Reviews for The Heretics of Finance: Conversations with Leading Practitioners of Technical Analysis

The average rating for The Heretics of Finance: Conversations with Leading Practitioners of Technical Analysis based on 2 reviews is 3 stars.

Review # 1 was written on 2016-01-30 00:00:00 Michael Sysavath This book is based on an appealing logical premise: The random-walk hypothesis is dead. This raises the possibility that technical indicators might add value to the investment process. Behavioral finance now espouses many of the beliefs of technical analysis, making inquiries into this former "dark art" more intellectually respectable. Who better to interview leading technicians than MIT Prof. Lo, whose academic work resoundingly rejected the random-walk hypothesis? Unfortunately, the technicians don't help their own rehabilitation very much, shedding little light on their heterogeneous tools and strategies. To a skeptical, but open-minded, fundamentalist like me, this book aimed for the heights of Schwager's much-lauded trader interviews, but fell well short of this goal.

Review # 2 was written on 2012-06-28 00:00:00 Molly Martin Useful for justification and basic usage of Technical analysis which some people may believe it is a cult instead of a reasonable practice.