Ponzi and its pond of problems - Tribune Online


4/21/2022 12:00:00 AM3 yearsago
by Tribune Online

Burton Gordon Malkiel, an American economist and writer who is most noted for his classic finance book, A Random Walk Down Wall, has the following to say on Ponzi schemes: “A bubble starts when any group of stocks, in this case, those associated with

Burton Gordon Malkiel, an American economist and writer who is most noted for his classic finance book, A Random Walk Down Wall, has the following to say on Ponzi schemes: A bubble starts when any gr… [+6289 chars]

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