Praise for Investment Fables

 

“This is a magnificent, creative, scholarly—indeed a noble—book and one that will and should be in every investment library and every practitioner's desk. Like a good doctor, the author diagnoses a serious illness, and then provides a prescription for how to alleviate it.”

 
 --Victor Niederhoffer, Chief Speculator, Manchester Investments
 

“Professor Damodaran systematically destroys the great myths of investment management, attacking each in turn with remorseless logic. He shows how many 'systems' for successful investing actually lose money, even though investors themselves are sometimes unaware of this. He shows too that hope and good intentions are no substitute for information and analysis. Before you make your ...

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