Books by Burton G. Malkiel
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The most popular books by Burton G. Malkiel on 12min
A Random Walk Down Wall Street
Burton G. Malkiel
A succinct guide for the individual investor, “A Random Walk Down Wall Street” by Burton Malkiel covers everything from insurance to income taxes. Based on the efficient market hypothesis, it provocatively suggests that Wall Street experts are no better than individual investors, and advocates for buying and holding an index fund rather than attempting to buy and sell individual securities or actively managed mutual funds.
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