Being Right or Making Money 3E - Hardcover

by Ned Davis (Author)

STAY A STEP AHEAD OF THE MARKETS BY REJECTING GUESSES ABOUT THE FUTURE AND TRUSTING TECHNIQUES THAT WORK

Today there are as many investment opinions as there are people. But as many a scorned investor can attest, predicting the future isn't easy. In fact, Being Right or Making Money, Third Edition explains that reliably predicting the future is often not even possible. The good news is that it isn't necessary either. Once you stop trying so hard to be right about the future, you can start making money.

Being Right or Making Money, Third Edition contains a position trading strategy that any serious investor will want to keep nearby. Using the unbiased, objective standard in this book, you can stay on-target for profit in all market conditions. You'll learn how to create asset allocation models in both stocks and bonds, how to make sense out of contrarian opinion, and how to use indicators to keep you focused, no matter what.

You won't find any shock-and-awe investing tactics in this book. Instead, Being Right or Making Money, Third Edition presents the solid trading model that has made Ned Davis Research Group a go-to source for market wisdom.

Front Jacket

Being Right or Making Money, Third Edition represents the consolidated wisdom of the highly regarded Ned Davis Research Group. Surprisingly, this wisdom flies in the face of many of the new, trendy investment ideas that this century has produced. In this book, the Ned Davis Research specialists unflinchingly assert that risk-averse position traders have been more successful on average than the high profile, flash-in-the-pan day traders. Solid analysis and clear examples support this opinion, and the result is a book that should serve serious investors well in the coming years.

Technologies, bubbles, and scandals have left many traders' heads spinning. Building resilient portfolios and solid long-term positions isn't what it used to be. Thankfully, the changes that we've seen--demographics, U.S. energy strategy, etc.--are relatively easy to cope with once they're understood. With a solid strategy involving asset allocation models and long-term charts, this book helps readers recognize low- and high-risk opportunities, leading to the development of sound money management skills.

Coming out ahead in the long run requires, as always, a broad understanding of social, political, technological, and economic trends. These are the big ideas that really move markets. Being Right or Making Money, Third Edition was written to inform and inspire investors to rally around these issues, bypassing the spastic ups and downs that characterize day trading. When you start to think about the big ideas, big success will follow.

Back Jacket

STAY A STEP AHEAD OF THE MARKETS BY REJECTING GUESSES ABOUT THE FUTURE AND TRUSTING TECHNIQUES THAT WORK

Being Right or Making Money, Third Edition represents the consolidatedwisdom of the highly regarded Ned Davis Research Group. Surprisingly, this wisdom flies in the face of many of the new, trendy investment ideas that this century has produced. In this book, the Ned Davis Research specialists unflinchingly assert that risk-averse position traders have been more successful on average than the high profile, flash-in-the-pan day traders. Solid analysis and clear examples support this opinion, and the result is a book that should serve serious investors well in the coming years.

Technologies, bubbles, and scandals have left many traders' heads spinning. Building resilient portfolios and solid long-term positions isn't what it used to be. Thankfully, the changes that we've seen--demographics, U.S. energy strategy, etc.--are relatively easy to cope with once they're understood. With a solid strategy involving asset allocation models and long-term charts, this book helps readers recognize low- and high-risk opportunities, leading to the development of sound money management skills.

Coming out ahead in the long run requires, as always, a broad understanding of social, political, technological, and economic trends. These are the big ideas that really move markets. Being Right or Making Money, Third Edition was written to inform and inspire investors to rally around these issues, bypassing the spastic ups and downs that characterize day trading. When you start to think about the big ideas, big success will follow.

Author Biography

NED DAVIS is Senior Investment Strategist and founder of Ned Davis Research Group (NDRG) and is widely quoted by media and Wall Street sources. He has been professionally involved in the stock market for over 40 years.