finance

Malkiel’s Argument Against Active Trading

by

n “A Random Walk Down Wall Street,” Burton Malkiel fundamentally challenges the efficacy of active trading, positing that the financial markets are essentially random and that no amount of skill, insight, or information can consistently beat the market. This revolutionary concept has not only become the foundation for the Efficient Market Hypothesis (EMH) but also … Read more

The Intelligent Investor Summary (9/10)

by

The Intelligent Investor by Benjamin Graham is often cited as one of the best books on investment, most notably by Warren Buffet. Graham lays the foundation for laymen by giving a sound approach to investment, written with simple language that is easy (albeit dated) to understand. You are presented with Graham’s personal investment philosophy and … Read more