Financial Advisors

[edtost]

http://scholar.google.com/scholar?hl...94654763368506

it was originally JoF i think.

[DcifrThs]

[ QUOTE ]
Barron - the one I was referring to was "The New Finance: Overreaction, Complexity and Uniqueness". He makes a pretty good case against the efficient market hypothesis in the book, specifically related to US equities.

btw - do you have any recommendations for books related to macro-economics / world markets? I really have no experience with the concepts of GDP, relative-country interest rates, inflation, etc.

[/ QUOTE ]

unfortunately, thats the stuff i learned "on the job" so to speak... and in school. and when i say school i mean undergrad so i don't have the books' names anymore.

my grad school was all the finance stuff i have access to and have recently in my memory (in terms of books & authors).

the one book i can remember was from professor Dunn (d for dunn ... 2/50 get an A in his class). i think it's called International Economics by Prof. Dunn.

hope that helps,
Barron

[Learning]

Now I realize that I'm quite likely to be laughed out of BFI for asking this, but I'm curious.

If beating the market is so damn difficult, how does a guy like Buffet beat it for 20+ points over years and years? I'm about halfway through <u>Buffet: Making Of An American Capitalist</u> and it seems as if his portfolios were rather slim and heavily invested through the sixties. He is also said to have thought that people diversified enough to dilute solid returns.

Be gentle! [img]/images/graemlins/smile.gif[/img]

[whyherro]

buffet engages in a different type of investing than the casual investor who diversifies across asset classes.

this is like asking how Renaissance or SAC Capital can beat the markets for 30-40 points a year.