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

( 27 )
Pick Up In Store

Pick Up in Store

Reserve and pick up in 60 minutes at your local store

Paperback (Tenth Edition)
$17.46
BN.com price
$18.95 List Price (Save 8%)
Marketplace (New and Used)
from
$11.49
$18.95 List Price (Save 39%)
Usually ships in 1-2 business days
All (31)  
Used (8)  
New (23)  
Close
Sort by
Page 1 of 4
Showing 1 – 10 of 31 (4 pages)
$11.49
(Save 39%)
SuperBookDeals-
Seller since 2008

Feedback rating:

(14101)

Condition:

New — never opened or used in original packaging.

Like New — packaging may have been opened. A "Like New" item is suitable to give as a gift.

Very Good — may have minor signs of wear on packaging but item works perfectly and has no damage.

Good — item is in good condition but packaging may have signs of shelf wear/aging or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Acceptable — item is in working order but may show signs of wear such as scratches or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Used — An item that has been opened and may show signs of wear. All specific defects should be noted in the Comments section associated with each item.

Refurbished — A used item that has been renewed or updated and verified to be in proper working condition. Not necessarily completed by the original manufacturer.

New
Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.

Ships from: South Bend, IN

Usually ships in 1-2 business days

  • •Canadian
  • •International
  • •Standard, 48 States
  • •Standard (AK, HI)
$11.50
(Save 39%)
indoo
Seller since 2007

Feedback rating:

(21684)

Condition: New
BRAND NEW

Ships from: Avenel, NJ

Usually ships in 1-2 business days

  • •Canadian
  • •International
  • •Standard, 48 States
  • •Standard (AK, HI)
$11.52
(Save 39%)
PaperbackshopUS
Seller since 2009

Feedback rating:

(4793)

Condition: New
Shipped from US in 4 to 14 business days. Established seller since 2000

Ships from: Aurora, IL

Usually ships in 1-2 business days

  • •Standard, 48 States
  • •Standard (AK, HI)
$11.70
(Save 38%)
PaperbackshopUS
Seller since 2009

Feedback rating:

(4793)

Condition: New
This item will be shipped from our warehouse in Chicago.

Ships from: Aurora, IL

Usually ships in 1-2 business days

  • •Standard, 48 States
  • •Standard (AK, HI)
$11.75
(Save 38%)
books_Xpress
Seller since 2012

Feedback rating:

(970)

Condition: New
BRAND NEW - 100% GUARANTEED! Fast shipping

Ships from: Bayonne, NJ

Usually ships in 1-2 business days

  • •Standard, 48 States
  • •Standard (AK, HI)
$12.77
(Save 33%)
MovieMars-Books
Seller since 2011

Feedback rating:

(285)

Condition: New
"BRAND NEW. 30 Day Satisfaction Guarantee. Quick International Airmail!"

Ships from: Indian Trail, NC

Usually ships in 1-2 business days

  • •International
  • •Standard, 48 States
  • •Standard (AK, HI)
$12.85
(Save 32%)
BargainBookStores
Seller since 2010

Feedback rating:

(7941)

Condition: New
BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!

Ships from: Grand Rapids, MI

Usually ships in 1-2 business days

  • •Canadian
  • •International
  • •Standard, 48 States
  • •Standard (AK, HI)
  • •Express, 48 States
  • •Express (AK, HI)
$14.09
(Save 26%)
source media
Seller since 2012

Feedback rating:

(189)

Condition: Like New
Money back if not happy.

Ships from: Hialeah, FL

Usually ships in 1-2 business days

  • •Standard, 48 States
$14.15
(Save 25%)
Bookbyte-OR
Seller since 2002

Feedback rating:

(10216)

Condition: Like New
Almost new condition. SKU:9780393340747-2-0

Ships from: Salem, OR

Usually ships in 1-2 business days

  • •Canadian
  • •International
  • •Standard, 48 States
  • •Standard (AK, HI)
  • •Express, 48 States
  • •Express (AK, HI)
$14.28
(Save 25%)
source media
Seller since 2012

Feedback rating:

(189)

Condition: New
Brand New. Money back if not happy.

