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Description of  Michael Maiello - Buy the Rumor, Sell the Fact: 85 Maxims of Investing and What They Really Mean

These maxims are part of the gospel of Wall Street, repeated so often that, to many, they are beyond question. Unfortunately, they can be wrongand traders who blindly follow them can get burned. Buy the Rumor, Sell the Fact examines 85 of these "insights" to reveal the meaning behind each, discover its factual support or lack thereof, and advise investors on which to follow and which to just plain ignore. Devoting two to four pages to each maxim, this valuable book examines: Maxims that seem to contradict each otherand why both versions may often be correct Perilous adages that may workbut then again, may not The thought, culture, and impact of today's Wall Street