Betting Against the Crowd

Betting Against the Crowd

Author: Yair Neuman

Publisher: Springer

Published: 2024-03-19

Total Pages: 0

ISBN-13: 9783031520181

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Crowds are misleading, both in their simplicity and in their complexity. On the one hand, they behave according to expected trends; on the other, they present sudden shifts and frantic, unexpected behavior. Therefore, “betting against the crowd,” whether in politics, sports, or finance, requires a deep understanding of the crowd’s dynamics. In this book, Prof. Neuman addresses this challenge by delving into the complexity of crowds. The book involves foundational issues and novel ideas, such as why crowds behave unexpectedly, why betting against the crowd is possible only in short time frames, why is it important to be attentive to suspicious signs that are indicative of the crowd’s behavior, and why the long tail of fatalities in armed conflicts leaves us surprised by blitz attacks of violent mobs. The book combines scientific knowledge, experiments, and accessible, often humorous, exposition. It can be read by anyone with a basic science education who seeks to understand crowds and how one can act within and against them.


Book Synopsis Betting Against the Crowd by : Yair Neuman

Download or read book Betting Against the Crowd written by Yair Neuman and published by Springer. This book was released on 2024-03-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crowds are misleading, both in their simplicity and in their complexity. On the one hand, they behave according to expected trends; on the other, they present sudden shifts and frantic, unexpected behavior. Therefore, “betting against the crowd,” whether in politics, sports, or finance, requires a deep understanding of the crowd’s dynamics. In this book, Prof. Neuman addresses this challenge by delving into the complexity of crowds. The book involves foundational issues and novel ideas, such as why crowds behave unexpectedly, why betting against the crowd is possible only in short time frames, why is it important to be attentive to suspicious signs that are indicative of the crowd’s behavior, and why the long tail of fatalities in armed conflicts leaves us surprised by blitz attacks of violent mobs. The book combines scientific knowledge, experiments, and accessible, often humorous, exposition. It can be read by anyone with a basic science education who seeks to understand crowds and how one can act within and against them.


Betting Against the Crowd

Betting Against the Crowd

Author: Yair Neuman

Publisher: Springer Nature

Published:

Total Pages: 172

ISBN-13: 303152019X

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Book Synopsis Betting Against the Crowd by : Yair Neuman

Download or read book Betting Against the Crowd written by Yair Neuman and published by Springer Nature. This book was released on with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Against the Crowd

Against the Crowd

Author: Alan Potts

Publisher: Aesculus Press Ltd

Published: 2004

Total Pages: 130

ISBN-13: 9781904328186

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The methods of a modern backer. Alan Potts is a full-time professional punter, who makes a steady and lucrative income from gambling. In this book, he reveals, for the first time, the techniques and methods that consistently give him the edge over bookmakers. Anyone who bets on horses will find valuable insights on how to become - and stay - a winner.


Book Synopsis Against the Crowd by : Alan Potts

Download or read book Against the Crowd written by Alan Potts and published by Aesculus Press Ltd. This book was released on 2004 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: The methods of a modern backer. Alan Potts is a full-time professional punter, who makes a steady and lucrative income from gambling. In this book, he reveals, for the first time, the techniques and methods that consistently give him the edge over bookmakers. Anyone who bets on horses will find valuable insights on how to become - and stay - a winner.


