A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (2025)

A RANDOM WALK DOWN WALL STREET

National Conference Proceedings of Equity Markets and Fund Management-

2022

PROCEEDINGS of 2nd National Conference on Equity Market and Fund Management 24th March 2022 (ISBN 978-81-953396-2-4).

Cross-Sectional Differences between Topic 1: Money Market Mutual Funds and their Role in the Mutual Fund Families. Topic 2: Innovations in Financial Products. Conventional Mutual Funds versus Exchange Traded Funds

2007

Users of this dissertation not regularly enrolled as students at Georgia State University are required to attest acceptance of the preceding stipulations by signing below. Libraries borrowing this dissertation for the use of their patrons are required to see that each user records here the information requested.

Yesterday’s Tomorrows: Past Visions of Future Financial Markets

Applied Finance Letters, 2014

It is easy to imagine that the present - yesterday’s tomorrow - was always the future expected in the past. Yet, what we now accept as the normal state of affairs - the present - was not the only possible outcome that could have come to pass nor was it often the most commonly expected one. What is now considered “inevitable” – when viewed from the vantage point of 20/20 hindsight - was often not immediately embraced or accepted. In order to understand where we are going it is important to understand where we have been and how we got there. I want to discuss some past visions of the future of financial markets, in general, and derivative markets, in particular, as seen by academics, practitioners and policymakers at various points in time. There are few advantages of age but one of them is the opportunity to witness changes and remember the contemporary context in which they occurred. I have been fortunate to have had a catbird seat to observe some of the changes in financial market...

Stock Market Rules 50 of the Most Widely Held Investment Axioms Explained Examined and Exposed.

Cross-Sectional Differences between Topic 1: Money Market Mutual Funds and Their Role in the Mutual Fund Families. Topic 2: Innovations in Financial …

Finance Dissertations, 2007

In presenting this dissertation as a partial fulfillment of the requirements for an advanced degree from Georgia State University, I agree that the Library of the University shall make it available for inspection and circulation in accordance with its regulations governing materials of ...

International Journal of Financial Studies Buy and Hold in the New Age of Stock Market Volatility: A Story about ETFs

The buy and hold stock market strategy, which gained tremendous popularity in the 1970s, may no longer be such a profitable method for accumulating wealth for the average investor in the new millennium. This paper investigates the relationship between compound return and holding period length to see how long an Exchange Traded Fund (ETF) investment must be held before a positive return on principal is 100% likely. Because the ETF is a relatively new investment vehicle that could be considered particularly well-suited to the requirements of the buy and hold strategy, we begin our investigation here. We find that the compound returns earned over a rolling holding period are much more volatile than one might assume given historic rules of thumb for average return expectations. Using monthly return data for all listed NASDAQ ETFs between their date of inception and 2015, we find it takes ten years for the average probability of a gain on principal to be over 95 percent.

What Works on Wall Street A Guide to the Best Performing Investment Strategies of All Time

The Future for Investors: Why the Tried and the True Triumphs Over the Bold and the New. By Jeremy Siegel. Crown Business, 2005, ISBN 1-4000-8198-X, 308 pages, Price $27.50

Journal of Pension Economics and Finance, 2005

Three essays on financial markets

Laurence D. Fink, chairman and CEO of BlackRock, recently summed this up in a letter to S&P 500 CEOs that BlackRock invests in (Business Insider, April 14, 2015): "Over the past several years at BlackRock, we have engaged extensively with companies, clients, regulators and others on the importance of taking a long-term approach to creating value. We have done so in response to the acute pressure, growing with every quarter, for companies to meet short-term financial goals at the expense of building long-term value. This pressure originates from a number of sources-the proliferation of activist shareholders seeking immediate returns, the ever-increasing velocity of capital, a media landscape defined by the 24/7 news cycle and a shrinking attention span, and public policy that fails to encourage truly long-term investment." 2 See Options Clearing Corporation. 3 See Mayhew and Mihov (2004) for initial listing requirements. 14 Descriptive statistics for all other variables used throughout the course of our study are in the Appendix, Table A.16.