Do you want to do well in the stock market? Here's the best advice. Scrape together a few bucks and buy Burton Malkiel's book. Then take what's left and put it in an index fund. "
If one of your New Year's resolutions is to improve your personal finances, here's a suggestion: Instead of picking up one of the scores of new works flooding into bookstores, reread an old one: A Random Walk Down Wall Street. "
A useful introduction to investing with lots of common-sense advice. "
A must-read for any investor. "
Talk to 10 money experts and you re likely to hear 10 recommendations for Burton Malkiel s classic investing book."
A Random Walk has set thousands of investors on a straight path . A lucid mix of the theoretical and the pragmatic. "
A must-read for any investor.
Imagine getting a week-long lesson on investing from someone with the common sense of Benjamin Franklin, the academic and institutional knowledge of Milton Friedman and the practical experience of Warren Buffett. That s about what awaits you in the latest edition of this must-read by Burton Malkiel."
Not more than half a dozen really good books about investing have been written in the past fifty years. This one may well belong in the classics category.
An engagingly written and wonderfully argued tome.
About the Author
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.