Ce commentaire est de: A Random Walk Down Wall Street (Paperback)
It's interesting how with each new edition, the efficiant market theory slowly morphs into value and growth investing. When the book first came out, Malkiel wrote that a monkey throwing darts can beat professional stock pickers. Well, for a couple of years the Wall Street Journal ran a series pitting stock pros against a monkey. From what I remember the monkey lost. I also remember that Malkiel ran a mutual fund which wasn't all too hot (he probably used the Wall Street Journal's monkey!). Now Malkiel recommends loading up on index funds, which by the way are loaded with blue chip stocks and are not at all chosen randomly. Save your money and buy Graham's Intelligent Investor, The Essays of Warren Buffett, and Fisher's Common Stocks and Uncommon Profits
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A Random Walk Down Wall Street 0393325350
Burton Malkiel
WW Norton
A Random Walk Down Wall Street
generic
An Egghead's Theory on how Wall Street Works
It's interesting how with each new edition, the efficiant market theory slowly morphs into value and growth investing. When the book first came out, Malkiel wrote that a monkey throwing darts can beat professional stock pickers. Well, for a couple of years the Wall Street Journal ran a series pitting stock pros against a monkey. From what I remember the monkey lost. I also remember that Malkiel ran a mutual fund which wasn't all too hot (he probably used the Wall Street Journal's monkey!). Now Malkiel recommends loading up on index funds, which by the way are loaded with blue chip stocks and are not at all chosen randomly. Save your money and buy Graham's Intelligent Investor, The Essays of Warren Buffett, and Fisher's Common Stocks and Uncommon Profits
Joe Cool "thedancingcrab"
Feb 19 2004
A Random Walk Down Wall Street
