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A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing, by Burton G. Malkiel

5%

the intrinsic value of a stock was equal to the present (or discounted) value of all its future dividends.

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

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

by Burton G. Malkiel

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