Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Returns To Contrarian Investment
Download Returns To Contrarian Investment full books in PDF, epub, and Kindle. Read online Returns To Contrarian Investment ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Contrarian Investment Strategies by : David Dreman
Download or read book Contrarian Investment Strategies written by David Dreman and published by Simon and Schuster. This book was released on 2012-01-10 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduces important new findings in psychology to demonstrate why most investment strategies are flawed, outlining atypical strategies designed to prevent over- and under-valuations while crash-proofing a portfolio.
Book Synopsis Returns to Contrarian Investment by : Patricia Dechow
Download or read book Returns to Contrarian Investment written by Patricia Dechow and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the ability of hypotheses based on naive investor expectations to explain the higher returns to contrarian investment strategies. Inconsistent with Lakonishok, Shleifer and Vishny (1995), we find no systematic evidence that stock prices naively reflect extrapolation of past trends in earnings and sales growth. Consistent with Bauman and Dowen (1988) and La Porta (1994), we find that stock prices appear to naively reflect analysts' biased forecasts of future earnings growth. Further, we show that naive reliance on analysts' forecasts of future earnings growth can explain over half the higher returns to contrarian investment strategies.
Book Synopsis The Contrarian Investor's Thirteen by : Benj Gallander
Download or read book The Contrarian Investor's Thirteen written by Benj Gallander and published by Insomniac Press. This book was released on 2003 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Contrarian Investor's Thirteen focuses on the basics of how people can improve their financial returns by themselves, reducing their dependence of costly brokers and advisors.
Book Synopsis Contrarian Investing by : Anthony Gallea
Download or read book Contrarian Investing written by Anthony Gallea and published by Prentice Hall Press. This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accessible and suitable for both the professional investor or the newcomer to the market, "Contrarian Investing"includes a series of codified trading rules that focus on increasing returns while attempting to avoid risk.
Book Synopsis Contrarian Investment Strategies: the Next Generation by : David Dreman
Download or read book Contrarian Investment Strategies: the Next Generation written by David Dreman and published by Simon and Schuster. This book was released on 2008-06-30 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: David Dreman's name is synonymous with the term "contrarian investing," and his contrarian strategies have been proven winners year after year. His techniques have spawned countless imitators, most of whom pay lip service to the buzzword "contrarian," but few can match his performance. His Kemper-Dreman High Return Fund has been the leader since its inception in 1988 -- the number one equity-income fund among all 208 ranked by Lipper Analytical Services, Inc. Dreman is also one of a handful of money managers whose clients have beaten the runaway market over the past five, ten, and fifteen years. Now, as the longest bull market in the history of the stock market winds down, there is increasing volatility and a great deal of uncertainty. This is the climate that tests the mettle of the pros, the worries of the average investor, and the success of David Dreman's brilliant new strategies for the next millennium. Contrarian Investment Strategies: The Next Generation shows investors how to outperform professional money managers and profit from potential Wall Street panics -- all in Dreman's trademark style, which The New York Times calls "witty and clear as a silver bell." Dreman reveals a proven, systematic, and safe way to beat the market by buying stocks of good companies when they are currently out of favor. At the heart of his book is a fundamental psychological insight: investors overreact. Dreman demonstrates how investors consistently overvalue the so-called "best" stocks and undervalue the so-called "worst" stocks, and how earnings and other surprises affect the best and worst stocks in opposite ways. Since surprises are a way of life in the market, Dreman shows you how to profit from these surprises with his ingenious new techniques, most of which have been developed in the nineties. You'll learn: Why contrarian stocks offer extra protection in bear markets, as well as delivering superior returns when the bull roars. Why a high dividend yield is just as important for the aggressive investor as it is for "widows and orphans." Why owning Treasury bills and government bonds -- the "safest investments" for centuries -- is like being fully margined at the top of the 1929 market. Why Initial Public Offerings are a guaranteed loser's game. Why you should avoid Nasdaq ("the market of the next hundred years") like the plague. Why crisis, panic, and even market downturns are the contrarian investor's best friend. Why the chances of hitting a home run using the Street's best research are worse than being the big winner in the New York State Lottery. Based on cutting-edge research and irrefutable statistics, David Dreman's revolutionary techniques will benefit professionals and laymen alike.
