Sunday, January 30, 2011

Malkiel on Beating the Market

"Telling people you cannot beat the market is like telling a six-year-old that Santa Claus doesn't exist. The six-year-old doesn't want to believe it. Neither do people on Wall Street." - Burton Malkiel, Princeton University professor and author of A Random Walk Down Wall Street and The Elements of Investing.

I highly recommend The Elements of Investing. I routinely give this book out to those who are interested in learning more about the keys to successful long term investing.

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