Quote:
Originally Posted by Boomer
The most recent episode of PBS WealthTrack was an interview with Burton Malkiel who wrote the classic A Random Walk Down Wall Street, 50 years ago. (I think this episode first aired a little over a year ago, but I cannot imagine this guy has changed his mind.)
Sounds like he and Bogle were buddies. It is interesting to hear what happened when Bogle first introduced the index fund.
Malkiel’s book has had several updates, but his basic strategy still holds true — in spite of robots and formulas and ESG investing and all that other stuff that’s out there to talk about now.
I am throwing this info in here because I think some of you might want to see this interview, especially those who really like their index funds.
If you are interested in old-school, simple investing advice, you might want to Google wealthtrack.com and Burton Malkiel and you will find the episode. Besides, an old man with real knowledge and experience is a lot more fun to listen to than a robot.
Boomer
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Her's is one of the podcasts I subscribe to. The interviewwas on her podcast a few months ago. I downloaded the updated book from my library but found much of it was a repeat of the book I read decades ago.