LEADER 00000pam  2200325 i 4500 
003    DLC 
005    20190301122826.0 
008    180618s2018    nyua     b    001 0 eng   
010      2018027535 
020    9781260440546 (hardback) 
020    1260440540 
040    DLC|beng|erda|cDLC|dIMmBT|dUtOrBLW 
042    pcc 
082 00 332.6|223 
092    332.6|bJAC 
100 1  Jacobs, Bruce I.,|eauthor. 
245 10 Too smart for our own good :|bingenious investment 
       strategies, illusions of safety, and market crashes /
       |cBruce I. Jacobs. 
264  1 New York :|bMcGraw-Hill Education,|c[2018] 
300    xv, 440 pages :|billustrations ;|c24 cm 
336    text|btxt|2rdacontent 
337    unmediated|bn|2rdamedia 
338    volume|bnc|2rdacarrier 
504    Includes bibliographical references (pages 355-416) and 
       index. 
520    "Leading financial thinker and successful funds manager 
       Bruce I. Jacobs reveals how markets crash as the result of
       investment strategies that purport to reduce risk but that
       ultimately backfire. Are financial crises really "perfect 
       storms" or are they the result of investment strategies 
       that create an illusion of safety? Too Smart for Our Own 
       Good reveals how investors invariably fall for investment 
       strategies that offer illusory promises of higher returns 
       and protection from losses, but end in greater risk for 
       markets and the economy. The book examines the influence 
       of such strategies on the 1987 stock market crash, the 
       1998 collapse of hedge fund Long-Term Capital Management, 
       and the 2007-2008 credit crisis. Investors who are aware 
       of the common threads that connect these market 
       disruptions can avoid the mistakes of the past and 
       anticipate future market crises. The book provides a 
       "behind the curtain" look at the investment approaches and
       instruments that caused several recent financial crises"--
       |cProvided by publisher. 
520    "How to invest safely and smartly, while avoiding the 
       pitfalls that many people run into"--|cProvided by 
       publisher. 
650  0 Investments. 
650  0 Portfolio management. 
650  0 Financial crises.