000 01774nam a2200205 4500
999 _c406
_d406
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008 190911b ||||| |||| 00| 0 eng d
020 _a9780130323668
082 _a332.6322
_bHAU
100 _aHaugen, Robert A.
_91190
245 _aThe inefficient stock market
250 _a2nd
260 _aNew Delhi
_bPearson India Education Services Pvt. Ltd.
_c2002
300 _av, 138 p.
365 _aINR
_b9797.00
504 _aTable of Contents 1. Introduction. I. WHAT. 2. Estimating Expected Return with the Theories of Modern Finance. 3. Estimating Portfolio Risk and Expected Return with Ad Hoc Factor Models. 4. Payoffs to the Five Families. 5. Predicting Future Stock Returns with the Expected-Return Factor Model. 6. Counterattack-The First Wave. 7. Super Stocks and Stupid Stocks. 8. The International Results. II. WHY. 9. The Topography of the Stock Market. 10. The Positive Payoffs to Cheapness and Profitability. 11. The Negative Payoff to Risk. 12. The Forces Behind the Technical Payoffs to Price History. 13. Counterattack-The Second Wave. 14. The Roads to Heaven and Hell. 15. The Wrong 20-Yard Line.
520 _aDescription Intended for Financial Markets and Institutions, and Money and Capital Markets courses at the undergraduate level. Sparked with wit and humor, this clever and insightful text provides clear evidence that the stock market is inefficient. In the author's view, important aspects of market behavior cannot be explained by models based on rational economic behavior. Would you be interested in a supplement that explores evidence that markets may be inefficient? If so, how might this affect investments decisions?
650 _aStock Market
_91191
942 _2ddc
_cBK