A Random Walk Down Wall Street by Burton G. Malkiel
The Time-Tested Strategy for Successful Investing
This insightful guide delves into the complexities of the stock market, advocating for the efficient market hypothesis, which suggests that stock prices reflect all available information and thus cannot be consistently outperformed. It emphasizes the importance of a diversified portfolio and long-term investment strategies over attempting to time the market. The book demystifies various investment strategies, from technical analysis to fundamental analysis, and underscores the value of low-cost index funds for individual investors seeking to maximize returns while minimizing risk.
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- Published
- 1973
- Nationality
- American
- Length
- Moderate
- Pages
- 400-500
- Original Language
- English
- Avg User Rating
-
(3.8)
- Alternate Titles
- None
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