Comments on: Review: A Random Walk Down Wall Street http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/ Financial talk for the rest of us Sat, 16 Feb 2013 01:14:45 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: sayjack http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-843134 sayjack Mon, 11 Jan 2010 06:28:40 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-843134 I read this book a while back and it has shaped the way I invest. I just recently found this post and love reading it because Trent does such a great job at summarizing the main points. Also, if the ideas are so fundamental and basic, then why are they not required reading in high school? I think young people could greatly benefit from reading this book at an early age.

]]> By: TDK http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-243262 TDK Thu, 17 Apr 2008 17:01:36 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-243262 Thanks for your detailed review of Malkiel’s “Random Walk down Wall Street”. I am doing a book report on this book for a graduate finance class, and your review helps to reinforce the ideas I also took from the book.

]]> By: Allan http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-144175 Allan Sat, 29 Dec 2007 17:55:30 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-144175 I am a real believer in this book. I read this book when I majored in economics in college (we used the 1975 update). I have used the concepts from this book ever since, both professionally (I have spent most of my life managing investments for pension funds/life insurance companies)and personally.

I am always shocked at how much crap is available to mislead investors and just how little most professionals (my peers included) know about the fundamentals of investing.

Take one piece of advice from me: read this book and treat it like the bible and regard everthing else with great suspicion.

]]> By: hibryd http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-18872 hibryd Tue, 17 Apr 2007 18:14:57 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-18872 One day I will write Mr. Malkiel a thank-you letter. When I was finally out of college (and thinking that maybe not *all* of my surplus money should be paying off my student loans) I decided to dive into investing. My parents knew nothing. No high school or college class ever covered the subject. The book shelves were flooded with utter crap (“Rich Dad Poor Dad”) and advertisements for mutual funds were all over the place. I had no idea what to do or where to go. Thank god the first book I ever picked up was “Random Walk Guide to Investing.”

While that volume could have used some more careful editing, it basically took a huge load of worry off my shoulders by saying “Investing is easy, it’s simple, and you don’t need outside help. In fact, ignore anyone trying to ‘help’ you. They want a cut.” Three years later, well, I don’t have a ton of money saved up, but I’m doing a lot better than anyone I know of in my age range, and probably better than my boomer parents.

]]> By: js http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-18027 js Sat, 14 Apr 2007 01:44:04 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-18027 I currently have that book on loan from the library. It’s a good book, a very mainstream approach to investing, made very understandable.

]]> By: lorax http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-18019 lorax Sat, 14 Apr 2007 00:25:41 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-18019 A Random Walk Down Wall Street is one of my favorite financial books. I haven’t read the new edition yet, but I’m curious about the take on the post 2003 rise in the grand scheme of things.

Suggestions for other book reviews: _Irrational Exuberance_, _Unconventional Success_, _The Intelligent Asset Allocator_, and _Risk Free Investing_. (I think you did a Bogle book already, right?)

]]> By: TOK http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-18000 TOK Fri, 13 Apr 2007 21:56:08 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-18000 Trent, I just finished this book last night and uit is one of my favorites. I read an older version a few years back. This is a great investment book for all levels of investors. I hold most of my assets in index funds but I do hold a few individual stocks as well. I like your one stop book review format as well. Keep up the good work!

]]> By: Rebecca http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-17997 Rebecca Fri, 13 Apr 2007 21:46:00 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-17997 Saved the best for last. Even aside from the new format, which is great, the information was so concise that it is worthy in and of itself. I do plan to get the book, but I am e-mailing this post to everyone I know who is interested in investing.

You have a real gift for summary, Trent, choosing the most important info and relating it in an interesting, easy to understand manner. I hope you succeed in making a living by writing, because you certainly have a talent for it. Since you also happen to enjoy research and writing, I’d say it was a perfect match. Best of luck with everything and thank you very much for a truly excellent post. One of your best, for sure.

]]> By: Trent http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-17971 Trent Fri, 13 Apr 2007 18:39:41 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-17971 JAK: Over time, I’m going to go back and combine the older reviews into a single post like this for easier reference for my readers.

]]> By: JAK http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-17960 JAK Fri, 13 Apr 2007 17:50:05 +0000 http://www.thesimpledollar.com/2007/04/13/review-a-random-walk-down-wall-street/#comment-17960 I dig this new format of book review. Thanks.

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