| Record ID | marc_loc_updates/v39.i39.records.utf8:10742918:2510 |
| Source | Library of Congress |
| Download Link | /show-records/marc_loc_updates/v39.i39.records.utf8:10742918:2510?format=raw |
LEADER: 02510cam a22002658a 4500
001 2011023716
003 DLC
005 20110926104455.0
008 110613s2012 nyu 000 0 eng
010 $a 2011023716
020 $a9780743297967 (hardback)
040 $aDLC$cDLC$dDLC
042 $apcc
050 00 $aHG4521$b.D727 2012
082 00 $a332.601/9$223
100 1 $aDreman, David N.
245 10 $aContrarian investment strategies :$bthe psychological edge /$cDavid Dreman.
250 $aRev. and updated ed.
260 $aNew York :$bFree Press,$c2012.
263 $a1201
300 $ap. cm.
520 $a"In this major revision of his investment classic, one of the premier investment managers introduces vitally important new findings in psychology that show why most investment strategies are fatally flawed and his contrarian strategies are the best way to beat the market. The need to switch to a new approach for investing has never been more urgent. The Crash of 2007 revealed in dramatic fashion that there are glaring flaws in the theory that underlies all of the prevailing investment strategies-efficient market theory. This theory, and all of the most popular investing strategies, fail to account for major, systematic errors in human judgment that the powerful new research in psychology David Dreman introduces has revealed, such as emotional over-reactions and a host of mental shortcuts in judgment that lead to wild over and under-valuations of stocks, bonds, and commodities and to bubbles and crashes. It also leads to horribly flawed assessments of risk. Dreman shows exactly how the new psychological findings definitively refute those strategies and reveals how his alternative contrarian strategies do a powerful job of accounting for them. He shows readers how by being aware of these new findings, they can become saavy psychological investors, crash-proofing their portfolios and earning market beating long-term returns. He also introduces a new theory of risk and substantially updates his core contrarian strategies with a number of highly effective methods for facing the most pressing challenges in the coming years, such as greatly increased volatility and the prospect of inflation. This is every investor's essential guide to optimal investing"--$cProvided by publisher.
650 0 $aInvestment analysis.
650 0 $aInvestments$xPsychological aspects.
856 42 $3Cover image$uhttp://www.netread.com/jcusers2/1247/967/9780743297967/image/lgcover.9780743297967.jpg