The philosophy behind the perfect funding methods of all time
Investment philosophies are as distinctive because the people who observe them. In his newest endeavor, funding knowledgeable and NYU Stern School of Business professor Aswath Damodaran goes past funding methods and appears on the particular person underlying philosophies that assist these methods. He explores all the time-tested funding philosophies which have labored over the long term, and discusses the best traders who made these philosophies so well-known. Investment Philosophies will expose readers to a variety of funding philosophies in order to present them a way of what drives traders in every philosophy, how they try to put these philosophies into observe, and what determines final success. In doing this, Damodaran offers an unbiased discussion board for the presentation of various funding philosophies, whereas supplying the tools-the definition and measurement of danger, the notion of market effectivity and check for inefficiencies, and the parts and determinants of buying and selling costs-and the empirical proof for readers to make their very own judgments on the funding philosophy that matches their particular funding objectives and views of how markets work. Filled with helpful insights and knowledgeable recommendation, this guide reveals varied funding philosophies to a common viewers of traders, not purely to skilled traders.
Aswath Damodaran (New York, NY) is Professor of Finance at New York University’s Leonard N. Stern School of Business. He is the writer of Applied Corporate Finance (Wiley: 0-471-33042-6) and Investment Valuation (Wiley: 0-471-41488-3).