Bücher veröffentlicht von New Classics Library

Ralph Nelson Elliott (1871-1948) was of that rarest of breeds, a true scholar in the practical world of finance. His fascinating theory of stock market behavior is remarkably unique in that it goes way beyond the usual "get rich quick" methods so characteristic of the bulk of the literature. As A. Hamilton Bolton, founder of the Bank Credit Analyst, said, "He developed his principle into a rational method of stock market analysis on a scale never before attempted. In fact, the Wave Principle is much bigger than a mere stock market method. Over the years, it has has a profound effect on a small coterie of investors who not only have the ability to recognize a theory of immense practical value, but who have the ability to recognize a theory of immense practical value, but who have the ability to appreciate the aesthetic beauty of the human experience in the abstract. The Wave Principle has fascinated philosophers, mathematicians, psychologists, theologians and financiers alike. Now, for the first time ever, after being out of print for decades, the original works of R. N. Elliott have been made available in this one complete volume.

A. J. Frost was A. Hamilton Bolton's successor as the reigning dean of the Wave Principle. Everything he ever published on the subject is in this book. In his 1967 and 1970 Elliott Wave supplements to The Bank Credit Analyst, Frost forecasts the ending level for the 1966-1974 bear markets in the Dow to the point and entertains us with two spirited Q&A's.Also included is a 1968 supplement by Russell L. Hall, which was co-written by Frost, along with letters between Dr. Max Resnick and Charles J. Collins.These reprints, compiled by Robert Prechter, along with those in our companion novel, The Complete Elliott Wave Writings of A. Hamilton Bolton, complete the presentation of the Bank Credit Analyst's entire Elliott wave output.The incomparable Richard Russell of Dow Theory Letters, who conferred often with Frost, brilliantly blazed the market's trail in the 1970s. Every word Russell wrote about the Wave Principle is here too, including one of the greatest calls of all time: his recognition of the end of the bear market at the December 1974 low.Ending our tome is a delightful section revealing some of A.J.'s more general thoughts on the Wave Principle and markets. It's the fun part so you can read it first or hold it for dessert.

The Socionomic Theory of Finance is a 13-year-long effort by Robert Prechter. It includes supporting chapters from twelve other scholars, writers, researchers and analysts. In contrast to the dismal science of economics, Prechter's theory is original, exciting and intellectually fulfilling. Every chapter rebuts conventions and offers ground-breaking insights in presenting a cohesive model with real-world application. The book draws a crucial distinction between finance and economics and ties both fields to human social behavior. Top reviewers from multiple disciplines have offered acclaim. Professor Terry Burnham calls it "the best book ever written on financial markets." In time, STF will transform the thinking of every individual in the world of finance. Read it and be among the first.