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Michael Maiello - Buy the Rumor, Sell the Fact: 85 Maxims of Investing and What They Really Mean [Repost]

Posted By: rotten comics
Michael Maiello - Buy the Rumor, Sell the Fact: 85 Maxims of Investing and What They Really Mean [Repost]

Michael Maiello - Buy the Rumor, Sell the Fact: 85 Maxims of Investing and What They Really Mean
2004 | ISBN: 0071427953 | English | 256 pages | PDF | 1 MB

These maxims are part of the gospel of Wall Street, repeated so often that, to many, they are beyond question. Unfortunately, they can be wrong–and traders who blindly follow them can get burned. Buy the Rumor, Sell the Fact examines 85 of these "insights" to reveal the meaning behind each, discover its factual support or lack thereof, and advise investors on which to follow and which to just plain ignore. Devoting two to four pages to each maxim, this valuable book examines:

Maxims that seem to contradict each other–and why both versions may often be correct
Perilous adages that may work–but then again, may not
The thought, culture, and impact of today's Wall Street