Book & podcast collection

Being Right or Making Money

byNed Davis

Market analyst Ned Davis explores the tension between defending a forecast and responding to what markets are actually doing. Drawing on decades of technical and quantitative research, he argues that investment success depends on disciplined indicators, historical evidence, risk controls, and a willingness to change position when conditions change. The book examines sentiment, monetary trends, valuation, momentum, and economic cycles while emphasizing the emotional difficulty of acting objectively. Davis's central lesson is that being intellectually right about an eventual outcome is less important than managing exposure and preserving capital along the path.

Publisher

Wiley & Sons, Limited, John

Publication date

2000

Format

Print edition

Pages

256

ISBN

9781118992067