Burton Gordon Malkiel

عن المؤلف

Burton Gordon Malkiel is a prominent American economist and author, best known for his influential work, "A Random Walk Down Wall Street." First published in 1973, this book has become a staple in the field of personal finance and investing, advocating the efficient market hypothesis which posits that stock prices reflect all available information. Malkiel's insights have made complex financial concepts accessible to the general public, emphasizing the importance of long-term investment strategies over short-term speculation.

Malkiel's academic career includes a tenure as a professor of economics at Princeton University, where he has contributed significantly to the understanding of financial markets. His expertise has not only shaped the way individuals approach investing but has also impacted institutional investment strategies. Malkiel continues to be a vocal advocate for the average investor, promoting index funds as a viable investment option. His work remains highly regarded in both academic and popular circles, ensuring his legacy in the field of finance.