Contrarian investment strategies : the next generation : beat the market by going against the crowd. David Dreman

Что такое Форекс - Books about Forex, Trading, Stock Exchange
19.11.11 13:19
Название: Contrarian investment strategies : the next generation : beat the market by going against the crowd.

Автор: David Dreman.

   This publication contains the opinions and ideas of its author and is designed to provide useful advice in regard to the subject matter covered. It is sold with the understanding that the author and publisher are not engaged in rendering legal, financial, or other professional services. If the reader requires expert assistance or legal advice, a competent professional should be consulted.
   The author and publisher specifically disclaim any responsibility for liability, loss, or risk, personal or otherwise, that is incurred as a consequence, directly
or indirectly, of the use and application of any of the contents of this book.

    Most ideas do not originate in a vacuum, and this is certainly true of this work. I have been fortunate to have been able to exchange views with some excellent thinkers on the Street. In particular, I'd like to thank Jim Michaels, the editor-in-chief of Forbes, who I regard as the original contrarian, for being an invaluable mentor to me as a columnist for that magazine for almost twenty years. Jeff Schuss, John Dorfman, and the late Ted Halligan and Vartanig G. Vartan also constantly challenged and developed my thinking.
I am privileged to be acquainted with some of the pioneers studying the psychology of markets. I've known Paul Slovic, one of the fathers of cognitive psychology, for over two decades, and am indebted to him for both his research and ideas. The same is true of the late Amos Tversky, one of the leading figures in this valuable discipline. Dr. Peter Neubauer, an internationally recognized psychiatrist, has also been important in influencing my thinking over the years. I would also like to thank members of the Board of the Institute of Psychology and Markets: Professor Vernon Smith, a pioneer in conducting experiments on investor behavior in markets; Professor Fred Renwick, a respected and original investment thinker; Arnie Wood, the President of Martingale Asset Management, and Professors John Schott and Richard Geist of the Harvard Medical School, all dedicated to helping investors understand the important influences of psychology in markets.


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