A Random Walk Down Wall Street Audio
A Random Walk Down Wall Street" by Burton Malkiel argues that stock market prices are unpredictable, following a "random walk" where past performance cannot pre
A Random Walk Down Wall Street" by Burton Malkiel argues that stock market prices are unpredictable, following a "random walk" where past performance cannot predict future movements. It posits that because markets are efficient and instantly incorporate all information, investors cannot consistently outperform market averages.
