A Random Walk Down Wall Street, written by Burton G. Malkiel, is a classic finance book that explores the concept of efficient market hypothesis. Malkiel argues that it is impossible to consistently outperform the market and that a passive investment strategy, such as index fund investing, is the most reliable way to achieve long-term financial success. This book covers a wide range of investment topics, including stock picking, market timing, and asset allocation. A Random Walk Down Wall Street is a must-read for anyone looking to gain a solid understanding of investment strategies and make informed decisions in the stock market.
