Market Sense and Nonsense

Market Sense and Nonsense

How the Markets Really Work (and How They Don't)

eBook - 2013
Average Rating:
Rate this:

Bestselling author, Jack Schwager, challenges the assumptionsat the core of investment theory and practice and exposes commoninvestor mistakes, missteps, myths, and misreads

When it comes to investment models and theories of how marketswork, convenience usually trumps reality. The simple fact is thatmany revered investment theories and market models are flatlywrong--that is, if we insist that they work in the real world.Unfounded assumptions, erroneous theories, unrealistic models,cognitive biases, emotional foibles, and unsubstantiated beliefsall combine to lead investors astray--professionals as well asnovices. In this engaging new book, Jack Schwager, bestsellingauthor of Market Wizards and The New Market Wizards ,takes aim at the most perniciously pervasive academic precepts,money management canards, market myths and investor errors. Like somany ducks in a shooting gallery, Schwager picks them off, one at atime, revealing the truth about many of the fallacious assumptions,theories, and beliefs at the core of investment theory andpractice.

A compilation of the most insidious, fundamental investmenterrors the author has observed over his long and distinguishedcareer in the markets Brings to light the fallacies underlying many widely heldacademic precepts, professional money management methodologies, andinvestment behaviors A sobering dose of real-world insight for investmentprofessionals and a highly readable source of information andguidance for general readers interested in investment, trading, andfinance Spans both traditional and alternative investment classes,covering both basic and advanced topics As in his best-selling Market Wizard series, Schwagermanages the trick of covering material that is pertinent toprofessionals, yet writing in a style that is clear and accessibleto the layman

Publisher: Hoboken, N.J. : Wiley, [2013]
Copyright Date: ©2013
ISBN: 9781118509340
9781118494561
Characteristics: 1 online resource (xix, 343 pages)
Additional Contributors: ebrary, Inc

Opinion

From the critics


Community Activity

Comment

Add a Comment

There are no comments for this title yet.

Age

Add Age Suitability

There are no ages for this title yet.

Summary

Add a Summary

There are no summaries for this title yet.

Notices

Add Notices

There are no notices for this title yet.

Quotes

Add a Quote

There are no quotes for this title yet.

Explore Further

Subject Headings

  Loading...

Find it at KCLibrary

  Loading...
[]
[]
To Top