Title: Success and survival on Wall Street : understanding the mind of the market /
Authors: Smith, Charles W., 1938-
Publisher: Rowman & Littlefield,
Year: 1999
Subjects: Investments United States; Stock exchanges United States
Abstract: "This book takes the reader on an insider's tour of the psychology of stock market investing. In more than 3,000 hours of interviews and observation, Smith granted some of the most famous insiders on Wall Street the protection of anonymity to procure their deepest and most frank views on the operation of the market." "What emerges is a startling portrait of how the prejudices of four different types of players - fundamentalists, insiders, cyclists, and traders - influence the ups and downs of the market. Smith explains how new trends, such as computer trading and mutual and retirement fund investing, interact with these psychologies - drawing a picture of how market behavior is inherently more human than technical."--Jacket.