Our conversation with Burton Malkiel will show you an unnervingly simple way to make money investing and beat almost all the pros!, that rocked the investing world and profoundly changed the way trillions of dollars are invested today. Burton Malkiel’s shocking conclusion: A monkey tossing darts at tables of stocks will outperform most investment managers.It’s no surprise that criticism then was sharp and fierce—as it continues to be to this day. Nonetheless, Malkiel has been vindicated.
My conversation with this 86-year-old guru will leave you astonished at how easy it is over time to best the pros: All you have to do is park your money—especially your retirement funds—in a low- or no-fee index fund or ETF.
Steve’s newest project is the podcast “What’s Ahead,” where he engages the world’s top newsmakers, pol...
cant say about monkeys picking stocks 😀 but investment managers are as clueless or cluemore as any retail investor - that is a certainty.
Well someone kidnapped my monkey!
He must have been staring Krugman when he said that!
😝🙊
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Source: CNBC - 🏆 12. / 72 Read more »