What Works on Wall Street Fourth Edition The Classic Guide to the Best Performing Investment Strategies of All Time

Author: James O'Shaughnessy
Publisher: McGraw Hill Professional
ISBN: 0071625763
Format: PDF, Kindle
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One of the most popular investing books of all time—updated with brand-new benchmarked strategies! InWhat Works on Wall Street, Fourth Edition, acclaimed portfolio manager James O’Shaughnessy provides long-term strategies that have always beaten the markets, and he explains how to make them work for you. He cuts right to the chase, examining actual historic performance figures to illustrate which strategies have provided investors with the best returns, which should be avoided at all costs, and why. Comprehensively updated from its bestselling third edition, this investor classic goes beyond the hype and rumor to focus on actual results—and tell you what smart investors are doing now. What Works on Wall Streetreflects O'Shaughnessy's newest research and provides the latest, most innovative strategies for the market as a whole, as well for individual sectors. It offers fresh new benchmarked strategies for: All-Cap Buy Back Yield Small Cap Core Small Cap Earnings Growth All Cap Core Cornerstone Blend Tiny Titans Mid- to Large-Cap Core Plus, you get NEW in-depth sector analysis, charts and graphs! Praise for previous editions ofWhat Works on Wall Street "What investment strategies have worked over the last 40 years? Ask this man." Barron's “What Works on Wall Streetis indisputably a major contribution to empirical research on the behavior of common stocks in the United States….Conceivably, the influence ofWhat Works on Wall Streetwill 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 Works on Wall Street

Author: James O'Shaughnessy
Publisher: McGraw Hill Professional
ISBN: 0071469613
Format: PDF, ePub, Docs
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"A major contribution . . . on the behavior of common stocks in the United States." --Financial Analysts' Journal The consistently bestselling What Works on Wall Street explores the investment strategies that have provided the best returns over the past 50 years--and which are the top performers today. The third edition of this BusinessWeek and New York Times bestseller contains more than 50 percent new material and is designed to help you reshape your investment strategies for both the postbubble market and the dramatically changed political landscape. Packed with all-new charts, data, tables, and analyses, this updated classic allows you to directly compare popular stockpicking strategies and their results--creating a more comprehensive understanding of the intricate and often confusing investment process. Providing fresh insights into time-tested strategies, it examines: Value versus growth strategies P/E ratios versus price-to-sales Small-cap investing, seasonality, and more

Quantitative Value Web Site

Author: Wesley R. Gray
Publisher: John Wiley & Sons
ISBN: 1118328078
Format: PDF, ePub, Docs
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Legendary investment gurus Warren Buffett and Ed Thorp represent different ends of the investing spectrum: one a value investor, the other a quant. While Buffett and Thorp have conflicting philosophical approaches, they agree that the market is beatable. In Quantitative Value, Wesley Gray and Tobias Carlisle take the best aspects from the disciplines of value investing and quantitative investing and apply them to a completely unique and winning approach to stock selection. As the authors explain, the quantitative value strategy offers a superior way to invest: capturing the benefits of a value investing philosophy without the behavioral errors associated with "stock picking." To demystify their innovative approach, Gray and Carlisle outline the framework for quantitative value investing, including the four key elements of the investment process: How to avoid stocks that can cause a permanent loss of capital: Learn how to uncover financial statement manipulation, fraud, and financial distress How to find stocks with the highest quality: Discover how to find strong economic franchises and robust financial strength. Gray and Carlisle look at long-term returns on capital and assets, free cash flow, and a variety of metrics related to margins and general financial strength The secret to finding deeply undervalued stocks: Does the price-to-earnings ratio find undervalued stocks better than free cash flow? Gray and Carlisle examine the historical data on over 50 valuation ratios, including some unusual metrics, rare multi-year averages, and uncommon combinations The five signals sent by smart money: The book uncovers the signals sent by insiders, short sellers, shareholder activists, and institutional investment managers After detailing the quantitative value investment process, Gray and Carlisle conduct a historical test of the resulting quantitative value model. Their conclusions are surprising and counterintuitive. This reliable resource includes a companion website that offers a monthly-updated screening tool to find stocks using the model outlined in the book, an updated back-testing tool, and a blog about recent developments in quantitative value investing. For any investor who wants to make the most of their time in today's complex marketplace, they should look no further than Quantitative Value.

Millennial Money

Author: Patrick O'Shaughnessy
Publisher: Macmillan
ISBN: 1137279257
Format: PDF, ePub
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A portfolio manager highlights the most common money mistakes that can hurt the Millennial generation's' long term investment returns and introduces strategies to build wealth and overcome financial and investing shortcomings geared specifically for their age group.

