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

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the unsystematic risk is substantially eliminated and our portfolio (with a beta of 1) will tend to move up and down essentially in tandem with the market.
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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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