<h1 id="a-random-walk-down-wall-street">A Random Walk down Wall Street<a aria-hidden="true" class="anchor-heading icon-link" href="#a-random-walk-down-wall-street"></a></h1>
<h2 id="metadata">Metadata<a aria-hidden="true" class="anchor-heading icon-link" href="#metadata"></a></h2>
<ul>
<li>Author: Burton G. Malkiel</li>
<li>Publication date: 2016-01-04</li>
<li>Link: <a href="https://www.amazon.com/Random-Walk-down-Wall-Street/dp/0393352242">amazon</a></li>
</ul>
<h2 id="notes">Notes<a aria-hidden="true" class="anchor-heading icon-link" href="#notes"></a></h2>
<p>From <a href="https://www.youtube.com/watch?v=7TCVoB6Vorg">the summary video by The Swedish Investor</a>. Length: 15min.</p>
<p><a href="https://youtu.be/7TCVoB6Vorg?t=219">03:39</a>: fundamental analysis has a tough time beating the market </p>
<p><img src="https://ik.imagekit.io/casa/h7b-dendron/a_random_walk_down_wall_s_time_219_koSqvnuYm.png?ik-sdk-version=javascript-1.4.3&#x26;updatedAt=1668214351832" alt="fundamental-analysis" style="max-width:300px;display:block;margin:0 auto;"></p>
<p><a href="https://youtu.be/7TCVoB6Vorg?t=394">06:34</a>: technical analysis doesn't seem to be a winning strategy </p>
<p><img src="https://ik.imagekit.io/casa/h7b-dendron/a_random_walk_down_wall_s_time_394_WVI7C9HUp.png?ik-sdk-version=javascript-1.4.3&#x26;updatedAt=1668214351832" alt="technical-analysis" style="max-width:300px;display:block;margin:0 auto;"></p>
<p><a href="https://youtu.be/7TCVoB6Vorg?t=526">08:46</a>: beating the market is hard, due to human psychology </p>
<p><img src="https://ik.imagekit.io/casa/h7b-dendron/a_random_walk_down_wall_s_time_526_xr4utABVC.png?ik-sdk-version=javascript-1.4.3&#x26;updatedAt=1668214351930" alt="human-psychology" style="max-width:300px;display:block;margin:0 auto;"></p>
<p><a href="https://youtu.be/7TCVoB6Vorg?t=628">10:28</a>: future market development is a random walk and therefore it cannot be predicted</p>
<p><img src="https://ik.imagekit.io/casa/h7b-dendron/a_random_walk_down_wall_s_time_628_cC7b3NRtQ.png?ik-sdk-version=javascript-1.4.3&#x26;updatedAt=1668214351935" alt="random" style="max-width:300px;display:block;margin:0 auto;"></p>
<p><a href="https://youtu.be/7TCVoB6Vorg?t=834">13:54</a>: how an individual investor beat the average analyst on Wall Street </p>
<p><img src="https://ik.imagekit.io/casa/h7b-dendron/a_random_walk_down_wall_s_time_834_UGlhIuvtv.png?ik-sdk-version=javascript-1.4.3&#x26;updatedAt=1668214351767" alt="beat-wall-street" style="max-width:300px;display:block;margin:0 auto;"></p>
<hr>
<h2 id="tags">Tags<a aria-hidden="true" class="anchor-heading icon-link" href="#tags"></a></h2>
<ol>
<li><a class="color-tag" style="--tag-color: #89fe05;" href="/notes/ecfk04215ie1bev71uhf9h9">cat.read</a></li>
<li><a class="color-tag" style="--tag-color: #53fca1;" href="/notes/dAHQA4XNlgopAtRMDy7MF">topic.investment</a></li>
</ol>

A Random Walk down Wall Street

h7b-dendron

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