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A review by kpender
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton G. Malkiel
4.0
3.5
I read the 50th anniversary edition after hearing the author speak on a podcast and hearing others talk about it being a book which was fundamental to their education. It is dry for sure at points and over my head - I skimmed those sections. I appreciated the chapter that talked about factor investing and risk parity strategies- the pros and cons of both. I also liked the sample portfolio which actually identified the index funds that he would use. The safe withdrawal discussion was a bit brief and conservative. Overall, a good mix of a technical, educational book and a practical guide!
I read the 50th anniversary edition after hearing the author speak on a podcast and hearing others talk about it being a book which was fundamental to their education. It is dry for sure at points and over my head - I skimmed those sections. I appreciated the chapter that talked about factor investing and risk parity strategies- the pros and cons of both. I also liked the sample portfolio which actually identified the index funds that he would use. The safe withdrawal discussion was a bit brief and conservative. Overall, a good mix of a technical, educational book and a practical guide!