For many financial professionals, Burton Malkiel's classic has served as a trusted guide for nearly 50 years. Many investors use it to understand how markets work. This review takes a closer look at ...

(Bloomberg) -- When Burton Malkiel published A Random Walk Down Wall Street 50 years ago, he said a blindfolded chimpanzee throwing darts could pick a stock portfolio that would do as well as one ...

Investing in broad-based index funds seems unambitious — a fallback for people who lack the confidence to pick stocks that will outperform the market. Nearly 50 years ago, the economist Burton Malkiel ...