Market Sense and Nonsense

How the Markets Really Work (and How They Don't)

By: Jack D. Schwager, Joel Greenblatt (Foreword by)

Write A Review

Hardcover | 18 October 2012 | Edition Number 1

At a Glance

Hardcover
368 Pages

Dimensions(cm)
22.5 x 15 x 3

Hardcover

RRP $69.95

$47.25

32%OFF

or 4 interest-free payments of $11.81 with

In Stock and Aims to ship next day

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. 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 Market Wizards and The New Market Wizards, 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.

A compilation of the most insidious, fundamental investment errors the author has observed over his long and distinguished career in the markets
Brings to light the fallacies underlying many widely held academic precepts, professional money management methodologies, and investment behaviors
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
Spans both traditional and alternative investment classes, covering both basic and advanced topics
As in his best-selling Market Wizard series, Schwager manages the trick of covering material that is pertinent to professionals, yet writing in a style that is clear and accessible to the layman

Industry Reviews

'Everybody, and I mean everybody who has an investment portfolio will profit from reading this book...kudos to the author for offering the investing world an uncommonly worthwhile book.' (forexpros.com, 12th Novemebr 2012) '...Mr Schwager's book starts off with plenty of sound, basic advice... before expertly demonstrating that a leveraged exchange traded fund is a dreadful investment because of its structure, being almost bound to disappoint' (The Economist, January 2013) 'Full of common sense' (Pensions World, February 2013)

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.