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The Liquidity Theory of Asset Prices
Hardcover
Series: Wiley Finance, Book 382
ISBN13: 9780470027394
Publisher: Wiley
Published: Feb 24 2006
Pages: 192
Weight: 0.91
Height: 0.66 Width: 6.30 Depth: 9.00
Language: English
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.
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