Investment Fables: Exposing the Myths of “Can’t Miss” Investments Strategies
Aswath Damodaran
539 pages, Paperback
ISBN: 0131403125
ISBN13:
Language: English
Publish: 1072944000000
The truth about 13 of today’s most widely touted investment strategies. You’ve heard ’em. (Maybe even from your broker!) They’re the “can’t lose” investment stories that promise you a no-risk path to profits … And on, and on, and on … They sound good. But do they really work? You’re about to find out. In Investment Fables, one of the world’s leading investment researchers runs the numbers on 13 of today’s most widely touted strategies, objectively answering the questions your broker can’t answer. Has it worked over the long term? Over the short term? If it made sense once, does it still make sense? Are the promised benefits a statistical mirage? Could it work, as one part of your investment strategy? What are the downsides–and how can you mitigate them? If you want to make smarter investment decisions, you’ll find this book utterly indispensable.