"Predicting the Markets of Tomorrow": The James O'Shaughnessy Approach
by Cara Scatizzi
But can past trends indicate future trends?
James OShaughnessy believes they can. In his newest book, Predicting the Markets of Tomorrow: A Contrarian Investment Strategy for the Next Twenty Years (Penguin Group, 2006), OShaughnessy argues that investors can predict where the markets are going by simply looking at historical long-term trends. Through an examination of stock market history, OShaughnessy develops a stock selection approach for individual investors that attempts to take maximum advantage of current trends.
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