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Facts and Fictions in the Securities Industry

By: Sam Vaknin

...as well as in Western Europe. It raged in Britain during the 80s. Is privatization really the robbery in disguise of state assets by a select few, ... ... been developed and are in wide use but it is difficult to say that any of them has real predictive or even explanatory powers. Some of these models... ...amental) models can be applied more broadly. The value of a stock (a bond, a firm, real estate, or any asset) is the sum of the income (cash flow) ... ...al) models can be applied more broadly. The value of a stock (a bond, a firm, real estate, or any asset) is the sum of the income (cash flow) that ... ...personal future) look if the investor comes in. Both employees and management must realize that this is a top priority. They must be instructed not... ...ent of its involvement. The strategic investor, on the other hand, represents the real long term accumulator of value. Paradoxically, it is the st... ...ks contemplate abrupt adjustments in the prices of assets - such as stocks or real estate - as they do changes in the consumer price indices? Are a... ...i perpetrated many such schemes in 1919-1925 in Boston and later the Florida real estate market in the USA. Hence a "Ponzi scheme". In Macedonia,... ...rates frequently used these cheap funds to prop up their stock or to invest in real estate, driving prices up in both markets artificially. Moreove...

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