Search results
Results from the WOW.Com Content Network
Burton Gordon Malkiel (born August 28, 1932) is an American economist, financial executive, and writer most noted for his classic finance book A Random Walk Down Wall Street (first published 1973, in its 13th edition as of 2023).
A Random Walk Down Wall Street, written by Burton Gordon Malkiel, a Princeton University economist, is a book on the subject of stock markets which popularized the random walk hypothesis. Malkiel argues that asset prices typically exhibit signs of a random walk , and thus one cannot consistently outperform market averages .
Skip to main content. Subscriptions; Animals
The term was popularized by the 1973 book A Random Walk Down Wall Street by Burton Malkiel, a professor of economics at Princeton University, [2] and was used earlier in Eugene Fama's 1965 article "Random Walks In Stock Market Prices", [3] which was a less technical version of his Ph.D. thesis.
So Malkiel and pretty much every other investing expert recommends a strategy called dollar-cost averaging, meaning consistently investing money each month regardless of what the market is doing.
In finance, the greater fool theory suggests that one can sometimes make money through speculation on overvalued assets — items with a purchase price drastically exceeding the intrinsic value — if those assets can later be resold at an even higher price.
Malkiel is both a given name and a surname. Notable people with the name include: Malkiel Ashkenazi, 16th-century Ottoman rabbi; Malkiel Gruenwald, Israeli hotelier, journalist, and stamp collector; Malkiel Kotler, Rosh Yeshiva of Beth Medrash Govoha; Burton Malkiel (born 1932), American economist and writer
After traumatic cancer treatment for mouth cancer, Trish Burton found her safe space in the gym, allowing her rebuild physical and emotional strength. After traumatic cancer treatment, 1 woman ...