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    Buy the Rumor, Sell the Fact

    By: Michael Maiello

    RRP: $22.99
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    The traditional rules of Wall Street--what's right, what's wrong, and how investors can distinguish between the two

    Buy on Monday, sell on Friday". . . "Don't catch falling knives". . . "The trend is your friend". . .

    These maxims are part of the gospel of Wall Street, repeated so often that, to many, they are beyond question. Unfortunately, they can be wrong--and traders who blindly follow them can get burned. Buy the Rumor, Sell the Fact examines 85 of these "insights" to reveal the meaning behind each, discover its factual support or lack thereof, and advise investors on which to follow and which to just plain ignore. Devoting two to four pages to each maxim, this valuable book examines:

    Maxims that seem to contradict each other--and why both versions may often be correct

    Perilous adages that may work--but then again, may not

    The thought, culture, and impact of today's Wall Street
    Publication Date:
    22 / 03 / 2004

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