Author: Burton G. Malkiel
Publisher: W. W. Norton & Company
Year Printed: 2010
Edition: Tenth
Printing: First
Condition: New
Pages: 445
Height: 9.4 inches
Width: 6.5 inches
The best investment guide money can buy, with over 1.5 million copies sold, now fully revised and updated.
Especially in the wake of the financial meltdown, readers will hunger for Burton G. Malkiel’s 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 features new material on the Great Recession and the global credit crisis as well as an increased focus on the long-term potential of emerging markets. Malkiel also evaluates the full range of investment opportunities in today’s volatile markets, from stocks, bonds, and money markets to real estate investment trusts and insurance, home ownership, and tangible assets such as gold and collectibles. These comprehensive insights, along with the book’s classic life-cycle guide to investing, chart a course for anyone seeking a calm route through the turbulent waters of the financial markets.A Random Walk Down Wall Street by Burton G. Malkiel argues that stock prices move randomly and are unpredictable, challenging the idea that investors can consistently beat the market. Here’s a summary of its key points:
Malkiel’s core message is that markets are largely efficient, and the average investor is best served by a passive, low-cost, diversified strategy rather than chasing hot stocks or trends. The book blends academic rigor with accessible prose, using data and historical examples to support its case.
Source: Grok, April 27, 2025