At the time, it did a superb job of summarizing the research and explaining its implications for the average investor in a manner that was accessible and understandable for the non-academic. Princeton University economist Malkiel has written the sixth edition of his classic (LJ 9/15/73). Technicians with all their charts cannot do so, nor can fundamentalists with all their ratios. Written for the financial layperson but bolstered by 30 years of research, A Random Walk will help individual investors take charge of their financial future. Noté /5: Achetez A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing de Malkiel, Burton G.: ISBN: 9780393352245 sur amazon.fr, des millions de livres livrés chez vous en 1 … Gives sound advice to those who are able to invest or are thinking of trading. Your recently viewed items and featured recommendations, Select the department you want to search in, A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Twelfth Edition). In the tenth edition of A Random Walk down Wall Street, Malkiel evaluates and emphatically stands by his original investment thesis, that it is extremely rare for an individual investor to consistently beat the stock-market averages. Excellent livre sur l'investissement et la compréhension du marché financier. Livraison accélérée gratuite sur des millions d’articles, et bien plus. There was a problem loading your book clubs. A Best Book For Investors Pick by the Wall Street Journal’s “Weekend Investor”. Cannot praise this enough. Buy A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing: A Time-tested Strategy for Successful Investing 9th Revised edition by Malkiel, Burton G (ISBN: 9780393062458) from Amazon's Book Store. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. --Mary Whaley I am a beginning investor, and with so much information out there Im sure you could do well learning on your own. In this new edition, Burton G. Malkiel shares authoritative insights spanning the full range of investment opportunities—including valuable new material on cryptocurrencies like bitcoin, and “tax-loss … The last part of the book is an extremely useful "practical guide" covering various aspects of an investor's financial life such as insurance and home ownership. In this new edition, Burton G. Malkiel shares authoritative insights spanning the full range of investment opportunities—including valuable new material on cryptocurrencies like bitcoin, and “tax-loss harvesting”—to help you chart a calm course through the turbulent waters of today’s financial markets. I hope to continue to learn more and become successful at trading stocks. Unable to add item to List. Before reaching this conclusion, Malkiel walks the reader through other useless theories with gentle humor and an abundance of tables and charts. Discussing cash, gold, property and collectibles as well as fixed-interest securities and equities, Professor Malkiel's book tells you everything that you need to know in order to put his investment philosophy into practice, including how to tweak your asset mix according to your age, your appetite and capacity for risk and how the markets are fluctuating. And of course, no personal computers. Good read but do not expect in-depth knowledge. Reviewed in the United States on September 5, 2012. With commentary on numerous investment issues, this readable investment guide for individuals offers information on the full range of new investment products available, the results of current research by academics and other marketplace professionals, and a section on investment strategies for retired investors or those anticipating retirement. Before reaching this conclusion, Malkiel walks the reader through other useless theories with gentle humor and an abundance of tables and charts. The term "random walk" refers to the impossibility of predicting tomorrow's stock prices today. Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free. It is an easy read and I find it very interesting. La commande 1-Click n'est pas disponible pour cet article. This new edition features fresh material on exchange-traded funds and investment opportunities in emerging markets; a brand-new chapter on "smart beta" funds, the newest marketing gimmick of the investment management industry; and a new supplement that tackles the increasingly complex world of derivatives. With a new supplement that … The random walk is essentially the same as the "efficient market" theory-all new information is immediately reflected in stock prices, so the average investor can't beat the market. Technicians with all their charts cannot do so, nor can fundamentalists with all their ratios. Read with the free Kindle apps (available on iOS, Android, PC & Mac), Kindle E-readers and on Fire Tablet devices. Pour sortir de ce carrousel, utilisez votre touche de raccourci d'en-tête pour accéder à l'en-tête suivant ou précédent. Forbes. At the time, it did a superb job of summarizing the research and explaining its implications for the average investor in a manner that was accessible and understandable for the non-academic. It's dense reading however, but if you want a thorough run down on everything, and how to invest sensibly for the long term, then this is great. Please try again. There are tips in here that I would not even think of on my own. Reviewed in the United Kingdom on July 1, 2020, Reviewed in the United Kingdom on December 31, 2014. Wished I read it years ago. The last part of the book is an extremely useful "practical guide" covering various aspects of an investor's financial life such as insurance and home ownership. © 1996-2020, Amazon.com, Inc. ou ses filiales. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. However, I was finding Shiller's course to be lacking in its abbreviated form and needed some additional reading to aid in my understanding. Cette fonction d'achat continuera à charger des articles lorsque la touche Entrée est enfoncée. Recommended for public libraries. A good foundational book for investing. Someone told me to read this if you are unfamiliar with the stock industry and want to learn more. And of course, no personal computers. Please try again. The 13-digit and 10-digit formats both work. Whether you’re considering your first 401k contribution, contemplating retirement, or anywhere in between, A Random Walk Down Wall Street is the best investment guide money can buy. Please try again. © AudioFile 2009, Portland, Maine Most investors aim to outperform their peers. (A 30-year-old who can depend on wages to offset investment losses has a different risk capacity from a 60-year-old.) The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. In order to navigate out of this carousel please use your heading shortcut key to navigate to the next or previous heading. The Efficient Market Hypothesis which it expounds was in its infancy. This excellent book offers important information for individual investors and is a valuable resource for library patrons.