A Random Walk Down Wall Street

The Best Investment Guide That Money Can Buy

By: Burton G. Malkiel

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Paperback | 8 March 2024 | Edition Number 13

At a Glance

Paperback
480 Pages

Edition Type
Revised

Dimensions(cm)
20.9 x 13.8 x 2.7

Paperback

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In a time of rampant misinformation about ways of growing your money, Burton G. Malkiel's gimmick-free investment guide is more necessary than ever. Whether you're considering your first 401k contribution or contemplating retirement, the fully updated, fiftieth anniversary edition of A Random Walk Down Wall Street remains the best investment guide money can buy.

Drawing on his experience as an economist, financial adviser, and successful investor, Malkiel shows why an individual who saves consistently over time and buys a diversified set of index funds can achieve above-average investment results. He addresses current investment fads and critically analyzes cryptocurrencies, NFTs, and meme stocks. Malkiel reveals how to be a tax smart investor and how to make sense of recently popular investment management techniques, including factor investing, risk parity, and ESG portfolios.

Investors of every age, experience level, and risk tolerance will find the step-by-step guidance they need to protect and grow their dollars.

Industry Reviews

"Talk to 10 money experts and you're likely to hear 10 recommendations for Burton Malkiel's classic investing book." -- The Wall Street Journal
"A Random Walk has set thousands of investors on a straight path since it was first published in 1973. Even if you read the book then or more recently, a refresher course is probably in order.... A lucid mix of the theoretical and the pragmatic." -- Chicago Tribune
"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
"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

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