Malkiel's Timeless lessons for Investors
(Notes from Burton Malkiel’s talk at Google in 2010) Lesson #1: Buy-and-hold is still the best strategy Not only timing the market is tough but people who are trying to time the market loose more often than not. Lesson #2: Dollar-cost Averaging Since it is impossible to guess whether the market is going to go bull or a bear, it is better to invest over a period rather than in one-shot....