A Random Walk Down Wall Street: Including a Life-Cycle Guide to Personal Investing

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A Random Walk Down Wall Street: Including a Life-Cycle Guide to Personal Investing

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Skilled at puncturing financial bubbles and other Wall Street delusions, Burton Malkiel shows why a broad portfolio of stocks selected by chance will perform as well as one carefully chosen by the experts. Not for yuppies only, this enhanced edition of Malkiel's bestseller includes an update of his famous "A Life-Cycle Guide to Investing".It's unlikely that you'll spot many dog-eared copies of A Random Walk floating amongst the Wall Street set (although bookshelves at home may prove otherwise). After all, a "random walk"--in market terms--suggests that a "blindfolded monkey" would have as much luck selecting a portfolio as a pro. But Burton Malkiel's classic investment book is anything but random. Since stock prices cannot be predicted in t

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