What Works on Wall Street

What Works on Wall Street

Review What Works on Wall Street: A Guide to the Best-Performing Investment Strategies of All Time 

by JAMES P. O’SHAUGHNESSY

Description

A shortcut to a must-take road of financial pilgrimage in Wall Street, What Works on Wall Street gives investors the easy way of finding out what really works, including those that don’t on Wall Street. Investors can select and pick effective and tested strategies to achieve their financial goals as they invest. 

Wall Street is investing plays the “survival of the fittest” game. For this reason, investors of all sorts are always on the lookout to have the edge over the sea other investors out there. O’Shaughnessy finally shows investors the way to strategic investing and released the most anticipated investing book in the late ‘90s. After a couple of decades, the book remains relevant to modern-day investing as it presents a universal, practical guide to successful investing. 

About the Author

James Patrick O’Shaughnessy founded O’Shaughnessy Asset Management. A successful investor, O’Shaughnessy has honed his investing skills mastering research decisions, investment models, quantitative equity analysis, and portfolio management. He has published a number of books including Invest Like the Best, How To Retire Rich, and What Works on Wall Street. O’Shaughnessy is dubbed by Forbes.com as a legendary investor.

Table of Contents

The book is composed of the following topics:

INTRO

CHAPTER 1: Stock Investment Strategies: Different Methods, Similar Goals

CHAPTER 2: The Unreliable Experts: Getting In The Way Of Outstanding Performance

CHAPTER3: The Persistence Of Irrationality: How Common Mistakes Create Tremendous Opportunity

CHAPTER4: Rules Of The Game

CHAPTER5: Ranking Stocks By Market Capitalization: Size Matters

CHAPTER 6: Price-To-Earnings Ratios: Separating The Winners And Losers

CHAPTER 7: EBITDA-To-Enterprise Value

CHAPTER 8: Price-To-Cash Flow Ratios: Using Cash To Determine Value

CHAPTER 9: Price-To-Sales Ratios

CHAPTER 10: Price-To-Book Value Ratios: A Long-Term Winner With Long Periods Of Underperformance

CHAPTER 11: Dividend Yields: Buying An Income

CHAPTER 12: Buyback Yield

CHAPTER 13: Shareholder Yield

CHAPTER 14: Accounting Ratios

CHAPTER 15: Combining Value Factors Into A Single Composite Factor

CHAPTER 16: The Value Of Value Factors

CHATER 17: One-Year Earnings Per Share Percentage Changes: Do High Earnings Gains Mean High Performance?

CHAPTER 18: Profit Margins: Do Investors Profit From Corporate Profits?

CHAPTER 19: Return On Equity

CHAPTER 20: Relative Price Strength: Winners Continue To Win

CHAPTER 21: Using Multifactor Models To Improve Performance

CHAPTER 22: Dissecting The Market Leaders Universe: The Ratios That Add The Most Value

CHAPTER 23: Dissecting The Small Stocks Universe: The Ratios That Add The Most Value

CHAPTER 24: Sector Analysis

CHAPTER 25: Searching For The Ideal Growth Strategy

CHAPTER 26: Searching For The Ideal Value Stock Investment Strategy

CHAPTER 27: Uniting The Best From Growth And Value

CHAPTER 28: Ranking The Strategies

CHAPTER 29: Getting The Most Out Of Your Equity Investments