A Random Walk Down Wall Street: The Best Investment Guide That Money Can Buy
About this product
“A must-read for any investor.”― Browser
One of the “few great investment books” (Andrew Tobias) ever written, with 2 million copies in print. In a time of rampant misinformation about ways of growing your money, Burton G. Malkiel’s gimmick-free investment guide is more necessary than ever. Whether you’re considering your first 401k contribution or contemplating retirement, the fully updated, fiftieth anniversary edition of A Random Walk Down Wall Street remains the best investment guide money can buy. Drawing on his experience as an economist, financial adviser, and successful investor, Malkiel shows why an individual who saves consistently over time and buys a diversified set of index funds can achieve above-average investment results. He addresses current investment fads and critically analyzes cryptocurrencies, NFTs, and meme stocks. Malkiel reveals how to be a tax smart investor and how to make sense of recently popular investment management techniques, including factor investing, risk parity, and ESG portfolios. Investors of every age, experience level, and risk tolerance will find the step-by-step guidance they need to protect and grow their dollars. Read more
Editor's Take
Amazon reviewers say this book is very well explained, detailed, educational, and informative, with clear investing advice and good historical examples. Many also describe it as easy to understand, interesting, and useful for beginners, though one recurring critique is that some editions can feel a bit dated or overly long in places.
On Goodreads, the overall reaction is strongly positive, with many readers calling it a classic and a valuable resource, while some reviewers push back on the book's efficient-market viewpoint or its tone. On Reddit, users generally describe it as an excellent introduction to investing and a worthwhile read for people who want a solid foundation in long-term strategy.
Review blogs echo the same pattern: the book is praised for clarity, breadth, and timeless investing principles, especially index-fund investing and market history, while a few reviewers note that newcomers may find some terminology or sections challenging. Overall, the product is widely viewed as a foundational personal-finance book rather than a flashy or trendy one.
Price History
Specifications
| Topic | Investing |
Product Details
| Publisher | W. W. Norton & Company |
| Publication date | January 2, 2024 |
| Edition | 13th |
| Language | English |
| Print length | 480 pages |
| ISBN-10 | 1324035439 |
| ISBN-13 | 978-1324035435 |
| Item Weight | 12.9 ounces |
| Dimensions | 5.5 x 1.2 x 8.3 inches |
| Best Sellers Rank | #4,052 in Books ( See Top 100 in Books ) #2 in Business Investments #7 in Retirement Planning (Books) #17 in Budgeting & Money Management (Books) |
| Customer Reviews | 4.7 4.7 out of 5 stars (796) |
