A Random Walk Down Wall Street: The Best Investment Guide That Money Can Buy

Classic text - every bookshelf should have this.

I'm in finance, and really enjoyed it.

This book is the best book you can have on long term investing. Reading this book has helped me understanding what the real investment is.

Great book and the price is better than that in high street.

It's very well structured and you'll learn a lot to manage your money.

This is a reasonably easy read, and most of it makes a good deal of sense. It promotes that individuals will usually be best served by accumulating their wealth through regular investment into indexed products. It justifies this approach by analysing all the other common approaches - technical & fundamental analysis, smart beta, risk parity & ESG investing, and compares the results of each approach over time. It also gives specific age-related advice for portfolio construction, but this assumes the investor is a US citizen so is much less useful to a UK reader. Where I think the book is really weak is that it does not analyse in any detail the dreadful year of 2022 when nearly all investors were down. Indeed, in Chapter 8 when discussing diversification, it states that Bonds were a good place to hide in the Great Financial Crash of 2008-9, yet doesn't mention at all the fact that bonds were not the place to hide in 2022. It is almost as if they don't want to spoil their diversification theory with the most recent and un-supporting evidence.

Big crease down front of cover. Bought as a gift so unimpressed.

Such a thorough and comprehensive coverage of stock market and bond investment! Burton Malkiel's tone and style was quite a pleasure to read.

Really great book to start learning about finances and wall street, i finished it in a week! Would recommend to anyone, great price too!

Good read

Un indispensable pour lutter contre l’analphabétisme financier, une compétence que les écoles n’ont pas offerte et n’offrent toujours pas aux jeunes

Consiglio di acquistare questa versione, cioè la più recente, perchè il tema trattato è in continua evoluzione. **Ecco una rapida sintesi dei punti di forza e di debolezza del libro: Punti di forza: Scrittura chiara e concisa: Malkiel presenta concetti finanziari complessi in modo comprensibile, rendendo il libro accessibile a un pubblico ampio. Approccio basato sui dati: il libro si basa su dati storici e ricerche per supportare i suoi argomenti principali. Principi senza tempo: il messaggio centrale di investire in fondi indicizzati a basso costo rimane rilevante nonostante le fluttuazioni del mercato. Affronta le tendenze contemporanee: l'edizione aggiornata esplora gli sviluppi recenti nel mondo degli investimenti. Debolezze: Discussione limitata sull'investimento attivo: pur riconoscendone l'esistenza, il libro si concentra principalmente su strategie passive. Potrebbe non essere adatto a investitori avanzati: l'attenzione del libro sulla semplicità potrebbe non soddisfare coloro che cercano analisi approfondite. Nel complesso, A Random Walk Down Wall Street rimane una risorsa preziosa per chiunque sia interessato a sondare le profondità del mondo degli investimenti. La saggezza e la guida chiara di Malkiel rendono questo libro un must per gli investitori principianti e intermedi che cercano di costruire una solida base finanziaria.