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Brenda DietzThe Random Walk and Beyond
An Inside Guide to the Stock Market
by Mark A. Johnson🔰 The Random Walk and Beyond ~ CLICK HERE 🔰
- Release date: February 10, 1988
- Format: hardcover, 245 pages
- Author: Mark A. Johnson
- ISBN: 9780471632238 (0471632236)
- Publisher: Wiley
- Language: english
About The Book
A lucid, witty, and intelligent guide to modern investment theory, the evidence for and against it, and how to translate theory into practical investment strategies. Explains the Random Walk” or the Efficient Market Hypothesis and shows what it means, where it is true, where it is not — and how investors can take advantage of the areas in which it is not true to earn greater profits without increased risk. Examines concepts of value, how the numbers can lie, diversification, market risk, out-of-favor stocks, little stocks and market timing. Forbes columnist Kenneth Fisher wrote of Johnson’s book: Indispensable for those wanting to bypass Wall Street’s most common dead ends.”
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