A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Tenth Edition)

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W. W. Norton & Company, Jan 2, 2012 - Business & Economics - 489 pages
2 Reviews

One of the "few great investment books" (Andrew Tobias) ever written.

A Wall Street Journal Weekend Investor "Best Books for Investors" Pick

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. With 1.5 million copies sold, A Random Walk Down Wall Street has long been established as the first book to purchase when starting a portfolio. In addition to covering the full range of investment opportunities, the book 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. With a new supplement that tackles the increasingly complex world of derivatives, along with the book’s classic life-cycle guide to investing, A Random Walk Down Wall Street remains the best investment guide money can buy.
 

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The best book!

User Review  - anitasb - Overstock.com

We make this a recommended reading to MBA students and to all our friends who do not have a good understanding of financial markets. This book is definitely EXCELLENT. Read full review

A random walk down Wall Street: the time-tested strategy for successful investing

User Review  - Not Available - Book Verdict

Why would anyone want to invest in the stock market today? Malkiel (economics, Princeton) was trying to answer that very question when he first published this book in 1973. Over the years, the work ... Read full review

Contents

Preface
17
1
25
2
37
13
52
3
56
4
80
5
111
6
138
What Are the Lessons for Investors from Behavioral Finance?
258
Does Behavioral Finance Teach Ways to Beat the Market?
266
Part Four
301
A PRIMER
340
The Age of Angst
348
THREE GIANT STEPS DOWN WALL STREET
389
Potentially Useful StockPicking
402
The Morningstar MutualFund Information Service
409

7
163
8
195
9
215
A Summing Up
232
The Irrational Behavior of Individual Investors
238
Behavioral Finance and Savings
252
Some Last Reflections on Our Walk
415
What Determines Prices in the Futures
454
A Random Walkers Address Book and Reference Guide to Mutual
463
Index
471
Copyright

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About the author (2012)

Burton G. Malkiel is the Chemical Bank Chairman's Professor of Economics Emeritus at Princeton University. He is a former member of the Council of Economic Advisers, dean of the Yale School of Management, and has served on the boards of several major corporations, including Vanguard and Prudential Financial. He is the chief investment officer of Wealthfront.

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