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About the Book

For many investors, the stock market is little more than a guessing game. The stock market bubble of the late 1990s had many investors convinced that the rules of the game had changed and that this time, it really was different. What Works on Wall Street, Third Edition—with all new data through 2003— shows that it's never different this time. Armed with earlier editions of this book, investors would have avoided the devastation visited on the high risk stocks that were the favorites of investors during the bubble.

What Works on Wall Street, Third Edition, takes the guesswork out of your investment decision-making. This in-depth, updated and data-driven book looks at key strategies and benchmarks that millions of investors rely on to make their investment decisions, and tells you which of these tools have provided investors with the best longterm results.

Acclaimed author and portfolio manager James P. O’Shaughnessy presents factual, unbiased and unexpected findings that prove you can do vastly better than the market simply by consistently using stock selection strategies that have withstood the test of time.

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PRAISE FOR
WHAT WORKS ON WALL STREET
  
“What investment strategies have worked over the last 40 years? Ask this man.”
—BARRON’S
 
“O’Shaughnessy’s latest, What Works on Wall Street, is a serious inquiry into the investment strategies that stand up under long-term scrutiny and is refreshing research for every investor.”
—STOCKS AND COMMODITIES
 
“O’Shaughnessy’s study is already making waves in the investment community . . . could well become a classic.”
—SMART MONEY
 
“O’Shaughnessy’s conclusion that some strategies do produce consistently strong results while others underperform could shake up the investment business.”
—BARRON’S
 
“James O’Shaughnessy . . . has enshrined P/S in the investing hall of fame in his superb new book, What Works on Wall Street.”
—James K. Glassman,
THE WASHINGTON POST
 
 
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