"Most people need insurance. Those with family obligations are downright negligent if they don’t purchase insurance. We risk death every time we get into our automobile or cross a busy street. A hurricane or fire could destroy our home and possessions. People need to protect themselves against the unpredictable."
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12. A Fitness Manual for Random Walkers and Other Investors
https://en.wikiquote.org/wiki/Burton_Malkiel
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Burton Malkiel
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