you're curious about (e.g., ETFs, REITs, or Crypto) Risk tolerance level (e.g., conservative or aggressive)
Long before ETFs were a household term, Malkiel was a vocal advocate for low-cost index funds, arguing that if you can’t beat the market, you should be the market [3, 4]. A Random Walk Down Wall Street: The Time-Tested...
He analyzed the tulip-mania-like behavior of the dot-com era and the 2008 financial crisis, proving that while markets are generally efficient, human psychology—fear and greed—can still create massive "Castles in the Air" [1, 4]. you're curious about (e