October 22, 2009

Book Review

A Random Walk Down Wall Street by Burton Malkiel

This is a classic investment book. It gives a brief introduction to the major investing styles/theories and explains why the best bet for most people is to buy and hold (mostly index funds).

The book is separated into 4 parts:
  1. Stocks and their value
  2. How the Professionals operate
  3. New Investment Methods
  4. A Practical Guide
Even though this book provided me with no new insight, I believe this is a great book for anyone interested in learning about investing in the stock market.

The fact remains that buying and holding good companies over the long run works. The question is, what are the good companies? Why not just buy them all with an index fund!


No comments: