Outsmarting the Smart Money: Understand how Markets Really Work and Win the Wealth GameThis volume looks at how investors can rethink their learning about investments. The author argues that many investors are inadvertently building their portfolios on shaky foundations, based on preconceived notions about the markets, misleading and exploitative information and a lack of knowledge and understanding. This book aims to help readers recognize where the dangers are and how to avoid making costly mistakes. |
Contents
Crossroads | 3 |
Investor Sentiment | 33 |
Limited Arbitrage | 41 |
Copyright | |
16 other sections not shown
Common terms and phrases
accounting acquisitions American Ameritrade amount analysts annual assets average bank Beardstown Ladies behavior Benjamin Graham Bennett bias brokers buybacks buyers called capital cash cognitive biases company's corporate crash Daniel Kahneman day trading deal Desmond disclosure earnings economic efficiency Enron example firms forma fraud GAAP Gartner income individual industry Intelligent Investor Internet investment clubs investment decisions lesson long-term loss aversion major managers margin ment mental accounting million Motorola Network Working Paper numbers offering overconfidence percent period Ponzi scheme portfolio press releases price-value profit psychology rational reason reports repurchases requires returns risk Rite Aid rules scams securities sell shareholders shares social proof stock market stock price story strategy substantial takeovers target Thaler things tion tive value function value-oriented Viacom Wall Street Journal Warren Buffett winner's curse winning www.ssrn.com York