The Heretics of Finance: Conversations With the Leading Practioners of Technical Analysis - Couverture rigide

Lo, Andrew W.; Hasanhodzic, Jasmina

Couverture rigide

ISBN 10 : 1576603164 ISBN 13 : 9781576603161

Editeur : Bloomberg Press, 2009

Synopsis

""This book provides extraordinary insight into both the art of technical analysis and the character of the successful trader. Distinguished MIT professor Andrew W. Lo and researcher Jasmina Hasanhodzic interviewed thirteen highly successful, award-winning market professionals who credit their substantial achievements to technical analysis. Together, these lively and candid interviews tell the story of technical analysis in the words of the people who know it best. The first half of the book focuses on the technicians' careers: how and why they learned technical analysis, what market conditions increase their chances of making mistakes, what their average workday is like, to what extent trading controls their lives, whether they work on their own or with a team, and how their style of technical analysis is unique. The second half concentrates on technical analysis and addresses questions such as the following. Did the lack of validation by academics ever cause you to doubt technical analysis? Can technical analysis be applied to other disciplines? How do you prove the validity of the method? How has computer software influenced the craft? What is the role of luck in technical analysis? Are there laws that underlie market action? What traits characterize a highly successful trader? How do you test patterns before you start using them with real money? Interviewees include: Ralph J. Acampora, Laszlo Birinyi Jr., Walter Deemer, Paul F. Desmond, Gail M. Dudack, Robert J. Farrell, Ian McAvity, John J. Murphy, Robert R. Prechter Jr., Linda Bradford Raschke, Alan R. Shaw, Anthony W. Tabell, Stan Weinstein.

A propos du livre

Présentation de l'éditeur

The Heretics of Finance provides extraordinary insight into both the art of technical analysis and the character of the successful trader. Distinguished MIT professor Andrew W. Lo and researcher Jasmina Hasahodzic interviewed thirteen highly successful, award–winning market professionals who credit their substantial achievements to technical analysis. The result is the story of technical analysis in the words of the people who know it best; the lively and candid interviews with these gurus of technical analysis.

The first half of the book focuses on the technicians′ careers:

• How and why they learned technical analysis
• What market conditions increase their chances of making mistakes
• What their average workday is like
• To what extent trading controls their lives
• Whether they work on their own or with a team
• How their style of technical analysis is unique 

The second half concentrates on technical analysis and addresses questions such as these:

• Did the lack of validation by academics ever cause you to doubt technical analysis?
• Can technical analysis be applied to other disciplines?
• How do you prove the validity of the method?
• How has computer software influenced the craft?
• What is the role of luck in technical analysis?
• Are there laws that underlie market action?
• What traits characterize a highly successful trader?
• How do you test patterns before you start using them with real money?

Interviewees include:
Ralph J. Acampora, Laszlo Birinyi, Walter Deemer, Paul Desmond, Gail Dudack, Robert J. Farrell, Ian McAvity, John Murphy, Robert Prechter, Linda Raschke, Alan R. Shaw, Anthony Tabell, Stan Weinstein.

Biographie de l'auteur

A ndrew W. L o is the Harris & Harris Group Professor of Finance at the MIT Sloan School of Management and the director of MIT s Laboratory for Financial Engineering. His previous books include The Econometrics of Financial Markets, A Non–Random Walk Down Wall Street, and Hedge Funds: An Analytic Perspective. He is also the founder and chief scientific officer of AlphaSimplex Group, LLC, a quantitative investment management company based in Cambridge, Massachusetts.  

J asmina H asanhodzic is a research scientist at AlphaSimplex Group, LLC, where she develops quantitative investment strategies and benchmarks, including the CS 130/30 Index. She received her PhD from MIT s Department of Electrical Engineering and Computer Science, where she proposed new methods for automating technical analysis and replicating hedge fund betas. Her work has appeared in the Journal Of Investment Management and Institutional Investor s Alpha magazine. A summa cum laude graduate of Yale College, Hasanhodzic is a recipient of a number of awards for academic excellence and a member of several honor societies, such as Sigma Xi, the Scientific Research Society.

Détails de l'édition

• Éditeur: Bloomberg Press
• Date d'édition: 2009
• Langue: anglais
• ISBN 10: 1576603164
• ISBN 13: 9781576603161
• Reliure: Relié
• Nombre de pages: 332
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible