Год выпуска: 0 Автор: Martin Fridson Издательство: Страниц: 0 ISBN: 0471174009
Описание
Who knows when lightning will strike? It did in 1908, and then again in 1915, 1927, and a handful of other years when the stock market soared beyond everyone's expectations, producing returns on investment that exceeded 35 and even 50 percent. Why do such spectacular periods occur? What, if anything, do they have in common? And most importantly: Can we predict when they will occur again? In It Was a Very Good Year, leading investment authority Martin S. Fridson probes the reasons behind the stock market's spectacular performance during each of the twentieth century's ten best years. It's a fast-paced, eye-opening investigation of the past that teaches some surprising lessons for spotting golden opportunities in the future. A member of Institutional Investor's All-America Research Team, Fridson draws on firsthand observations to discover what was actually happening during these Very Good Years. In his quest for clues, the author scoured back issues of the Wall Street...