One of the "few great investment books" ever written, with 2 million copies in print.

In times of increasing inequality and misinformation, Burton G. Malkiel's gimmick-free investment guide is more necessary than ever. Whether you're considering your first 401k contribution or contemplating retirement, the fully updated, 50th-anniversary edition of A Random Walk Down Wall Street offers invaluable guidance.Drawing on his experience as an economist, financial adviser, and successful investor, Malkiel shows why an individual who saves consistently over time and buys a diversified set of index funds can achieve above-average investment results. He provides critical analyses of cryptocurrencies, NFTs, and "meme stocks." Malkiel shows how to be a tax-smart investor and analyzes the recently popular investment management techniques, including factor investing, risk parity, and ESG portfolios.Investors of every age, experience level, and risk tolerance will find the step-by-step guidance they need to protect and grow their dollars. Malkiel's reassuring and vastly informative volume remains the best investment guide money can buy.

Autorentext
Burton G. Malkiel is the Chemical Bank Chairman's Professor of Economics Emeritus at Princeton University. He is a former member of the president's Council of Economic Advisers and dean of the Yale School of Management. He resides in New Jersey.

Klappentext

In a time of rampant misinformation about ways of growing your money, Burton G. Malkiel's gimmick-free investment guide is more necessary than ever. Whether you're considering making your first investment or contemplating retirement, the fully updated, fiftieth anniversary edition of A Random Walk Down Wall Street remains the best investment guide money can buy.

Drawing on his experience as an economist, financial adviser and successful investor, Malkiel shows why an individual who saves consistently over time and buys a diversified set of index funds can achieve above-average investment results. He addresses current investment fads and critically analyses cryptocurrencies, NFTs and meme stocks. Malkiel reveals how to be a tax smart investor and how to make sense of recently popular investment management techniques, including factor investing, risk parity and ESG portfolios.

Investors of every age, experience level and risk tolerance will find the step-by-step guidance they need to protect and grow their wealth.

Zusammenfassung
One of the few great investment books (Andrew Tobias) ever written, with two million copies in print