Contranian Investment Strategy

Contranian Investment Strategy

Author: Pan Macmillan Editorial Team

ISBN: 9780743297967

Price: Rs. 1199.00 • ✓ 100% Genuine Publisher Edition

Book Overview

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. The need to switch to a new approach for investing has never been more urgent. The Crash of 2007 revealed in dramatic fashion that there are glaring flaws in the theory that underlies all of the prevailing investment strategiesefficient market theory. This theory, and all of the most popular investing strategies, fail to account for major, systematic errors in human judgment that the powerful new research in psychology David Dreman introduces has revealed, such as emotional over-reactions and a host of mental shortcuts in judgment that lead to wild over and under-valuations of stocks, bonds, and commodities and to bubbles and crashes. It also leads to horribly flawed assessments of risk. Dreman shows exactly how the new psychological findings definitively refute those strategies and reveals how his alternative contrarian strategies do a powerful job of accounting for them. He shows readers how by being aware of these new findings, they can become saavy psychological investors, crash-proofing their portfolios and earning market beating long-term returns. He also introduces a new theory of risk and substantially updates his core contrarian strategies with a number of highly effective methods for facing the most pressing challenges in the coming years, such as greatly increased volatility and the prospect of inflation. This is every investors essential guide to optimal investing.

Browse this title within our Analysis & Strategy collection. Edition details: Paperback, en, 224 pages. Reference ISBN: 9780743297967.

About the Author

Pan Macmillan Editorial Team is an acclaimed author whose published works are celebrated internationally for their narrative mastery and enduring reader appeal.

Book Specifications & Quick Facts

Reading Level
Students & Academic Researchers
Language & Format
en • Paperback
ISBN Reference
9780743297967
Publisher
Simon and Schuster
Pan-India Delivery
Dispatches in 24–48 Hours across India

What is this book about?

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. The need to switch to a new...

Who should read this book?

Valuable for university students, educators, and scholars seeking authoritative reference material and structured subject mastery.

Why Readers Pick This Edition

  • You’ll love this book if you want to think differently—and smarter—about investing. David Dreman goes beyond charts and formulas to reveal how human psychology quietly drives market booms, busts, and costly mistakes. This revised classic gives you a disciplined, contrarian framework to spot mispriced assets and manage risk when emotions run high. It’s a premium, insight‑rich reference that sharpens your judgment and helps you invest with confidence when others panic.
  • Published by Simon and Schuster.
  • Language: en.
  • Page count: 224.

Catalog Description

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. The need to switch to a new approach for investing has never been more urgent. The Crash of 2007 revealed in dramatic fashion that there are glaring flaws in the theory that underlies all of the prevailing investment strategiesefficient market theory. This theory, and all of the most popular investing strategies, fail to account for major, systematic errors in human judgment that the powerful new research in psychology...

Browse the Full Analysis & Strategy

Enjoyed Contranian Investment Strategy? Explore our complete Analysis & Strategy collection to discover more titles you will love. We carry a wide range of genuine editions with fast delivery across India.

Also Found In

More Books in Analysis & Strategy

View all Analysis & Strategy books →

Browse More on BookPyramid

Discover our Best Sellers, check out New Arrivals, or browse Award-Winning Books. You can also explore books by your favourite authors on our Authors page.