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A Mathematician Plays the Stock Market Revised Edition
Contributor(s): Paulos, John Allen (Author)

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 ISBN: 0465054811     ISBN-13: 9780465054817
Publisher: Basic Books
OUR PRICE: $20.99  

Binding Type: Paperback - See All Available Formats & Editions
Published: May 2004
Qty:

Annotation: Paulos demonstrates what the tools of mathematics can tell us about the vagaries of the stock market. Employing his trademark stories, vignettes, paradoxes, and puzzles, Paulos addresses every thinking reader's curiosity about the market.
Additional Information
BISAC Categories:
- Business & Economics | Investments & Securities - Stocks
Dewey: 332.632
Physical Information: 0.62" H x 5.35" W x 8.04" L (0.42 lbs) 224 pages
Features: Price on Product
Review Citations: New York Times 10/03/2004 pg. 34
Kliatt 09/01/2004 pg. 50
 
Descriptions, Reviews, Etc.
Publisher Description:
Can a renowned mathematician successfully outwit the stock market? Not when his biggest investment is WorldCom. In A Mathematician Plays the Stock Market, best-selling author John Allen Paulos employs his trademark stories, vignettes, paradoxes, and puzzles to address every thinking reader's curiosity about the market -- Is it efficient? Is it random? Is there anything to technical analysis, fundamental analysis, and other supposedly time-tested methods of picking stocks? How can one quantify risk? What are the most common scams? Are there any approaches to investing that truly outperform the major indexes? But Paulos's tour through the irrational exuberance of market mathematics doesn't end there. An unrequited (and financially disastrous) love affair with WorldCom leads Paulos to question some cherished ideas of personal finance. He explains why data mining is a self-fulfilling belief, why momentum investing is nothing more than herd behavior with a lot of mathematical jargon added, why the ever-popular Elliot Wave Theory cannot be correct, and why you should take Warren Buffet's fundamental analysis with a grain of salt. Like Burton Malkiel's A Random Walk Down Wall Street, this clever and illuminating book is for anyone, investor or not, who follows the markets -- or knows someone who does.
 
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