The updated 12^th edition of A Random Walk down Wall Street helps you pick a portfolio that will out-earn so called ‘performance portfolios’ over time.

What does this book cover?                     

This is a difficult time for investors all over the world. Markets are extremely volatile, and economies all over the world are experiencing unprecedented uncertainty. Investors will lose money, and you need to find a strategy which helps you be one of the wones who doesn’t.

A Random Walk Down Wall Street will give you that, of course. What the book really provides, though, is:

• A research-based portfolio management strategy that goes beyond stacks and bonds
• A guide to Wall Street terminology and meanings
• Meaningful advice for long term investors
• A deep understanding of exchange-traded funds
• Advice on investing in diverse developing and international markets
• A critique of the ‘smart beta’ investment strategy

About the Author                                                                                         

Burton Malkiel is a well known economist, and has written best selling books like A Random Walk Down Wall Street, as well as a key champion of efficient-market thinking. He teaches economics at Princeton University, where he earned his PhD in 1964.

This book is an important resource for investors who want to build real value, rather than following the latest fad algorithm.