Small-Cap Dynamics: Insights, Analysis, and Models (Hardcover)

~ (Author) "SMALL STOCKS have outperformed the blue-chip favorites since 1926..." (more)
Key Phrases: earnings revision model, difficult pricing environment, polarized market, United States, Economic Statistics Business Cycle Real, United Kingdom (more...)

Editorial Reviews

Review

This book should be required reading for informed investors. -- Aswath Damodaran, Professor of Finance, Leonard Stern School of Business, New York University

This is the definitive book on small-cap investing. -- Martin Fridson, Managing Director, Merrill Lynch & Co.

[O]ne of the most detailed and insightful books I've ever encountered on the subject of small-cap investing. -- Richard Driehaus, founder, CEO, and CIO, Driehaus Capital Management, Inc.

Product Description

Shrewd strategies for small-cap rewards. With the twenty-first century upon us, professional investors face the challenge of maneuvering in what many experts consider to be an overdriven market. The pros will be looking for ways to take advantage of market drivers and to find security in niche investment vehicles. For the shrewd, small-cap stocks have been instrumental in profitable portfolios, offering many attractive fundamentals. But without sound knowledge and a risk-wise strategy, small-caps can be dangerous turf. Wall Street strategist Satya Dev Pradhuman provides the insights and tools professional investors need to successfully navigate in the small-cap environment. As a leading small-cap analyst at Merrill Lynch, and one of the few top-tier authorities in the field, Pradhuman is a voice other market professionals depend on for reliable analysis of this segment. Small-Cap Dynamics is his definitive guide to small-cap investing for the professional investor. In this comprehensive and concise guide, Pradhuman presents a clear picture of the small-cap market in the context of asset allocation, drivers of small-cap cycles, and small-cap selection models. Valuable graphs and tables add to the power of this one-of-a-kind reference book.

Pros Capitalize on Small Caps with:
* Insights on how small caps fit into a global portfolio
* Tools on timing the small-cap cycle for both small- and large-cap investors
* Quantitative methods that are critical to successful small-cap investing
* Techniques for predicting rotations from growth stocks to value stocks

See all Editorial Reviews

Product Details

• Hardcover: 336 pages
• Publisher: Bloomberg Press (September 28, 2000)
• Language: English
• ISBN-10: 1576600297
• ISBN-13: 978-1576600290
• Product Dimensions: 9.1 x 5.9 x 0.8 inches
• Shipping Weight: 13.6 ounces (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars  See all reviews (6 customer reviews)
• Amazon.com Sales Rank: #832,913 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

2 of 2 people found the following review helpful:

5.0 out of 5 stars The most comprehensive book on small caps, July 26, 2001

By A Customer

Mr. Pradhuman has done a fantastic and thorough job of explaining everything you ever wanted to know about small cap stocks. Admittedly this book is probably more for professional investors than for individuals, but it is a must if you are a serious small cap investor. When you read this book, you will understand why he is Wall Street's #1 ranked Small Cap Strategist.

10 of 14 people found the following review helpful:

2.0 out of 5 stars Do you trust your broker's advice?, June 4, 2002

By	T. G. Reese "bent_nail_software" (Boston MA) - See all my reviews (REAL NAME)

For the individual investor, I would give this book a single star. I should have seen the warning signs ... "Bloomberg Professional Library" and the author's "views are widely quoted in the financial press." Brokers may find this volume useful in providing market timing and trading strategies that their customers are expecting.

The author targets only subjective and qualitative "insights", with very little data and no statistical analysis. If the author's job title of "quantitative strategist" is to be taken seriously, we would expect some supporting evidence (ie returns data) that the strategies produce results. Show us the yachts.

If you are looking for a quantatative discussion of analysis and models, look elsewhere. Insights in this book impress me as purest hand-waving, and the text is loaded with equivocation, suggestion and speculation.

3 of 4 people found the following review helpful:

5.0 out of 5 stars Oustanding Overview, February 14, 2001

By	Philip Appel (Bloomfield Hills, MI United States) - See all my reviews

I think that too many people invest without thinking why, they do it without a strategy or a framework. This book helps you undertsand the small cap market and guides you in your quest for superior long term returns. If you are looking for the "stock of the day" stay in the chatrooms.