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  • A Random Walk Down Wall Street, 12th Edition

  • The Time Tested Strategy for Successful Investing
  • Written by: Burton G. Malkiel
  • Narrated by: George Guidall
  • Length: 11 hrs and 42 mins
  • 4.6 out of 5 stars (76 ratings)

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A Random Walk Down Wall Street, 12th Edition cover art

A Random Walk Down Wall Street, 12th Edition

Written by: Burton G. Malkiel
Narrated by: George Guidall
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Publisher's Summary

The best investment guide money can buy, with more than 1.5 million copies sold, now fully revised and updated.

Today's stock market is not for the faint of heart. At a time of frightening volatility, what is the average investor to do? The answer: Turn to Burton G. Malkiel's advice in his reassuring, authoritative, gimmick-free, and perennially best-selling guide to investing. Long established as the first book to purchase before starting a portfolio or 401(k), A Random Walk Down Wall Street now features new material on "tax-loss harvesting", the crown jewel of tax management; the current bitcoin bubble; and automated investment advisers; as well as a brand-new chapter on factor investing and risk parity. 

And as always, Malkiel's core insights - on stocks and bonds, as well as real estate investment trusts, home ownership, and tangible assets like gold and collectibles - along with the book's classic life-cycle guide to investing, will help restore confidence and composure to anyone seeking a calm route through today's financial markets.

©2019 W.W. Norton & Company Inc. (P)2019 Recorded Books

What listeners say about A Random Walk Down Wall Street, 12th Edition

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The Best Ever

The best ever Book on investment that I have come across. Glad I listened to the entire Book.

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    4 out of 5 stars

Good all round book

History of stock mkt, references to bubbles around the world and across the length of time. Describes very well the manic depressive nature of stock mkts. But doesn't encourage to invest directly in stocks. In the end it preaches more of an index ETF investment philosophy. So unless you're looking for a secret sauce to invest directly in stocks go for it!

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best book

loved it ..must read for investors..just amazing. Story Telling at its best !index is the answer.

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very good book no hardcopy some chapters can be

very good book
no hardcopy
some chapters can be repeated.
very good book
no hardcopy
some chapters can be repeated.

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best personal finance book

best book for cavets of understanding personal finance. writer has done a great job of explaining what various types of assets and startegies can be adopted to be financially independent in long run

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one of the best personal finance books

one of the best personal finance books. The book reduces the urge to find extra ordinary returns and focus on things we can control, which can make a considerable difference in the long run.

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An Amazing journey down Investing

Burton G Malkiel starts from history of investing to investment strategies. This book should be considered as a Bible for investors. I really likes one pharse in the book " Investing is like love making, Ultimately it is an art requiring some talent and the presense of a serious force called LUCK". Thank you for this wonderful book.

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Must Read

This book clears all the concepts related to stock market in a fun and humourous way. It is a must read for anyone interested in investing (especially stock market).

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Excellent book and strategies explained

Must read book for every individual to have successful in managing fimacial goals at low risk and better returns

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Splendid investment advice

I would suggest this book as a starting point of an investment journey. Curiously, I hadn't heard about the book nor the author. Amazing content and the best part is it's still relevant after 50 years.
Great narration too.

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