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Quote by Burton Malkiel

“I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of consistently superior performance occur no more frequently than can be expected by chance.”

Quote by Burton Malkiel

Author

Burton Malkiel is a renowned economist, born on August 28, 1932. He has made significant contributions to the field of financial economics, particularly in the areas of asset pricing and portfolio theory. Professor Malkiel is a faculty member at Princeton University, where he is known for his exceptional research and teaching. more

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