The Liquidity Theory of Asset Prices (The Wiley Finance Series)
By Gordon Pepper, Michael Oliver,
Publisher: Wiley
Number Of Pages: 190
Publication Date: 2006-06-05
Sales Rank: 616499
ISBN / ASIN: 0470027398
EAN: 9780470027394
Binding: Hardcover
Manufacturer: Wiley
Studio: Wiley
Average Rating: 0
Total Reviews: 0
Book Description:
Professional investors are bombarded on a day to day basis with assertions about the role liquidity is playing and will play in determining prices in the financial markets. Few, if any, of the providers or recipients of such advice can truly claim to understand the well–springs of such liquidity and the transmission mechanisms through which it impacts asset prices.
This groundbreaking new book explores the belief that at the core of liquidity there is a force which exerts individuals to effect a financial transaction when they would not otherwise do so. Understanding this force of compulsion is a key to understanding a financial market when it appears to be behaving irrationally. This book will enable new and seasoned investors to develop an understanding of the factors, so that costly mistakes can be avoided without the lesson of experience.
Download Description:
Professional investors are bombarded on a day to day basis with assertions about the role liquidity is playing and will play in determining prices in the financial markets. Few, if any, of the providers or recipients of such advice can truly claim to understand the well springs of such liquidity and the transmission mechanisms through which it impacts asset prices. This groundbreaking new book explores the belief that at the core of liquidity there is a force which exerts individuals to effect a financial transation when they would not otherwise do so. Understanding this force of complusion is a key to understanding a financial market when it appears to be behaving irrationally. This book will enable new and seasoned investors tp develop an understanding of the factors, so that costly mistakes can be avoided without the lesson of experience.
Rapidshare.com
No comments:
Post a Comment