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Random Walk Author Burt Malkiel To Appear On CFRN

|Includes:DIA, FB, GLD, PowerShares QQQ Trust ETF (QQQ), SPY

BURT MALKIEL - "RANDOM WALK DOWN WALL STREET" AUTHOR TO APPEAR ON CFRN

An American economist and writer, most famous for his classic finance book A Random Walk Down Wall Street (now in its 11th edition, 2012). Burt is a leading proponent of the efficient market hypothesis, which contends that prices of publicly traded assets reflect all publicly available information, although he has also pointed out that some markets are evidently inefficient, exhibiting signs of non-random walk.

Malkiel in general supports buying and holding index funds as the most effective portfolio-management strategy, but does think it is viable to actively manage "around the edges" of such a portfolio, as financial markets are not totally efficient.

We being purely Technical Analysts ourselves, tend to believe that Wall Street is somewhat less than random. However, we do like to keep an open mind and are pleased that Mr. Malkiel has accepted our invitation to discuss the topic live on CFRN.

We look forward to a spirited conversation and invite you to tune in live

Thursday August 16, 2012 @ 11am Eastern

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