Eric Schleien
I think Jeremy Siegel's new index funds are great for someone looking to get started investing. Index funds are a great way to invest as they are basically buying large basket of stocks so a novice stock picker won't get screwed by one single stock. Siegal's index fund has only dividend payers which have actually outperformed the market. It's not that they outperform because they pay dividends (since they are meaningless hence a transfer of cash plus taxed twice) but rather dividend paying companies usually have better balance sheets and are smarter with using cash. While these companies have only outperformed the general market by around 2%, 2% goes along way over the course of many years. While Charles Munger of Berskhire Hathaway may think he's demented, for the average investor this is a good strategy to invest.
He has some testimonials on his site JeremySiegel.com
Jeremy Siegel is one of the great ones. [His article at the market top was] one of the most stark and prescient calls I have ever seen. - Jim Cramer, CNBC MadMoney
His contributions to finance and investing are of such siginificance as to change the direction of the Profession. -The Financial Analyst Institute, May 2005
Jeremy Siegel is a wise man and an astute observer of the ever changing investment universe. - Barton Biggs, Traxis Partners
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