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A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
Synopses & Reviews
Updated with a new chapter that draws on behavioral finance, the field that studies the psychology of investment decisions, here is the best-selling, authoritative, and gimmick-free guide to investing. Burton Malkiel evaluates the full range of investment opportunities, from stocks, bonds, and money markets to real estate investment trusts and insurance, home ownership, and tangible assets such as gold and collectibles. This edition includes new strategies for rearranging your portfolio for retirement, along with the book"s classic life-cycle guide to investing, which matches the needs of investors in any age bracket. A Random Walk Down Wall Streetlong ago established itself as a must-read, the first book to purchase before starting a portfolio. 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.
The million-copy bestseller, now fully up-to-date and ready for post-dot-com investors. Using the dot-com crash as an object lesson in how not to manage your portfolio, here is the best-selling, gimmick-free, irreverent, and vastly informative guide to navigating the turbulence of the market and managing investments with confidence.
The million-copy bestseller, revised and updated with new investment strategies for retirement and the insights of behavioral finance.
Using the Dot-Com crash as an object lesson in how not to manage your portfolio, this is a gimmick-free, irreverent and informative guide to navigating the turbulence of the market and managing investments with confidence.
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. Malkiel shows how to analyze the potential returns, not only for stocks and bonds, but for the full range of investment opportunities, from money-market accounts and real estate investment trusts to insurance, home ownership, and tangible assets such as gold and collectibles. 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 books remains the best investing guide money can buy.
About the Author
Burton G. Malkielis the Chemical Bank Chairman's Professor of Economics at Princeton University.
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