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 .
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It is not a an easy read.
Market Sense and Nonsense : How the Markets Really Work (and How They Don’t)
Nothing is always a good idea. Review Text ‘Everybody, and I mean everybody who has an investment portfolio will profit from reading this book Schwager has written extensively on the futures industry and great traders in all financial markets.
Mr Schwager’s book starts off with plenty of sound, basic advice Options—Understanding the Basics Appendix B: Christopher Parisi rated it it was ok Mar 21, Brings to light the fallacies underlying many widely held academic precepts, professional money management methodologies, and investment behaviors.
Schwager’s writing style is interesting and conversational, employs many analogies and shwager to convey meaning, and frequently touches on real investor experiences to drive points home. It’s a bit dry, but Schwager is brief, makes his point, and moves on so it stays interesting.
For those with jarket time, these chapter summaries provide a quick way to skim through the book and capture the highlights.
Portfolio Matters Chapter Aug 21, InvestingByTheBooks.
Market Sense and Nonsense: How the Markets Really Work (and How They Don’t) [Book]
Karate1kid rated it liked it Jan 24, Not exactly what I expected, but it’s quite good. This book will be insightful to professionals and yet readable by the broader audience with an interest in investment, trading, and finance.
Added to Your Shopping Cart. To ask other readers questions about Market Sense and Nonsenseplease sign up. It has given me much food for thought.
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.
That should tell you almost ev Not exactly what I expected, but it’s quite good. A supreme rubbish book. The part on hedge funds does have its merits, especially the more advanced chapters, and it could jackk well have made a book on its own.
schhwager In this book, you’ll discover why: Visit our Beautiful Books markst and find lovely books for kids, adn lovers and more. I need to know why it works, and in what conditions, and what conditions it doesn’t work well for! 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 marker pertinent to professionals, yet writing in a style that is clear and accessible to the layman.
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Want to Read Currently Reading Read. There are several chapters that caught my attention, e.
Another third is about hedge funds how they are often lower risk than equity funds and how managed accounts can be a very consumer-friendly versionand the last third about portfolio building hint: But the discussions echwager the misconceptions are usually straightforward and logical. It includes a tour-de-force destruction of the efficient-market hypothesis the “deficient” hypothesis in Schwager’s words that is by itself worth the price of the book.
Good unique information with references, charts, and even the formulas of how things were calculated. The subject matter will be somewhat dry for some. Hardcoverpages. The setup of the book is somewhat ad-hoc, too.
schwaver Schwager points out that the risk-return profile of hedge funds is superior to mutual funds and, in the form of fund-of-funds, an investment in a hedge fund is actually available to and preferable even for investors of modest means.