Message 393861 - Python tracker

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Content 
The problem is that such exceptions are often used with the EAFP style. For example:

        while stop is None or i < stop:
            try:
                v = self[i]
                if v is value or v == value:
                    return i
            except IndexError:
                break
            i += 1

You caught IndexError and do something, but do not use the error message. Formatting error message takes a time. I am sure that error messages of a wast majority of IndexError exceptions are not used, just the type of the raised exception matters.