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7 of 7 people found the following review helpful
on April 14, 2013
The book is overpriced for its 200+ small pages, and undercooked - see the easy-to-spot things like the clearly unnecessary model detail on p. 57, or the at-first-glance-technical discussion of DeLong et al. (1990) failing to explain the model's workings - but it is a good book, far superior to Wiley's earlier offering, Montier's low-quality, heavily padded "Behavioral investing". "Psychology" (think Kahneman and Tversky) takes up about 90 pages, and "finance" gets 130, devoting most space to empirical tests of "value" and momentum/reversal effects. The latter focus contributes to a feeling that the book gives only a partial view of the field, but, again, it's much better than the alternative.
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on March 22, 2015
Good book. Hate the class. This helps.
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on February 4, 2015
Meet expectations
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0 of 1 people found the following review helpful
on January 3, 2014
I found the author a bit wishy'washy as if he feared alienating his peers. First he presented arguments negating the efficient market hypothesis and then he later defended it and gave poor reasoning for his vacillation. All I know is that only a fool believes he can outperform the index stocks on any consistent basis.
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