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Essay

A random walk down wallstreet

Essay specific features

 

Issue:

Business

 

Written by:

Levi S

 

Date added:

February 14, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

14 / 3845

 

Was viewed:

7306 times

 

Rating of current essay:

 
Essay content:

So how does a rational investor determine which stocks to purchase to maximize returns? Chapter 1 begins by defining and determining the difference in investing and speculating. Investing defined by Malkiel is the method of "purchasing assets to gain profit in the form of reasonably predictable income or appreciation over the long term"...
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Investing defined by Malkiel is the method of "purchasing assets to gain profit in the form of reasonably predictable income or appreciation over the long term". Speculating in a sense is predicting, but without sufficient data to support any kind of conclusion. What is investing? Investing in its simplest form is the expectation to receive greater value in the future than you have today by saving income rather than spending...
displayed 300 characters

General issues of this essay:
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