When the recession of 1974 hit Wall Street, the investments profession desperately turned to the theories of a small and unlikely group of academics for guidance in finding a way to regain the value of their clients' holdings. Some of these scholars had begun to study stock prices merely as an expedient way to test the properties of large numbers, but inadvertently, they laid the intellectual foundation for a revolution in commerce. Peter L. Bernstein shows how Wall Street first fought, and then embraced, the advances ...
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When the recession of 1974 hit Wall Street, the investments profession desperately turned to the theories of a small and unlikely group of academics for guidance in finding a way to regain the value of their clients' holdings. Some of these scholars had begun to study stock prices merely as an expedient way to test the properties of large numbers, but inadvertently, they laid the intellectual foundation for a revolution in commerce. Peter L. Bernstein shows how Wall Street first fought, and then embraced, the advances wrought in the academic seminars and technical journals that ultimately transformed the art of investing.
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Seller's Description:
Very Good in Very Good jacket. 1992 edition. Dust jacket is very good. Black cloth boards and binding are very good. Pages are clean and unmarked. 340 pages. LO.
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Seller's Description:
Very good. Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!
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Seller's Description:
Very good. Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Very good. Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!
Well as Groucho Marx said "the stock market is like the casino except the casino is more fun you have women and booze. If I had read this book sooner I would know there were no gurus out there and most of the idiots running the portfolios if they had some good years it was luck. Great book for background and current affairs even though it was written in 1992 it is timely and well written. I just wish I had read it sooner it would have saved me a lot of money. It is really unbelievable. I also recommend "A Fool and His Money" The main point of all this is the public thinks those WAll STreet brokers know more than we do what a joke. Hello Mandoff