Blind Faith: Our Misplaced Trust in the Stock Market - and Smarter, Safer Ways To Invest
This book has four essential messages summarized as follows: ....The risk of placing money into common stock or equity mutual funds has evolved to the point where this process, commonly referred to as investing, can now be more accurately described as speculation or gambling. The people who place money into the stock market take on most of the risk but receive only the ''crumbs'' of a market advance. The real winners are the executives, the corporations, and the brokerage industry. The rewards are so great that the behavior of these ''beneficiaries'' of market advances can range from unethical transgressions to outright fraud. The traditional measures for dealing with market risk - asset allocation and diversification - do not adequately address the problem. This book presents a new philosophy and strategy for dealing with the inherent dangers of stock market investing....There are ways to participate in market advances while protecting the underlying principal against loss. These...
More books by Edward Winslow
Siti Noorahayusolah Kosnandi. The Impact of Macroeconomic Forces on Stock Returns in Malaysia: Relationship between Macroeconomic forces and Stock Returns
The stock price movement is an important indicator of the economy and reflect the investorsa?? expectations about the companiesa?? future performance. As a result it may reflects the level of economic activity in a country. The stock price performance had impact from the economy downturn in ...
Derek Hoffman, Damien Hoffman. The Wall St. Cheat Sheet: The Proven Investing System for Winning with Stocks in Every Market
Stock secrets of the pros! In The Wall St. Cheat Sheet, Derek and Damien Hoffman offer a ten-step framework that teaches investors and traders of all levels how to make the right stock choices. It provides the risk-management techniques that Wall Street pros use to profit in rising and falling ...
Henry Inegbedion. Efficient Market Hypothesis and the Nigerian Capital Market: Examination of the Nigerian Stock Market for Market Efficiency
In the wake of the deregulation of the financial sector in Nigeria, following the enthronement of democratic governance, several policies were put in place to stimulate capital market activities. The series of policies, especially the twenty-five Billion Naira capitalization of Banks, led to ...
This paper investigates the existence of the accrual anomaly on the Dutch stock market. It documents that there is statistical evidence to accept that the cash flow component of current earnings is significantly more persistent than the accrual component of current earnings with respect to ...