The Elements of Investing 8 docx

The Elements of Investing by Burton G. Malkiel and Charles D. Ellis Dec 14, 2009_5 docx

... something. And then do something else. The more you do, the merrier he will be. Mr. Market is expensive and the cost of transac- tions is the small part of the total cost. The large part of the total ... dur- ing the fourth quarter of 1999 and the fi rst quarter of 2000 — just at the top of the market — than ever before. And most of the money that we...

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