The traditional rules of Wall Street--what's right, what's wrong, and how investors can distinguish between the two
Buy on Monday, sell on Friday". . . "Don't catch falling knives". . . "The trend is your friend". . .
These maxims are part of the gospel of Wall Street, repeated so often that, to many, they are beyond question. Unfortunately, they can be wrong--and traders who blindly follow them can get burned. Buy the Rumor, Sell the Fact examines 85 of these "insights" to reveal the meaning behind each, discover its factual support or lack thereof, and advise investors on which to follow and which to just plain ignore. Devoting two to four pages to each maxim, this valuable book examines:
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Today's Most Refreshingly Straightforward Guidebook to the Real Rules of Wall Street
"Buy the Dips" ... "Don't catch falling knives" ... "The trend is your friend" ...
These trading maxims--and dozens like them--are repeated so often, by everyone from stockbrokers and advisors to stock market pundits, that for many investors they are fact. But when it's your own money on the line, how can you know which slogans should be followed, which should be ignored, and how to tell the difference?
In Buy the Rumor, Sell the Fact, Forbes staff writer Michael Maiello takes an unbiased look at more than 75 of these "rules" to determine if they have value for investors in today's fast-changing markets--and, if so, what that value is. Before you place your next trade, let this engaging and easy-to-understand book show you how to:
As an independent investor, you need to understand the everyday language of the markets before you can consistently profit from your investments. Buy the Rumor, Sell the Fact takes you inside that language to help you craft investment guidelines that apply to you, and only you, in your quest to make safe and sound investment decisions.About the Author:
Michael Maiello (New York, NY) is a senior reporter and writer for Forbes. A frequent guest on CNNfn's "Journalist's Roundtable" and CNN's "Money Weekend," Maiello also contributes to the San Francisco Chronicle, the Santa Fe Reporter, and the New York Times Book Review.
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Book Description McGraw-Hill. PAPERBACK. Book Condition: New. 0071427953 100% satisfaction money back guarantee. Bookseller Inventory # 6003256
Book Description McGraw-Hill, 2004. Paperback. Book Condition: New. 1. Bookseller Inventory # DADAX0071427953
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Book Description McGraw-Hill, 2004. Paperback. Book Condition: New. book. Bookseller Inventory # 0071427953
Book Description McGraw-Hill, 2004. Paperback. Book Condition: New. New item. Bookseller Inventory # QX-132-35-9637009