Beat the Crowd

Beat the Crowd

Author: Kenneth L. Fisher

Publisher: John Wiley & Sons

Published: 2015-03-30

Total Pages: 325

ISBN-13: 1118973054

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Train your brain to be a real contrarian and outsmart the crowd Beat the Crowd is the real contrarian’s guide to investing, with comprehensive explanations of how a true contrarian investor thinks and acts – and why it works more often than not. Bestselling author Ken Fisher breaks down the myths and cuts through the noise to present a clear, unvarnished view of timeless market realities, and the ways in which a contrarian approach to investing will outsmart the herd. In true Ken Fisher style, the book explains why the crowd often goes astray—and how you can stay on track. Contrarians understand how headlines really affect the market and which noise and fads they should tune out. Beat the Crowd is a primer to the contrarian strategy, teaching readers simple tricks to think differently and get it right more often than not. Discover the limits of forecasting and how far ahead you should look Learn why political controversy matter less the louder it gets Resurrect long-forgotten, timeless tricks and truths in markets Find out how the contrarian approach makes you right more often than wrong A successful investment strategy requires information, preparation, a little bit of brainpower, and a larger bit of luck. Pursuit of the mythical perfect strategy frequently lands folks in a cacophony of talking heads and twenty-four hour noise, but Beat the Crowd cuts through the mental clutter and collects the pristine pieces of actual value into a tactical approach based on going against the grain.


Book Synopsis Beat the Crowd by : Kenneth L. Fisher

Download or read book Beat the Crowd written by Kenneth L. Fisher and published by John Wiley & Sons. This book was released on 2015-03-30 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Train your brain to be a real contrarian and outsmart the crowd Beat the Crowd is the real contrarian’s guide to investing, with comprehensive explanations of how a true contrarian investor thinks and acts – and why it works more often than not. Bestselling author Ken Fisher breaks down the myths and cuts through the noise to present a clear, unvarnished view of timeless market realities, and the ways in which a contrarian approach to investing will outsmart the herd. In true Ken Fisher style, the book explains why the crowd often goes astray—and how you can stay on track. Contrarians understand how headlines really affect the market and which noise and fads they should tune out. Beat the Crowd is a primer to the contrarian strategy, teaching readers simple tricks to think differently and get it right more often than not. Discover the limits of forecasting and how far ahead you should look Learn why political controversy matter less the louder it gets Resurrect long-forgotten, timeless tricks and truths in markets Find out how the contrarian approach makes you right more often than wrong A successful investment strategy requires information, preparation, a little bit of brainpower, and a larger bit of luck. Pursuit of the mythical perfect strategy frequently lands folks in a cacophony of talking heads and twenty-four hour noise, but Beat the Crowd cuts through the mental clutter and collects the pristine pieces of actual value into a tactical approach based on going against the grain.


Trading Against the Crowd

Trading Against the Crowd

Author: John F. Summa

Publisher: John Wiley & Sons

Published: 2004-10-27

Total Pages: 227

ISBN-13: 0471701017

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Efficient market theorists contend that markets are random and thus not predictable. With the publication of Trading Against theCrowd, however, noted author, economist, and professional trader John Summa convincingly shows that investor sentiment can be incorporated into profitable stock and stock market trading systems. In this groundbreaking book, Summa explains how to use popular gauges of crowd psychology, such as put/call ratios, option-implied volatility, short sales, investor surveys, and advisory opinion to trade against, or contrary to, prevailing market sentiment. He also makes compelling arguments against the efficient markets hypothesis with the presentation of his own quantitative weekly bear and bull news-flow intensity indices, which he builds from news scans. This data series, and other popular measures of crowd psychology, are processed through custom indicators that are programmed into profitable trading systems, such as Squeeze Play I & II, Tsunami Sentiment Wave, and the Fourth Estate. Trading Against the Crowd is the first book to provide a comprehensive assessment of investor crowd psychology, offering valuable market timing tools and trading techniques, including: MetaStock and Trade Station system and custom indicator code; comparative statistical studies of CBOE, OEX, and equity-only put/call ratios; straightforward instructions for combining price triggers with sentiment indicators; a practical guide to understanding put/call ratios, short sales, investor surveys, newsletter opinion, and stock market news-flow intensity; how to use LEAP options as trading vehicles to avoid use of stop loss orders; use of put/call ratios for trading the Treasury bond futures market; and test results and evaluation of trading system performance. Many of today’s professional money managers rely on investor sentiment for improved market timing. They know that at extremes of market sentiment, markets tend to be the most predictable.Trading Against the Crowd shows how you can begin to profit from these short- to medium-term sentiment waves generated by the actions of the speculative crowd. Put into practice powerful sentiment data using thoroughly back-tested trading systems, and rise above the herd mentality of the investor crowd, where potentially large profits await.


Book Synopsis Trading Against the Crowd by : John F. Summa

Download or read book Trading Against the Crowd written by John F. Summa and published by John Wiley & Sons. This book was released on 2004-10-27 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Efficient market theorists contend that markets are random and thus not predictable. With the publication of Trading Against theCrowd, however, noted author, economist, and professional trader John Summa convincingly shows that investor sentiment can be incorporated into profitable stock and stock market trading systems. In this groundbreaking book, Summa explains how to use popular gauges of crowd psychology, such as put/call ratios, option-implied volatility, short sales, investor surveys, and advisory opinion to trade against, or contrary to, prevailing market sentiment. He also makes compelling arguments against the efficient markets hypothesis with the presentation of his own quantitative weekly bear and bull news-flow intensity indices, which he builds from news scans. This data series, and other popular measures of crowd psychology, are processed through custom indicators that are programmed into profitable trading systems, such as Squeeze Play I & II, Tsunami Sentiment Wave, and the Fourth Estate. Trading Against the Crowd is the first book to provide a comprehensive assessment of investor crowd psychology, offering valuable market timing tools and trading techniques, including: MetaStock and Trade Station system and custom indicator code; comparative statistical studies of CBOE, OEX, and equity-only put/call ratios; straightforward instructions for combining price triggers with sentiment indicators; a practical guide to understanding put/call ratios, short sales, investor surveys, newsletter opinion, and stock market news-flow intensity; how to use LEAP options as trading vehicles to avoid use of stop loss orders; use of put/call ratios for trading the Treasury bond futures market; and test results and evaluation of trading system performance. Many of today’s professional money managers rely on investor sentiment for improved market timing. They know that at extremes of market sentiment, markets tend to be the most predictable.Trading Against the Crowd shows how you can begin to profit from these short- to medium-term sentiment waves generated by the actions of the speculative crowd. Put into practice powerful sentiment data using thoroughly back-tested trading systems, and rise above the herd mentality of the investor crowd, where potentially large profits await.


NFL Betting Biases, Profitable Strategies, and the Wisdom of the Crowd

NFL Betting Biases, Profitable Strategies, and the Wisdom of the Crowd

Author: Corey A. Shank

Publisher:

Published: 2018

Total Pages: 25

ISBN-13:

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This paper finds that betting biases in the NFL market go beyond preferring to bet on the favorite team and the over. The results show that as more bettors place wagers, the percentage of wagers on the favorite team increases. Additionally, bettors have a preference to bet against the line movement to receive better betting odds in the point spread market. Moreover, bettors prefer betting on the favorite when the away team has lost recent games and on the over when the home team has been covering the over in recent games. Furthermore, bettors have a nonlinear preference in the point spread betting, as they are less likely to wager on the favorite when the spread is small or large. Finally, economically profitable strategies are put forth based upon the percentage of bettors betting on the favorite or over by using a contrarian strategy when 50% to 60% of bettors place the same wager. These results have important implications as they can be used by the sportsbook to create betting lines to maximize profit.


Book Synopsis NFL Betting Biases, Profitable Strategies, and the Wisdom of the Crowd by : Corey A. Shank

Download or read book NFL Betting Biases, Profitable Strategies, and the Wisdom of the Crowd written by Corey A. Shank and published by . This book was released on 2018 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper finds that betting biases in the NFL market go beyond preferring to bet on the favorite team and the over. The results show that as more bettors place wagers, the percentage of wagers on the favorite team increases. Additionally, bettors have a preference to bet against the line movement to receive better betting odds in the point spread market. Moreover, bettors prefer betting on the favorite when the away team has lost recent games and on the over when the home team has been covering the over in recent games. Furthermore, bettors have a nonlinear preference in the point spread betting, as they are less likely to wager on the favorite when the spread is small or large. Finally, economically profitable strategies are put forth based upon the percentage of bettors betting on the favorite or over by using a contrarian strategy when 50% to 60% of bettors place the same wager. These results have important implications as they can be used by the sportsbook to create betting lines to maximize profit.


