Engines That Move Markets

Author : Alasdair Nairn
Publisher : John Wiley & Sons
ISBN 13 : 9780471205951
Total Pages : 524 pages
Book Rating : 4.58/5 ( download)

DOWNLOAD NOW!

Download or read book Engines That Move Markets written by Alasdair Nairn and published by John Wiley & Sons. This book was released on 2002 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive history of market-shaping industries and their impact on how we invest today This engaging book highlights the history of industrial development and its impact on investors. Today's investors will learn about past approaches to technological advances such as-electricity, the railroad, the telephone, the computer, and much more-while gaining insights on how to appraise the "new technology" companies of the future. This complete and well researched history of industries and investing wouldn't be complete without a look at: how Thomas Edison lost control of his company, the impact of the Standard Oil breakup, the early days of the wireless industry, and the changing face of the computer industry today. Investors looking for industry-shaping investments will undoubtedly use Engines That Move Markets as their guide.

Author : Alasdair Nairn
Publisher : Harriman House Limited
ISBN 13 : 0857196006
Total Pages : pages
Book Rating : 4.02/5 ( download)

DOWNLOAD NOW!

Download or read book ENGINES THAT MOVE MARKETS written by Alasdair Nairn and published by Harriman House Limited. This book was released on 2018-08-08 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Find the most lucrative markets of the future by looking to the past Some of the biggest technological innovations in the world have followed similar market and social patterns - scepticism is replaced by enthusiasm; venture capital is supplied; many companies are started and their stocks rise. But as the technology is developed and financial reality sets in, companies disappear, stocks collapse, and naive investors lose money. Through exhaustive research, Alasdair Nairn captures this pattern and examines the impact that some of the greatest technological inventions of the past 200 years have had on financial markets and investors' fortunes. Each chapter explores a different technological innovation, and provides valuable insights on how to apply these lessons to appraise the 'new technology' companies of the future. Some of the key historical episodes examined include: - electric light and its commercial exploitation - the railway boom in Britain and the United States - the development of the automobile industry - the discovery and early development of crude oil - the rise of the PC - the wireless world - the Internet and dotcom bubble. Don't be left behind when the next technological innovation revolutionises the market. With Engines That Move Marketsyou'll learn how to recognise the familiar patterns unfolding in today's economy so you can profit from these market-shaping events.

Author : Alasdair Nairn
Publisher : Harriman House Limited
ISBN 13 : 085719965X
Total Pages : 139 pages
Book Rating : 4.52/5 ( download)

DOWNLOAD NOW!

Download or read book The End of the Everything Bubble written by Alasdair Nairn and published by Harriman House Limited. This book was released on 2021-10-26 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are crashes and then there are Crashes. But what turns an ordinary downturn into an era-defining crisis? What makes the difference between an event like the Wall Street Crash of 1929 and a brief bear market? The answer lies in financial exuberance: speculative mania that appears to be making everyone rich, only to end up making everyone much, much worse off. Historian and professional investor Alasdair Nairn predicted both the dotcom and subprime collapses, and in this compelling new book shares the evidence that we are living through such a period of deadly excess right now. Markets appear to be going up and up, but they have got perilously ahead of themselves. Danger lies in every single investable asset class. What some have called the ‘Everything Bubble’ has inflated to unprecedented proportions. And now the bubble is about to burst. Nairn lays bare the level of danger with unprecedented detail and pieces together the steps that brought us to the precipice. Lastly, he points out options open to those willing to act now to avoid future harm to their wealth. As we near the end of the Everything Bubble, don’t be one of those caught out!

Author : James F. Dalton
Publisher : John Wiley & Sons
ISBN 13 : 9781118044643
Total Pages : 224 pages
Book Rating : 4.49/5 ( download)

DOWNLOAD NOW!

Download or read book Markets in Profile written by James F. Dalton and published by John Wiley & Sons. This book was released on 2011-01-11 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets in Profile explores the confluence of three disparate philosophical frameworks: the Market Profile, behavioral finance, and neuroeconomics in order to present a unified theory of how markets work. The Market Profile is an ever-evolving, multidimensional graphic that gives visual form to the market's continuing auction process, revealing the myriad underlying dynamics that influence market activity. Behavioral finance posits that investors are driven more by emotional factors and the subjective interpretation of minutia than by "rationality" when making investment decisions. And neuroeconomics is the study of how investor psychology permeates and affects the financial markets. Mr. Dalton explicates the ways in which irrational human behavior influences the market's natural auction process, creating frequently predictable market structure, which results in opportunities for investors to ameliorate risk. The book will improve investors ability to interpret change in markets, enabling better, more confident investment decisions.

