Malkiel in general supports buying and holding index funds as the most effective portfolio-management strategy, but does think it is viable to actively manage "around the edges" of such a portfolio, as financial markets are not totally efficient.
Newly revised and updated with information on exchange-traded funds and investment opportunities in emerging markets, a trusted investment guide is filled with core insights and expert advice on stocks, bonds, money markets, real estate investment trusts, home ownership and more.
Deservedly a perennial bestseller. The Economist [A] most entertaining and useful book. The Times Higher Educational Supplement [This] timeless classic... offers a vast array of advice on how investors can tilt the odds in their favour. The Observer Entertaining and informative. Financial Times
Boek geeft duidelijk weer het ontstaan en de geschiedenis van de aandelenmarkten. Het is wat lastig leesbaar, voornamelijk veroorzaakt door de Engelse Vaktaal. Verder is het zeker een aanrader als je wat meer wilt weten over beleggen in aandelen.
All you ever wanted to know about the stock market. The book is full of meanningful stories from the past, & explains well the lesson to take from those into the future. Very easy to read, with a good flow & the right order of things. Highly recomended!!!