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Tag Archives: daytrading

Investing legend Burton Malkiel on day-trading millennials, the end of the 60/40 portfolio and more

There aren’t many books about investing that remain relevant over 40 years after they were first published. Burton Malkiel’s A Random Walk Down Wall Street, first published in 1973 and now in its twelfth edition, is one. Malkiel’s observation — that short-term fluctuations in the markets make stocks unpredictable and …

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Is Robinhood making money off those day-trading millennials? Well, yes. That’s kind of the point.

As the twin black swans of the coronavirus pandemic and the historic oil price collapse rocked financial markets early in 2020, opportunities emerged. So did media narratives. One of the most popular: that bored young people, stuck at home with no access to sports or bars or live entertainment, went …

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