Author : Brent Goldfarb
Publisher : Stanford University Press
ISBN 13 : 1503607933
Total Pages : 284 pages
Book Rating : 4.34/5 ( download)

DOWNLOAD NOW!

Download or read book Bubbles and Crashes written by Brent Goldfarb and published by Stanford University Press. This book was released on 2019-02-19 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: “An interesting take on some factors that facilitate the development and bursting of bubbles in technology industries. . . . Highly recommended.” —Choice Financial market bubbles are recurring, often painful, reminders of the costs and benefits of capitalism. While many books have studied financial manias and crises, most fail to compare times of turmoil with times of stability. In Bubbles and Crashes, Brent Goldfarb and David A. Kirsch give us new insights into the causes of speculative booms and busts. They identify a class of assets—major technological innovations—that can, but does not necessarily, produce bubbles. This methodological twist is essential: Only by comparing similar events that sometimes lead to booms and busts can we ascertain the root causes of bubbles. Using a sample of eighty-eight technologies spanning 150 years, Goldfarb and Kirsch find that four factors play a key role in these episodes: the degree of uncertainty surrounding a particular innovation; the attentive presence of novice investors; the opportunity to directly invest in companies that specialize in the technology; and whether or not a technology is a good protagonist in a narrative. Goldfarb and Kirsch consider the implications of their analysis for technology bubbles that may be in the works today, offer tools for investors to identify whether a bubble is happening, and propose policy measures that may mitigate the risks associated with future speculative episodes.

Author : Donald MacKenzie
Publisher : MIT Press
ISBN 13 : 0262250047
Total Pages : 782 pages
Book Rating : 4.47/5 ( download)

DOWNLOAD NOW!

Download or read book An Engine, Not a Camera written by Donald MacKenzie and published by MIT Press. This book was released on 2008-08-29 with total page 782 pages. Available in PDF, EPUB and Kindle. Book excerpt: In An Engine, Not a Camera, Donald MacKenzie argues that the emergence of modern economic theories of finance affected financial markets in fundamental ways. These new, Nobel Prize-winning theories, based on elegant mathematical models of markets, were not simply external analyses but intrinsic parts of economic processes. Paraphrasing Milton Friedman, MacKenzie says that economic models are an engine of inquiry rather than a camera to reproduce empirical facts. More than that, the emergence of an authoritative theory of financial markets altered those markets fundamentally. For example, in 1970, there was almost no trading in financial derivatives such as "futures." By June of 2004, derivatives contracts totaling $273 trillion were outstanding worldwide. MacKenzie suggests that this growth could never have happened without the development of theories that gave derivatives legitimacy and explained their complexities. MacKenzie examines the role played by finance theory in the two most serious crises to hit the world's financial markets in recent years: the stock market crash of 1987 and the market turmoil that engulfed the hedge fund Long-Term Capital Management in 1998. He also looks at finance theory that is somewhat beyond the mainstream—chaos theorist Benoit Mandelbrot's model of "wild" randomness. MacKenzie's pioneering work in the social studies of finance will interest anyone who wants to understand how America's financial markets have grown into their current form.

Author : Larry Harris
Publisher : OUP USA
ISBN 13 : 9780195144703
Total Pages : 664 pages
Book Rating : 4.08/5 ( download)

DOWNLOAD NOW!

Download or read book Trading and Exchanges written by Larry Harris and published by OUP USA. This book was released on 2003 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on market microstructure, Harris (chief economist, U.S. Securities and Exchange Commission) introduces the practices and regulations governing stock trading markets. Writing to be understandable to the lay reader, he examines the structure of trading, puts forward an economic theory of trading, discusses speculative trading strategies, explores liquidity and volatility, and considers the evaluation of trader performance. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).

Author : Martin S. Fridson
Publisher : John Wiley & Sons
ISBN 13 : 9780471174004
Total Pages : 284 pages
Book Rating : 4.09/5 ( download)

DOWNLOAD NOW!

