p>What Wall Street pros really say behind closed doors
Investor behavior is driven by well-known truths which often have little basis in fact,
are usually misapplied and misunderstood by brokers and investors, and can negatively
impact long-term investment performance.
Cashing In on Wall Streets Ten Greatest Myths examines the most well-known of these,
telling investors which are nonsense while uncovering core concepts that have always
provided the safest path to building wealth.
Wall Street veteran Richard Lackey begins each chapter by detailing a particular myth,
explains its flaws, and then reveals how investors can use the kernels of truth in the
myth to make profitable investment choices. Valuable sections include:
Secrets of going short that pros use every day
Why diversification can be bad and how to make it work
What to look for to consistently find benchmark-beating stocks
Why mutual funds aren't as safe as everyone thinks
How to use options to boost income or protect a portfolio
Richard L. Lackey is the CEO and managing partner of ETS Capital
Management, which manages assets for institutions and high-net-worth individuals, as well
as president of ETS Financial Services, a trader training firm. A nationally recognized
authority on trading and investing, Lackey has more than two decades of experience trading
equities, options, futures, and currencies. He is a popular speaker at investment seminars
and conferences, and appears regularly in national broadcast and print media.
Hardcover
256 pages