Skip to content

It's not that stock prices are capricious. It's that the…

“It's not that stock prices are capricious. It's that the news is capricious.” quote by Burton Malkiel
Download Open image
“It's not that stock prices are capricious. It's that the news is capricious.”

Burton Malkiel

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Market movements reflect the volatility of information flow rather than inherent randomness of prices.

In simple terms: News drives price swings, not randomness.

Key Takeaway

Focus on information quality.

Themes

finance information volatility

Mood

cautious analytical

Type

advice analytical

When to use this quote

  • trading
  • investment decisions
  • risk assessment
  • media monitoring

Key Concepts

behavioral economics market efficiency

Questions to Reflect On

  • How do you filter news for investment?
  • What sources are most trustworthy?
A Different Perspective

If news is unreliable, price signals may mislead.

★ ★ ★ ★ ★ No ratings yet

More by Burton Malkiel

Explore all 16 Burton Malkiel quotes

More Capricious quotes

Browse all 124 Capricious quotes