Uōrugai no randamu uōkā : Kabushiki tōshi no fumetsu no shinri (Tankobon Hardcover)

It's fascinating how Malkiel emphasizes this concept as a strategy. I wonder what motivated him to challenge more active trading approaches and promote passive investing.

I found some parts dense, but overall it helped me see the logic behind market movements. Curious if others felt the same or if it was a hurdle for them.

Given the book's age, I'm wondering how well its strategies hold up amidst recent economic shifts and technological advances in trading.