.jpg)
In A Mathematician Plays the Stock Market, best-selling author John Allen
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 (and even a film treatment), Paulos addresses every
thinking reader's curiosity about the market: Is it efficient? Is it
rational? 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? What light do fractals,
network theory, and common psychological foibles shed on investor behavior?
Are there any approaches to investing that truly outperform the major
indexes? Can a deeper knowledge of mathematics help beat the odds? All of
these questions are explored with the engaging erudition that made Paulos's
A Mathematician Reads the Newspaper and Innumeracy favorites with both
armchair mathematicians and readers who want to think like them. Paulos also
shares the cautionary tale of his own long and disastrous love affair with
WorldCom. In the tradition of Burton Malkiel's A Random Walk Down Wall Street
and Jeremy Siegel's Stocks for the Long Run, this wry and illuminating book
is for anyone, investor or not, who follows the markets -- or knows someone
who does.
Table Of Contents:
1 Anticipating Others' Anticipations 1
2 Fear, Greed, and Cognitive Illusions 13
3 Trends, Crowds, and Waves 37
4 Chance and Efficient Markets 57
5 Value Investing and Fundamental Analysis 85
6 Options, Risk, and Volatility 117
7 Diversifying Stock Portfolios 141
8 Connectedness and Chaotic Price Movements 163
9 From Paradox to Complexity 187
Bibliography 203
Index 205
Product Details:
* ISBN: 0465054803
* ISBN-13: 9780465054800
* Format: Hardcover, 224pp
* Publisher: Perseus Publishing
* Pub. Date: May 2003
One Response to "A Mathematician Plays the Stock Market"