A Random Walk Down Wall Street: Including a Life-Cycle Guide to Personal Investing

Among the best books on decision making, A Random Walk Down Wall Street is a classic guide that combines history, economics, market theory, and behavioral finance to provide practical and actionable advice for investing and achieving financial independence. Malkiel's main message is unequivocal: start a consistent savings plan as soon as possible and invest the majority of your portfolio in low-cost, broad-based index funds.

You will learn about the following topics:

• How to Make Smart Investment Decisions
• Modern portfolio theory is one of the three primary investing theories.
• People are plagued by common biases.
• The Influence of Incentives
• What to do in an uncertain future

Princeton University's Chemical Bank Chairman's Professor of Economics is Burton G. Malkiel. "From Wall Street to the Great Wall," "Naked Economics," "The Random Walk Guide to Investing," and the mega-bestseller "A Random Walk Down Wall Street" are among his books.

Author: Burton Gordon Malkiel

Link to buy: https://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393038882/