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A Random Walk Down Wall Street: Including a Life-Cycle Guide to Personal Investing Book by Burton Malkiel
A Random Walk Down Wall Street: Including a Life-Cycle Guide to Personal Investing Book by Burton Malkiel
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A Random Walk Down Wall Street by Burton Malkiel is a personal finance and investing guide that argues markets are mostly efficient and that stock prices move randomly. It advocates for long-term investing in low-cost index funds over trying to beat the market through stock picking or market timing.
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