Advance Praise for MONEY MACHINE: “Gary Smith’s Money Machine should be on the shelf of any investor right next to Security Analysis by Graham and Dodd.”— Andrew D. Sloves, former Managing Director, JP Morgan “Filled with common sense and an uncommon level of insight, Smith delivers a book that should be required reading for all investors.”— Chris Nelson, Chief Financial Officer, Universal Studios Hollywood “Smith combines key concepts from finance, statistics, and psychology into a must-read book for any investor.”— Karl J. Meyer, Business Development, Kleiner Perkins Caufield & Byers “Money Machine is an essential read for any investor looking to improve their understanding of how to make money in financial markets today.”— Mike Schimmel, Managing Director/Portfolio Manager, Kayne Anderson Capital Advisors “This is the most comprehensive book I’ve read regarding faults in logic and math that plague investors, amateur and professional. This is an outstanding book!”— Bob McClure, McClure Investment Management, LLC “A joyful crusade through the world of economics, behavioral science, value investing, market dynamics, and their intersection with common sense. Gary Smith’s Money Machine is a must-read.” — Simeon Nestorov, Managing Director, Berkeley Square Inc. “Smith has again done a masterful job of simplifying the complicated and provides an insightful fact-based, common sense tool for investing.”— Joe Berchtold, Chief Operating Officer, Live Nation Entertainment “Smith is a brilliant writer who uses statistical analysis and commonsense storytelling to articulate his important message…Cash is King. I highly recommend this book to any serious long-time investor.”— Scott Green, Venture Capitalist, 270 Capital “Psst! I got a tip for ya! Gary Smith’s Money Machine is a rare pleasure—a book about investing that makes you laugh out loud. Smith uses a series of telling stories about investors, students, friends, and so-called experts to drive home his point that investing is about creating value, year after year, and not about yelling 'Buy! Sell!' all day in response to the latest blips on the ticker board.”— Charles Euchner, Center for an Urban Futur
MONEY MACHINE jetzt bestellen!
Autoren/Hrsg.
Weitere Infos & Material
CONTENTS Forewordxi Introductionxiii Part I: Value Investing 1. Seeing Through the Hype3 2. Speculation Versus Investing6 3. Semi-Efficient Markets10 4. Torturing Data31 5. Baubles and Bubbles45 6. Intrinsic Value61 7. Investment Benchmarks79 8. The Conservation of Value111 9. We're Only Human124 Part II: Value Investing Applied 10. The Right Attitude147 11. KISS158 12. Timing the Market169 13. Picking Stocks176 14. Closed-End Funds 200 15. Special Opportunities214 16. Investing in Your Home241 Appendix to Chapter 16259 Afterword: Summing It Up263 References271 Index293
Gary Smith, Ph.D., is a professor of economics at Pomona College. His research has been featured in The New York Times, The Wall Street Journal, Forbes, Motley Fool, Newsweek, and BusinessWeek.
