| Description |
461 pages : illustrations ; 25 cm |
| Contents |
Pt. 1. Stocks and Their Value. 1. Firm Foundations and Castles in the Air. 2. The Madness of Crowds. 3. Stock Valuation from the Sixties through the Nineties. 4. The Firm-Foundation Theory of Stock Prices -- Pt. 2. How the Pros Play the Biggest Game in Town. 5. Technical and Fundamental Analysis. 6. Technical Analysis and the Random-Walk Theory. 7. How Good Is Fundamental Analysis? -- Pt. 3. The New Investment Technology. 8. A New Walking Shoe: Modern Portfolio Theory. 9. Reaping Reward by Increasing Risk. 10. The Assault on the Random-Walk Theory: Is the Market Predictable after All? -- Pt. 4. A Practical Guide for Random Walkers and Other Investors. 11. A Fitness Manual for Random Walkers. 12. Handicapping the Financial Race: A Primer in Understanding and Projecting Returns from Stocks and Bonds. 13. A Life-Cycle Guide to Investing. 14. Three Giant Steps Down Wall Street -- A Random Walker's Address Book and Reference Guide to Mutual Funds |
| Summary |
In A Random Walk Down Wall Street you will discover how much fun it can be to beat the pros at their own game - and learn a user-friendly, long-range investment strategy that really works. Skilled in the ways of Wall Street, Malkiel shows why a broad portfolio of stocks selected at random will match or exceed the performance of stocks carefully picked by professionals using sophisticated analytical techniques. This latest edition includes an update of Malkiel's invaluable "life-cycle guide to investing," showing how to match an investment strategy to each stage of your life |
| Notes |
Previous ed.: 1996 |
| Bibliography |
Includes bibliographical references (pages [429]-443) and index |
| Subject |
Investments.
|
|
Random walks (Mathematics)
|
|
Stocks.
|
| Author |
Malkiel, Burton Gordon.
Random walk down Wall Street
|
| LC no. |
98050671 |
| ISBN |
0393047814 |
|
0393320405 (paperback) |
|
