Book · 1999 · Business & Economics
A Random Walk Down Wall Street
Including a Life-cycle Guide to Personal Investing
- mentions
- 8
- people
- 7
- podcasts
- 7
- episodes
- 8
- recommendations
- 4
Our chief investment officer wrote the book literally called A Random Walk Down Wall Street forty three years ago that found that people would be better off buying an index than they would trying to pick individual stocks.
What they say about it
- Discusses index fund concepts“invented the index fund with his book”2
The best things said about it
I took an Investments class in University we read the book A Random Walk Down Wall Street and I believed it.
There's an old book called A Random Walk Down Wall Street, something to that effect, which basically concludes that a monkey throwing darts at a dartboard, picking stocks that way would either equally perform or outperform on a post-fee basis most professional Wall Street analysts or portfolio managers.
Vivek Ramaswamy The Megyn Kelly Show · Sep 2024 Our chief investment officer Bert Malkiel really invented the index fund with his book A Random Walk Down Wall Street.
A Random Walk Down Wall Street nobody can beat the market.
Eric Weinstein Modern Wisdom · Sep 2024 I'm listening to a walk down wall street um right now random walk down wall street a random walk down wall street right now and i'm just i am so enamored with these fraud moments.
A Random Walk Down Wall Street by Burton Malkiel.
Bill Gurley The Tim Ferriss Show · Jan 2023 Where and when it comes up
Mentions per year
How it comes up
Most mentions, by podcast
7 people who brought it up
Why people recommend it
A Random Walk Down Wall Street by Burton Gordon Malkiel is a foundational financial text arguing that stock market prices are completely unpredictable and that passive index investing outperforms active stock picking. The book has drawn varied commentary across numerous podcasts. Andy Rachleff on This Week in Startups and the a16z Podcast cited Malkiel as the chief investment officer who invented the index fund. Similarly, Bill Gurley on The Tim Ferriss Show noted the work as essential bedrock reading for investors. In discussions about market efficiency and past attempts to beat the market, Mike Peterson on ChooseFI recalled reading it in a university investments class, while Eric Weinstein on Modern Wisdom and Vivek Ramaswamy on The Megyn Kelly Show referenced its premise to illustrate expert orthodoxy and random statistical noise. Additionally, Ben Gilbert on This Week in Startups and George Mack on My First Million discussed encountering the book while exploring investment history and financial biographies.
Every mention
Andy Rachleff our chief investment officer bert malkiel really invented the index fund with his book a random walk down w… 2
“our chief investment officer bert malkiel really invented the index fund with his book a random walk down wall street”
“our chief investment officer wrote the book literally called a random walk down Wall Street forty three years ago that found that people would be better off buying an index than they would trying to pick individual stocks”
Bill Gurley A Random Walk Down Wall Street by Burton Malkiel. 1
“A Random Walk Down Wall Street by Burton Malkiel.”
George Mack Sean you should read Ed Thorp's biography one of the best biographies I've ever read adding it to the list… 1
“Sean you should read Ed Thorp's biography one of the best biographies I've ever read adding it to the list a man for market.”
Michael Peterson I took an Investments class in University we read the book a random walk down Wall Street and I believed it 1
“I took an Investments class in University we read the book a random walk down Wall Street and I believed it”
Ben Gilbert I'm listening to a walk down wall street um right now random walk down wall street a random walk down wall… 1
“I'm listening to a walk down wall street um right now random walk down wall street a random walk down wall street right now and i'm just i am so enamored with these fraud moments”
Eric Weinstein a random walk down Wall Street nobody can beat the market 1
“a random walk down Wall Street nobody can beat the market”
Vivek Ramaswamy The reality is it reminds me of there's an old book called A Random Walk Down Wall Street, something to tha… 1
“The reality is it reminds me of there's an old book called A Random Walk Down Wall Street, something to that effect, which basically concludes that a monkey throwing darts at a dartboard, picking stocks that way would either equally perform or outperform on a post-fee basis most professional Wall Street analysts or portfolio managers.”
Also mentioned in the same episodes
Other mentions (1: passing, ad reads, own books)
“we could look at chaos theory and a random walk down wall street I mean we could do a whole history lesson”