Knowledge@SMU
Publication Type
Journal Article
Publication Date
3-2012
Abstract
Years after he theorised that a blindfolded monkey throwing darts at stock listings can select a portfolio that would perform as well as one chosen by experts, Princeton economist Burton Malkiel is sticking by it. In the tenth edition of his investment classic, A Random Walk Down Wall Street, Malkiel explains why the experts are overrated, and why sticking with a buy-and-hold strategy using a broad stock market index fund will outperform the professionally managed ones.
Disciplines
Accounting | Business | Finance and Financial Management
Copyright Owner and Holder
Copyright © Singapore Management University 2012
Licece/Creative Commons Licence
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Article ID
1415
Subject(s)
Finance and Accounting
Citation
Knowledge@SMU.
Walking the talk of Wall Street. (2012).
Available at: https://ink.library.smu.edu.sg/ksmu/84