(CNBC) One of the pioneers of passive index investing hasn’t let 2020?s unpredictable volatility shake his thesis. Burton Malkiel, professor emeritus of economics at Princeton University and author of the seminal finance book “A Random Walk Down Wall Street,” told CNBC’s “ETF Edge” on Monday that investors would be wise to “sit tight” and “stay the course” in light of the stock market’s latest sell-off.
Investing legend Burton Malkiel on the sell-off: Sit tight and don’t try to time the market
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