Book Review: A Random Walk Down Wall Street by Burton MalkielRead More »
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Book Review: A Random Walk Down Wall Street by Burton Malkiel
Views: 443 “A Random Walk Down Wall Street” is a classic book on investing by Burton Malkiel. First published in 1973, the book has been updated and revised several times and is still widely regarded as a must-read for anyone interested in investing. Malkiel’s main argument is that the stock market is efficient and that it is impossible to consistently outperform the market through stock picking or market timing. He argues that investors should instead focus on building a diversified portfolio of low-cost index funds or exchange-traded funds (ETFs) that track broad market indices. The book covers a range of …
