Newly revised and updated with information on exchange-traded funds and investment opportunities in emerging markets, a trusted investment guide is filled with core insights and expert advice on stocks, bonds, money markets, real estate investment trusts, home ownership and more. --Publisher's description.

Includes index. "Completely revised and updated"--Jacket.

Stocks and their value. Firm foundations and castles in the air ; The madness of crowds ; Speculative bubbles from the Sixties into the Nineties ; The explosive bubbles of the early 2000s -- How the pros play the biggest game in town. Technical and fundamental analysis ; Technical analysis and the random-walk theory ; How good is fundamental analysis? The efficient-market hypothesis -- The new investment technology. A new walking shoe: modern portfolio theory ; Reaping reward by increasing risk ; Behavioral finance ; Is "smart beta" really smart? -- A practical guide for random walkers and other investors. A fitness manual for random walkers and other investors ; Handicapping the financial race: a primer in understanding and projecting returns from stocks and bonds ; A life-cycle guide to investing ; Three giant steps down Wall Street.