Book Synopsis Contrarian Investment Strategies by : David Dreman
Download or read book Contrarian Investment Strategies written by David Dreman and published by Free Press. This book was released on 1998-05-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: David Dreman's name is synonymous with the term "contrarian investing," and his contrarian strategies have been proven winners year after year. His techniques have spawned countless imitators, most of whom pay lip service to the buzzword "contrarian," but few can match his performance. His Kemper-Dreman High Return Fund has been the leader since its inception in 1988 -- the number one equity-income fund among all 208 ranked by Lipper Analytical Services, Inc. Dreman is also one of a handful of money managers whose clients have beaten the runaway market over the past five, ten, and fifteen years. Now, as the longest bull market in the history of the stock market winds down, there is increasing volatility and a great deal of uncertainty. This is the climate that tests the mettle of the pros, the worries of the average investor, and the success of David Dreman's brilliant new strategies for the next millennium. Contrarian Investment Strategies: The Next Generation shows investors how to outperform professional money managers and profit from potential Wall Street panics -- all in Dreman's trademark style, which The New York Times calls "witty and clear as a silver bell." Dreman reveals a proven, systematic, and safe way to beat the market by buying stocks of good companies when they are currently out of favor. At the heart of his book is a fundamental psychological insight: investors overreact. Dreman demonstrates how investors consistently overvalue the so-called "best" stocks and undervalue the so-called "worst" stocks, and how earnings and other surprises affect the best and worst stocks in opposite ways. Since surprises are a way of life in the market, Dreman shows you how to profit from these surprises with his ingenious new techniques, most of which have been developed in the nineties. You'll learn: Why contrarian stocks offer extra protection in bear markets, as well as delivering superior returns when the bull roars. Why a high dividend yield is just as important for the aggressive investor as it is for "widows and orphans." Why owning Treasury bills and government bonds -- the "safest investments" for centuries -- is like being fully margined at the top of the 1929 market. Why Initial Public Offerings are a guaranteed loser's game. Why you should avoid Nasdaq ("the market of the next hundred years") like the plague. Why crisis, panic, and even market downturns are the contrarian investor's best friend. Why the chances of hitting a home run using the Street's best research are worse than being the big winner in the New York State Lottery. Based on cutting-edge research and irrefutable statistics, David Dreman's revolutionary techniques will benefit professionals and laymen alike.
Book Synopsis Predicting the Markets of Tomorrow by : James P. O'Shaughnessy
Download or read book Predicting the Markets of Tomorrow written by James P. O'Shaughnessy and published by Penguin. This book was released on 2006-03-02 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unique and timely new wealth-building strategy from a legendary investment guru In his national bestsellers How to Retire Rich and What Works on Wall Street, portfolio manager extraordinaire James P. O’Shaughnessy offered investors practical advice based on rigorous quantitative analysis—advice that has consistently beaten the market. But in a recent analysis of market data, O’Shaughnessy uncovered some astonishing trends not discussed in his previous books. The Markets of Tomorrow explains O’Shaughnessy’s new research and tells ordinary investors what they must do now to revamp their portfolios. According to O’Shaughnessy, the year 2000 marked the end of a twenty-year cycle that was dominated by the stocks of larger, fastergrowing companies like those in the S&P 500. In the new cycle, the stocks of small and midsize companies are the ones that will outperform the market, along with large company value stocks and intermediate term bonds. O’Shaughnessy describes the number crunching behind his analysis and then shows individual investors exactly how to select the right mix of investments and pick top-performing small and midcap stocks. The Markets of Tomorrow is a loud and clear call to action for every investor who doesn’t want to be left behind.
Book Synopsis Contrarian Investment Strategy by : David N. Dreman
Download or read book Contrarian Investment Strategy written by David N. Dreman and published by Vintage Books USA. This book was released on 1981-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Contrarian Strategy for Growth Stock Investing by : Donald Peters
Download or read book A Contrarian Strategy for Growth Stock Investing written by Donald Peters and published by Praeger. This book was released on 1993 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relatively few academics or practitioners have systematically explored growth stocks. Growth stocks usually involve exciting companies whose sales and earnings are growing significantly faster than other companies and the economy in general. This book finds that high expectation growth stocks or the ones that everyone loves have poor relative returns. Low expectation growth stocks, however, have strong performance. The author uses the PE/GROWTH ratio to rank the market's expectations for these stocks. The book shows how investors may be able to ascertain whether the interests of a public company's management are aligned with those of shareholders. Sophisticated and institutional investors will find the book's thorough analysis and insightful perspective on growth stocks very informative. The short-term mean reverting aspects of growth stocks are uncovered, and other market microstructure anomalies are discussed. The work addresses practical trading ideas and the need for diversification. Ideal as supplemental reading for courses in investment management and finance, this book examines the components of trading costs and presents arguments for a patient trading style.
Book Synopsis Contrarian Investment Strategies by : David Dreman
Download or read book Contrarian Investment Strategies written by David Dreman and published by Simon and Schuster. This book was released on 2012-01-10 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 2008 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.
