Burton G. Malkiel is the Chemical Bank Chairman's Professor of Economics Emeritus at Princeton University. He is a former member of the Council of Economic Advisers, dean of the Yale School of Management, and has served on the boards of several major corporations, including Vanguard and Prudential Financial. He is the chief investment officer of Wealthfront.
Do you want to do well in the stock market? Here's the best advice.
Scrape together a few bucks and buy Burton Malkiel's book. Then
take what's left and put it in an index fund.
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.
Not more than half a dozen really good books about investing have been written in the past fifty years. This one may well belong in the classics category.
An engagingly written and wonderfully argued tome.
A useful introduction to investing with lots of common-sense advice.