"Buy and hold makes sense for the average investor in stocks. Even better, say Stein and DeMuth, is to buy only when prices are low and hold when prices are high, keeping accumulating savings in Treasuries while waiting for low prices. They define low and high prices by historical experience. An interesting and thoughtful analysis."
Professor Milton Friedman
University of Chicago, Hoover Center
Nobel Prize Winner in Economics, 1976
"Wall Street, prepare yourself. Ben and Phil hit the nail on the head with their insightful guide to investing. No gimmicks, no games, just tapping the true power of economics to make sensible investment decisions. Add to that the authors dry wit, and this handbook is a must-read for investors small and large."
Diane C. Swonk
Director of Economics, Chief Economist
Senior Vice President, Bank One Corporation
" The logic and reasoning are persuasive. Stein and DeMuth buttress them with evidence, lots of it. The term valuable properly applies to the guidance of the conclusions."
C. Lowell Harriss
Professor Emeritus of Economics
Columbia University
"How refreshing to read commonsense advice about the stock market! Stein and DeMuths findings are both verifiable and free of quantitative trickery. Whats more, their writing is as clear and straightforward as the methods they recommend."
Martin Fridson
author, It Was a Very Good Year:
Extraordinary Moments in Stock Market History
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"Buy and hold makes sense for the average investor in stocks. Even better, say Stein and DeMuth, is to buy only when prices are low and hold when prices are high, keeping accumulating savings in Treasuries while waiting for low prices. They define low and high prices by historical experience. An interesting and thoughtful analysis."
Professor Milton Friedman
University of Chicago, Hoover Center
Nobel Prize Winner in Economics, 1976
"Wall Street, prepare yourself. Ben and Phil hit the nail on the head with their insightful guide to investing. No gimmicks, no games, just tapping the true power of economics to make sensible investment decisions. Add to that the authors dry wit, and this handbook is a must-read for investors small and large."
Diane C. Swonk
Director of Economics, Chief Economist
Senior Vice President, Bank One Corporation
" The logic and reasoning are persuasive. Stein and DeMuth buttress them with evidence, lots of it. The term valuable properly applies to the guidance of the conclusions."
C. Lowell Harriss
Professor Emeritus of Economics
Columbia University
"How refreshing to read commonsense advice about the stock market! Stein and DeMuths findings are both verifiable and free of quantitative trickery. Whats more, their writing is as clear and straightforward as the methods they recommend."
Martin Fridson
author, It Was a Very Good Year:
Extraordinary Moments in Stock Market History
Imprint | John Wiley & Sons |
Country of origin | United States |
Release date | May 2003 |
Availability | Expected to ship within 7 - 13 working days |
First published | 2003 |
Authors | Ben Stein, Phil DeMuth |
Dimensions | 229 x 152 x 13mm (L x W x T) |
Format | Hardcover |
Pages | 208 |
ISBN-13 | 978-0-471-43016-2 |
Barcode | 9780471430162 |
Categories | |
LSN | 0-471-43016-1 |