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  • A Random Walk Down Wall Street, 12th Edition

  • The Time Tested Strategy for Successful Investing
  • By: Burton G. Malkiel
  • Narrated by: George Guidall
  • Length: 11 hrs and 42 mins
  • 4.7 out of 5 stars (251 ratings)
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A Random Walk Down Wall Street, 12th Edition cover art

A Random Walk Down Wall Street, 12th Edition

By: Burton G. Malkiel
Narrated by: George Guidall
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Summary

The best investment guide money can buy, with more than 1.5 million copies sold, now fully revised and updated.

Today's stock market is not for the faint of heart. At a time of frightening volatility, what is the average investor to do? The answer: Turn to Burton G. Malkiel's advice in his reassuring, authoritative, gimmick-free, and perennially best-selling guide to investing. Long established as the first book to purchase before starting a portfolio or 401(k), A Random Walk Down Wall Street now features new material on "tax-loss harvesting", the crown jewel of tax management; the current bitcoin bubble; and automated investment advisers; as well as a brand-new chapter on factor investing and risk parity. 

And as always, Malkiel's core insights - on stocks and bonds, as well as real estate investment trusts, home ownership, and tangible assets like gold and collectibles - along with the book's classic life-cycle guide to investing, will help restore confidence and composure to anyone seeking a calm route through today's financial markets.

©2019 W.W. Norton & Company Inc. (P)2019 Recorded Books

What listeners say about A Random Walk Down Wall Street, 12th Edition

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Enhancing financial education

Well written and honest book on personal finance . Everything you need to know about the market and investment

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Timeless wisdom

One of those books that you should read every few years. More technical and in-depth than some of the other great ones.

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good introductory book on investing

This book provides a very strong foundational knowledge about investing in the stock market.
this is not get rich quick insights but rather sensible advice on how to grow your investments in a safe reliable way to provide for one's retirement.

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Had some compelling arguments on investing

This books main theme is supporting index investing and not to try too much in stock picking. Alot of it makes sense specially how the author presented his recommendations with historical data.
Good narration by George Guidall.

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An excellent book for investors of all types.

An interesting, well-argued, and inspiring book. I recommend any investor, but particularly interested beginners, read this evidently timeless read.

JC

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Great introduction for the newbie

A very in depth, but still accessible guide for those new to investing. Makes his point strongly, but always backs this up with research and offers advice on how to reduce risk, if you don't want to follow the main advice on offer.

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Superb overview

A must read (listen), content is excellent and narrator easy to listen to on audible

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An invaluable insight into the past, present and probable future of investing. a huge resource for the retail investor.

A brilliant analysis of what past events and activities have shaped the markets of today. An in-depth look at how retail investors mindsets work..for better or for worse, and invaluable insights and actionable ideas into how to benefit from passive investing through ETF's.

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an eye-opener

I thought I was going to get a book regarding tips and tricks of manipulating the stock market. Instead I'm pleasantly surprised to learn how to make returns just as good as playing the markets but without the heartache headache.

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Listened again and it is still fresh

I have read an ealier edition many years ago. Listened again the latest edition now and enjoyed it. It included some recent events and actualities and the book is still a very valid and good read for anyone dealing with investments, so practically for everyone.

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