Ships from: Hialeah, FL

Usually ships in 1-2 business days

  • •Standard, 48 States
Page 1 of 4
Showing 1 – 10 of 31 (4 pages)
Close
Sort by
NOOK Book (eBook - Tenth Edition)
$16.47
BN.com price
$29.95 List Price (Save 45%)

Available on NOOK devices and apps

  • Nook Devices
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for iPad
  • NOOK for iPhone
  • NOOK for Android
  • NOOK for Android (Tablet)
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK Study
  • NOOK for PC
  • NOOK for Mac

Want a NOOK? Explore Now

More About This Book

Overview

Especially in the wake of the financial meltdown, readers will hunger for Burton G. Malkiel’s reassuring, authoritative, gimmick-free, and perennially best-selling guide to investing. With 1.5 million copies sold, A Random Walk Down Wall Street has long been established as the first book to purchase when starting a portfolio. In addition to covering the full range of investment opportunities, the book features new material on the Great Recession and the global credit crisis as well as an increased focus on the long-term potential of emerging markets. With a new supplement that tackles the increasingly complex world of derivatives, along with the book’s classic life-cycle guide to investing, A Random Walk Down Wall Street remains the best investment guide money can buy.

Editorial Reviews

Publishers Weekly
The eternal truth of this updated investment classic, originally published in 1973, is simple: you can't beat the market. Well, technically, you can beat the market, but not profitably, because the transaction costs of your brilliant trading will eat up the extra returns. You can also beat the market by pure luck-but you can't deliberately beat the market, because you can't predict future stock prices. You can't predict them by divining Wall Street's crowd psychology; or by charting trends in stock prices; or by doing lots of research on companies' business prospects. You can't predict them from hemlines (though there's been "some evidence" for correlation between skirt length and market prices in the past, Malkiel poo-poos future possibilities) or Super Bowl winners (this, he says, makes "no sense"). In fact, according to the efficient market theory, which states that all knowable information about a stock's value is already reflected in its share price, you can't predict them at all. Malkiel, a Princeton economist and professional investor, backs it all up with statistics, charts and studies, and gives an entertaining review of the sorry history of market bubbles, panics and delusions of omniscience, from the Dutch tulip craze to the Beardstown Ladies. This edition looks at new wrinkles (it seems you can't beat the market by buying companies with ".com" in the name), and provides a lucid overview of novel investment vehicles. Standing by his notorious claim that "a blindfolded chimpanzee throwing darts" at the NYSE listings could pick stocks as well as the Wall Street pros, Malkiel advises investors to "buy and hold" a diversified portfolio heavy on index funds that passively mirror the market, which usually out-perform actively managed funds. His witty, acerbic style and persuasive arguments will delight readers but, alas, leave Wall Street unmoved. (Apr.) Copyright 2003 Reed Business Information.
Library Journal
Updating a classic to keep your investing fresh. Copyright 2006 Reed Business Information.

Product Details

  • ISBN-13: 9780393340747
  • Publisher: Norton, W. W. & Company, Inc.
  • Publication date: 1/2/2012
  • Edition description: Tenth Edition
  • Edition number: 10
  • Pages: 496
  • Sales rank: 807
  • Product dimensions: 8.20 (w) x 5.60 (h) x 1.30 (d)

Meet the Author

Burton G. Malkiel is the Chemical Bank Chairman's Professor of Economics at Princeton University. He is a former member of the Council of Economic Advisers and has served on the boards of several major corporations.

Table of Contents

Preface 15
Acknowledgments from Earlier Editions 19
Pt. 1 Stocks and Their Value
1 Firm Foundations and Castles in the Air 23
2 The Madness of Crowds 34
3 Stock Valuation from the Sixties through the Nineties 52
4 The Biggest Bubble of All: Surfing on the Internet 82
5 The Firm-Foundation Theory of Stock Prices 105
Pt. 2 How the Pros Play the Biggest Game in Town
6 Technical and Fundamental Analysis 125
7 Technical Analysis and the Random-Walk Theory 145
8 How Good Is Fundamental Analysis? 171
Pt. 3 The New Investment Technology
9 A New Walking Shoe: Modern Portfolio Theory 203
10 Reaping Reward by Increasing Risk 222
11 Potshots at the Efficient-Market Theory and Why They Miss 242
Pt. 4 A Practical Guide for Random Walkers and Other Investors
12 A Fitness Manual for Random Walkers 277
13 Handicapping the Financial Race: A Primer in Understanding and Projecting Returns from Stocks and Bonds 314
14 A Life-Cycle Guide to Investing 333
15 Three Giant Steps Down Wall Street 354
A Random Walker's Address Book and Reference Guide to Mutual Funds 387
Index 397

Customer Reviews

Average Rating 4
( 27 )

Rating Distribution

5 Star

(14)

4 Star

(6)

3 Star

(2)

2 Star

(3)

1 Star

(2)

Your Rating:

Review Guidelines
Add Recommendations
Your Name: Create a Pen Name or Leave Anonymously

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identiy on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

We're sorry, but penname is already taken.

