TITLE

10 Questions with... Burton Malkiel on A Random Walk Down Wall Street

PUB. DATE
April 2005
SOURCE
Journal of Financial Planning;Apr2005, Vol. 18 Issue 4, p10
SOURCE TYPE
Academic Journal
DOC. TYPE
Interview
ABSTRACT
This section presents an interview of economics professor Burton G. Malkiel, economics professor about his book A Random Walk Down Wall Street. My argument, which the publisher agreed with, was that the premise was a unique idea--not one's typical run-of-the-mill investing book which, as one note and I agree, there were not many of. And indeed, the results have been that it is sold well to the investing public and found a place in many business school programs and for training professionals such as certified financial analyst. When it was being published, my lawyer suggested to me that I get the value of the book appraised and gift it to my son. Since its an investment guide, it needs to be updated often to reflect the remarkable changes in financial products during the last 30 years. There are marvelous insights from behavioral finance that we can apply to investing, and that is another reason to update the book regularly. Brokers and advisors do not make any money if they put one in a Vanguard index fund, but they do get paid for selling one a hot, actively managed fund. That is why only 10 percent of the individual money is indexed. I just updated everything through 2004. The support for indexing is as strong as ever in this sense. indexes continue to outperform the typical actively managed fund. INSETS: Can They--or Can't They?;Coming Soon...;Reflections on Your Next-Generation Planner.
ACCESSION #
16735100

 

Related Articles

  • STILL INDEXING. Appell, Douglas // Pensions & Investments;9/5/2005, Vol. 33 Issue 18, p46 

    Presents an interview with Princeton professor Burton Malkiel. Observation on investors and money managers; Information on his book "A Random Walk Down Wall Street"; Retirement from the board of the Vanguard Group Inc; Association with Vanguard; Discussion on the eighth edition of his book...

  • An Index for Investing. Clark, Kim // U.S. News & World Report;1/15/2007, Vol. 142 Issue 2, p74 

    The article presents an interview with Princeton University economist Burton Malkiel. He discusses how the ninth edition of his book "A Random Walk Down Wall Street," differs from the 2003 edition. He talks about the proliferation of exchange traded funds (ETFs) and his belief that ETFs are...

  • The Man Your Fund Manager Hates. Bernasek, Anna // Fortune;12/20/1999, Vol. 140 Issue 12, p135 

    Presents an interview with Burton Malkiel, whose 1973 book 'A Random Walk Down Wall Street' asserts that individual stocks are impossible to predict, and that index funds are the best investment. Details on his theory; His comments on mutual funds; Concerns over index funds; His advice for...

  • Book reviews. Musgrave, Gerald L. // Business Economics;Apr97, Vol. 32 Issue 2, p74 

    Reviews the book `A Random Walk Down Wall Street,' by Burton G. Malkiel.

  • Adult books: Nonfiction. Rouse, David // Booklist;05/01/99, Vol. 95 Issue 17, p1566 

    Reviews the book `A Random Walk Down Wall Street: Including a Life-Cycle Guide to Personal Investing,' by Burton G. Malkiel.

  • Book reviews: Social sciences. Wenner, Alex // Library Journal;2/1/1996, Vol. 121 Issue 2, p85 

    Reviews the book `A Random Walk Down Wall Street Including a Life-Cycle Guide to Personal Investing,' by Burton G. Malkiel.

  • A Random Walk Down Wall Street: Including a Life Cycle Guide to Personal Investing. (Book). Mayover, Steven J. // Library Journal;6/1/1990, Vol. 115 Issue 10, p140 

    Reviews the book "A Random Walk Down Wall Street: Including a Life Cycle Guide to Personal Investing," 5th ed., by Burton G. Malkiel.

  • EXECUTIVE READER. Hofman, Mike // Inc.;Apr2000, Vol. 22 Issue 5, p153 

    Presents a list of books for executive readers. `Built to Last: Successful Habits of Visionary Companies,' by James C. Collins; `A Random Walk Down Wall Street,' by Burton G. Malkiel; `The Ten Commandments: The Significance of God's Laws in Everyday Life,' by Laura Schlessinger.

  • Read This & Reap. Galarza, Pablo; Regnier, Pat; Sivy, Michael; Wang, Penny; Zweig, Jason // Money;Aug1999, Vol. 28 Issue 8, p95 

    Reviews a number of books on personal finance. `The Warren Buffett Portfolio,' by Robert G. Hagstrom; `Devil Take the Hindmost: A History of Financial Speculation,' by Edward Chancellor; `A Random Walk Down Wall Street,' by Burton G. Malkiel; `Common Sense on Mutual Funds,' by John C. Bogle;...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics