詹姆斯·奧肖內西,奧肖內西資産管理公司主席兼CEO,該公司是一傢位於康涅狄格州的資産管理公司。奧肖內西曾在貝爾斯登擔任投資組閤經理、係統證券主任與高級管理主任。他是證券定量化分析與投資管理領域的專傢。同時他還善於投資模型與調研決策係統的運作。從1995年開始。他就將標準普爾數據庫的投資策略數據進行定量化分析,並將結果整理到他的著作《投資策略實戰分析》中,這本書是馳名華爾街的經典暢銷書。奧肖內西因其投資策略而榮獲美國專利,並被福布斯網站評為最傳奇的投資者之一。
This title offers long-term strategies that have always beaten the markets, and how to make them work for you. "What Works on Wall Street, Third Edition", cuts straight to the chase, examining actual historic performance figures to tell you which strategies have provided investors with the best returns, which should be avoided at all costs, and why. Comprehensively updated from its bestselling second edition, this investor classic goes beyond hype and rumor to focus on actual results, and tell you what smart investors are doing now. 'O'Shaughnessy's conclusion that some strategies do produce consistently strong results while others underperform could shake up the investment business' - Barron's. '"What Works on Wall Street" is indisputably a major contribution to empirical research on the behavior of common stocks in the United States! Conceivably, the influence of "What Works on Wall Street" will prove immense' - "The Financial Analysts' Journal".'O'Shaughnessy's latest, "What Works on Wall Street", is a serious inquiry into the investment strategies that stand up under long-term scrutiny and is refreshing research for every investor' - "Stocks and Commodities". 'O'Shaughnessy's study is already making waves in the investment community! Could well become a classic' - "Smart Money". 'James O'Shaughnessy has enshrined P/S in the investing hall of fame in his superb new book, "What Works on Wall Street"' - James K. Glassman, "The Washington Post". 'What investment strategies have worked over the last 40 years? Ask this man' - "Barron's".For many investors, the stock market is little more than a guessing game. The stock market bubble of the late 1990s had many investors convinced that the rules of the game had changed and that this time, it really was different. "What Works on Wall Street, Third Edition" - with all new data through 2003 - shows that it's never different this time. Armed with earlier editions of this book, investors would have avoided the devastation visited on the high risk stocks that were the favorites of investors during the bubble. "What Works on Wall Street, Third Edition", takes the guesswork out of your investment decision-making. This in-depth, updated and data-driven book looks at key strategies and benchmarks that millions of investors rely on to make their investment decisions, and tells you which of these tools have provided investors with the best long-term results.Acclaimed author and portfolio manager James P. O'Shaughnessy presents factual, unbiased and unexpected findings that prove you can do vastly better than the market simply by consistently using stock selection strategies that have withstood the test of time. Moreover, these five decades of results warn investors to steer clear of some popular investment strategies that are toxic to your wealth. Expanded to include how various investment strategies perform when used on All Stocks, Large Stocks, Market Leaders and Small Stocks, this new edition of the book also covers all the new research O'Shaughnessy has conducted since the last edition.Which investment strategies are winners - and which are losers? What factors most reliably indicate that a stock will rise or fall? Are value strategies better than growth? Do small capitalization stocks do better than large? What's the worst-case scenario for the various investment strategies and how long did it take for them to recover? Do these strategies work outside the United States?"What Works on Wall Street" answers these questions and outlines a methodical, scientific, and results-based method for making intelligent stock market decisions. 'To make the best investment plans for the future, investors need access to unbiased, long-term performance results,' O'Shaughnessy writes. And that is exactly what he gives you in this history-making book. James P. O'Shaughnessy is the Director of Systematic Equity for Bear Stearns Asset Management and a Senior Managing Director of the firm. O'Shaughnessy's investment strategies have been featured in "The Wall Street Journal", "Barron's", "The New York Times", "The Washington Post", "Investor's Business Daily", "The Financial Times", London's "Daily Mail", Japan's "Nikkei Shimbun Daily", and many other publications worldwide, as well as on NBC's "Today Show," "The Oprah Winfrey Show," CNBC and CNN.
發表於2025-01-30
What Works on Wall Street 2025 pdf epub mobi 電子書 下載
1、大市值低PE,迴避小市值低PE。要買小市值高PE,預示著成長性。 2、每股賬麵價值與股價的比率測試。買低股價/賬麵價值比的大盤股,收益高於大盤股復閤收益兩倍,且夏普比率高,穩定性和策略持續性強。 3、最牛就是市銷比,低市銷比選股策略是對照值得五倍,而且大盤股的穩...
評分1、投資策略長期會嚮其長期均值迴歸 2、人的非理性,知易行難 3、small cap去掉micro cap之後,效果變弱。micro很難介入,操作性差。 “當你使用本書中所強調的投資策略來尋求最大收益時,你最終隻會選擇小盤股以及micro股票。我認為這不隻是市值的原因,而是因為這類股票的定...
評分 評分這本書和作者[詹姆斯·奧肖內西]在《聰明的投資者》第1章書評中被賈森·茲威格直接點名抨擊,原因是這位“不知名”的作者通過分析既往美股市場數據製定瞭一套用於預測和判斷未來市場的投資模型,申請專利並且成立基金公司。可是經過市場檢測後作者跑路瞭,他的信奉者和追隨者財...
評分很不錯,給五星。理念是行為金融學解釋瞭市場定價可能是錯的,方法是通過量化迴測找齣長期定價錯誤發生概率最大的那一類股票,結論很明確。雖然不一定可以直接應用到A股,但非常值得參考…… 倒數第二章的最後一部分是精華,用整本書700頁的量化分析最後導齣結論:價值投資(價...
圖書標籤: 投資 金融 投資 金融傳記&分析 股票 為瞭生活 交易 s
隻是一些backtesting結果的羅列,沒什麼內容,看來James O'Shaughnessy隻是想掙點版稅。
評分隻是一些backtesting結果的羅列,沒什麼內容,看來James O'Shaughnessy隻是想掙點版稅。
評分非常不錯,應該是我看過的關於股票最好的書,根據因子投資。
評分1、大市值低PE,迴避小市值低PE。要買小市值高PE,預示著成長性。2、每股賬麵價值與股價的比率測試。買低股價/賬麵價值比的大盤股,收益高於大盤股復閤收益兩倍,且夏普比率高,穩定性和策略持續性強。3、最牛就是市銷比,低市銷比選股策略是對照值得五倍,而且大盤股的穩定性大,sharpe達到49。4、high-yielding stocks
評分非常不錯,應該是我看過的關於股票最好的書,根據因子投資。
What Works on Wall Street 2025 pdf epub mobi 電子書 下載