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Random Walk Down Wall Street, A MP3 CD – Unabridged, August 4, 2015
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MP3 CD, Audiobook, MP3 Audio, Unabridged
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- Publisher : Recorded Books on Brilliance Audio; Unabridged edition (August 4, 2015)
- Language : English
- ISBN-10 : 1501260375
- ISBN-13 : 978-1501260377
- Item Weight : 3.5 ounces
- Dimensions : 6.5 x 0.63 x 5.5 inches
- Best Sellers Rank: #1,609,050 in Books (See Top 100 in Books)
- Customer Reviews:
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Top reviews from the United States
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Malkiel's advice seems almost old fashioned now, but when he first published this book, it was revolutionary. It was the first book for the non-professional investor that used modern portfolio theory to come up with a low-risk strategy for long term growth and security that any investor could follow. It debunked fads, and showed the wisdom of strategies that are now commonly accepted. He promoted mutual finds over individual stocks, and later, index funds over narrower investments. He demonstrated how investing for value outperformed growth over the long run, and told people why they should shift from equity investment to debt (bonds) as they grew older.
39 years after its first publication, this still remains the only book the average person needs to guide their investment strategy. You won't get rich quick following the advice here, but you'll grow your savings in a safe way, and make sure you can provide for yourself through the future.
The audiobook arrived in a timely manner and was in excellent condition.
The cd played well from my computer but would not transfer to my iPhone so I will listen to it in my car.
The narration was fine and the information is good.
This is not the latest edition. This edition is copyrighted 2007. The latest edition is copyrighted 2019.
I encourage you to purchase the latest edition.
While written nearly 40 yrs ago, the material is as relevant as ever. In fact, maybe even more relevant due to all of the static that is promulgated as investment "advice", that only serves to promote the "experts" own financial accumulation. The only agenda that Dr Malkiel has is the conveyance of solid investment knowledge.
Top reviews from other countries
Reviewed in Canada on November 17, 2016