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A Random Walk Down Wall Street, Completely Revised and Updated (50th Anniversary Edition)

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One of the “few great investment books” (Andrew Tobias) ever written, with two 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 necessary than ever. Whether you’re considering making your first investment or contemplating retirement, the fully updated, fiftieth anniversary edition of A Random Walk Down Wall Street remains the best 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 time and buys a diversified set of index funds can achieve above-average investment results. He addresses current investment fads and critically analyses cryptocurrencies, NFTs and meme stocks. Malkiel reveals how to be a tax smart investor and how to make sense of recently popular investment management techniques, including factor investing, risk parity and ESG portfolios.

Investors of every age, experience level and risk tolerance will find the step-by-step guidance they need to protect and grow their wealth.

Author: Malkiel Burton
Publisher: NORTON
Pages: 432
ISBN: 9781324051138
Cover: Hardback
Edition Number: 1
Release Year: 2023

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 and dean of the Yale School of Management. He resides in New Jersey.

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