'A Random Walk Down Wall Street' by Burton G. Malkiel is a must-read investment classic that emphasizes the importance of diversification, risk management, and cost minimization. It explores investment strategies such as technical analysis, fundamental analysis, and modern portfolio theory, and advocates for a passive investment approach through low-cost index funds. The book provides practical advice on risk tolerance, investment horizon, diversification, and maintaining discipline in the face of market fluctuations.
