A Random Walk Down Wall Street is the “Average Joe’s 漫步华尔街是“乔大叔.docVIP

“A Random Walk Down Wall Street” Book Report By: Gregory K. Mitchell BFIN 546 - Investments 02/22/1995  A Random Walk Down Wall Street is the “Average Joe’s” introduction to investing. The author does an excellent job of mixing humor, personal feelings, and historical examples of how people succumb to the “Castles in the Air” mentality. The first chapter is devoted to an introduction to the book and the explanation of a “random walk”. The “Random Walk” as Malkiel explains is the unpredictability of future steps or directions based on past actions. He further integrates this term into th