[tinyrick2]

A Random Walk Street by Burton Malkiel. Very easy to understand and entertaining to read too. The book is basically divided into 2 parts, the 1st about the arguments for market efficiency, and 2nd about practical steps in investing considering the conditions explained in part 1. In it the author argued that there is very little chance for anyone to systematically beat the market, and so the best way to make money in the stock market (in the long run) is by following the market (e.g. by buying an index fund).