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Technology Stocks : Dell Technologies Inc.

DELL 119.80

+2.3%

2:29 PM EST

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To: stock bull who wrote (63328)	9/3/1998 3:33:00 AM
From: Stewart Walton	Read Replies (2) of 176388

I haven't read the book, although I understand Louis Navallier (self admitted stock picking phenom) started his career by trying to prove it wrong (i.e. that you can too pick stocks and time them). But here's an interesting review from amazon.com. This reviewer gave it one star out of five. Most other reviewers were very complimentary. One other critical review cited work by Richard Thaller. Anybody heard of him? goluminv@worldnet.att.net from Portland, OR , May 19, 1998 Malkiel's basic premise has been demonstrated FALSE! It's tough to say anything nice about an author who wrote a book 20 years ago with a false premise who has updated the book without revising the fundamental thrust. The stock market, and other financial markets, are not random: they are chaotic. The difference is significant and profitable. I know, both theoretically (schooled as a mathematician) and practically (trading successfully, as I do, is impossible in a negative sum game, which the market is, unless the market is chaotic rather than random).

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