A Random Walk Down Wall Street

NT $ 698
NT $ 628


Inatimeofmarketvolatilityandeconomicuncertainty,whenhigh-frequencytradersandhedgefundmanagersseemtotowerovertheaverageinvestor,BurtonG.Malkiel’sclassicandgimmick-freeinvestmentguideisnowmorenecessarythanever.Ratherthantricks,whatyou’llfindhereisatime-testedandthoroughlyresearch-basedstrategyforyourportfolio.Whetheryou’reconsideringyourfirst401(k)contributionorcontemplatingretirement,thisfullyupdatededitionofARandomWalkDownWallStreetshouldbethefirstbookonyourreadinglist.InARandomWalkDownWallStreetyou’lllearnthebasicterminologyof“TheStreet“andhowtonavigateitwiththehelpofauser-friendly,long-rangeinvestmentstrategythatreallyworks.Drawingonhisownvariedexperienceasaneconomist,financialadviser,andsuccessfulinvestor,Malkielshowswhy,despiterecentadvicetothecontraryfromso-calledexpertsinthewakeofthefinancialcrisis,anindividualwhobuysovertimeandholdsalow-cost,internationallydiversifiedindexofsecuritiesisstilllikelytoexceedtheperformanceofportfolioscarefullypickedbyprofessionalsusingsophisticatedanalyticaltechniques.Inthisnewedition,Malkielhasprovidedvaluablenewmaterialthroughoutthebookonexchange-tradedfundsandinvestmentopportunitiesinemergingmarkets,andinabrand-new,timelychapter,Malkielauthoritativelyassessesthepitfallsandprospectsofthelatestinvestingtrend,“smartbeta.“Ontopofallthis,thebook’sclassiclife-cycleguidetoinvesting,whichtailorsstrategiestoinvestorsofanyage,willhelpyouplanconfidentlyforthefuture.You’lllearnhowtoanalyzethepotentialreturns,notonlyforbasicstocksandbondsbutforthefullrangeofinvestmentopportunitiesfrommoney-marketaccountsandrealestateinvestmenttruststoinsurance,homeownership,andtangibleassetslikegoldandcollectibles.Individualinvestorsofeverylevelofexperienceandrisktolerancewillfindthroughoutthebookthecriticalfactsandstep-by-stepguidancetheyneedtoprotectandgrowtheirhard-earneddollars.Withtheprevailingwisdomchangingonanalmostdailybasis,Malkiel’sreassuringandvastlyinformativevolumeremainsthebestinvestmentguidemoneycanbuy.“


WALK NEW LONG