Outsmarting the Smart Money: Understand how Markets Really Work and Win the Wealth GameHow to invest using straightforward common sense instead of misleading"hot tips" While market pundits argue the rational market theory, one theory gets almost universal consensusthat of the irrational investor. Outsmarting the Smart Money outlines where most investors go wrong and explains how to instead approach the markets with intelligence and calm. Filled with hard-hitting insights and useful lessons, it shows how to use market-proven techniques and strategies to overcome biases, myths, and mistakesand beat the pros at their own game. Cunningham presents flexible security analysis guidelines for investors who want to guide their own portfolios, but don't want to devote all of their free time to the effort including: How to overcome personal biases, misleading information, and market inefficiencies Methods to avoid being cheated by money managers, and identify "spin" reporting |
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Contents
Crossroads | 3 |
Investor Sentiment | 23 |
Limited Arbitrage | 41 |
Copyright | |
16 other sections not shown
Common terms and phrases
accounting acquisitions action American amount analysts annual assets average bank behavior believe better bias biases called capital cash changes Chapter clubs cognitive compared concern consider corporate cost created deal decision disclosure early earnings economic effect efficiency equity example fall firms funds give given greater hold individual industry interest investment investors late later lead less lesson levels limited long-term look loss major managers margin means million Notes numbers offering operating percent performance period play positive problem produce profit psychology range reason releases reports repurchases requires Research returns rise risk rules securities sell shareholders shares shows story Street Journal substantial success suggests things trading turn Wall Street winning York
Bibliographic information
| Title | Outsmarting the Smart Money: Understand how Markets Really Work and Win the Wealth Game |
| Author | Lawrence A. Cunningham |
| Edition | illustrated |
| Publisher | McGraw Hill Professional, 2002 |
| ISBN | 0071386998, 9780071386999 |
| Length | 271 pages |
| Subjects | › › Business & Economics / Investments & Securities / General |
| Export Citation | BiBTeX EndNote RefMan |