Authors
Topics
Lists
Pictures
Resources
More about Burton Malkiel
Burton Malkiel Quotes
2 Sourced Quotes
Source
Report...
Index funds have regularly produced rates of return exceeding those of active managers by close to 2 percentage points. Active management as a whole cannot achieve gross returns exceeding the market as a while and therefore they must, on average, underperform the indexes by the amount of these expense and transaction costs disadvantages.
Burton Malkiel
Source
Report...
Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.
Burton Malkiel
Quote of the day
What's a cult? It just means not enough people to make a minority.
Robert Altman
Burton Malkiel
Born:
August 28, 1932
(age 92)
Bio:
Burton Gordon Malkiel is an American economist and writer, most famous for his classic finance book A Random Walk Down Wall Street.
Known for:
The Elements of Investing (2009)
Burton Malkiel on Wikipedia
Suggest an edit or a new quote
American Economist Quotes
Economist Quotes
20th-century Economist Quotes
Related Authors
William J. Bernstein
American Economist
Peter Lynch
American Businessman
Featured Authors
Lists
Predictions that didn't happen
If it's on the Internet it must be true
Remarkable Last Words (or Near-Last Words)
Picture Quotes
Confucius
Philip James Bailey
Eleanor Roosevelt
Letitia Elizabeth Landon
Popular Topics
life
love
nature
time
god
power
human
mind
work
art
heart
thought
men
day
×
Lib Quotes