The stock market is a wild and scary roller coaster ride that investors have tried to tame with superficially appealing but ultimately flawed strategies—technical analysis, modern portfolio theory, CAPM, factor models, and algos. Many have simply given up and settled for indexing. This book explains the fundamental flaws that make so many strategies hazardous to our wealth.
There is a better way—what the authors call Investing 6.0—that is simple enough for anyone to use. No fa...
Innehållsförteckning
Introduction.- 1. Investing 1.0 — Blind Faith and Speculation.- 2. Investing 2.0 — Intrinsic Value.- 3. Investing 3.0 — Measuring Risk.- 4. Investing 4.0 — Ef...
Om författaren
Gary Smith is the Fletcher Jones Professor of Economics at Pomona College. He has written (or co-authored) more than 100 academic papers and 16 books, most recen...