Investing in One Lesson - Hardcover

Skousen, Mark

Hardcover

ISBN 10: 1596985224 ISBN 13: 9781596985223

Publisher: Regnery, 2007

Synopsis

Why are the smartest, most successful professionals so often failures when it comes to investing? Can stock prices really be so illogical that even doctors and lawyers can't figure them out? Ultimately, is it possible for anyone to decipher the financial markets?
Fortunately, the answer is yes. In Investing In One Lesson, investment guru Mark Skousen clearly and convincingly reveals the reasons for the seemingly perverse, unpredictable nature of the stock market. Drawing upon his decades of experience as an investment advisor, writer, and professor, Dr. Skousen explains in one spirited, easy-to-follow lesson why stock prices fluctuate with such apparent irrationality. Lifting back the veil of perplexity and confusion that surrounds the workings of the stock market, Dr. Skousen explains:

*Why good news for the economy is often bad news for the stock market
*Why stocks of old, established companies in shrinking industries tend to be a better investment than shares in rapidly growing firms in cutting-edge fields
*Why stock prices can suddenly skyrocket or collapse--regardless of market fundamentals
*Why initial public offerings often enrich insiders at the expense of the majority of investors
*How Wall Street is like a giant casino--and how it isn't

The perfect investment primer, Investing In One Lesson provides an introduction to everything from day trading to contrary investing to chart-based techniques. Dr. Skousen's book concludes with a comprehensive but simple investment strategy to maximize your returns without having to dedicate countless hours to researching the market. Dr. Skousen packs his book with entertaining personal and professional anecdotes illustrating his central point--that the business of investing is not the same as investing in a business. He offers investors a wide-ranging but accessible course on investing history, psychology, and strategy--all in one lesson.

About this title

From the Back Cover

"If you could identify one lesson of investing, what would it be?"

This question, repeatedly asked of Mark Skousen by everyday investors, intrigued the stock market expert. Could he sum up his decades-long experience as an investment advisor, professor, and writer in a single lesson? Was it possible both to explain the cryptic workings of the stock market and also relate a comprehensive investing strategy in just one book? This book represents the definitive answer to that question. With Investing In One Lesson, Dr. Skousen has compiled a primer that will put even the most baffled investor on the road to success in the stock market. Mixing sober investment guidance with compelling stories from Dr. Skousen's years of exploration in the stock market jungle, Investing In One Lesson is an engaging, indispensable guide for surviving and thriving in the peculiar universe of Wall Street.

About the Author

Mark Skousen, Ph.D., is a financial economist, university professor, corporate consultant, and author of over twenty books. Dr. Skousen is editor in chief of the award-winning investment newsletter Forecasts & Strategies and edits three trading services: Skousen Hedge Fund Trader, High Income Alert, and Turnaround Trader. From 2005 to 2007 he was chairman of Investment U, one of the largest investment e-letters in the country. He has taught economics at Columbia Business School, Columbia University, and Rollins College, and is currently the Benjamin Franklin Chair in Management at Gratham University. A former Forbes magazine columnist, Dr. Skousen's articles have appeared in The Wall Street Journal, The Christian Science Monitor, Reason, and The Journal of Economic Perspectives.

Edition details

• Publisher: Regnery
• Publication date: 2007
• ISBN 10: 1596985224
• ISBN 13: 9781596985223
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 175