capital's Malkiel:BG [2 articles]

Abstract

It's unlikely that you'll spot many dog-eared copies of <I>A Random Walk</I> 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 the short term, argues Malkiel, individual investors are better off buying and holding onto index funds than ...

Abstract

The million-copy bestseller, now fully up-to-date and ready for post-dot-com investors. <P>Using the dot-com crash as an object lesson in how not to manage your portfolio, here is the best-selling, gimmick-free, irreverent, and vastly informative guide to navigating the turbulence of the market and managing investments with confidence. <P><I>A Random Walk Down Wall Street</I> is well established as a staple of the business shelf, the first book any investor should read before taking the plunge and starting a portfolio. ...