Contrarian investment strategies : the psychological edge / David Dreman.
Author: Dreman, David N.
Edition: Rev. and updated ed.
Publisher: New York : Free Press, 2012.
ISBN: 9780743297967 (hbk.)
Description: viii, 481 p. : ill. ; 24 cm.
Subject: Investment analysis.
Investments Psychological aspects.
Contents: pt. 1. What state-of-the-art psychology shows us. Planet of the bubbles ; The perils of affect ; Treacherous shortcuts in decision making -- pt new Dark Ages. Conquistadors in tweed jackets ; It's only a flesh wound ; Efficient markets and Ptolemaic epicyclcles -- pt. 3. Flawed forecasting and poor investment returns. Wall Street's addiction to forecasting ; How big a long shot will you play? ; Nasty surprises and neuroeconomics -- pt. 4. Market overreaction: the new investment paradigm. A powerful contrarian approach to profits ; Profiting from investors' overreactions ; Contrarian strategies within industries ; Investing in a new, alien world ; Toward a better theory of risk -- pt. 5. The challenges and opportunities ahead. They're gambling with your money ; The not-so-invisible hand.
Summary: "In this major revision of his investment classic, one of the premier investment managers introduces vitally important new findings in psychology that show why most investment strategies are fatally flawed and his contrarian strategies are the best way to beat the market."--Provided by publisher.