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Random Walk Down Wall Street (Rev 11 - Old Edition)by Burton G. Malkiel
Synopses & ReviewsPlease note that used books may not include additional media (study guides, CDs, DVDs, solutions manuals, etc.) as described in the publisher comments.
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.
Book News Annotation:
Malkeil (economics, Princeton U. and former director of the Vanguard Group) reviews the record of a variety of investment techniques and concludes that buying over time and holding a low-cost, internationally diversified index of securities results in the best performance. Highly readable and geared towards the individual investor, the text includes recommendations based on age and risk-tolerance. First published in 1973, this revised edition (the tenth) includes a new focus on opportunities for long-term returns in emerging markets as well as a new chapter describing behavioral finance. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)
The best investment guide money can buy, with over 1.5 million copies sold, now fully revised and updated.
The million-copy bestseller, revised and updated with new investment strategies for retirement and the insights of behavioral finance.
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, 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.
About the Author
Burton G. Malkielis the Chemical Bank Chairman's Professor of Economics at Princeton University.
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