A Random Walk Down Wall Street
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A Random Walk Down Wall Street

Burton G. Malkiel

The Time-Tested Strategy for Successful Investing

★ 3.9 (122 Ratings) ◷ 5 Minutes ☰ 2 Sections ◉ Text + audio
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About this content

A Random Walk Down Wall Street (1973) looks at the unpredictability of stock market prices, linking their movements to a “random walk.” It dispels the generally accepted belief in discernible market patterns, suggesting that consistent gains are not a product of easily-chartered trends.

About the author

Economist Burton G. Malkiel is especially known for his engagement with the volatility of stock markets.

Who might enjoy this content?

  • Aspiring investors
  • Stock market analysts
  • Economists interested in financial market patterns

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