A Random Walk Down Wall Street : The Time-Tested Strategy for Successful Investing (Eleventh Edition)
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4.5 • 34 Ratings
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- $19.99
Publisher Description
One of the "few great investment books" (Andrew Tobias) ever written. A Wall Street Journal Weekend Investor "Best Books for Investors" Pick In a time of market volatility and economic uncertainty, when high-frequency traders and hedge fund managers seem to tower over the average investor, Burton G. Malkiel's classic and gimmick-free investment guide is now more necessary than ever. Rather than tricks, what you'll find here is a time-tested and thoroughly research-based strategy for your portfolio. Whether you're considering your first 401(k) contribution or contemplating retirement, this fully updated edition of A Random Walk Down Wall Street should be the first book on your reading list. In A Random Walk Down Wall Street you'll learn the basic terminology of "The Street" and how to navigate it with the help of a user-friendly, long-range investment strategy that really works. Drawing on his own varied experience as an economist, financial adviser, and successful investor, Malkiel shows why, despite recent advice to the contrary from so-called experts in the wake of the financial crisis, an individual who buys over time and holds a low-cost, internationally diversified index of securities is still likely to exceed the performance of portfolios carefully picked by professionals using sophisticated analytical techniques. In this new edition, Malkiel has provided valuable new material throughout the book on exchange-traded funds and investment opportunities in emerging markets, and in a brand-new, timely chapter, Malkiel authoritatively assesses the pitfalls and prospects of the latest investing trend, "smart beta." On top of all this, the book's classic life-cycle guide to investing, which tailors strategies to investors of any age, will help you plan confidently for the future. You'll learn how to analyze the potential returns, not only for basic 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 like gold and collectibles. Individual investors of every level of experience and risk tolerance will find throughout the book the critical facts and step-by-step guidance they need to protect and grow their hard-earned dollars. With the prevailing wisdom changing on an almost daily basis, Malkiel's reassuring and vastly informative volume remains the best investment guide money can buy.
Customer Reviews
Info is good , but narration could be better
Simply put, I believe that I am gaining a lot from reading this book. I think it is chalk full of information that is relevant for the Esson flows of trading even today. However, the narrator has a tone that can sometimes be difficult to latch onto . And while he reads at a pace that is acceptable to the ears to follow, There is minimal “life” in my opinion added to the text. I feel as I’m listening to someone more so give a speech on what’s going on and what to look for in the markets. And it’s one of the speeches that you are just waiting for it to be over, and not fully engaged in the speaker. I am big on taking notes so that is helping me retain the information the speaker gives , but I think there should’ve been a more lively voice, especially when talking about this subject. Because it can be a lot to follow and needs that little lift to help the reader really grasp and get excited about what’s going on.