Don’t put much stock in the TV experts

posted by
February 13, 2011
Liberty For All
by John Stossel  
Posted in Commentary

"Stocks go up and down, but eventually, most go up. So if you invest and hold on, odds are you’ll do quite well. As my former Princeton economics professor, Burton Malkiel, told me, 'The stock market is like a gambling casino with the odds in your favor. Over the long pull, it beats inflation, and beats it by a great deal.' If you want to beat other investors, too, it’s logical to think that you should turn to the most visible specialists for advice." (02/13/11)  

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