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A Random Walk Down Wall Street Book Summary By Burton G. Malkiel The Time-Tested Strategy for

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If ever there was a book that successfully kept up with the changing dynamics of the financial market, it was A Random Walk Down Wall Street. As a best-selling investment classic in the world for nearly 40 years, this book is characterized by keeping pace with the times and continuously updating its editions. Since its publication in 1973, it has been updated 10 times. This book can help both professional investors and senior citizens about to retire develop appropriate investment strategies. In addition to serving these groups, the book has become a common reference book for MBA investment courses throughout the United States.

Burton G. Malkiel, an outstanding professional investment manager, is a highly regarded scholar with profound accolades. He received his Ph.D. from Princeton University and later served as director of the Bendheim Center for Finance and chair of the Economics Department at Princeton University. Malkiel was also a member of the Council of Economic Advisers and was dean of the Yale Business School for eight years. In addition to these impressive titles, he has been on the board of several large, well-known companies. He also is known to have held on to his favorite investments for 30 years, making above-market profits.