Wednesday, January 19, 2011

Burton Malkiel on random walks and indexing.

We're working on portfolio theory in class this month, and we've talked about index funds a little.

Here is a must watch video interview of Burton Malkiel talking random price movements and the business of actively managed funds.

http://finance.yahoo.com/tech-ticker/article/535789/Burton-Malkiel:-Markets-Arent-100%25-Efficient-But-You-Still-Cant-Beat-Em