A Random Walk Down Wall Street - Burton Malkiel

A Random Walk Down Wall Street

One of the most important books ever written about investing. Drawing on decades of research and his experience as an economist, consultant, and investor, Burton G. Malkiel presents a timeless strategy that has consistently produced results for over 45 years.

In a clear and surprisingly simple way, the author debunks the great myths of Wall Street, explains why so many professionally managed funds fail to beat the market, and shows how an ordinary investor can achieve better results through rigorous planning, reduced costs, and a long-term vision. From stocks and bonds to index funds, real estate, and cryptocurrencies, Malkiel teaches how to analyze the value and potential return of different assets, understand the influence of interest rates, manage risks and taxes, and prevent fear, euphoria, and other emotions from dictating financial decisions. Because successful investing does not depend on luck, but on knowledge, patience, and a strategy capable of withstanding time and market turbulence.

It includes an investment guide adapted to different life stages, helping each reader to build a portfolio suited to their goals and to plan for the future with greater confidence.

Book Details

• Author: Burton Malkiel
• Publisher: Alma dos Livros
• Category: Management
• Number of pages: 408
• Cover: Paperback