A Random Walk Down Wall Street by Burton G. Malkiel audiobook

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

By Burton G. Malkiel
Read by George Guidall

Recorded Books, Inc.

Unabridged

Format : Library CD (In Stock)
  • ISBN: 9781664443198

  • ISBN: 9781664551022

Runtime: 12.23 Hours
Category: Nonfiction/Business & Economics
Audience: Adult
Language: English

Summary

Summary

One of the "few great investment books" (Andrew Tobias) ever written. A Wall Street Journal Weekend Investor "Best Books for Investors" Pick In a time of market volatility and economic uncertainty, when high-frequency traders and hedge fund managers seem to tower over the average investor, Burton G. Malkiel's classic and gimmick-free investment guide is now more necessary than ever. Rather than tricks, what you'll find here is a time-tested and thoroughly research-based strategy for your portfolio. Whether you're considering your first 401(k) contribution or contemplating retirement, this fully updated edition of A Random Walk Down Wall Street should be the first book on your reading list. In A Random Walk Down Wall Street you'll learn the basic terminology of "The Street" and how to navigate it with the help of a user-friendly, long-range investment strategy that really works. Drawing on his own varied experience as an economist, financial adviser, and successful investor, Malkiel shows why, despite recent advice to the contrary from so-called experts in the wake of the financial crisis, an individual who buys over time and holds a low-cost, internationally diversified index of securities is still likely to exceed the performance of portfolios carefully picked by professionals using sophisticated analytical techniques. In this new edition, Malkiel has provided valuable new material throughout the book on exchange-traded funds and investment opportunities in emerging markets, and in a brand-new, timely chapter, Malkiel authoritatively assesses the pitfalls and prospects of the latest investing trend, "smart beta." On top of all this, the book's classic life-cycle guide to investing, which tailors strategies to investors of any age, will help you plan confidently for the future. You'll learn how to analyze the potential returns, not only for basic stocks and bonds but for the full range of investment opportunities-from money-market accounts and real estate investment trusts to insurance, home ownership, and tangible assets like gold and collectibles. Individual investors of every level of experience and risk tolerance will find throughout the book the critical facts and step-by-step guidance they need to protect and grow their hard-earned dollars. With the prevailing wisdom changing on an almost daily basis, Malkiel's reassuring and vastly informative volume remains the best investment guide money can buy.

Editorial Reviews

Editorial Reviews

A Random Walk has set thousands of investors on a straight path…A lucid mix of the theoretical and the pragmatic.” Chicago Tribune

Reviews

Reviews

Author

Author Bio: Burton G. Malkiel

Author Bio: Burton G. Malkiel

Burton G. Malkiel is the Chemical Bank Chairman’s Professor of Economics at Princeton University and the author of the bestselling A Random Walk down Wall Street. Malkiel has served on the President’s Council of Economic Advisers, as Dean of the Yale School of Management, as Chair of Princeton’s Economics Department, and as a director of major corporations.

Titles by Author

Details

Details

Available Formats : CD, Library CD
Category: Nonfiction/Business & Economics
Runtime: 12.23
Audience: Adult
Language: English