# Professor Jeffrey Wurgler comments on the value of index funds relative to the stock market

1 Faculty News October 18, 2016 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://www.wsj.com/articles/are-fund-managers-doomed-making-the-case-for-passive-investings-triumph-1476798977) -- "Another conundrum: Stocks in the index become overvalued relative to those outside it. [Jeffrey Wurgler](http://www.stern.nyu.edu/faculty/bio/jeffrey-wurgler), a finance professor at New York University’s Stern School of Business, has seen signs of this by comparing similar stocks that are or aren’t included in a basket."

[Read more](http://www.wsj.com/articles/are-fund-managers-doomed-making-the-case-for-passive-investings-triumph-1476798977)