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A Macat Analysis of Burton G. Malkiel's A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
- By: Nick Burton
- Narrated by: Macat.com
- Length: 1 hr and 55 mins
Since it was first published in 1973, A Random Walk Down Wall Street has been a highly influential best seller. Burton G. Malkiel demolishes the idea that investment "experts" can predict stock price changes and thereby "beat the market." With all available information that could affect the value of a company's shares known almost instantly to all investors, Malkiel says, shares quickly find the price that reflects that information. This is known as the efficient market hypothesis.
- By Dein on 06-12-16
Downloaded by accident thinking it's "A Random Walk Down Wall Street". Decided to listen anyway. The most pointless book I've ever heard, wouldn't recommend. Great audio quality and voice performance though. These types of books should not be allowed on the market, they're just confusing listeners.
4 of 5 people found this review helpful