15 Best Books on Fundamental Analysis of Stocks

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11. A Random Walk Down Wall Street, by Burton G. Malkiel

Goodreads score: 4.04

A Random Walk Down Wall Street is another classic that can be a great starter for new investors. The book discusses the theory of the so-called “random walk hypothesis”, which argues that stock market prices evolve according to a random process and cannot be predicted. In this way, the author states that a passive strategy will be more successful at generating returns compared to techniques involving carefully selecting stocks using fundamental, technical and other approaches.

15 Best Books on Fundamental Analysis of Stocks

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