<p/><br></br><p><b> About the Book </b></p></br></br>With the prevailing wisdom changing on an almost daily basis, Burton G. Malkiel's reassuring and vastly informative volume remains the best investment guide money can buy.<p/><br></br><p><b> Book Synopsis </b></p></br></br><p>In a time of increasing inequality, when high-frequency traders and hedge-fund managers seem to tower over the average investor, Burton G. Malkiel's classic and gimmick-free investment guide is now more necessary than ever. Rather than tricks, what you'll find here is a time-tested and thoroughly research-based strategy for your portfolio. Whether you're considering your first 401k contribution or contemplating retirement, this fully-updated edition of <em>A Random Walk Down Wall Street</em> should be the first book on your reading list.</p><p>In <em>A Random Walk Down Wall Street</em> you'll learn the basic terminology of the Street and how to navigate it with the help of a user-friendly, long-range investment strategy that really works. Drawing on his own varied experience as an economist, financial adviser, and successful investor, Malkiel shows why an individual who buys over time and holds a low-cost, internationally diversified index of securities is still likely to exceed the performance of portfolios carefully picked by professionals using sophisticated analytical techniques. In this new edition, Malkiel provides a brand-new section on the recent bubble in cryptocurrencies like Bitcoin, as well as valuable new material on "tax-loss harvesting"--the crown jewel of tax management. He also presents a critical analysis of two recently popular investment-management techniques: factor investing and risk parity.</p><p>On top of all this, the book's classic lifecycle guide to investing, which tailors strategies to investors of any age, will help you plan confidently for the future. You'll learn how to analyze the potential returns, not only for basic stocks and bonds but for the full range of investment opportunities--from money market accounts and real estate investment trusts to insurance, home ownership, and tangible assets like gold and collectibles. Individual investors of every level of experience and risk tolerance will find throughout the book the critical facts and step-by-step guidance they need to protect and grow their hard-earned dollars.</p><p/><br></br><p><b> Review Quotes </b></p></br></br><br>A useful introduction to investing with lots of common-sense advice.-- "Wall Street Journal"<br><br>An engagingly written and wonderfully argued tome.-- "Money"<br><br>Do you want to do well in the stock market? Here's the best advice. Scrape together a few bucks and buy Burton Malkiel's book. Then take what's left and put it in an index fund.-- "Los Angeles Times"<br><br>If one of your New Year's resolutions is to improve your personal finances, here's a suggestion: Instead of picking up one of the scores of new works flooding into bookstores, reread an old one: <em>A Random Walk Down Wall Street</em>.-- "New York Times"<br><br>Imagine getting a week-long lesson on investing from someone with the common sense of Benjamin Franklin, the academic and institutional knowledge of Milton Friedman and the practical experience of Warren Buffett. That's about what awaits you in the latest edition of this must-read by Burton Malkiel.-- "Barron's"<br><br>Not more than half a dozen really good books about investing have been written in the past fifty years. This one may well belong in the classics category.-- "Forbes"<br>
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