Burton gordon malkiel born august 28 1932 is an american economist and writer most famous for his classic finance book a random walk down wall street first published 1973 in its 12th edition as of 2019.
A random walk down wall street by burton gordon malkiel.
A best book for investors pick by the wall street journal s weekend investor.
Taking a shrewd look at the high tech boom and its aftermath malkiel shows how to maximize gains and minimize losses in this era of electronic brokers virtual gurus and.
His book a random walk down wall street first published in 1973 used new research on asset returns and the performance of.
A random walk down wall street.
A random walk down wall street written by burton gordon malkiel a princeton economist is a book on the subject of stock markets which popularized the random walk hypothesis malkiel argues that asset prices typically exhibit signs of a random walk and that one cannot consistently outperform market averages the book is frequently cited by those in favor of the efficient market hypothesis.
In this new edition burton g.
Malkiel not more than half a dozen really good books about investing have been written in the past fifty years.
Burton gordon malkiel the chemical bank chairman s professor of economics has been a popular teacher of generations of princeton students and is responsible for a revolution in the field of investment management.
4 6 out of 5 stars 1 142.
The time tested strategy for successful investing eleventh edition burton g.
Skilled at puncturing financial bubbles and other delusions of the wall street crowd burton malkiel shows why a broad portfolio of stocks selected at random will match the performance of one carefully chosen by experts.
This one may well be the classics category forbes this is a detailed abstract of the book.
4 4 out of 5 stars 203.
Malkiel shows how to analyze the potential returns not only for.
A random walk down wall street is well established as a staple of the business shelf the first book any investor should read before taking the plunge and starting a portfolio.
With its life cycle guide to investing it matches the needs of investors at any age bracket.
A random walk down wall street long ago established itself as a must read the first book to purchase before starting a portfolio.
He is a leading proponent of the efficient market hypothesis which contends that prices of publicly traded assets reflect all publicly available information although he has also.
In a random walk down wall street you will discover how much fun it can be to beat the pros at their own game and learn a user friendly long range investment strategy that really works.
29 offers from 24 64.
So whether you want to brief yourself on the ways of the market before talking to a broker or follow malkiel s easy steps to managing your own portfolio this book remains the best investing guide money can buy.
A random walk down wall street the get rich slowly but surely book burton g.
Whether you re considering your first 401k contribution contemplating retirement or anywhere in between a random walk down wall street is the best investment guide money can buy.
Common sense on mutual funds.
The opinions in the abstract only reflect.
