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A Random Walk Down Wall Street.
by MALKIEL, Burton G
- Used
- Hardcover
- first
- Condition
- See description
- Seller
-
London, United Kingdom
Payment Methods Accepted
About This Item
New York: W. W. Norton & Company, Inc.,, 1973. Inscribed to a prominent investor First edition, first printing, inscribed by the author on the front free endpaper, "For Andrew Rudd with my best wishes Burt Malkiel". The recipient is a prominent American investor and financial writer. Malkiel's successful guide to personal investing is a witty and irreverent work which popularized the random walk theory. Malkiel's thesis is that movements in stock prices are entirely unpredictable - hence, the random walk - and that all complex market investment strategies are, therefore, fundamentally flawed. None of the self-proclaimed expert investment managers, in other words, can hope to outperform the market over the long-term. Despite this position, Malkiel devotes the third and final part of the work to providing "A Practical Guide for Random Walkers and Other Investors". Octavo. Original green cloth, spine lettered in gilt. With dust jacket. Slight spotting to edges, line of toning to rear free endpaper; jacket front flap clipped at foot with overprice at head apparently as issued, very slight sunning to spine panel, a few lines of rippling to jacket laminate: a near-fine copy in very good jacket.
Synopsis
A Random Walk Down Wall Street, written by Burton Malkiel, a Princeton economist, is an influential book on the subject of stock markets. Malkiel argues that asset prices typically exhibit signs of random walk and that one can not consistently outperform market averages. The book is frequently cited by those in favor of the efficient market hypothesis. As of January 2008, there have been nine editions.
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Details
- Bookseller
- Peter Harrington
(GB)
- Bookseller's Inventory #
- 163793
- Title
- A Random Walk Down Wall Street.
- Author
- MALKIEL, Burton G
- Book Condition
- Used
- Binding
- Hardcover
- Place of Publication
- New York: W. W. Norton & Company, Inc.,
- Date Published
- 1973
Terms of Sale
Peter Harrington
All major credit cards are accepted. Both UK pounds and US dollars (exchange rate to be agreed) accepted. Books may be returned within 14 days of receipt for any reason, please notify first of returned goods.
About the Seller
Peter Harrington
Biblio member since 2006
London
About Peter Harrington
Since its establishment, Peter Harrington has specialised in sourcing, selling and buying the finest quality original first editions, signed, rare and antiquarian books, fine bindings and library sets. Peter Harrington first began selling rare books from the Chelsea Antiques Market on London's King's Road. For the past twenty years the business has been run by Pom Harrington, Peter's son.
Glossary
Some terminology that may be used in this description includes:
- Spine
- The outer portion of a book which covers the actual binding. The spine usually faces outward when a book is placed on a shelf....
- Cloth
- "Cloth-bound" generally refers to a hardcover book with cloth covering the outside of the book covers. The cloth is stretched...
- First Edition
- In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...
- Inscribed
- When a book is described as being inscribed, it indicates that a short note written by the author or a previous owner has been...
- Edges
- The collective of the top, fore and bottom edges of the text block of the book, being that part of the edges of the pages of a...
- Octavo
- Another of the terms referring to page or book size, octavo refers to a standard printer's sheet folded four times, producing...
- Gilt
- The decorative application of gold or gold coloring to a portion of a book on the spine, edges of the text block, or an inlay in...
- Jacket
- Sometimes used as another term for dust jacket, a protective and often decorative wrapper, usually made of paper which wraps...
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