A Non-Random Walk Down Wall Street by Andrew W. Lo, A. Craig Mackinlay

A Non-Random Walk Down Wall Street

Andrew W. Lo, A. Craig Mackinlay

448 pages first pub 1999 (editions)

nonfiction economics informative slow-paced
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For over half a century, financial experts have regarded the movements of markets as a random walk--unpredictable meanderings akin to a drunkard's unsteady gait--and this hypothesis has become a cornerstone of modern financial economics and many i...

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