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 ...

Burton Malkiel, professor of financial economics at Princeton University, is the intellectual midwife of the indexing phenomenon. In his classic A Random Walk Down Wall Street, first published in 1973 ...

This year is the 50 th anniversary of one of Wall Street’s most influential books, A Random Walk Down Wall Street. Author Burton Malkiel argued that news and expectations are factored into stock ...

In math, there’s a concept called a random walk, where an object moves across space in no clear pattern. At Yale, it’s been easy to feel pigeonholed into a prescribed path: completing our majors, ...