Random walk theory proposes that stock prices move unpredictably, making it impossible to predict future movements based solely on past trends. This financial theory, first popularized by economist ...

The random walk theorem, first presented by French mathematician Louis Bachelier in 1900 and then expanded upon by economist Burton Malkiel in his 1973 book A Random Walk Down Wall Street, asserts ...

"A Random Walk Down Wall Street" is an influential stock market and investing related book written by Burton Malkiel, a leading economist, professor and former director of the Vanguard group and ...

Random walks and percolation theory form a fundamental confluence in modern statistical physics and probability theory. Random walks describe the seemingly erratic movement of particles or entities, ...

What a wild week in the markets we had last week. All week long the Fed was throwing everything they could at this market and nothing worked. This week I call payment due on yesterday's credit. The ...

Burton Malkiel wrote "A Random Walk Down Wall Street" which tells us there's no way for us to make money picking stocks. It's a load of baloney. This blog intends to prove why. Based on these findings ...

The efficient market hypothesis theory states that the market prices securities fairly and efficiently, and investors are unable to outperform the market consistently. Moreover, EMH theory proposes ...

In this paper we give a survey of some recent results for random walk in random scenery (RWRS). On ${\Bbb Z}^{d},d\geq 1$, we are given a random walk with i.i.d. increments and a random scenery with i ...

We derive a perturbation expansion for general self-interacting random walks, where steps are made on the basis of the history of the path. Examples of models where this expansion applies are ...