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Malkiel not more than half a dozen really good books about investing have been written in the past fifty years. The superinvestors of grahamanddoddsville the gist of it is that while very few investors are able to beat the market consistently in the long run, buffett himself and others he has encountered have been. A random walk down wall street was published in 1973 by burton malkiel and popularised the random walk hypothesis in finance. Malkiel is the author of a random walk down wall street 4. Malkiel, who has taught finance at princeton for the last 20.
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