Articles under “Burton Malkiel”

Sound Investing When Markets Are in Turmoil

We have recently experienced a great deal of turmoil in our financial markets. Such uncertainty is an inevitable characteristic of our markets and is not at all unprecedented historically.

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An Optimal Approach to Smart Beta

I have been skeptical about the proliferation of “Smart Beta” strategies, many of which have failed to generate satisfactory returns. The reason is not because the approach has no theoretical basis or is inconsistent with my belief that markets are reasonably efficient.

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Is Indexing Worse Than Marxism?

Index funds have always been ridiculed by active mutual-fund managers.  Two recent events have fueled a new set of criticisms.

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What You Should Do in Volatile and Uncertain Markets

World stock markets have been extremely volatile in 2015. Returns since the start of the year have been negative and the markets have recently experienced a major correction.

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