Index Fund Investing: The Simple and Accessible Way to Successful Investing
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Published 2023-02-10
Malkiel's beliefs are supported by the track record of an investor who invested $10,000 in an index fund in 1977 and saw it grow to over $2 million by 2022, while an investor who purchased shares in the average actively managed mutual fund only saw the investment grow to $1.47 million.
Despite the changes in the market and the array of investment products and strategies available, Malkiel remains convinced of the validity of his original thesis. He explains why he still believes in the principles of "A Random Walk Down Wall Street" and offers his perspective on ESG investing, factor investing, and cryptocurrencies.
#investingstrategy #longterminvestment #activeinvesting #passiveinvesting
00:00 Hello
00:50 Introduction
02:50 Interview with Burton Malkiel
21:20 One Investment
24:45 Action Point
WEALTHTRACK episode 1933 broadcast on February 10, 2023
Bookshelf: A Random Walk Down Wall Street: The Best Investment Guide That Money Can Buy: amzn.to/40E5Pa1
All Comments (21)
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Professor Malkiel is a LEGEND. I just read his book. All my retirement money is in a bunch of index funds for the past 20 years. Thank you Jack Bogle and Prof. Malkiel.
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Could not agree more with the comment of holding an index fund. If anything all this immediate information flow driving prices up and down so violently makes me feel even more secure in index funds.
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He said to add non-U.S. index funds, as your portfolio "develops"...I wish he had been a bit more specific as to what constitutes, "as it develops".
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Malkiel is one of the last of the all time greats in Finance. His advice is pure gold and should be mandatory viewing for novice investors. Thank you for interview.
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thank you so very much Burton Malkiel....
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This guy's advice is hands-down the most important financial information anybody should hear. It's great to see him on the program and I appreciate the questions you raised to him Consuelo.
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This guy's been around the block many times, I like him. Just ordered the book! 👍
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All thumbs up. 👏👍 I had two very good professors before 1994 in my MBA degree and I learned everything from them. The best is to listen the entire 26 minutes. I figured this exactly out in the 90's. He wrote a book so I don't have to. Nobody will buy my book anyway. In the 90's I was searching for the best winning fund managers but found no consistency. That raised my suspension and found answers. After a period of I managed my own funds (hey, I had an MBA and probably better than many Wall Street managers), I refined and got exact strategy like he described, from my own experience and my own gathered stats.
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Jack Bogle said not to invest in global markets; not as reliable.
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Burton Malkiel is one of the greatest, smartest, most experienced, and most entertaining finance experts of all time. Stellar interview.😊💙🙏😍😺🌱😁
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By far the best money honey!!!!
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A great reminder during these challenging times!
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Board member of Vanguard, ofcourse he wants to sell those index funds.
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Love it
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value investing always wins
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I’m very surprised he advocated for a U.S. Total Stock Market Index Fund before a Total World Market Index Fund
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His excellent advice is a recognition of market sentiment as the correct guide for investing in equities. To hell with the actual numbers that are spewed out by gurus and executives and accountants at the companies. The real thing to watch is market sentiment. If sentiment is positive equities in general will go up in price. Equity investing is a religious experience. Do you believe?
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I wonder how much money Burton has made from his books alone
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Unconventional times require unconventional investors.
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Wish he had covered how he is personally allocated in his 401K and outside of his 401K.
