Valuing Wall Street Protecting Wealth in Turbulent Markets

A Reality Check on Today's Stock Market Including Easy-to-Follow Strategies for Protecting Your Assets When Valuing Wall Street was first published in early 2000, the straight-talking book was virtually alone in warning that high-flying stock markets were poised to collapse. Investors who believed in and acted upon the book's simple advice and statistical evidence were able to avoid losses of over 25 percent on the Dow and 70 percent on the Nasdaq! Today, Wall Street remains dangerously overvalued. Let this special paperback edition of Valuing Wall Street show you how to use Nobel Laureate James Tobin's simple, well-respected, and time-proven q ratio to calculate the true value of a stock, and help you invest logically and unemotionally in the stock markethistory's greatest wealth-building machine most of the time. Praise for Smithers and Wright's Valuing Wall Street: "This is a serious book that deserves serious consideration from the investment community." Financial Times "A splendid book." Alan Abelson, Barron's "Andrew Smithers is one of the five best, most dispassionate, erudite analysts in the world. This is a book to read and chew on." Barton Biggs Global Investment Strategist, Morgan Stanley Dean WitterSmithers, Andrew is the author of 'Valuing Wall Street Protecting Wealth in Turbulent Markets', published 2002 under ISBN 9780071387835 and ISBN 0071387838.