Book Reviews

A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing

496 pages, Paperback from £13.12, Hardcover from £22 (Amazon) A recent report by the Chartered Financial Analyst Society (CFA UK) suggested that institutional investors need to heed the lessons of history more. Particularly the regular problems of “liquidity, investor psychology and regulatory failure” with the associated booms and busts. Well, they could do very well to begin their education by reading this book. First published in 1973, and regularly updated since, Professor Burton G. Malkiel is an academic at Princeton University who also ...
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