A Random Walk Down Wall Street

A Random Walk Down Wall Street

andreyma Books Reviews

Review A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing



Burton G. Malkiel’s “A Random Walk Down Wall Street” gives readers tried and tested strategies that have been thoroughly researched and proved to be successful. If you are a novice or experienced investor, “A Random Walk Down Wall Street” is a must-read for those who have always dreamt of retiring early. With the invaluable insight provided in an easy-to-understand format, this reference guide mainly delves into long-term trading strategies that work most of the time. In addition, it also comes with basic terminology often used in Wall Street and how things work in order to keep you in the loop of investing. 

Featuring investment-management techniques such as factor investing and risk parity, “A Random Walk Down Wall Street,” is considered a classic among many and a great starting point for anyone who wants to pursue a successful career in investing.

About the Author

Burton G. Malkiel is the Chemical Bank Chairman’s Professor of Economics at Princeton University. His books include “From Wall Street to the Great Wall,” “Naked Economics,” “The Random Walk Guide to Investing,” and the mega-bestseller “A Random Walk Down Wall Street.”

Table of Contents

  • Preface
  • Acknowledgements from Earlier Editions
    • Part One: Stocks and their Value
  • Firm Foundations and Castles in the Air
  • The Madness of Crowds
  • Speculative Bubbles from the Sixties into the Nineties
  • The Explosive Bubbles of the Early 2000s
    • Part Two: How the Pros play the Biggest Game in Town
  • Technical and Fundamental Analysis
  • Technical Analysis and the Random-Walk Theory
  • How Good is Fundamental Analysis? The Efficient-Market Hypothesis
    • Part Three: The New Investment Technology
  • A New Walking Shoe: Modern Portfolio Theory
  • Reaping Reward by Increasing Risk
  • Behavioral Finance
  • New Methods of Portfolio Construction: Smart Beta and Risk Party
    • Part Four: A Practical Guide for Random Walkers and Other Investors
  • A Fitness Manual for Random Walkers and Other Investors
  • Handicapping the Financial Race: A Primer in Understanding and Projecting Returns from Stocks and Bonds
  • A Life-Cycle Guide to Investing
  • Three Giant Steps Down Wall Street
    • Epilogue
    • Index