Index funds

As someone who is about to continue my studies in the hopes of having a rewarding job in Finance, the data is unsettling.

What the data says at the 50th anniversary of Malkiel's Random Walk Down Wall Street.

It seems like we have been continuing to have the same debates over and over for almost 100 years.

Is our industry is full of people famous for being right once in a row?

Should we work harder on being simple?

Do only only extraordinary circumstances justify deviation from a simple strategy?