Download or read book It Was a Very Good Year written by Martin S. Fridson and published by John Wiley & Sons. This book was released on 1998-01-05 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bisweilen schießen die Finanzmärkte entgegen allen Erwartungen in die Höhe und verschaffen den Investoren so überdurchschnittlich hohe Renditen von 35% und mehr in einem einzigen Jahr. Einmal ist es der Aktienmarkt, dann der Rentenmarkt oder der Immobilienmarkt. Dies ist das erste Buch, das den Versuch unternimmt, zu erklären, warum bestimmte Investitionen zu verschiedenen Zeiten in die Höhe geschnellt sind, damit Investoren ähnliche Trends in Zukunft rechtzeitig erkennen können. Jedes Kapitel vermittelt dem Leser einen echten Einblick in die Ereignisse der 10 besten Hausse-Jahre des vergangenen Jahrhunderts. Unterhaltsam und fesselnd geschrieben, gespickt mit zahlreichen historischen Anekdoten und schillernden Persönlichkeiten aus der jeweiligen Zeit, ist dieses Buch eine willkommene Lektüre nicht nur für Investoren, Finanzexperten, Journalisten und Studenten der Finanz- und Wirtschaftswissenschaften, sondern ebenso für Interessierte Laien. (01/98)

Author : David S. Evans
Publisher : MIT Press
ISBN 13 : 0262550687
Total Pages : 409 pages
Book Rating : 4.80/5 ( download)

DOWNLOAD NOW!

Download or read book Invisible Engines written by David S. Evans and published by MIT Press. This book was released on 2008-02-15 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harnessing the power of software platforms: what executives and entrepreneurs must know about how to use this technology to transform industries and how to develop the strategies that will create value and drive profits. Software platforms are the invisible engines that have created, touched, or transformed nearly every major industry for the past quarter century. They power everything from mobile phones and automobile navigation systems to search engines and web portals. They have been the source of enormous value to consumers and helped some entrepreneurs build great fortunes. And they are likely to drive change that will dwarf the business and technology revolution we have seen to this point. Invisible Engines examines the business dynamics and strategies used by firms that recognize the transformative power unleashed by this new revolution—a revolution that will change both new and old industries. The authors argue that in order to understand the successes of software platforms, we must first understand their role as a technological meeting ground where application developers and end users converge. Apple, Microsoft, and Google, for example, charge developers little or nothing for using their platforms and make most of their money from end users; Sony PlayStation and other game consoles, by contrast, subsidize users and make more money from developers, who pay royalties for access to the code they need to write games. More applications attract more users, and more users attract more applications. And more applications and more users lead to more profits. Invisible Engines explores this story through the lens of the companies that have mastered this platform-balancing act. It offers detailed studies of the personal computer, video game console, personal digital assistant, smart mobile phone, and digital media software platform industries, focusing on the business decisions made by industry players to drive profits and stay a step ahead of the competition. Shorter discussions of Internet-based software platforms provide an important glimpse into a future in which the way we buy, pay, watch, listen, learn, and communicate will change forever. An electronic version of this book is available under a Creative Commons license.

Author : Richard L. Peterson
Publisher : John Wiley & Sons
ISBN 13 : 1119163757
Total Pages : 368 pages
Book Rating : 4.56/5 ( download)

DOWNLOAD NOW!

Download or read book Trading on Sentiment written by Richard L. Peterson and published by John Wiley & Sons. This book was released on 2016-03-04 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his debut book on trading psychology, Inside the Investor’s Brain, Rich­ard Peterson demonstrated how managing emotions helps top investors outperform. Now, in Trading on Sentiment, he takes you inside the science of crowd psychol­ogy and demonstrates that not only do price patterns exist, but the most predictable ones are rooted in our shared human nature. Peterson’s team developed text analysis engines to mine data - topics, beliefs, and emotions - from social media. Based on that data, they put together a market-neutral social media-based hedge fund that beat the S&P 500 by more than twenty-four percent—through the 2008 financial crisis. In this groundbreaking guide, he shows you how they did it and why it worked. Applying algorithms to so­cial media data opened up an unprecedented world of insight into the elusive patterns of investor sentiment driving repeating market moves. Inside, you gain a privi­leged look at the media content that moves investors, along with time-tested techniques to make the smart moves—even when it doesn’t feel right. This book digs underneath technicals and fundamentals to explain the primary mover of market prices - the global information flow and how investors react to it. It provides the expert guidance you need to develop a competitive edge, manage risk, and overcome our sometimes-flawed human nature. Learn how traders are using sentiment analysis and statistical tools to extract value from media data in order to: Foresee important price moves using an understanding of how investors process news. Make more profitable investment decisions by identifying when prices are trending, when trends are turning, and when sharp market moves are likely to reverse. Use media sentiment to improve value and momentum investing returns. Avoid the pitfalls of unique price patterns found in commodities, currencies, and during speculative bubbles Trading on Sentiment deepens your understanding of markets and supplies you with the tools and techniques to beat global markets— whether they’re going up, down, or sideways.