Burton Malkiel is best known for his classic investment manual A Random Walk Down Wall Street. This book is shorter, written in plain English (there’s no investing jargon), and easy to understand. But that doesn’t mean it’s simplistic. This is an excellent book, filled with advice based on sound financial principles. It covers risk tolerance, asset allocation, diversification, and even a little behavioral finance. An excellent guide for beginners. [My review.]
Top 10 Personal Finance Books
The Random Walk Guide to Investing
Full List
Top 10 Financial Books
- The Total Money Makeover
- How to Get Out of Debt, Stay Out of Debt, and Live Prosperously
- Your Money or Your Life
- All Your Worth: The Ultimate Lifetime Money Plan
- I Will Teach You to Be Rich
- The Complete Tightwad Gazette
- The Random Walk Guide to Investing
- The Millionaire Next Door
- Why Smart People Make Big Money Mistakes (and How to Correct Them)
- Work Less, Live More: The Way to Semi-Retirement