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Author: wmclaren One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1482  
Subject: Re: Random Walk recommendation? Date: 8/1/1997 1:11 AM
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Westcoast wrote...

>A Random Walk down Wall Street - just recommended to me, >and I borrowed it... but this sucker is HUGE...
>Is it worth reading? Anyone else read it?

Michael O'Higgins mentions it in "Beating the Dow," which the Foolish Four and Unemotional Value methods are based on, and which I highly recommend. He says the author, Burton Malkiel is an adherent to the Efficient Markets Theory. In Malkiel's words "a blindfolded chimpanzee throwing darts at the Wall Street Journal can perform as well as the experts." I disagree. If you think he's right, stick your $$ in an index fund and forget about picking stocks.

After I read this, I moved "A Random Walk Down Wall Street" way down my reading list (after Lynch, O'Higgins, and of course, the Gardner bros). I'll get around to it eventually. ;-)

Wayne McLaren
Victoria BC

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