Burton Malkiel Books
Burton Gordon Malkiel is an American economist and professor emeritus of economics at Princeton University. He is best known for his work on efficient market theory and for authoring A Random Walk Down Wall Street, a foundational text in personal finance and investment strategy.
Known for: A Random Walk Down Wall Street
Books by Burton Malkiel
A Random Walk Down Wall Street
A Random Walk Down Wall Street is a classic guide to investing that introduces the concept of the 'random walk' theory, which suggests that stock prices are unpredictable and that no investment strategy can consistently outperform market averages. Burton G. Malkiel explains various investment vehicles, from stocks and bonds to real estate and cryptocurrencies, and advocates for a long-term, diversified, and low-cost approach to building wealth through index funds.
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A History of Investing: Human Greed and Delusion
To understand today’s market frenzy, we must look back through history. Ever since the Dutch tulip mania of the seventeenth century, people have been ruled by collective emotions. Back then, investors were willing to risk everything for a single rare bulb, even knowing it was merely a flower. Then c...
From A Random Walk Down Wall Street
The Illusion of Technical Analysis
Wall Street is filled with technical analysts drawing charts and curves, claiming to uncover the secrets of future price movements. They talk about resistance and support levels, head-and-shoulders patterns, double bottoms, and golden crosses—as if every market fluctuation holds deep significance. Y...
From A Random Walk Down Wall Street
About Burton Malkiel
Burton Gordon Malkiel is an American economist and professor emeritus of economics at Princeton University. He is best known for his work on efficient market theory and for authoring A Random Walk Down Wall Street, a foundational text in personal finance and investment strategy.
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Burton Gordon Malkiel is an American economist and professor emeritus of economics at Princeton University. He is best known for his work on efficient market theory and for authoring A Random Walk Down Wall Street, a foundational text in personal finance and investment strategy.
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