Author: Walter Thornton Ray
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 98
Book Description
Rational Stock Speculation ...
Author: Walter Thornton Ray
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 98
Book Description
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 98
Book Description
Rational Stock Speculation ...
Author: Walter Thornton Ray
Publisher: Palala Press
ISBN: 9781347637166
Category :
Languages : en
Pages : 94
Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Publisher: Palala Press
ISBN: 9781347637166
Category :
Languages : en
Pages : 94
Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
The Rational Investor
Author: Edward F. Mrkvicka, Jr.
Publisher: Irwin Professional Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
Book Description
Publisher: Irwin Professional Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
Book Description
Toward Rational Exuberance
Author: B. Mark Smith
Publisher: Macmillan
ISBN: 0374281777
Category : Business & Economics
Languages : en
Pages : 358
Book Description
Traces the evolution of popular theories of stock market behavior, showing how they have become widely accepted over time and clarifying some of those them.
Publisher: Macmillan
ISBN: 0374281777
Category : Business & Economics
Languages : en
Pages : 358
Book Description
Traces the evolution of popular theories of stock market behavior, showing how they have become widely accepted over time and clarifying some of those them.
Bursting the Bubble: Rationality in a Seemingly Irrational Market
Author: David F. DeRosa
Publisher: CFA Institute Research Foundation
ISBN: 1952927110
Category : Business & Economics
Languages : en
Pages : 206
Book Description
The presence of speculative bubbles in capital markets (an important area of interest in financial history) is widely accepted across many circles. Talk of them is pervasive in the media and especially in the popular financial press. Bubbles are thought to be found primarily in the stock market, which is our main interest, although bubbles are said to occur in other markets. Bubbles go hand in hand with the notion that markets can be irrational. The academic community has a great interest in bubbles, and it has produced scholarly literature that is voluminous. For some economists, doing bubble research is like joining the vanguard of a Kuhnian paradigm shift in economic thinking. Not so fast. If bubbles did exist, they would pose a serious challenge to neoclassical finance. Bubbles would contradict the ideas that markets are rational or work in an informationally efficient manner. That’s what makes the topic of bubbles interesting. This book reviews and evaluates the academic literature as well as some popular investment books on the possible existence of speculative bubbles in the stock market. The main question is whether there is convincing empirical evidence that bubbles exist. A second question is whether the theoretical concepts that have been advanced for bubbles make them plausible. The reader will discover that I am skeptical that bubbles actually exist. But I do not think I or anyone else will ever be able to conclusively prove that there has never been a bubble. From studying the literature and from reading history, I find that many famous purported bubbles reflect inaccurate history or mistakes in analysis or simply cannot be shown to have existed. In other instances, bubbles might have existed. But in each of those cases, there are credible rational explanations. And good evidence exists for the idea that even if bubbles do exist, they are not of great importance to understanding the stock market.
Publisher: CFA Institute Research Foundation
ISBN: 1952927110
Category : Business & Economics
Languages : en
Pages : 206
Book Description
The presence of speculative bubbles in capital markets (an important area of interest in financial history) is widely accepted across many circles. Talk of them is pervasive in the media and especially in the popular financial press. Bubbles are thought to be found primarily in the stock market, which is our main interest, although bubbles are said to occur in other markets. Bubbles go hand in hand with the notion that markets can be irrational. The academic community has a great interest in bubbles, and it has produced scholarly literature that is voluminous. For some economists, doing bubble research is like joining the vanguard of a Kuhnian paradigm shift in economic thinking. Not so fast. If bubbles did exist, they would pose a serious challenge to neoclassical finance. Bubbles would contradict the ideas that markets are rational or work in an informationally efficient manner. That’s what makes the topic of bubbles interesting. This book reviews and evaluates the academic literature as well as some popular investment books on the possible existence of speculative bubbles in the stock market. The main question is whether there is convincing empirical evidence that bubbles exist. A second question is whether the theoretical concepts that have been advanced for bubbles make them plausible. The reader will discover that I am skeptical that bubbles actually exist. But I do not think I or anyone else will ever be able to conclusively prove that there has never been a bubble. From studying the literature and from reading history, I find that many famous purported bubbles reflect inaccurate history or mistakes in analysis or simply cannot be shown to have existed. In other instances, bubbles might have existed. But in each of those cases, there are credible rational explanations. And good evidence exists for the idea that even if bubbles do exist, they are not of great importance to understanding the stock market.
Economists and the Stock Market
Author: J. Patrick Raines
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Book Description
The recent global financial crisis and role of the stock market led to many questioning how the international financial system operates. The authors of this book offer insights into these issues, contrasting speculative explanations with the efficient markets hypothesis.
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Book Description
The recent global financial crisis and role of the stock market led to many questioning how the international financial system operates. The authors of this book offer insights into these issues, contrasting speculative explanations with the efficient markets hypothesis.
The Psychology of Speculation
Author: Henry Howard Harper
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 134
Book Description
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 134
Book Description
How Rational is the Stock Market Towards Properties of Analyst Consensus Forecasts?
Author: Huai Zhang
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 61
Book Description
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 61
Book Description
Positive Feedback Investment Strategies and Destabilizing Rational Speculation
Author: J. Bradford De Long
Publisher:
ISBN:
Category : Investments
Languages : en
Pages : 28
Book Description
Publisher:
ISBN:
Category : Investments
Languages : en
Pages : 28
Book Description
Successful Stock Speculation
Author: John James Butler
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 118
Book Description
Publisher:
ISBN:
Category : Speculation
Languages : en
Pages : 118
Book Description