000 02811cam a2200313 a 4500
001 16825167
003 JGU
005 20240528020008.0
007 Hard bound
008 110613s2012 nyua b 001 0 eng
010 _a 2011023716
020 _a9780743297967
035 _a(OCoLC)ocn731191983
040 _aDLC
_beng
_cDLC
_dVP@
_dC#P
_dDLC
042 _apcc
082 0 0 _a332.6019
_223
_bDR-C
100 1 _aDreman, David
_9108707
245 1 0 _aContrarian investment strategies
_bthe psychological edge
260 _aNew York
_bFree Press
_c2012
300 _aviii, 481 p.
_bill.
_c24 cm.
500 _a"Revised and updated edition of: Contrarian investment strategies : the next generation "--T.p. verso.
504 _aIncludes bibliographical references (p. [443]-450) and index.
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"--
650 0 _aInvestment analysis.
_958255
650 0 _aInvestments
_xPsychological aspects.
_964525
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
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942 _2ddc
_cBK
_02
999 _c2092150
_d2092150