Market Sense and Nonsense: How the Markets Really Work (And How Bestselling author, Jack Schwager, challenges the assumptions at the. In this engaging new book, Jack Schwager, bestselling author of Market Wizards and The New Market Wizards, takes aim at the most perniciously pervasive. Bestselling author, Jack Schwager, challenges the assumptions at the core of investment theory and practice and exposes common investor mistakes, missteps .
|Published (Last):||9 September 2012|
|PDF File Size:||3.26 Mb|
|ePub File Size:||18.42 Mb|
|Price:||Free* [*Free Regsitration Required]|
He has done the Investment Management industry tremendous service through his educational and entertaining in-depth interviews with knowledgeable, passionate money managers. Bob rated it really liked it Maarket 09, Nandu rated it it was ok May 23, Nearly every chapter ends with 1 a summary of the investment misconceptions discovered, 2 a review of the “market reality” versus conventional wisdom, and 3 the “investment insights” or takeaways that may be useful to the reader.
This book is destined to beone of the greatest texts on markets and investing for discussionin schools, universities and barrooms the nonense over. Thanks for telling us about the problem. In this engaging new jaack, Jack Schwager, bestselling author of Market Wizards and The New Market Wizardstakes aim at the most perniciously pervasive academic precepts, money management canards, market myths and investor errors.
Aug 17, Jas rated it really liked it.
Very valuable book full of insights that are clearly explained. Appendix Two contains mathematical formulas for all of the risk-return metrics used in the book.
Market Sense and Nonsense : How the Markets Really Work (and How They Don’t)
These interviews make it obvious to me, that the market senxe not efficient if you have a well thought-out investment philosophy, a coherent process, strong work ethics and discipline.
Our customer reviews I found this book interesting and data-filled. I imagine that in future that I will be consulting its pages from time to time.
Marco rated it it was ok May 09, Some good stuff but also too much self serving propaganda for the hedge fund industry.
Market Sense and Nonsense: How the Markets Really Work (and How They Don’t) [Book]
How Much Is Enough? Just a moment while we sign you in to your Goodreads account.
Supported by awealth of well-documented historical evidence and a healthy dose ofcommon sense, he exposes the truth about the cherished assumptionsand fallacious thinking at the core of some of the most respectedinvestment theories and models and explores many common investorerrors.
Goodreads is the world’s largest site for readers with over 50 million reviews. It is essentially a more technical version of Michael Dever’s “Jack Investing”, although it doesn’t cover the range of “myths” outlined by Dever. This book is a compilation of the fu Investment errors are hardly the exclusive domain of novice investors. The simple fact is that many revered investment theories and market models are flatly wrong—that is, if we insist that they work in the real world.
Do We Mean to Imply The subject matter will be somewhat dry for some. The Best Books of Schwager was a partner in the Fortune Nnonsense, a Scheager hedge fund advisory firm, which specialized in creating customized hedge fund portfolios for institutional clients, and also spent over twenty years as a director of futures research for some of Wall Street’s leading firms.
I would buy both books, with a priority to Dever’s if you could only buy one.
Jun 25, Paul rated it it was ok. Fear of Hedge Funds: All tie together pointing the way to better-informed investment strategies. Thorp, author of Beat the Dealer andBeat the Market “Jack Schwager’s new book, Market Sense and Nonsense, deftly addresses a large number of seldomly clarified facts andmyths about the investment management business.
A sobering dose of real-world insight for investment professionals and a highly readable source of information and guidance for general readers interested in investment, trading, and finance.
Schwager was a partner in the Fortune Group, a London-based hedge fund advisory senee, which special Jack Schwager is a recognized industry expert in futures and hedge funds and the author of a number of widely acclaimed financial books. Schwager slaughters the so-called Efficient Market Hypothesis that has stultified academic finance deptartments for 40 years.
Do We Mean to Imply. It is not a an easy read. Dispatched from the UK in 3 business days When will my order arrive? Justin Singer rated it it was amazing Nov 22, The Origin of Esnse Funds Chapter Schwager was a partner in the Fortune Group, a London-based hedge fund advisory firm, which specialized in creating customized hedge fund portfolios for institutional clients.
If, however, you contemplating investing some money then it is a good place if not to start but is certainly worth a visit at the early stages. Investment errors are hardly the exclusive domain of novice investors.
Market Sense and Nonsense : Jack D. Schwager :
Book Description Bestselling author, Jack Schwager, challenges the assumptions at the core of investment theory and practice and exposes common investor mistakes, missteps, myths, and misreads When it comes to investment models and theories of how markets work, convenience usually trumps reality.
It does have a decent cover though. Travis James rated it really liked it Jan 12, Schwager has performed a majorservice for anyone who ever gets a spare dime to invest and wantsto know how to avoid making a mistake. Do We Mean to Imply.