Far from Random: Using Investor Behavior and Trend Analysis to Forecast Market Movement

Far from Random: Using Investor Behavior and Trend Analysis to Forecast Market Movement

by Richard Lehman
     
 

View All Available Formats & Editions

Since Burton Malkiel’s seminal work A Random Walk Down Wall Street waspublished, the financial world has swallowed whole the idea thatmarket movement is chaotic and random.

In Far from Random, Richard Lehman uses behavior-basedtrend analysis to debunk Malkiel’s random walk theory. Lehmandemonstrates that the market has discernible

See more details below

Overview

Since Burton Malkiel’s seminal work A Random Walk Down Wall Street waspublished, the financial world has swallowed whole the idea thatmarket movement is chaotic and random.

In Far from Random, Richard Lehman uses behavior-basedtrend analysis to debunk Malkiel’s random walk theory. Lehmandemonstrates that the market has discernible trends that areforeseeable. By learning to spot these trends, investors andtraders can predict market movement to boost returns in anythingfrom equities to 401(k) accounts.

Richard Lehman has been a financial professional for more thanthirty years. He studied the first iterations of behavioral financeback in the 1970s as a financial marketer and has since worked invarious facets of the financial industry. His early introduction tobehavioral finance and the more recent introduction to trendanalysis led him to this important discovery.

Product Details

ISBN-13:
9781576603239
Publisher:
Wiley
Publication date:
11/18/2009
Series:
Bloomberg Financial Series, #55
Pages:
256
Product dimensions:
6.20(w) x 9.10(h) x 1.20(d)

Meet the Author

Richard Lehman is the coauthor of New Insights on Covered Call Writing, with Lawrence McMillan (Bloomberg Press, 2003). Lehman is an instructor of both finance and derivatives at UC Berkeley Extension and a vice president in the wealth management group at Mechanics Bank in Richmond, California. His financial career spans more than thirty years in product management, marketing, and investment management, beginning with an eleven-year stint on Wall Street with E. F. Hutton, Thomson McKinnon, and the New York Stock Exchange. He lives in Richmond, CA.

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >