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Investing in One Lesson
by Mark Skousen
Regnery Publishing, Inc.; ISBN: 1596985224
Hardcover - 175 pages (October 2007)
Click here for Mark Skousen's appearance schedule “Irrational” is often the only word to describe the financial markets. Down one week, up the next—the stock market is a veritable roller coaster. It takes investors (and their money) to dizzying heights, through frightening lows, and leaves them wondering—is it possible for anyone to navigate the seemingly illogical twists and turns of the stock market and still come out ahead?
Fortunately, the answer is yes. In Investing In One Lesson, investment guru Dr. Mark Skousen clearly reveals the reasons for the unpredictable nature of the stock market and describes the economic, psychological, and even irrational factors that often blindside investors. Most importantly, Dr. Skousen explains why otherwise successful professionals so often fail at investing. Clarifying everything from how and why a company goes public to the effect of macroeconomic and international events on a company’s stock price, Dr. Skousen offers reassurance and reason to bewildered beginning investors and frustrated seasoned investors alike. Lifting back the veil of perplexity and confusion that surrounds the workings of the stock market, Dr. Skousen explains:
- Why good news for the economy is often bad news for the stock market
- Why stocks of old, established companies in shrinking industries tend to be a better investment than shares in rapidly growing firms in cutting-edge fields
- Why stock prices can suddenly skyrocket or collapse—regardless of market fundamentals
- Why initial public offerings often enrich insiders at the expense of the majority of investors
- How Wall Street is like a giant casino—and how it isn’t
Investing In One Lesson is an idiot-proof guide to the stock market, complete with a single strategy for avoiding the pitfalls of “irrational exuberance.” As Skousen reminds all investors: Wall Street is not Main Street—but you can succeed once you know the difference.
Price: $17.79 - Click here to order:
About the Author:
Mark Skousen, Ph.D., is a financial economist, university professor, corporate consultant, and author of over twenty books. Dr. Skousen is editor in chief of the award-winning investment newsletter Forecasts & Strategies and edits three trading services: Skousen Hedge Fund Trader, High Income Alert, and Turnaround Trader. From 2005 to 2007 he was chairman of Investment U, one of the largest investment e-letters in the country. He has taught economics at Columbia Business School, Columbia University, and Rollins College, and is currently the Benjamin Franklin Chair in Management at Gratham University. A former Forbes magazine columnist, Dr. Skousen’s articles have appeared in The Wall Street Journal, The Christian Science Monitor, Reason, and The Journal of Economic Perspectives. |
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