Wall Street Revalued: Imperfect Markets and Inept Central Bankers By Andrew Smithers
2009 | 289 Pages | ISBN: 0470750057 | PDF | 3 MB
2009 | 289 Pages | ISBN: 0470750057 | PDF | 3 MB
I thought Smithers first book "Valuing Wall Street" was fantastic book and really changed my view of how to value the stock market. I bought Wall Street Revalued because the first book was so good, but I was disappointed. Other than an interesting chapter on the fed model as a predictor of stock returns and the usefulness of historical returns as a viable alternative when q data is unavailable, I thought the book didn't offer anything new and was kind of boring.