The Sceptical Investor

The Sceptical Investor

Author: John Stepek

Publisher: Jaico Publishing House

Published: 2019-10-17

Total Pages: 251

ISBN-13: 9388423666

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How Contrarians Bet Against the Market and Win—and You Can Too Standing out from the crowd goes against our natural instinct. Which is, of course, why it works. With the relentless growth of passive investing—investors blindly following the market—the opportunities for a smart investor to profit by betting against the crowd should be greater than ever. Yet, being a contrarian is hard work. You need to adopt a sceptical mindset: a flexible mode of thinking that allows you to stand back and spot when the market’s view of the world is badly out of touch with reality—and the best way to profit when reality eventually reasserts itself. In The Sceptical Investor, John Stepek, Executive Editor of MoneyWeek, pulls together the latest research on behavioural finance, and examples from well-known contrarian investors, to offer practical techniques to help you spot opportunities in common investment situations, from turnaround plays to bubbles and busts, that others in the market miss. JOHN STEPEK has been writing about business, economics and investment for more than 20 years. He is the Executive Editor of MoneyWeek, a bestselling weekly investment magazine.


Book Synopsis The Sceptical Investor by : John Stepek

Download or read book The Sceptical Investor written by John Stepek and published by Jaico Publishing House. This book was released on 2019-10-17 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: How Contrarians Bet Against the Market and Win—and You Can Too Standing out from the crowd goes against our natural instinct. Which is, of course, why it works. With the relentless growth of passive investing—investors blindly following the market—the opportunities for a smart investor to profit by betting against the crowd should be greater than ever. Yet, being a contrarian is hard work. You need to adopt a sceptical mindset: a flexible mode of thinking that allows you to stand back and spot when the market’s view of the world is badly out of touch with reality—and the best way to profit when reality eventually reasserts itself. In The Sceptical Investor, John Stepek, Executive Editor of MoneyWeek, pulls together the latest research on behavioural finance, and examples from well-known contrarian investors, to offer practical techniques to help you spot opportunities in common investment situations, from turnaround plays to bubbles and busts, that others in the market miss. JOHN STEPEK has been writing about business, economics and investment for more than 20 years. He is the Executive Editor of MoneyWeek, a bestselling weekly investment magazine.


Betting on You

Betting on You

Author: Laurie Ruettimann

Publisher: Henry Holt and Company

Published: 2021-01-12

Total Pages: 240

ISBN-13: 1250269792

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"Indispensable reading for anyone seeking to improve their professional selves." —Daniel H. Pink, #1 New York Times bestselling author of When An essential guide for how to snap out of autopilot and become your own best advocate, with candid anecdotes and easy-to-adopt steps, from veteran HR specialist and popular podcast host Laurie Ruettimann Chances are you've spent the past few months cooped up inside, buried under a relentless news cycle and work that never seems to switch off. Millions of us worldwide are overworked, exhausted, and trying our hardest—yet not getting the recognition we deserve. It’s time for a fix. Top career coach and HR consultant Laurie Ruettimann knows firsthand that work can get a hell of a lot better. A decade ago, Ruettimann was uninspired, blaming others and herself for the unhappiness she felt. Until she had an epiphany: if she wanted a fulfilling existence, she couldn’t sit around and wait for change. She had to be her own leader. She had to truly take ahold of life—the good, the bad, and the downright ugly—in order to transform her future. Today, as businesses prioritize their bottom line over employee satisfaction and workers become increasingly isolated, the need to safeguard your well-being is crucial. And though this sounds intimidating, it’s easier to do than you think. Through tactical advice on how to approach work in a smart and healthy manner, which includes knowing when to sign off for the day, doubling down on our capacity to learn, fixing those finances, and beating impostor syndrome once and for all, Ruettimann lays out the framework necessary to champion your interests and create a life you actually enjoy. Packed with advice and stories of others who regained control of their lives, Betting on You is a game-changing must-read for how to radically improve your day-to-day, working more effectively and enthusiastically starting now.


