Investing legend Burton Malkiel on day-trading millennials, the end of the 60/40 portfolio and more
June 22, 2020 at 13:25 PM EDT
The upheaval caused by the coronavirus may mean the end of the 60/40 portfolio, investing icon Burton Malkiel tells MarketWatch, but some other truths will likely endure. Investors are probably better off in passive portfolios, not chasing active managers - or even worse, day trading out of boredom.
