Today's stock market is not for the faint hearted. At a time of frightening volatility, the answer is to turn to Burton G. Malkiel's advice in his reassuring, authoritative, gimmick-free and perennially best-selling guide to investing. Long established as the first book to purchase before starting a portfolio, A Random Walk Down Wall Street now features new material on tax-loss harvesting ; the current bitcoin bubble and automated investment advisers; as well as a brand-new chapter on factor investing and risk parity. And as always, Malkiel's core insights-on stocks and bonds, as well as investment trusts, home ownership and tangible assets like gold and collectibles-along with the book's classic life-cycle guide to investing, will help restore confidence and composure to anyone seeking a calm route through today's financial markets.
Burton G. Malkiel is the Chemical Bank Chairman's Professor of Economics Emeritus at Princeton University. He is a former member of the Council of Economic Advisers and dean of the Yale School of Management, and resides in New Jersey.
Title: A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
Author: Burton G Malkiel
ISBN: 9780393358384
Binding:
Publisher: WW Norton & Co
Publication Date: 2020-03-03
Number of Pages: 480
Weight: 0.3561 kg
... the random walk hypothesis , popularised in economist Burton Malkiel's book A Random Walk Down Wall Street, is perhaps truer than we thought. -- The Observer
Do you want to do well in the stock market? Here's the best advice. Scrape together a few bucks and buy Burton Malkiel's book. Then take what's left and put it in an index fund. -- The Los Angeles Times
If one of your New Year's resolutions is to improve your personal finances, here's a suggestion: Instead of picking up one of the scores of new works flooding into bookstores, reread an old one: A Random Walk Down Wall Street. -- The New York Times
A useful introduction to investing with lots of common-sense advice. -- The Wall Street Journal
Not more than half a dozen really good books about investing have been written in the past fifty years. This one may well belong in the classics category. -- Forbes
An engagingly written and wonderfully argued tome. -- Money