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Cover design: John Wiley & Sons, Inc.

Copyright © 2021 by Burton G. Malkiel and Charles D. Ellis. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

First Edition published by John Wiley & Sons, Inc. in 2010.

Published simultaneously in Canada.

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ISBN 978‐1‐119‐77373‐3 (cloth); ISBN 978‐1‐119‐77378‐8 (epub);

ISBN 978‐1‐119‐77380‐1 (epdf)

The Elements of Investing

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