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BBestselling author, Jack Schwager, challenges the assumptions at the core of investment theory and practice and exposes common investor mistakes, missteps, myths, and misreads/b/ When it comes to investment models and theories of how markets work, convenience usually trumps reality. 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. Unfounded assumptions, erroneous theories, unrealistic models, cognitive biases, emotional foibles, and unsubstantiated beliefs all combine to lead investors astray'professionals as well as novices. In this engaging new book, Jack Schwager, bestselling author of iMarket Wizards/i and iThe New Market Wizards/i, takes aim at the most perniciously pervasive academic precepts, money management canards, market myths and investor errors. Like so many ducks in a shooting gallery, Schwager picks them off, one at a time, revealing the truth about many of the fallacious assumptions, theories, and beliefs at the core of investment theory and practice./ ulliA compilation of the most insidious, fundamental investment errors the author has observed over his long and dist

Author

Schwager, Jack D

Publisher

Wiley & Sons, Limited, John

Published

2012

Language

EN

ISBN

9781283715157