Value Averaging - (Wiley Investment Classics) by Michael E Edleson (Paperback)
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<p/><br></br><p><b> Book Synopsis </b></p></br></br>Michael Edleson first introduced his concept of value averaging to the world in an article written in 1988. He then wrote a book entitled <i>Value Averaging</i> in 1993, which has been nearly impossible to find--until now. With the reintroduction of <i>Value Averaging</i>, you now have access to a strategy that can help you accumulate wealth, increase your investment returns, and achieve your financial goals.<p/><br></br><p><b> From the Back Cover </b></p></br></br><p><b>"Since its first printing in 1991, the cachet of <i>Value Averaging</i> has steadily grown to cult classic status."</b><br> --<i>From the Foreword by William J. Bernstein</i> <p><b>PRAISE FOR VALUE AVERAGING</b> <p>"Dollar cost averaging is making a comeback, and Mike Edleson's value averaging approach is dollar cost averaging on steroids. A must-read for serious investors willing to adhere to the principles found in these pages."<br> <b>--William G. Christie, </b> Frances Hampton Currey Professor of Finance and Professor of Law, Owen Graduate School of Management, Vanderbilt University <p>"Dr. Edleson's book is truly a classic that needs to be perpetuated. I have spent a significant chunk of my career trying to debunk value averaging, but with no success. I'm a believer!"<br> <b>--Paul S. Marshall, PhD, </b> Professor of Finance, Widener University <p><b>FROM THE FIRST EDITION</b> <p>"Today's best way to invest."<br> <b>--<i>Money</i> magazine</b> <p>"Value averaging takes dollar cost averaging one step further. Besides buying low, you sell shares when the markets soar."<br> <b>--<i>The New York Times</i></b> <p>Michael Edleson first introduced his concept of value averaging to the world in an article written in 1988. To satisfy investor interest, he wrote a book entitled <i>Value Averaging</i>, which further detailed this method. Following the publication of the last edition of this highly sought-after book in 1993, it has been nearly impossible to find--until now. With the reintroduction of <i>Value Averaging</i>, you now have access to Edleson's original work on a strategy that can help you accumulate wealth, increase your investment returns, and achieve your financial goals.<p/><br></br><p><b> About the Author </b></p></br></br><p><b>MICHAEL E. EDLESON</b> is a Managing Director of Morgan Stanley and oversees the firm's equity risk globally. Prior to that, he was Chief Economist of NASDAQ and a finance professor at Harvard Business School. Edleson earned his PhD at MIT. <p><b>Includes spreadsheets on a companion Web site: www.wiley.com/go/valueaveraging</b>
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