Random Walk Down Wall Street, Burton G. Malkiel
Random Walk Down Wall Street, Burton G. Malkiel
35 Rating(s)
List: $29.99 | Sale: $21.00
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Random Walk Down Wall Street
A Time-Tested Strategy for Successful Investing (Eleventh Edition)

Author: Burton G. Malkiel

Narrator: George Guidall

Unabridged: 12 hr 13 min

Format: Digital Audiobook Download

Publisher: Recorded Books

Published: 06/26/2015


Synopsis

In a time of market volatility and economic uncertainty, when high-frequency traders and hedge fund managers seem to tower over the average investor, Burton G. Malkiel's classic and gimmick-free investment guide is now more necessary than ever. Rather than tricks, what you'll find here is a time-tested and thoroughly research-based strategy for your portfolio. Whether you're considering your first 401(k) contribution or contemplating retirement, this fully updated edition of A Random Walk Down Wall Street should be the first book on your reading list. In A Random Walk Down Wall Street you'll learn the basic terminology of "The Street" and how to navigate it with the help of a user-friendly, long-range investment strategy that really works. Drawing on his own varied experience as an economist, financial adviser, and successful investor, Malkiel shows why, despite recent advice to the contrary from so-called experts in the wake of the financial crisis, an individual who buys over time and holds a low-cost, internationally diversified index of securities is still likely to exceed the performance of portfolios carefully picked by professionals using sophisticated analytical techniques. In this new edition, Malkiel has provided valuable new material throughout the book on exchange-traded funds and investment opportunities in emerging markets, and in a brand-new, timely chapter, Malkiel authoritatively assesses the pitfalls and prospects of the latest investing trend, "smart beta." On top of all this, the book's classic life-cycle guide to investing, which tailors strategies to investors of any age, will help you plan confidently for the future. You'll learn how to analyze the potential returns, not only for basic stocks and bonds but for the full range of investment opportunitiesfrom money-market accounts and real estate investment trusts to insurance, home ownership, and tangible assets like gold and collectibles. Individual investors of every level of experience and risk tolerance will find throughout the book the critical facts and step-by-step guidance they need to protect and grow their hard-earned dollars. With the prevailing wisdom changing on an almost daily basis, Malkiel's reassuring and vastly informative volume remains the best investment guide money can buy.

Reviews

Goodreads review by emma on February 28, 2023

my dad made me read this. and i'm not going to retain any of it. this is fun and readable and way too much and i hated it. if you need to read a book about stocks and investing, this is, i'm sure, the exact best possible option based on both expertise and overall amusement, but i refuse to believe i n......more

Goodreads review by Luca on January 20, 2020

English (A Random Walk Down Wall Street) / Italiano A challenging walk around Wall Street, in different time periods that affected the American economy and consequently the World, in order to provide us the necessary elements to understand the main investment rules applied on the stock exchange. Burt......more

Goodreads review by Roy on September 06, 2016

Because I read so often, I sometimes think that once in a while I should read something that might materially benefit me. So when my brother gave me this book, I thought "why not?" and dove in. The first thing I noticed is that Malkiel is a surprisingly gifted writer. He is capable of telling a good......more

Goodreads review by William on September 26, 2024

Such a valuable book for anyone who invests in stocks or other assets. Here are the key takaways: ---index funds both minimize risk and, over time, yield great returns. Getting about ten percent annually on your money by indexing is a strong path for building wealth. ---avoid paying fees to advisors.......more

Goodreads review by Brice on August 28, 2020

Read in case I ever get an interview for a job in finance. How do I post goodreads updates on my LinkedIn?......more