Jeff hood (39 risultati)

Paperback. Condizione: Very Good. Efficient Market Theory is based largely on the concept of crowd wisdom - that a large group of people casting their collective votes in the stock market produces correct stock prices and hence an efficient market. However, we know from experience that the stock market is not entirely efficient, and sometimes produces wildly incorrect prices. This book explores the various criteria that are required for crowd wisdom to manifest in a financial marketplace, these being: 1) incentives; 2) independence; 3) diversity of opinion; 4) decentralization; 5) knowledge; and 6) rationality. A fundamental premise of this book is that a proper understanding of crowd wisdom criteria, and the ability to detect when these criteria are lacking in the market, is a significant benefit in identifying mispriced securities. In particular, this book explores the various behavioral and psychological biases that affect market participants, what we call the Foolishness of the Crowd. The predictability of this Foolishness, i.e., the predictability of these biases in a crowd setting such as the stock market, produces reliable offsets from crowd wisdom, i.e., stock mispricings. This book then proposes an investment framework based in part on the investor's inefficient rationale - his articulated understanding, based on the above crowd wisdom criteria, as to exactly why the market is mispricing a particular stock. The investment framework also utilizes the wisdom from a select value investing crowd to both identify and help confirm good investment opportunities. The investor who adheres to this investment framework essentially places the full benefit of crowd wisdom and knowledge into his corner, including both the wisdom of the crowd and predictable departures from this wisdom.…

Paperback. Condizione: Very Good. Efficient Market Theory is based largely on the concept of crowd wisdom - that a large group of people casting their collective votes in the stock market produces correct stock prices and hence an efficient market. However, we know from experience that the stock market is not entirely efficient, and sometimes produces wildly incorrect prices. This book explores the various criteria that are required for crowd wisdom to manifest in a financial marketplace, these being: 1) incentives; 2) independence; 3) diversity of opinion; 4) decentralization; 5) knowledge; and 6) rationality. A fundamental premise of this book is that a proper understanding of crowd wisdom criteria, and the ability to detect when these criteria are lacking in the market, is a significant benefit in identifying mispriced securities. In particular, this book explores the various behavioral and psychological biases that affect market participants, what we call the Foolishness of the Crowd. The predictability of this Foolishness, i.e., the predictability of these biases in a crowd setting such as the stock market, produces reliable offsets from crowd wisdom, i.e., stock mispricings. This book then proposes an investment framework based in part on the investor's inefficient rationale - his articulated understanding, based on the above crowd wisdom criteria, as to exactly why the market is mispricing a particular stock. The investment framework also utilizes the wisdom from a select value investing crowd to both identify and help confirm good investment opportunities. The investor who adheres to this investment framework essentially places the full benefit of crowd wisdom and knowledge into his corner, including both the wisdom of the crowd and predictable departures from this wisdom.…

Paperback. Condizione: Good. Efficient Market Theory is based largely on the concept of crowd wisdom - that a large group of people casting their collective votes in the stock market produces correct stock prices and hence an efficient market. However, we know from experience that the stock market is not entirely efficient, and sometimes produces wildly incorrect prices. This book explores the various criteria that are required for crowd wisdom to manifest in a financial marketplace, these being: 1) incentives; 2) independence; 3) diversity of opinion; 4) decentralization; 5) knowledge; and 6) rationality. A fundamental premise of this book is that a proper understanding of crowd wisdom criteria, and the ability to detect when these criteria are lacking in the market, is a significant benefit in identifying mispriced securities. In particular, this book explores the various behavioral and psychological biases that affect market participants, what we call the Foolishness of the Crowd. The predictability of this Foolishness, i.e., the predictability of these biases in a crowd setting such as the stock market, produces reliable offsets from crowd wisdom, i.e., stock mispricings. This book then proposes an investment framework based in part on the investor's inefficient rationale - his articulated understanding, based on the above crowd wisdom criteria, as to exactly why the market is mispricing a particular stock. The investment framework also utilizes the wisdom from a select value investing crowd to both identify and help confirm good investment opportunities. The investor who adheres to this investment framework essentially places the full benefit of crowd wisdom and knowledge into his corner, including both the wisdom of the crowd and predictable departures from this wisdom.…

Condizione: New.

Paperback or Softback. Condizione: New. Inefficient Market Theory: An Investment Framework Based on the Foolishness of the Crowd. Book.

