“A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.”
Quote by Burton Malkiel
Work
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
This book provides a detailed analysis of the stock market and investment strategies, emphasizing the importance of long-term investing and the unpredictability of short-term market movements. more
Author
Burton Malkiel
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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