Reddit reviews What Works on Wall Street, Fourth Edition: The Classic Guide to the Best-Performing Investment Strategies of All Time
We found 6 Reddit comments about What Works on Wall Street, Fourth Edition: The Classic Guide to the Best-Performing Investment Strategies of All Time. Here are the top ones, ranked by their Reddit score.
Used Book in Good Condition
The book "What Works on Wall Street", latest edition by James O'Shaughnessy, is an excellent book and includes a discussion of value approaches on sectors. http://www.amazon.com/What-Works-Street-Fourth-Edition/dp/0071625763
There also supplemental info on his website, including sector based study based on utilities and consumer staples. http://whatworksonwallstreet.com/pdf/wwows_CS_24.pdf
What Works on Wall Street, 4th edition.
O'Shaughnessy is the author of this rather famous quant-value book.
However, the book mentioned in the post is based on his older work. The criteria looks fine, but based on the updated WWOWS, P/S would most likely be substituted with EV/EBITDA.
Is there an affordable financial database I can use to run tests/models on? Been reading "What works on Wall Street" and would love to try and run my own queries against some kind of database to test out possible strategies.
But from what I've been able to find online, databases like Compustat are pretty crazy expensive. Am I getting this all wrong, or is there cheaper data out there that individual investors can use?
Bra fråga, jag vet faktiskt inte än. Börjar bli dags att formulera en metod..
Jag har hittills inte definierat det utöver ett initialt kriterium att Dual Momentum ska ha övergått i obligationer.
Ytterligare ett kriterium kan vara positivt lutande MA200 & MA50 efter en något större nedgång. Ska ta mig en titt i boken What works on wall street (en av de bästa börsrelaterade böcker jag läst) och se över statistik på genomsnittliga börsnedgångar.
Ett tredje kriterium jag vagt hållit i huvudet är att "blodet ska flyta på gatorna" och att pessimismen ska vara utspridd.
Jag vet att tajma marknaden är lättare sagt än gjort, omöjligt enligt vissa, knappast en exakt vetenskap. Jag vill dock ändå tro att jag kan maka mig närmare rätt sida av sannolikheten mha lite kunskap.
Tillägg: jag skrev fel när jag sade att räntefonden ska fasas in i fondsparandet. Det ska användas i kvantitativt värdeinvesterande som beskrivet i boken ovan.
I got into the stock market back in high school (simulation, of course) thanks to a teacher that was active in it and had a sort of unofficial club. Once I started working and having my own money, I started to dabble in it.
It really depends on your plans for the money (retirement, first house, etc) and your timeline/horizon. My money is for retirement so I have a very long outlook and can ride out stocks and their volatility. I also participate in my company stock purchase so every paycheck I'm picking up shares of AAPL without having to do anything plus avoiding broker fees.
My personal preference skews towards blue chips that pay dividends with some high risk/high reward stocks in the mix. For international, I'm not familiar enough so I have those in an international index fund.
EDIT: The book that I read in the beginning is called What Works On Wall Street and while it's always a volatile and changing market/trends, it's still a good read.