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Burton Malkiel Quotes: A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.
         

A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.


Burton Malkiel
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"Burton Malkiel Quotes." Quoteslyfe.com, 2024. Wed. 18 Dec. 2024. <https://www.quoteslyfe.com/quote/A-blindfolded-monkey-throwing-darts-at-a-437269>.





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Other quotes of Burton Malkiel


Trust in time rather than timing.

Trust in time rather than timing.



Never buy anything from someone who is out of breath.

Never buy anything from someone who is out of breath.



Stupidity well packaged can sound like wisdom.

Stupidity well packaged can sound like wisdom.



It's not that stock prices are capricious. It's that the news is capricious.

It's not that stock prices are capricious. It's that the news is capricious.



Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.

Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.



The surest way to find an actively managed fund that will have top-quartile returns is to look for a fund that has bottom-quartile expenses.

The surest way to find an actively managed fund that will have top-quartile returns is to look for a fund that has bottom-quartile expenses.



Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly and, for the most part, accurately.

Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly and, for the most part, accurately.



We conclude that hedge funds are far riskier and provide much lower returns than commonly supposed.

We conclude that hedge funds are far riskier and provide much lower returns than commonly supposed.



It's like giving up a belief in Santa Claus.

It's like giving up a belief in Santa Claus.





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That vice has often proved an emancipator of the mind, is one of the most humiliating, but, at the same time, one of the most unquestionable facts in history.

That vice has often proved an emancipator of the mind, is one of the most humiliating, but, at the same time, one of the most unquestionable facts in history.



If it causes you to sin your soul-just walk away

If it causes you to sin your soul-just walk away



Intelligence is the ability to adapt to change

Intelligence is the ability to adapt to change




Why, she wondered, do we always reserve our worst hatred for our own?

Why, she wondered, do we always reserve our worst hatred for our own?



He looked at the cash siting there "What's that for?" I made myself smile "A good time.

He looked at the cash siting there "What's that for?" I made myself smile "A good time.



I write plays not to make money, but to stop myself from going mad. Because it's my way of making the world rational to me.

I write plays not to make money, but to stop myself from going mad. Because it's my way of making the world rational to me.



Ideas are the currency of the future.

Ideas are the currency of the future.



We can never work alone to bring great multiplication. It has to happen through unity & diversity.

We can never work alone to bring great multiplication. It has to happen through unity & diversity.



No god ever gave any man anything, nor ever answered any prayer at any time - nor ever will.

No god ever gave any man anything, nor ever answered any prayer at any time - nor ever will.




Quote Description


This page presents the quote "A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.". Author of this quote is Burton Malkiel. This quote is about selected, blindfolded, monkeys, darts, select, pages, experts, financial, throwing,.