Yes, You Can Time the Market!
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From the Back Cover
Praise for Yes, You Can Time the Market!
"'Buy and hold' makes sense for the average investor in stocks. Even better, say Stein and DeMuth, is to buy only when prices are low and hold when prices are high, keeping accumulating savings in Treasuries while waiting for 'low' prices. They define 'low' and 'high' prices by historical experience. An interesting and thoughtful analysis."
-Professor Milton Friedman
University of Chicago, Hoover Center
Nobel Prize Winner in Economics, 1976
"Wall Street, prepare yourself. Ben and Phil hit the nail on the head with their insightful guide to investing. No gimmicks, no games, just tapping the true power of economics to make sensible investment decisions. Add to that the authors' dry wit, and this handbook is a must-read for investors small and large."
-Diane C. Swonk
Director of Economics, Chief Economist
Senior Vice President, Bank One Corporation
" The logic and reasoning are persuasive. Stein and DeMuth buttress them with evidence, lots of it. The term 'valuable' properly applies to the guidance of the conclusions."
-C. Lowell Harriss
Professor Emeritus of Economics
Columbia University
"How refreshing to read commonsense advice about the stock market! Stein and DeMuth's findings are both verifiable and free of quantitative trickery. What's more, their writing is as clear and straightforward as the methods they recommend."
-Martin Fridson
author, It Was a Very Good Year:
Extraordinary Moments in Stock Market History
BEN STEIN, host of Comedy Central's Emmy Award--winning game show Win Ben Stein's Money, is a Renaissance man for the new millennium. An economist and humorist, investor, lawyer, and actor, Stein has successfully balanced a professional life that encompasses his many diverse interests. He is the author of several books on finance and his essays and columns have appeared in such publications as The Wall Street Journal, Barron's, Forbes, the American Spectator, Los Angeles magazine, New York magazine, and the Washington Post.
PHIL DeMUTH is an investment advisor and PhD psychologist who has a longstanding interest in the stock market and has written for The Wall Street Journal and Barron's, as well as Human Behavior and Psychology Today. His opinions have been quoted on TheStreet.com and in Fortune magazine.
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