Book Review — A Random Walk Down Wallstreet

My buddy Dave had this book listed in his top reads of 2006. I’m halfway through it and all I can say so far is —Why didn’t anyone tell me about this before!. Thank you Dave!

I’m reading the 8th edition. The 9th edition is coming out in 1Q07. A Random Walk Down WallStreet, Burton Malkiel

I specifically like the “holistic/balanced” discussion of “Stock Valuation” techniques from the 60’s to the 00’s. It includes Firm Foundation Theory, Castle’s in The Air Theory, Technical Analysis, Fundamental Analysis, Charting, etc. I’ve always had a tough time understanding the difference between Value & Growth portfolio’s. It is great to hear someone give a balanced view of all the strategies.

I’m hoping the 2nd half is a good as the first.

Advertisements

6 Responses to Book Review — A Random Walk Down Wallstreet

  1. Iain Verigin says:

    I’ve finished. The conclusions are analogous to serious golf tips, not sexy. Highly recommend this book.

  2. […] No one can predict the future. No one knows the “exact” path to success. For example, Burton Malkiel’s famous investment book “Random Walk Down Wallstreet” notes that Wall Street analysts can do a great job at crunching the “historical” […]

  3. […] take a page from the CPP (Globe & Mail) I’ve been “possessed” by “The Random Walk Down Wall Street” the past few months. In chapter 14 “A Life Cycle Guide To Investing” (2003 […]

  4. […] for 2006 (Rob Carrick) I’m still havin’ too much fun with Malkiel’s “Random Walk Down Wallstreet” and its “you can’t beat the market mantra”. Here is another supporting […]

  5. […] A Random Walk Down WallStreet – Burton Malkiel […]

  6. […] I’d review his book and I agreed. I’m guessing it was because I had posted a review of Burton Malkiel’s “A Random Walk Down Wall Street” earlier in the year. It’s interesting that both books “slam” Wall Street’s […]

%d bloggers like this: