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 Product Description: The million-copy bestseller, revised and updated with new investment strategies for retirement and the insights of behavioral finance.
Updated with a new chapter that draws on behavioral finance, the field that studies the psychology of investment decisions, here is the best-selling, authoritative, and gimmick-free guide to investing. Burton G. Malkiel evaluates the full range of investment opportunities from stocks, bonds, and money markets to real estate investment trusts and insurance, home ownership, and tangible assets such as gold and collectibles. This edition includes new strategies for rearranging your portfolio for retirement along with the book's classic life-cycle guide to investing, which matches the needs of investors in any age bracket. A Random Walk Down Wall Street long ago established itself as a must-read, the first book to purchase before starting a portfolio, and it remains the best investing guide money can buy. Customer Reviews: Rating:  Date: 2008-07-04 Should Have Listened Fantastic Book - full of common sense and ultmate truths. Read it in October 2007 when it was screaming at me "the market is in a bubble, get out!!" - unfortunately I listened but didnt act. Great book Rating:  Date: 2008-07-03 A convincingly definitive treatise on a hotly debated topic. This book lives up to its classic billing by delivering a rich array of data to support the authors arguments in an engrossing and entertaining style. The importance of really understanding the relevance of randomness to market action cannot be overemphasized. I truly appreciate the clarity and simplicity that this book has brought to my investing efforts. Rating:  Date: 2008-06-14 Long, interesting analysis of the markets Deep investing instruction. Not for the novice. Great peeks inside the inner workings of Wall Street; covers historical reviews of the efficiencies of the markets, as well as the glaring problems investors failed to recognize and had to endure; reviews of investment bubbles and manias. Some great technical and fundemental analysis offered.
What I took out of it was one section that happened to be what we all work on. Focus on how to break out of the same trading bad habits, and mastering a successful formula through time tested techniques (stop losses, selling in pieces, quickly reducing positions and re-evaluating losing positions, scaling into strong positions. You name it.
Rating:  Date: 2008-06-02 good, fun read, with lots of valuable insight. i'm a beginner in the field of personal investment and have been looking for a book to help me understand the basics of investment. i have found that in 'random walk'. it's fun to read as well as a well researched book. i am hoping it'll help me make some money :). Rating:  Date: 2008-05-20 Classic Book with Practical Insight. Good book for the average person with little time or interest in trading or investing. For those people the book makes sense. However, there are traders as found the book Market Wizards or those who use trading programs such RMC Q Trader that will beat the market. |