Economist, financial executive and writer best known for A Random Walk Down Wall Street.
Princeton University
WealthfrontVanguard
A Random Walk Down Wall Street, now in its thirteenth edition after fifty years, is the primary popular source for the index-fund case.
10 books of their own · 3 articles · 17 appearances
Stock prices follow a random walk, so a low-cost index fund beats stock picking.
Recommended by: Nat Eliason, Mohnish Pabrai
Save early, index, diversify, cut costs, rebalance: investing rules in 100 pages.
The Term Structure of Interest Rates: Expectations and Behavior Patterns | – | 1966 | T4 | – |
Strategies and Rational Decisions in the Securities Options Market | – | 1969 | T4 | – |
A Random Walk Down Wall Street | Stock prices follow a random walk, so a low-cost index fund beats stock picking. | 1973 | T1 | Nat Eliason, Mohnish Pabrai |
| The Inflation-Beater's Investment Guide | – | 1980 | – | |
| Winning Investment Strategies | – | 1982 | – | |
Global Bargain Hunting | – | 1998 | – | |
The Index Fund Solution | – | 2000 | – | |
The Random Walk Guide to Investing | – | 2003 | – | |
From Wall Street to the Great Wall | – | 2007 | – | |
The Elements of Investing | Save early, index, diversify, cut costs, rebalance: investing rules in 100 pages. | 2009 | – |
| New Paradigms in Stock Market Indexing | Princeton CEPS Working Paper No. 166 (with Derek Jun) | 2008 |
| Hedge Funds: Risk and Return | Princeton CEPS Working Paper No. 104 (with Atanu Saha) | 2004 |
| The Efficient Market Hypothesis and Its Critics | Princeton CEPS Working Paper No. 91 (also Journal of Economic Perspectives 17:1) | 2003 |
| Buy Stocks Now, Investing Legend Burton Malkiel Says Paywall | Barron's | 2020 |
| An Index-Fund Evangelist Is Straying From His Gospel Paywall | The New York Times | 2017 |