Burt Malkiel on Bloomberg: I Believe in the "Blindfolded Monkey" Investor More Than Ever

With the 12th edition reissue of his seminal book, A Random Walk on Wall Street, Rebalance Investment Committee member Burt Malkiel remains firm in his conviction that timing the stock market is a fool’s errand.

Rebalance Investment Committee member and financial juggernaut Burt Malkiel visits Bloomberg to discuss current stock market conditions, the importance of staying calm during volatility, and how his book, A Random Walk on Wall Street, still resonates 46 years after its initial publication. Watch on as Professor Malkiel explains why he still strongly supports the indexing approach to investing, and urges investors to “buy the haystack instead of searching for the needle.”