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A Random Walk Down Wall Street: The Best Investment Guide That Money Can Buy, Completely Revised and Updated
Audio CD
Published September 3, 2024
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Displaying 1 - 2 of 2 reviews
December 20, 2025
Timeless Wisdom for a New Era (50th Anniversary Edition)
Fifty years later, Burton Malkiel’s core message remains the gold standard: the most effective way to build wealth is through a boring, low-cost, and diversified index fund strategy.
The Good: This 13th edition is a fantastic practical application of Modern Portfolio Theory (MPT). Malkiel updates his "random walk" to address modern trends like Crypto, NFTs, and ESG investing, debunking them with the same data-driven skepticism he used for the 1970s Nifty Fifty. It is arguably the best "get-rich-slowly" manual ever written.
The Reality: While the new chapters provide great context for today's volatile market, the book’s central thesis hasn't changed. As the author himself proves, the keys to success—diversification, low fees, and rebalancing—can be summarized on a single page.
Verdict: A must-read for beginners and a great "sanity check" for experienced investors. It’s a long walk to reach a simple destination, but the journey is worth it to truly internalize why "doing nothing" is often the best investment strategy.
Fifty years later, Burton Malkiel’s core message remains the gold standard: the most effective way to build wealth is through a boring, low-cost, and diversified index fund strategy.
The Good: This 13th edition is a fantastic practical application of Modern Portfolio Theory (MPT). Malkiel updates his "random walk" to address modern trends like Crypto, NFTs, and ESG investing, debunking them with the same data-driven skepticism he used for the 1970s Nifty Fifty. It is arguably the best "get-rich-slowly" manual ever written.
The Reality: While the new chapters provide great context for today's volatile market, the book’s central thesis hasn't changed. As the author himself proves, the keys to success—diversification, low fees, and rebalancing—can be summarized on a single page.
Verdict: A must-read for beginners and a great "sanity check" for experienced investors. It’s a long walk to reach a simple destination, but the journey is worth it to truly internalize why "doing nothing" is often the best investment strategy.
December 10, 2025
A must read book. Amazing info will pave your way to financial freedom.
Displaying 1 - 2 of 2 reviews