Contrarian Investing: Buy and Sell When Others Won't and Make Money Doing it (Selection of money book club) - Hardcover

Gallea, Anthony M.; Patalon III, William

Hardcover

ISBN 10: 0735200009 ISBN 13: 9780735200005

Publisher: NYIF, 1997

Synopsis

Explains how independent thinking can lead to potential profits in the market, including advice on the best percentage of a portfolio to place in each stock, the single best buy signal, and rules for knowing when to sell

About this title

From the Author:

Some new twists on a time-proven thesis
In our book, Tony Gallea and I studied years of research (including some completed in 1997, shortly before we published our book), that underscores how the Contrarian approach to investing boosts returns, slashes risk and, to be honest, is just plain fun because you are going against the common wisdom. Our feeling was that Contrarian investing too often involves the need to have a "gut feeling" to gauge market sentiment. We used the research we discovered to create some simple trading guidelines that work very well to maximize returns and minimize risk (a piece of the investment equation we sadly too often think little about).These guidelines serve as "proxies" for the market sentiment that's so hard to gauge. As a 15-year finance journalist, currently a business reporter for The Baltimore Sun,I have all too often seen the kinds of investment mistakes that people make again and again. In our book, we show you how to avoid those pitfalls -- while of course also showing you how to make money. It's an education and those who have read our book say it's a fun read. We hope you enjoy reading it as much as we did writing it. The Wizard kindly describes our book as "a well-researched, entertaining read on the subject (that) more importantly...provides a practical strategy." He also says the recent research we included sets our book apart from previous works on the Contrarian Art.

Synopsis:

In this work, the authors describe an investment discipline backed by years of research, with a codified series of contrarian trading rules that focus on increasing returns while attempting to avoid risk. It is written for both the professional investor or the researcher.

About this edition

• Publisher: NYIF
• Publication date: 1997
• ISBN 10: 0735200009
• ISBN 13: 9780735200005
• Binding: Hardcover
• Edition number: 1
• Number of pages: 279