However, we think that investors will find JNJ very appealing if they take a long term look at the company and their steady yet growing fundamentals.

FORBES: The Band-Aid's Appeal To A Guy Like Benjamin Graham

Since they aren't designed to beat the market, but only to match it, these portfolios don't look very appealing after a long period in which stocks have gone nowhere.

WSJ: The Intelligent Investor: The New Supercharged Index Funds