Book Synopsis Betting on You by : Laurie Ruettimann

Download or read book Betting on You written by Laurie Ruettimann and published by Henry Holt and Company. This book was released on 2021-01-12 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Indispensable reading for anyone seeking to improve their professional selves." —Daniel H. Pink, #1 New York Times bestselling author of When An essential guide for how to snap out of autopilot and become your own best advocate, with candid anecdotes and easy-to-adopt steps, from veteran HR specialist and popular podcast host Laurie Ruettimann Chances are you've spent the past few months cooped up inside, buried under a relentless news cycle and work that never seems to switch off. Millions of us worldwide are overworked, exhausted, and trying our hardest—yet not getting the recognition we deserve. It’s time for a fix. Top career coach and HR consultant Laurie Ruettimann knows firsthand that work can get a hell of a lot better. A decade ago, Ruettimann was uninspired, blaming others and herself for the unhappiness she felt. Until she had an epiphany: if she wanted a fulfilling existence, she couldn’t sit around and wait for change. She had to be her own leader. She had to truly take ahold of life—the good, the bad, and the downright ugly—in order to transform her future. Today, as businesses prioritize their bottom line over employee satisfaction and workers become increasingly isolated, the need to safeguard your well-being is crucial. And though this sounds intimidating, it’s easier to do than you think. Through tactical advice on how to approach work in a smart and healthy manner, which includes knowing when to sign off for the day, doubling down on our capacity to learn, fixing those finances, and beating impostor syndrome once and for all, Ruettimann lays out the framework necessary to champion your interests and create a life you actually enjoy. Packed with advice and stories of others who regained control of their lives, Betting on You is a game-changing must-read for how to radically improve your day-to-day, working more effectively and enthusiastically starting now.


Martial Arts Collection: Jade Dragon and the Handsome Guest

Martial Arts Collection: Jade Dragon and the Handsome Guest

Author: Zhixin Lin

Publisher: Zhixin Lin

Published:

Total Pages: 1137

ISBN-13:

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Book Synopsis Martial Arts Collection: Jade Dragon and the Handsome Guest by : Zhixin Lin

Download or read book Martial Arts Collection: Jade Dragon and the Handsome Guest written by Zhixin Lin and published by Zhixin Lin. This book was released on with total page 1137 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Ralph Compton Never Bet Against the Bullet

Ralph Compton Never Bet Against the Bullet

Author: Jackson Lowry

Publisher: Penguin

Published: 2020-06-02

Total Pages: 322

ISBN-13: 0593100662

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In this thrilling new Ralph Compton Western, the fate of a small town rests in the hands of a gambler who’s ready to risk more than money. The people of Meridian, Colorado, live and die by coal mining, and when the railroad bypasses them, their livelihood is in peril. However, they discover that for a hefty sum of money they can create a spur line and save the town. A hefty sum that the town does not have. Their only hope is former gambler Asa Newcombe. The townspeople pool their money so Newcombe can enter the big poker game in Golden Junction, and as much as he wants to leave his past life behind, the whole town is counting on him. Winning the big pot will burnish his reputation, but his goal is simple: Get the money and get out alive. His opponents include wealthy ranchers, tinhorn gamblers, and men who are outright criminals—and many of them will stop at nothing to make their fortune, even if they have to cheat, drug, or kill to do so....


Book Synopsis Ralph Compton Never Bet Against the Bullet by : Jackson Lowry

Download or read book Ralph Compton Never Bet Against the Bullet written by Jackson Lowry and published by Penguin. This book was released on 2020-06-02 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this thrilling new Ralph Compton Western, the fate of a small town rests in the hands of a gambler who’s ready to risk more than money. The people of Meridian, Colorado, live and die by coal mining, and when the railroad bypasses them, their livelihood is in peril. However, they discover that for a hefty sum of money they can create a spur line and save the town. A hefty sum that the town does not have. Their only hope is former gambler Asa Newcombe. The townspeople pool their money so Newcombe can enter the big poker game in Golden Junction, and as much as he wants to leave his past life behind, the whole town is counting on him. Winning the big pot will burnish his reputation, but his goal is simple: Get the money and get out alive. His opponents include wealthy ranchers, tinhorn gamblers, and men who are outright criminals—and many of them will stop at nothing to make their fortune, even if they have to cheat, drug, or kill to do so....