About This Book
A Random Walk Down Wall Street (1973) looks at the unpredictability of stock market prices, linking their movements to a “random walk.” It dispels the generally accepted belief in discernible market patterns, suggesting that consistent gains are not a product of easily-chartered trends.
Who Should Read This?
- Aspiring investors
- Stock market analysts
- Economists interested in financial market patterns
About the Author
Economist Burton G. Malkiel is especially known for his engagement with the volatility of stock markets.