Ebook: Wall Street Revalued: Imperfect Markets and Inept Central Bankers
Author: Andrew Smithers
I thought Smithers first book "Valuing Wall Street" was fantastic book and really changed my view of how to value the stock market. I bought Wall Street Revalued because the first book was so good, but I was disappointed. Other than an interesting chapter on the fed model as a predictor of stock returns and the usefulness of historical returns as a viable alternative when q data is unavailable, I thought the book didn't offer anything new and was kind of boring.
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