I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of consistently superior performance occur no more frequently than can be expected by chance.
I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few ex… - Burton Malkiel
I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few ex…
- Burton Malkiel
Never buy anything from someone who is out of breath. - Burton Malkiel
Never buy anything from someone who is out of breath.
Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly … - Burton Malkiel
Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly …
It's not that stock prices are capricious. It's that the news is capricious. - Burton Malkiel
It's not that stock prices are capricious. It's that the news is capricious.
Trust in time rather than timing. - Burton Malkiel
Trust in time rather than timing.
Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory f… - Burton Malkiel
Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory f…
Stupidity well packaged can sound like wisdom. - Burton Malkiel
Stupidity well packaged can sound like wisdom.
Index funds have regularly produced rates of return exceeding those of active managers by close to 2 percentage points. Active management as a whole … - Burton Malkiel
Index funds have regularly produced rates of return exceeding those of active managers by close to 2 percentage points. Active management as a whole …
We conclude that hedge funds are far riskier and provide much lower returns than commonly supposed. - Burton Malkiel
We conclude that hedge funds are far riskier and provide much lower returns than commonly supposed.
Login to join the discussion
Login to join the discussion