This is an investement guide for the 1990s. An entirely new chapter has been added, "A life cycle guide to personal investing", which shows how individuals can tailor their financial objectives to their particular incomes at any age and how a mix of saving and investment plans will provide funds when needed and for the years beyond retirement. Another new chapter takes up the techniques that turn the odds of success significantly in favour of the individual investor, while debunking premature claims of the death of the random walk theory. In addition, Burton Malkiel explains the new financial instruments that increase the options for either short-or long-run gains.
"synopsis" may belong to another edition of this title.
Imagine getting a week-long lesson on investing from someone with the common sense of Benjamin Franklin, the academic and institutional knowledge of Milton Friedman and the practical experience of Warren Buffett. That's about what awaits you in the latest edition of this must-read by Burton Malkiel.
Revised Edition.
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