Summary of Burton G. Malkiel’s A Random Walk Down Wall Street

Summary of Burton G. Malkiel’s A Random Walk Down Wall Street first published in 1973 and as of 2015 is in its eleventh edition. Despite numerous market shifts and technological developments since 1973, Malkiel asserts that the investment strategy laid out in the first edition of the book holds true: the best way to earn money in the stock market is to buy and hold a diversified and balanced portfolio of index funds.