Summary of Burton G. Malkiel's A Random Walk Down Wall Street

Excerpt From Summary of Burton G. Malkiel's A Random Walk Down Wall Street



#1



The book is a guide for the individual investor, covering everything from insurance to taxes. It will teach you how to buy life insurance and avoid getting ripped off by banks and brokers. It will also tell you what to do about gold and diamonds.



#2



A random walk is a term used to describe the stock market, in which short-term changes in stock prices are unpredictable.