The Liquidity Theory of Asset Prices (Wiley Finance PDF ePub eBook

Books Info:

The Liquidity Theory of Asset Prices (Wiley Finance free pdf Professional investors are bombarded on a day to day basis with assertions about the role liquidity is playing and will play in determining prices in the financial markets. Few, if any, of the providers or recipients of such advice can truly claim to understand the well-springs of such liquidity and the transmission mechanisms through which it impacts asset prices.This groundbreaking new book explores the belief that at the core of liquidity there is a force which exerts individuals to effect a financial transaction when they would not otherwise do so. Understanding this force of compulsion is a key to understanding a financial market when it appears to be behaving irrationally. This book will enable new and seasoned investors to develop an understanding of the factors, so that costly mistakes can be avoided without the lesson of experience.

About Gordon Pepper, CBE

Gordon Pepper has the unusual combination of an economics degree from Cambridge and actuarial training. Immediately after he finished taking examinations, he became a dealer on the Floor of the London Stock Exchange. His 'postgraduate university' was the market place, where he underwent the harshest of disciplines. Forecasts based on conventional theories were often wrong. The inescapable conclusion was that these theories were either incorrect or incomplete.Pepper was the joint founder of W. Greenwell

Details Book

Author : Gordon Pepper, CBE
Publisher : John Wiley
Data Published : 29 July 2013
ISBN : 1118673425
EAN : 9781118673423
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 192 pages
Age + : 15 years
Language : English
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  • The Liquidity Theory of Asset Prices (Wiley Finance free pdfThe Liquidity Theory of Asset Prices (Wiley Finance

    Downloadable E Books. Professional investors are bombarded on a day to day basis with assertions about the role liquidity is playing and will play in determining prices in the financial markets. Few,