Paperback. Condizione: Good. Efficient Market Theory is based largely on the concept of crowd wisdom - that a large group of people casting their collective votes in the stock market produces correct stock prices and hence an efficient market. However, we know from experience that the stock market is not entirely efficient, and sometimes produces wildly incorrect prices. This book explores the various criteria that are required for crowd wisdom to manifest in a financial marketplace, these being: 1) incentives; 2) independence; 3) diversity of opinion; 4) decentralization; 5) knowledge; and 6) rationality. A fundamental premise of this book is that a proper understanding of crowd wisdom criteria, and the ability to detect when these criteria are lacking in the market, is a significant benefit in identifying mispriced securities. In particular, this book explores the various behavioral and psychological biases that affect market participants, what we call the Foolishness of the Crowd. The predictability of this Foolishness, i.e., the predictability of these biases in a crowd setting such as the stock market, produces reliable offsets from crowd wisdom, i.e., stock mispricings. This book then proposes an investment framework based in part on the investor's inefficient rationale - his articulated understanding, based on the above crowd wisdom criteria, as to exactly why the market is mispricing a particular stock. The investment framework also utilizes the wisdom from a select value investing crowd to both identify and help confirm good investment opportunities. The investor who adheres to this investment framework essentially places the full benefit of crowd wisdom and knowledge into his corner, including both the wisdom of the crowd and predictable departures from this wisdom.…

Condizione: As New. Unread book in perfect condition.

Condizione: New.

Condizione: New.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New.

Condizione: New.

Condizione: New. pp. 220.

Condizione: New. pp. 220.

Condizione: As New. Unread book in perfect condition.

Condizione: New.

HRD. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

HRD. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Condizione: New. Print on Demand.

Buch. Condizione: Neu. Neuware - False virtue delves into how many in modern society have adopted a form of cheap virtue as a replacement for true virtue. For readers who want to understand the seemingly inexplicable conduct that we see today in our sociopolitical arena.We live in a culture of instant gratification where many are searching for the 'quick fix' or the immediate easy solution, whether it be in the realms of health, beauty, entertainment, wealth, or status. There is perhaps no better example of this than society's current relationship to virtue. Unfortunately, today many have replaced any notion of true virtue with a cheap counterfeit form - conduct designed solely for near-term virtue recognition and status without regard for any long-term consequences. In this book, we explore the nature of false virtue, including its origins, essential characteristics, and its many and varied forms, as well as the role of relative time preference in the need for virtue recognition. False virtue is the root cause of many of the evils of the modern world, and at its heart this book is a call for an awakening, something that is desperately needed to save Western culture.…

Paperback. Condizione: New.

Paperback. Condizione: New.

Paperback. Condizione: new. Paperback. False virtue delves into how many in modern society have adopted a form of cheap virtue as a replacement for true virtue. For readers who want to understand the seemingly inexplicable conduct that we see today in our sociopolitical arena.We live in a culture of instant gratification where many are searching for the "quick fix" or the immediate easy solution, whether it be in the realms of health, beauty, entertainment, wealth, or status. There is perhaps no better example of this than society's current relationship to virtue. Unfortunately, today many have replaced any notion of true virtue with a cheap counterfeit form - conduct designed solely for near-term virtue recognition and status without regard for any long-term consequences. In this book, we explore the nature of false virtue, including its origins, essential characteristics, and its many and varied forms, as well as the role of relative time preference in the need for virtue recognition. False virtue is the root cause of many of the evils of the modern world, and at its heart this book is a call for an awakening, something that is desperately needed to save Western culture. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

Paperback. Condizione: new. Paperback. False virtue delves into how many in modern society have adopted a form of cheap virtue as a replacement for true virtue. For readers who want to understand the seemingly inexplicable conduct that we see today in our sociopolitical arena. We live in a culture of instant gratification where many are searching for the "quick fix" or the immediate easy solution, whether it be in the realms of health, beauty, entertainment, wealth, or status. There is perhaps no better example of this than society's current relationship to virtue. Unfortunately, today many have replaced any notion of true virtue with a cheap counterfeit form - conduct designed solely for near-term virtue recognition and status without regard for any long-term consequences. In this book, we explore the nature of false virtue, including its origins, essential characteristics, and its many and varied forms, as well as the role of relative time preference in the need for virtue recognition. False virtue is the root cause of many of the evils of the modern world, and at its heart this book is a call for an awakening, something that is desperately needed to save Western culture. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

Paperback / softback. Condizione: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days.

Hardcover. Condizione: new. Hardcover. False virtue delves into how many in modern society have adopted a form of cheap virtue as a replacement for true virtue. For readers who want to understand the seemingly inexplicable conduct that we see today in our sociopolitical arena.We live in a culture of instant gratification where many are searching for the "quick fix" or the immediate easy solution, whether it be in the realms of health, beauty, entertainment, wealth, or status. There is perhaps no better example of this than society's current relationship to virtue. Unfortunately, today many have replaced any notion of true virtue with a cheap counterfeit form - conduct designed solely for near-term virtue recognition and status without regard for any long-term consequences. In this book, we explore the nature of false virtue, including its origins, essential characteristics, and its many and varied forms, as well as the role of relative time preference in the need for virtue recognition. False virtue is the root cause of many of the evils of the modern world, and at its heart this book is a call for an awakening, something that is desperately needed to save Western culture. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…