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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
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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