Burton Malkiel is an economics professor at Princeton University. His engrossing book targets individual investors, but its insightful discussions of the random walk hypothesis, efficient market hypothesis and portfolio theory have educated entry-level professionals since the book was first released in 1973. There is more than theory here. What makes the book compelling is the extensive empirical studies that back it up. Any professional involved in trading or investing who has not read it should consider himself culturally illiterate ...