One of the “few great investment books” (Andrew Tobias) ever written, with 2 million copies in print.
In a time of rampant misinformation about ways of growing your money, Burton G. Malkiel’s gimmick-free investment guide is more essential than ever. Whether you’re making an allowance for your first 401k contribution or contemplating retirement, the fully up to date, fiftieth anniversary edition of A Random Walk Down Wall Street remains the most productive investment guide money can buy.
Drawing on his experience as an economist, financial adviser, and successful investor, Malkiel shows why an individual who saves consistently over the years and buys a diversified set of index funds can achieve above-average investment results. He addresses current investment fads and critically analyzes cryptocurrencies, NFTs, and meme stocks. Malkiel reveals learn how to be a tax smart investor and learn how to make sense of recently popular investment management techniques, including factor making an investment, risk parity, and ESG portfolios.
Investors of all ages, experience level, and risk tolerance will find the step by step guidance they need to offer protection to and grow their dollars.