Mathematician Plays the Stock Market by John Allen Paulos (2003, Hardcover)

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About this product

Product Identifiers

PublisherBasic Books
ISBN-100465054803
ISBN-139780465054800
eBay Product ID (ePID)2329193

Product Key Features

Number of Pages224 Pages
Publication NameMathematician Plays the Stock Market
LanguageEnglish
Publication Year2003
SubjectInvestments & Securities / Analysis & Trading Strategies, General, Investments & Securities / Stocks
TypeTextbook
Subject AreaMathematics, Business & Economics
AuthorJohn Allen Paulos
FormatHardcover

Dimensions

Item Weight13.4 Oz
Item Length8.2 in
Item Width5.5 in

Additional Product Features

Intended AudienceTrade
LCCN2002-156215
Dewey Edition22
TitleLeadingA
Dewey Decimal332.632042
SynopsisFrom America's wittiest writer on mathematics, a lively and insightful book on the workings of stock markets and the basic irrationality of our dreams of wealth, Can a renowned mathematician successfully outwit the stock market? Not when his biggest investment is WorldCom.In A Mathematician Plays the Stock Market , best-selling author John Allen Paulos employs his trademark stories, vignettes, paradoxes, and puzzles to address every thinking reader's curiosity about the market--Is it efficient? Is it random? Is there anything to technical analysis, fundamental analysis, and other supposedly time-tested methods of picking stocks? How can one quantify risk? What are the most common scams? Are there any approaches to investing that truly outperform the major indexes?But Paulos's tour through the irrational exuberance of market mathematics doesn't end there. An unrequited (and financially disastrous) love affair with WorldCom leads Paulos to question some cherished ideas of personal finance. He explains why "data mining" is a self-fulfilling belief, why "momentum investing" is nothing more than herd behavior with a lot of mathematical jargon added, why the ever-popular Elliot Wave Theory cannot be correct, and why you should take Warren Buffet's "fundamental analysis" with a grain of salt.Like Burton Malkiel's A Random Walk Down Wall Street , this clever and illuminating book is for anyone, investor or not, who follows the markets--or knows someone who does.
LC Classification NumberHG4515.15.P38 2003
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