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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (257159)8/22/2003 9:35:43 AM
From: Tommaso  Read Replies (2) of 436258
 
>>Because there are darned few web sites that harbour a decent cross section of cynical market "detectives" who look beyond the WSJ headlines<<

All that's really necessary is to read and reread books like Kindleberger's "Manias, Panics, and Crashes"; parts of some of Burton Malkiel's earlier books; Shiller's "Irrational Exuberance"; sections of books by John Train; Galbraith's classic "The Great Crash"; Fosback's "Stock Market Logic"; columns by Gretchen Morgenson; earlier writings of David Dreman; and the discussions of yields and P/Es in an array of studies, such as the Zinbarg/Cohen/Zeikel "Guide to Intelligent Investing."

To use a somewhat far-fetched metaphor, it's easier to spear fish standing on the bank than trying to stay afloat in the river.
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