Investing in broad-based index funds seems unambitious — a fallback for people who lack the confidence to pick stocks that will outperform the market. Nearly 50 years ago, the economist Burton Malkiel ...

Episode 116 of the Investopedia Express with Caleb Silver (December 12, 2022) Caleb has been the Editor-in-Chief of Investopedia since 2016. He is an award-winning media executive with more than 20 ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper addresses a key puzzle in international finance: whether exchange rates follow a random walk or exhibit ...