In an era of widespread misinformation about the ways to grow your money, Burton G. Malkiel's no-nonsense investment guide is more essential than ever. Whether you are considering making your first investment or thinking about retirement, the fully updated fiftieth-anniversary edition of A Random Walk Down Wall Street remains the best investment guide you can find. Malkiel, drawing on his experience as an economist, financial advisor, and successful investor, demonstrates why an individual who consistently saves over time and purchases a diversified set of indexes can achieve above-average investment results. He analyzes current investment trends and critically examines cryptocurrencies, NFTs, and meme stocks. Malkiel reveals how to be smart about taxes on your investments and how to understand recently popular investment management techniques, including factor-based investing, risk parity, and ESG portfolios. Investors of all ages, experience levels, and risk tolerances will find the step-by-step guidance they need to protect and grow their wealth.