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.

The New Finance: The Case Against Efficient Markets (2nd Edition)

Business & Money

Haugen, Robert A.

Economics

PRENTICE/HALL

This book offers accurate and intuitive coverage of investments, with an emphasis on portfolio theory. It includes extensive discussion of capital asset pricing, arbitrage pricing, pricing of derivative securities, interest rates, and bond management. Stock valuation, estimating future earnings and dividends, and fixed income markets are examined closely. For individuals interested investing and portfolio management.

Modern Investment Theory (5th Edition)

Investing

Pearson

Sparked with wit and humor, this clever and insightful book provides clear evidence that the stock market is inefficient. In the author's view, models based on rational economic behavior cannot explain important aspects of market behavior. The book tackles important issues in today's financial market in a highly conversational and entertaining manner that will appeal to most readers. Chapter topics include: estimating expected return with the theories of modern finance, estimating portfolio risk and expected return with ad hoc factor models, payoffs to the five families, predicting future stock returns with the expected-return factor model, super stocks and stupid stocks, the international results, the topography of the stock market, the positive payoffs to cheapness and profitability, the negative payoff to risk, and the forces behind the technical payoffs to price-history. For anyone who wants to learn more about today's financial markets.

The Inefficient Stock Market

It presents a comprehensive and organized collection of the evidence contradicting market efficiency. Sets forth and synthesizes a paradigm shift in financial economics, exploring rational finance, behavioral finance, and the new finance. This book provides revolutionary and controversial ideas lending to the acceptance of the notion that capital markets are inefficient. Portfolio Managers, Financial Analysts, and Security Analysts.

The New Finance: Overreaction, Complexity, and Uniqueness

Pearson College Div

Shows how price-driven volatility explains many of the mysteries associated with stock price behavior. Covers the excess volatility problem of Shiller; the equity premium puzzle of Mehra and Prescot; the private information hypothesis of French and Roll; and shows why professionals have a difficult time beating the market. Portfolio Managers, Brokers, and Investment Bankers.

Beast on Wall Street

A comprehensive guide to the management of financial portfolios, intended for use by introductory graduates or intermediate undergraduates with a minimal level of expertise in mathematics and statistics. Coverage includes background on securities and markets; statistical concepts; combining individual securities into portfolios; risk, expected return, and performance measurement; asset pricing models and theories; measuring portfolio performance; interest rates and bond management; pricing derivative securities; the effect of taxes on investment strategy and securities taxes; and stock valuation. Several case studies are included. Annotation c. by Book News, Inc., Portland, Or.

Modern Investment Theory

This book offers accurate and intuitive coverage of investments, with an emphasis on portfolio theory.   It includes extensive discussion of capital asset pricing, arbitrage pricing, pricing of derivative securities, interest rates, and bond management. Stock valuation, estimating future earnings and dividends, and fixed income markets are examined closely.   For individuals interested investing and portfolio management.

Modern investment theory

This book offers accurate and intuitive coverage of investments, with an emphasis on portfolio theory. It includes extensive discussion of capital asset pricing, arbitrage pricing, pricing of derivative securities, interest rates, and bond management. Stock valuation, estimating future earnings and dividends, and fixed income markets are examined closely. For individuals interested investing and portfolio management.

The New Finance contains a comprehensive and organized collection of evidence and arguments that develop a persuasive case for an inefficient, complex and, at times, nearly chaotic stock market. Search for the Grail; The Old Finance; How Long is the Short Run?; The Ancient Finance; The Past and the Future; The Race Between Value and Growth; Surprise or Risk Premium?; “Bearing” Risk in the Stock Market; The Holy Grail; The Real Determinants of Expected Stock Returns; Dangerous Conversation; Rational Finance, Behavioral Finance, and the New Finance; Final Words, 2008 Financial Crisis MARKET: For readers interested in a unique perspective on making the case for the inefficient stock market.

The New Finance: Overreaction, Complexity, and Their Consequences

Finance

Multi Pack: Options, Futures and Other Derivatives (International Edition) and Modern Investment Theory (International Edition) and Performing ... Cookbook AND The Psychology of Investing

Nofsinger, John R.

HULL, JOHN C.

Seiler, Michael

Pearson/Education

See the best price to sell, buy, or rent books by Haugen, Robert A.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Haugen, Robert A.

See the best price to sell, buy, or rent books by Haugen, Robert A.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

The New Finance: The Case Against Efficient Markets (2nd Edition)

Modern Investment Theory (5th Edition)

The Inefficient Stock Market

The New Finance: Overreaction, Complexity, and Uniqueness

Beast on Wall Street

Modern Investment Theory

Modern investment theory

Modern investment theory

The New Finance: Overreaction, Complexity, and Their Consequences

Multi Pack: Options, Futures and Other Derivatives (International Edition) and Modern Investment Theory (International Edition) and Performing ... Cookbook AND The Psychology of Investing