A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Twelfth Edition) by Burton G. Malkiel
Description
The twelfth edition of Burton G. Malkiel’s “A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing” is a great reference guide and introduction to finance for novice investors who would want to expand their knowledge in the financial markets. “A Random Walk Down Wall Street” points readers toward author Malkiel’s direction with real-life events that back it up. “A Random Walk Down Wall Street” also expounds on investment bubbles, the difference between fundamental and technical analysis, modern portfolio theory, index funds, and more.
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
