Most investment decisions, says Burton Malkiel, are reached with the aid of rearview mirrors. This book is for people who are looking ahead to the inflationary eighties and wondering how to invest wisely. Drawing on important new findings about inflation and corporate profits, on the revolution in investment technology, and his own analysis of price levels in the stock market, Malkiek will show you why common stocks are the best possible hedge against inflation in the decade ahead.
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