The present-day stock market is characterized by significant volatility, making it a challenging environment for risk-averse individuals. In the face of such uncertainty, what is the average investor supposed to do? The solution lies in seeking guidance from Burton G. Malkiel, whose advice is presented in a reassuring, authoritative, gimmick-free manner in his perennially best-selling investment guide. Widely recognized as the go-to resource for individuals initiating a portfolio or managing a 401(k), “A Random Walk Down Wall Street” now incorporates new content on topics such as “tax-loss harvesting,” considered a cornerstone of tax management, the ongoing bitcoin bubble, and the role of automated investment advisers.
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