Castle Essay Samples and Topic Ideas

castle-in-the-air theory, he has explained how speculative binges and the act of outguessing the reactions brought about by the fickle crowd can be a dangerous affair in investing. According to Malkiel, the markets that have been supported by psychic have always succumbed to a downfall (15). The author has also explained how explosive bubbles in early 2000 were devastating to the world economies leading to a loss of over $ 8 trillion in the market value (Malkiel 36). The book is very informative and has also explained some of the important methods that are used by the professional portfolio managers around the world. Efficient-Market Hypothesis that has been presented by Malkiel has practical...