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Burton Malkiel

A Random Walk Down Wall Street

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  • Vernando Ongtieraцитирует3 месяца назад
    Investors were advised to “discount” the value of moneys received later.
  • b1750743140цитирует3 года назад
    ample, in his book The Great Myths of 1929
  • b1750743140цитирует3 года назад
    “I repeat what I said at this time last year and the year before, that sooner or later a crash is coming.”
  • b1750743140цитирует3 года назад
    firm-foundation theory
  • b1750743140цитирует3 года назад
    David Dodd’s Security Analysis,
  • b1750743140цитирует3 года назад
    Investing requires work, make no mistake about it.
  • b7859135063цитирует3 года назад
    getting ripped off
  • b7859135063цитирует3 года назад
    getting ripped off

    kazıklanmak

  • Max Romanyutaцитирует3 года назад
    The moral to the story is obvious. With large numbers of technicians predicting the market, there will always be some who have called the last turn or even the last few turns, but none will be consistently accurate. To paraphrase the biblical warning, “He who looks back at the predictions of market gurus dies of remorse.”
  • Jessica Calistaцитирует3 года назад
    the intrinsic value of a stock was equal to the present (or discounted) value of all its future dividends. Investors were advised to “discount” the value of moneys received later.
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