Book Synopsis Contrarian Investment Strategies by : David N. Dreman
Download or read book Contrarian Investment Strategies written by David N. Dreman and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Contrarian Strategies, Investor Expectations and Sentiments by : Liping Zou
Download or read book Contrarian Strategies, Investor Expectations and Sentiments written by Liping Zou and published by . This book was released on 2015 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study documents that contrarian investment strategies offer superior returns because these strategies exploit investors' expectation errors. The underlying source of these expectation errors may be due to biases on analysts' earnings forecasts. We found both positive earnings surprises and negative earnings surprises significantly affect subsequent returns. Negative earnings surprises have less impact on value stocks relative to glamour stocks. This may contribute to the superior performance from value strategies. We also investigate whether investor sentiment can be an alternative source of value stocks' superior performance. Our results conclude that when the investor sentiment is higher, the value stocks earn significant higher return than glamour stocks.
Book Synopsis Contrarian Ripple Trading by : Aidan J. McNamara
Download or read book Contrarian Ripple Trading written by Aidan J. McNamara and published by John Wiley & Sons. This book was released on 2007-09-10 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrarian Ripple Trading "Contrarian Ripple Trading is a well-written and well-documented observation for stock traders. I especially enjoyed hearing the commonsense behind McNamara and Bro?zyna's method. For those individuals looking to cut through the huge amount of poor information out there, I think you will thoroughly appreciate this book. I found the high percentage of winning trades hard to argue with." --Jason Alan Jankovsky, FOREX trader and author of Trading Rules That Work Making money in today's stock market can be a difficult endeavor, especially if you're not an expert in the worlds of finance or business. Authors Aidan McNamara and Martha Broz?yna--a married couple who work outside the investment world, but who happen to be active traders--can relate to this situation. That's why they've created Contrarian Ripple Trading. Written in a straightforward and accessible style, this reliable resource outlines the approach they've successfully used to capture profits from the stock market for many years. With this book as your guide, you'll quickly discover how you too can effectively implement a low-risk trading technique that consistently generates short-term profits on trades in large capitalization stocks--regardless of whether the market is moving up, down, or sideways. Throughout the book, and in accompanying Appendixes, McNamara and Broz?yna refer to examples of their flawless trading record--1,225 profitable, round-trip trades over a twenty-six month period--to illustrate how contrarian ripple trading can produce a regular stream of profits in many different market conditions. By combining aspects of investing--notably the need for safety and decent returns--with characteristics of short-term speculation, Contrarian Ripple Trading arms you with a technique that can be used to generate a reliable extra income stream through low-risk, short-term stock trading.
Book Synopsis The Triumph of Contrarian Investing by : Nathan E. Davis
Download or read book The Triumph of Contrarian Investing written by Nathan E. Davis and published by McGraw-Hill Companies. This book was released on 2004 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Triumph of Contrarian Investing provides you with analysis and indicators proven to spotlight those points at which investor optimism or pessimism is at its strongest, then show you how to go against the grain - and profit - in virtually every instance."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
Book Synopsis The New Contrarian Investment Strategy by : David N. Dreman
Download or read book The New Contrarian Investment Strategy written by David N. Dreman and published by Random House (NY). This book was released on 1982 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Against the Herd written by Steve Cortes and published by Wiley. This book was released on 2011-12-13 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: CNBC's Fast Money Commentator Steve Cortes shows how to buck the trend and become a well-informed investor The public needs to think independently and not be duped, particularly because those who are selling their messages or promoting their ideas have a plethora of powerful media through which to do so. Against the Herd presents six contrarian views of major events that will shape the future. Steve Cortes of CNBC pulls no punches in explaining these trends. Many will find his views counterintuitive and even controversial. Some will find his forecasts alarming. But open-minded readers who are willing to heed his well-informed advice will find it illuminating, beneficial, and profitable. Steve Cortes presents six contrarian views of major events that will shape the future for investors including the fall of China and the end of the golden era of free trade The contrarian stances are presented because they are actionable Reveals how these events will affect global markets and specific investments, and how and when to take advantage of these key moves Against the Herd shows you how to profit by bucking conventional wisdom and what to do to get ready when situations call for contrarian investing.
Book Synopsis Contrarian Strategies and Investor Expectations by : Mario Levis
Download or read book Contrarian Strategies and Investor Expectations written by Mario Levis and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The rationale for the superior performance of contrarian investment strategies remains a matter of lively debate. The orthodox view maintains that such strategies generate higher returns because they are fundamentally riskier, whereas the behaviorists suggest that the superior performance is a result of systematic errors in investors' expectations about the future. If the behavioral view is accepted, then the debate centers on what the underlying source(s) of such errors are 'naive extrapolation of past performance or biased analysts' earnings forecasts. Using stocks listed on the London Stock Exchange, we found evidence consistent with the view that errors in expectations are more likely to be a result of biases in analysts' earnings forecasts than naive extrapolation of the past. We also found that positive and negative earnings surprises have an asymmetrical effect on the returns of low- and high-rated stocks. Positive earnings surprises have a disproportionately large positive impact on stocks that are priced low relative to four measures of operating performance; negative surprises have a relatively benign effect on such stocks.
