The Devil's Financial Dictionary Author: Jason Zweig ISBN: 9781610396998

The Devil's Financial Dictionary is a witty and enlightening guide to the facts, fads, follies and fiction of business and investing. (See PRICELESS.) Definitions include: DAYTRADER, n. See IDIOT. FEE, n. A tiny word with a teeny sound, which nevertheless is the single biggest determinant of success or failure for most investors. Those who keep fees as low as possible will, on average, earn the highest possible returns. MOMENTUM, adj. and n. A momentum stock accelerates as it goes upward, defying the forces of friction, financial gravity, Newton's first law of motion, and logic and reason. There is no theoretical or empirical explanation of what causes momentum, why it persists (typically for two to 12 months), or why it ultimately falters.

2015 Hardcover 256 pages As-new and unused

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