A Random Walk Down Wall Street: Including a Life-Cycle Guide to Personal Investing

I keep taking this back to 1971.

My favorite experiment, Burton Malkiel, he wrote the book A Random Walk Down Wall Street, and he taught monkeys how to invest.

He literally taught monkeys how to invest.

He literally had them throw darts at a wall and wherever the dart landed, he will buy that stock for the monkey will buy that stock.

But I had met Bogle in 97 and knew his earlier work.

There were other people out, Burton Malkiel, who had written a very famous book called A Random Walk Down Wall Street.

Malkiel was one of the very first people to talk about index funds and the feasibility of index funds.

And he was also participating in research that indicated that most investment advisors never beat their benchmarks, the S&P 500.

That's how you can get away from those unhelpful thoughts.

And if you're interested in investing, two of my favorite books are The Elements of Investing by Malkiel and Ellis and A Random Walk Down Wall Street by Malkiel, among the best books on investing.

And if you're looking for basic money lifestyle advice or We'll put some books in the show notes that are well-researched with sound advice.

Random Walk Down Wall Street was one of the first investing books I read.

I read it for school.

It was awesome.

I probably should have a better answer to my favorite book.

I mean, I can tell you in the personal finance realm, I still talk about my early influences from A Random Walk Down Wall Street and The Boglehead's Guide to Investing.

I mean, there's some really good seminal financial planning books out there, too.

On the fiction side, it's a really good question.