Capitalization Weighted Indices

Some articles on indices, capitalization:

Fundamentally Based Indexes - Criticisms and Responses
... the first research was disseminated, fundamentally based indices have been criticized by proponents of capitalization weighting including John Bogle, Burton Malkiel, and William Sharpe ... primarily from the publications of one of the founders of fundamentally based indices, Robert Arnott ... By avoiding capitalization weighting, they are making bets that certain stocks will outperform the market ...