Quote

A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.

Burton Malkiel

Change background

T
T
T

Change font

TAGS & TOPICS

Burton Malkiel
Age: 92
Born: 1932
Born: August 28
Author
Economist
University Teacher
Writer
Boston
Massachusetts
Burton Gordon Malkiel
Newspapers
Monkey
Financial
Selected
Pages
Select
Wells
Monkeys
Well
Newspaper
Blindfolded
Would
Carefully
Darts
Throwing
Portfolio
Experts
Portfolios

More quotes by Burton Malkiel

Image
Trust in time rather than timing.
Burton Malkiel
Image
Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly and, for the most part, accurately.
Burton Malkiel
Image
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.
Burton Malkiel
Image
Never buy anything from someone who is out of breath.
Burton Malkiel
Image
It's like giving up a belief in Santa Claus.
Burton Malkiel