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A Random Walk Down Wall Street

Burton G. Malkiel

A Random Walk Down Wall Street

by Burton G. Malkiel

A Random Walk Down Wall Street

Burton G. Malkiel

5 min
3 key insights
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A Random Walk Down Wall Street is a time-honored yet modern guide to personal investing without the need for expensive money managers.

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A Random Walk Down Wall Street

by Burton G. Malkiel

A Random Walk Down Wall Street

Burton G. Malkiel

Overview

In the last 50 years, the options for parking your hard-earned cash have multiplied to a dizzying degree. But despite the old truism, you can actually beat the market if you're patient, and you can even do it on your own.

Burton G. Malkiel is a Princeton University economist and author who's served on the White House Council of Economic Advisers. Having published the first edition of this book in 1973, Malkiel now returns to help readers navigate the new economy. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing blends a brief history of capital markets with Malkiel's no-nonsense practical tips on investing confidently on your own, no matter your situation.

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Favorite Quote

"It is not hard to make money in the market. What is hard to avoid is the alluring temptation to throw your money away on short, get-rich-quick speculative binges. It is an obvious lesson, but one frequently ignored."

Burton G. Malkiel

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A Random Walk Down Wall Street

Burton G. Malkiel

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