Invest Like the Best

Author: James P. O'Shaughnessy
Publisher: McGraw-Hill Companies
ISBN: 9780079137548
Format: PDF, ePub
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Provides advice on how to analyze and profit from investment information by using a computer program that imitates the investment strategies used by professional money managers

How to Retire Rich

Author: James P. O'Shaughnessy
Publisher: Broadway
ISBN:
Format: PDF, Mobi
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A guide to investing for retirement provides advice on how to construct investments, warnings about common investment obstacles, and real-life examples

Smarter Investing in Any Economy

Author: Michael J. Carr
Publisher: Traders Press
ISBN: 9781934354056
Format: PDF, ePub, Mobi
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After running millions of relative strength calculations, Carr proves that relative strength investing works in any market climate. By strictly following his methodologies outlined in this book, you may more than double the returns of the S&P 500, with less risk.

Quantitative Strategies for Achieving Alpha

Author: Richard Tortoriello
Publisher: McGraw Hill Professional
ISBN: 0071549854
Format: PDF
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Alpha, higher-than-expected returns generated by an investment strategy, is the holy grail of the investment world. Achieve alpha, and you've beaten the market on a risk-adjusted basis. Quantitative Strategies for Achieving Alpha was borne from equity analyst Richard Tortoriello's efforts to create a series of quantitative stock selection models for his company, Standard & Poor's, and produce a “road map” of the market from a quantitative point of view. With this practical guide, you will gain an effective instrument that can be used to improve your investment process, whether you invest qualitatively, quantitatively, or seek to combine both. Each alpha-achieving strategy has been extensively back-tested using Standard & Poor's Compustat Point in Time database and has proven to deliver alpha over the long term. Quantitative Strategies for Achieving Alpha presents a wide variety of individual and combined investment strategies that consistently predict above-market returns. The result is a comprehensive investment mosaic that illustrates clearly those qualities and characteristics that make an investment attractive or unattractive. This valuable work contains: A wide variety of investment strategies built around the seven basics that drive future stock market returns: profitability, valuation, cash flow generation, growth, capital allocation, price momentum, and red flags (risk) A building-block approach to quantitative analysis based on 42 single-factor and nearly 70 two- and three-factor backtests, which show the investor how to effectively combine individual factors into robust investment screens and models More than 20 proven investment screens for generating winning investment ideas Suggestions for using quantitative strategies to manage risk and for structuring your own quantitative portfolios Advice on using quantitative principles to do qualitative investment research, including sample spreadsheets This powerful, data intensive book will help you clearly see what empirically drives the market, while providing the tools to make more profitable investment decisions based on that knowledge--through both bull and bear markets.

Your Next Great Stock

Author: Jack Hough
Publisher: John Wiley & Sons
ISBN: 9780470187517
Format: PDF, ePub, Mobi
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A comprehensive look at how to profit from the power of stock screening With thousands of stocks to choose from, how can you find the best ones to invest in? Simple: start with a handful of clues that tend to predict outstanding returns, and then search the entire market in seconds for stocks that are producing those clues. That's stock screening, and it's the best way—the only way, really—to consistently beat the market. Written by experienced investment journalist Jack Hough, Your Next Great Stock reveals the most powerful screen strategies ever produced. The strategies are easy to follow. If you have Internet access and can balance a checkbook, you can find winning stocks with this book as your guide. You'll learn how to find young companies poised for explosive growth, mature companies whose true profit potential is temporarily hidden, and more. Stop relying on overrated stock tips. Start using proven screening strategies to find your next great stock.

Finding 1 Stocks

Author: Kevin Matras
Publisher: John Wiley & Sons
ISBN: 1118057996
Format: PDF, ePub
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Practical trading tools and techniques developed by Zacks Investment Research While there are many stock trading systems on the market today, that use a variety of different approaches and indicators, the approach used by Zacks Investment Research is built around the number one driver of stock prices: company earnings. Based on Zacks Research Wizard product, this book provides you with market beating stock selection techniques and advice on how to build your own stock selection system. This practical guide discloses several trading methods that have outperformed the market for a long period of time and shows you how to screen stocks and develop selection criteria to build various types of stock portfolios, such as aggressive growth; growth and income; momentum; and value. Highlights several of Zacks trading methods that have outperformed the market for extended periods of time Discusses how to create customized systems incorporating elements of the Zacks approach with other types of fundamental and technical data Includes a 30-day free subscription to Zacks Research Wizard software Written with the serious investor in mind, Finding #1 Stocks will put you in a better position to excel in today's dynamic markets.