The New Finance: The Case Against Efficient Markets - Brossura

Haugen, Robert A.

Brossura

ISBN 10: 0130102288 ISBN 13: 9780130102287

Casa editrice: Prentice Hall, 1999

Riassunto

The Second Edition makes the case for the inefficient market, positioning the efficient market paradigm at the extreme end of a spectrum of possible states. It presents a comprehensive and organized collection of the evidence and the arguments which constitute a strong and persuasive case for over-reactive markets. Updates the expected 30-year future returns to growth and value stocks. Adds a much more comprehensive study of the international evidence on the relative returns to growth and value stocks. Includes a critique of the FAMA?the French three-factor model. Presents new evidence exploring how expensive stocks tend to have rapid trailing earnings growth but not rapid future growth. Offers new evidence demonstrating the nature of subsequent earnings revisions for cheap and expensive stocks. An excellent book for professionals in the financial market field.

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Product Description

Book by Haugen Robert A

Dettagli dell'edizione

• Editore: Prentice Hall
• Data di pubblicazione: 1999
• Lingua: Inglese
• ISBN 10: 0130102288
• ISBN 13: 9780130102287
• Rilegatura: Copertina flessibile
• Numero di pagine: 144
• Contatto del produttore: non disponibile
• Persona responsabile: Riccardo Bacigalupo; riccardo.bacigalupo@sanoma.it; ; Sanoma Italia Via Arconati, 1 �; Milano; 20135; Italia