BN.com Gift Guide

Short Selling / Edition 1

Hardcover (Print)
Used and New from Other Sellers
Used and New from Other Sellers
from $23.95
Usually ships in 1-2 business days
(Save 67%)
Other sellers (Hardcover)
  • All (11) from $23.95   
  • New (5) from $45.05   
  • Used (6) from $23.95   

Overview

A one-of-a-kind book that shows you how to cash in on the latest investing trend—short selling

"The Art of Short Selling is the best description of this difficult technique."—John Train, Train, Thomas, Smith Investment Counsel, and author of The New Money Masters

"Kathryn Staley has done a masterful job explaining the highly specialized art of short selling. Her approach to telling the true stories of famous investment 'scams' will keep the reader spellbound, while teaching the investor many crucial lessons."—David W. Tice, Portfolio Manager, Prudent Bear Fund

"Selling short is still a misunderstood discipline, but even the most raging bull needs to know this valuable technique to master the ever-changing markets."—Jim Rogers, author, Investment Biker

On the investment playing field, there is perhaps no game more exciting than short selling. With the right moves, it can yield high returns; one misstep, however, can have disastrous consequences. Despite the risk, a growing number of players are anteing up, sparked in part by success stories such as that of George Soros and the billions he netted by short selling the British pound. In The Art of Short Selling, Kathryn Staley, an expert in the field, examines the essentials of this important investment vehicle, providing a comprehensive game plan with which you can effectively play—and win—the short selling game.

Whether used as a means of hedging bets, decreasing the volatility of total returns, or improving returns, short selling must be handled with care—and with the right know-how. As Staley points out, "Short selling is not for the faint of heart. If a stock moves against the position holder, the effect on a portfolio and net worth can be devastating. Investors need to understand the impact on their accounts as well as the consequences of getting bought in before they indulge in short selling." The Art of Short Selling guides you—clearly and concisely—through the ins and outs of this high-risk, high-stakes game.

The first—and most important—move in selling short is to identify flaws in a business before its share prices drop. To help you tackle this key step, Staley shows you how to evaluate company financial statements and balance sheets, make sense of return ratios, detect inconsistencies in inventory, and analyze the statement of cash flows. Through real-world examples that illustrate the shorting of bubble, high multiple growth, and theme stocks, you'll proceed step by step through the complete process and learn to carry out all the essentials for a successful short sell, including quantifying the risk factor and orchestrating correct timing, as well as implementing advanced valuation techniques to execute the sell/buy.

Packed with landmark, cutting-edge examples, up-to-the-minute guidelines, and pertinent regulations, The Art of Short Selling is a timely and comprehensive reference that arms you with the necessary tools to make a prepared and confident entrance onto the short selling playing field.

Read More Show Less

Product Details

  • ISBN-13: 9780471146322
  • Publisher: Wiley
  • Publication date: 12/9/1996
  • Series: A Marketplace Book Series , #4
  • Edition number: 1
  • Pages: 304
  • Sales rank: 270,030
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.81 (d)

Meet the Author

KATHRYN F. STALEY has worked with hedge funds, brokerage firms, and other financial institutions to determine which stocks to sell and sell short. She has taught financial statement analysis for the Association for Investment Management Research (AIMR) and lectures on the absence of economic reality in publicly reported earnings announcements. She reads balance sheets and footnotes for fun and profit.

Read More Show Less

Table of Contents

FACTS AND PRACTITIONERS.

Overview: Wealth with Risk.

Short Sellers.

CATEGORIES AND EXAMPLES.

Bubble Stocks.

High-Multiple Growth Stocks, Part 1: High Risk, Low Return.

High-Multiple Growth Stocks, Part 2: High Returns, Faltering Growth.

If You Can't Read It, Short It.

Money Suckers: Coining Money to Live.

If You Can't Fix It, Sell It.

Industry Obsolescence: Theme Stocks.

All of the Above: Crazy Eddie.

HISTORY AND GENERAL LESSONS.

Shortcomings.

History and Controversy.

Six Pillars of Fundamental Short Selling.

Appendix.

Index.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)