This is an introduction to the theory of security markets, dealing principally with the allocational role and valuation of financial securities in a competitive setting.
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"Once I picked it up I did not put it down until I finished ... What Schwed has done is capture fully - in deceptively clean language - the lunacy at the heart of the investment business"--The Foreword by Michael Lewis, Bestselling author of Liar's Poker . ' ... one of the funni…