"Timeless Investment Lessons and Some Timely Ones Too" by Dr. Burton Malkiel.
Dr. Malkiel is the author of the widely read investment book, A Random Walk Down Wall Street, and is the Chemical Bank Chairmanís Professor of Economics Emeritus and senior economist at Princeton University. His presentation will first describe several timeless investment lessons that can improve the performance of individual investors. These include dollar cost averaging, diversification and rebalancing, and minimizing investment costs. The advantages of indexing are examined and supporting data through December 2011 will be presented. He will also discuss two timely investment strategies for investors in 2012. First he will consider appropriate bond market strategy for an age of "financial repression." Second, he will examine the advantages of ensuring that emerging market equities and bonds are well represented in a diversified portfolio. Sponsored by the Center for Women and Financial Independence in celebration of ten years of financial education for the Smith community. A reception will follow the presentation. For additional information, visit www.smith.edu/wfi or call 585-3653.