Please select one of the following:
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

penname is available!

By visiting the BN.com website or marking a purchase on BN.com, a User is deemed to have accepted the Terms of Use.

Continue Anonymously

Welcome, penname

You have successfully created your Pen Name. Start enjoying the benefits of the BN.com Community today.

See All Sort by: Showing 1 – 20 of 27 Customer Reviews

  • Anonymous

    Posted October 15, 2003

    Packed with Knowledge!

    The first edition of Bernard Malkiel¿s A Random Walk Down Wall Street appeared in 1973, a few years after the twentieth century¿s first big computer technology bubble, the go-go era, popped. This, the newest and eighth edition, appears after the popping of the dot.com bubble, the last of the twentieth century¿s great computer technology bubbles. Investors burned in the first bubble could have been excused; after all, they didn¿t have Malkiel¿s book. But it¿s astounding how avidly Internet speculators threw aside all that Malkiel and others had taught them. This book belongs on every investor¿s bookshelf, and ought to be consulted, or at least touched to the forehead, before any investment decision. Most investment books aren¿t trustworthy, because their authors are salespeople who are really making a pitch instead of trying to inform you. Malkiel is disinterested. He is a teacher with the intellectual discipline of a true financial economist, and yet he writes as vividly as a good journalist. We recommend this classic: all you need to know about the market is between its covers.

    2 out of 3 people found this review helpful.

    Was this review helpful? Yes  NoThank you for your feedback.   Report this reviewThank you, this review has been flagged.

  • Anonymous

    Posted June 5, 2003

    A Classic Investment Book

    This book is a solid introduction to investment. It makes a strong case that the best investment strategy is simply to buy index funds.

    2 out of 3 people found this review helpful.

    Was this review helpful? Yes  NoThank you for your feedback.   Report this reviewThank you, this review has been flagged.

  • Posted February 11, 2012

    Don't Ignore The Classics. This is why they are.

    This book representa the one constant in an ever changing world of diversity and speculation in investments. Our investment decisions are becoming increasingly affected by diverse cultural points of view, rapidly changing technolgy trends, limited resources, and new investment vehicles. For readers looking for traditional guidance in value investing, this book presents the fundamentals and for that reason is highly recommended for both new and veteran investors, especially those who have lost money despite their best investment attempts. Be advised that value in the context of this book does not mean cheap, but rather, improving the odds to minimize risk for long term growth. This is the book for traditionalists and ones that would be so.

    Was this review helpful? Yes  NoThank you for your feedback.   Report this reviewThank you, this review has been flagged.

  • Posted December 12, 2011

    Excellent and entertaining guide to simple investing.

    The author states his investment advice in succinct terms in the first chapter, then uses the rest of the book to explain how he came to that conclusion and the history of investing. Entertaining and useful.

    Was this review helpful? Yes  NoThank you for your feedback.   Report this reviewThank you, this review has been flagged.

  • Anonymous

    Posted March 12, 2009

    No text was provided for this review.

  • Anonymous

    Posted February 22, 2011

    No text was provided for this review.

  • Anonymous

    Posted October 14, 2011

    No text was provided for this review.

  • Anonymous

    Posted January 29, 2011

    No text was provided for this review.

  • Anonymous

    Posted November 19, 2011

    No text was provided for this review.

  • Anonymous

    Posted January 25, 2011

    No text was provided for this review.

  • Anonymous

    Posted January 13, 2011

    No text was provided for this review.

  • Anonymous

    Posted January 18, 2009

    No text was provided for this review.

  • Anonymous

    Posted April 16, 2011

    No text was provided for this review.

  • Anonymous

    Posted July 9, 2011

    No text was provided for this review.

  • Anonymous

    Posted March 19, 2011

    No text was provided for this review.

  • Anonymous

    Posted November 21, 2011

    No text was provided for this review.

  • Anonymous

    Posted December 1, 2008

    No text was provided for this review.

  • Anonymous

    Posted May 17, 2011

    No text was provided for this review.

  • Anonymous

    Posted October 5, 2009

    No text was provided for this review.

  • Anonymous

    Posted January 14, 2011

    No text was provided for this review.

See All Sort by: Showing 1 – 20 of 27 Customer Reviews
If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)
500 character limit