Stock Market Logic: A Sophisticated Approach to Profits on Wall Street
$14.98
| Author(s) | |
|---|---|
| Format |
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| Pages |
394 |
| Published Date |
1976 |
Stock Market Logic: A Sophisticated Approach to Profits on Wall Street, offers comprehensive coverage of the stock market for investors and professionals, and presents a coherent philosophy, showing how investors with reasonable objectives can use this approach to reap steady rewards. It outlines a financial management system to measure the market and keep score, and explains how to use market logic and mutual funds to maximize profit and reduce risk. Offers investment techniques, indicators, and ideas for making a profit in the stock market, together with advice on developing a financial management system.
Introduction:
This book is directed toward a definition of what objectives are reasonable and the development of a sophisticated and rational approach to the realization of those objectives. Part One, Stock Market Indicators, is devoted to an in-depth analysis of the vast array of techniques which have been developed over the years to forecast stock market trends. Part Two, Econometrics and the Stock Market, describes the integration of the stock market indicators into useful econometric forecasting models, and explains the advantages of an econometric approach to stock market prediction.
A number of possible answers to the then logically ensuing question of what stocks should be bought are explored in Part Three, Stock Selection Theories. The seemingly endless number of techniques for picking winners are shown to be but variations on a handful of basic themes, most of which are of dubious value. There are surely many paths to success, but Part Four, Stock Selection: From Theory to Practice, concentrates on an approach that combines a rational theory with a long history of superior results.
The next step to making money on Wall Street is learning to apply the tools of portfolio management, covered in Part Five, A Total Financial Management System. After defining objectives, several methods, some common and some unorthodox, of improving total returns and adjusting risk levels are explored.
Part Six, Measuring the Market: Keeping Score, explains how to measure relative performance to learn if your portfolio is doing better than someone throwing a handful of darts at a page of stock listings might do by chance alone; in short, you will be shown how to truly distinguish between winning and losing performances. Part Seven, Using Market Logic, describes a total investment advisory approach utilizing the logical investment framework revealed in this book.
Part Eight, The Mutual Fund Alternative, unveils a new method of profit maximization and risk reduction using these popular investment and trading vehicles. Finally, for those who fear that a random walk still lurks somewhere on Wall Street waiting to trip up investors seeking above average profits, breathe easier. The concluding Part Nine, A Run Down Random Walk Street, allays those fears by tripping up the random walk instead.
Contents:
- STOCK MARKET INDICATORS
- ECONOMETRICS AND THE STOCK MARKET
- STOCK SELECTION THEORIES
- STOCK SELECTION: FROM THEORY TO PRACTICE
- A TOTAL FINANCIAL MANAGEMENT SYSTEM
- MEASURING THE MARKET: KEEPING SCORE
- USING MARKET LOGIC
- THE MUTUAL FUND ALTERNATIVE
- A RUN DOWN RANDOM WALK STREET
Stock Market Logic: A Sophisticated Approach to Profits on Wall Street By Norman G. Fosback pdf
18 reviews for Stock Market Logic: A Sophisticated Approach to Profits on Wall Street
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Talia Skinner (verified owner) –
Perfect
Carmelo Estes (verified owner) –
I did enjoyed reading the book and is very informative for anyone who might be interesting in the stock market
Barbara Edwards (verified owner) –
Excellent book on stock markets
Brett Bernard (verified owner) –
Great book!
Maria Jaramillo (verified owner) –
This book presents dozens (more than 40) of technical indicators that help to anticipate changes in the stock market. For a “human” it is too much and difficult to use, which makes it possible to retain a few considered more relevant and therefore the performance is worse! But for a machine (software…) it opens up interesting prospects; -)
The book also has the merit of indicating those who, although widespread, have no predictive power.
Rayne Dougherty (verified owner) –
Those of you who have tried to tackle the area of market timing and TA should use this as the base book to understanding and APPLYING technical analysis. IT is not limited to TA in that it will present a comprehensive analysis of the major factors to look at in trading the markets. Start with this book if you are a beginner and if advanced — buy it to reinforce or test your foundation. If you can understand the approach of this book and learn how to apply the a base set of concepts, you will improve your trading skill and profits.
Brittany Holloway (verified owner) –
If you ever had a question about almost any stock market indicator, measure or index, Mr. Fosback will provide an answer. Not only does he give you the definition of the item in question, he then will give you his opinion of its usefullness. Going one step further, he will many times also give you an improved version as well.
Readers of his “Mutual Fund Forcaster” and other newsletters will find in-depth analysis of Mr. Fosback’s favorite measures of market health.
This book is like a short course in understanding the stockmarket. If you read it you will probably know more than most professors!
Keith Solomon (verified owner) –
The kind of investment book that is so clearly written and so dense with knowledge that you can and will read it over and over and find new understandings year after year. If you don’t have this on your shelf, you are missing out on a tremendous too.
Guillermo Fields (verified owner) –
One can learn a variety of ways to measure risk in the stock market.
Gregory Gonzales (verified owner) –
If you are interested in a long-term investing this is the book for you.
Among other things, it shows that time in the market beats *timing* the market
Hadley Hebert (verified owner) –
If you’re thinking you are going to sit and read and not want to drop it, you’d be wrong. It will take some dedication to finish this book. It is not that engaging.
Weston Davila (verified owner) –
While the information is considerably out of date and shouldn’t be followed directly, the approach to testing and measuring indicators is far better than most advice around today. Very little mathematical ability is required to get a sense for the ideas in the book, and it is a good read.
Sutton Neal (verified owner) –
A classic!
Adrian Hutchinson (verified owner) –
Great book.
Ridge Henderson (verified owner) –
This book is a comprehensive guide to investing in the stock market. It provides an in-depth analysis of stock market trends and offers readers strategies for analyzing market movements and making profitable investments.
The author presents complex concepts in a clear and concise manner. The writing style is analytical and well-researched, making the book an informative read for both novice and experienced investors.
The book covers a wide range of topics including technical analysis, fundamental analysis, market timing, and risk management. The author emphasizes the importance of using a sophisticated approach to investing and provides readers with practical tools and techniques to make informed investment decisions.
The book is highly effective in teaching the subject matter. The author provides a step-by-step approach to understanding the stock market and offers numerous real-world examples to illustrate key concepts.
The book provides a comprehensive overview of various investment strategies, including those used by professional traders. The author also provides unique insights into market behavior and psychology that are essential for successful investing.
The book is filled with helpful examples and explanations that make complex concepts easy to understand. The author provides numerous charts and graphs to illustrate key points and provides practical tips for implementing investment strategies.
The book can be dense at times and may be overwhelming for readers who are new to investing. Some readers may find the technical language and charts difficult to follow.
This book is a must-read for serious investors who are looking for a sophisticated approach to investing in the stock market. Novice investors may find the book challenging, but it is an excellent resource for those who are committed to learning about the stock market and making informed investment decisions.
Mylah Wilkerson (verified owner) –
AAA+
Jamie Christensen (verified owner) –
Very informative and straight to the point in analyzing many indicators. It is well-rounded in its approach and definitely backs up the author’s conclusions with concrete, repeatable analysis.
Macie Russell (verified owner) –
Dense material presented in a well written, straightforward manner. I couldn’t ask for more.