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more than the sum of it's edited parts....

Well crafted and useful

a Better Bradford Book

Still don't understand the ERP puzzle
The Equity Risk PremiumThe thesis of the book is that the equity risk premium for stocks, which is the compensation given to equity investors for holding shares of risky common stocks, was below, perhaps much below, what was historically normal. This implied that investors came to view common stocks as being a much less risky investment than stocks had been in the past. Indeed, a quite common view of many investors before the recent fall in the stock market was the view that common stock were an appropriate vehicle for "savings" rather than just for "investment." The implication of this perception by some investors is that equities in general were likely to continue to rise in price over time and thus represented a "safe" or at least low risk vehicle for discretionary income that was not spent.
However, periods of relative low perceived risk usually do not last and are followed by periods of relatively higher perceived risk. The current period we are now in appears to be one in which the uncertainties regarding the stock market have increased and thus investors are now demanding greater compensation, that is, a higher risk premium, for bearing those uncertainties.
The reason the book does not get five stars is that the book misspecifies the constant dividend growth model equation that forms the basis for the author's explanation of the adjustment in the equity risk premium. However, this oversight should not prevent the reader from getting a great explanation of how the prices of common stocks adjust to risks from this fine book.
Readable, Reasonalble, Rational

Tips for Survival
Anyone planning an extended stay in the woods
The Best of its kind, belongs in everyone's backpack

Don't botherI was extremely disappointed. The book was not worth the time. There is nothing to hold your interest - no strong characters or character development, no interesting plot, no sharp writing or snappy dialogue.
In short, a waste of time...
You COULD put yourself in Meg's shoes...
You Can Put Yourself in Meg' s Shoes!

WASTE OF PAPER!
ART versus communication (ART wins)
such dispare reviews

Big, thick, loaded and somewhat confusing in parts
This is THE book for serious study of corporate finance !Thankfully this book by Ross and also another by Haim Levy save my day and correct my almost biased opinion about business academics (disorganized to the extent that can't even produce an honest and sincere introduction of finance with clarity and organized structure, that I sometimes wonder do these people know their work or not ?).
Really I don't know why some people discount Ross completely, because this is really one of the more decent and organized texts available about corporate finance. Anyone who wants to have serious learning about corporate finance should really take a look at Ross and also Haim Levy. Have patience and you will see where the author is leading you to. I am speaking from someone with ZERO background and experience in finance and business.
Excellent textIt seems there are a few people here who try to counterbalance each review that is awarded a 5-star rating with one that is a 1-star rating although their arguments do not hold water. My suggestion is to take a look at this book for yourself and simply return it if you're not happy with it. The fact the so many universities have adopted this text AND continue to use it says a lot.


Not the definitive book on Cook.There is no doubt that Washburn drew on a vast amount of his own research for this book, although how much he wrote and how much was written by his coauthor is not clear. It is also clear that he reached his conclusion concerning Cook's false claim to have climbed Mount McKinley long before Bryce started his work. This is not a case of deliberate plagarism, and it not clear that Bryce's text was copied. However, it is unfortunate, that such a distinguished career ends on this note.
Nevertheless, if you are really interested in this subject, and Cook is very interesting, you need to read Bryce's book. He has footnoted his sources, discussed the matter at greater detail and his conclusion seems irrefutable.
Pleased say that we personally know a great author, congrats
Brilliant! Long overdue!What fascinates me is how Cook got the public to believe it by working the media. His magazine stories and photos, books, lectures, all created the illusion that he had done something spectacular. But he had not! He only went camping ...
Washburn is a remarkable individual, a fine writer, and a photographer on a par with Ansel Adams. This work is a masterpiece from a mountaineering genius. It is too bad he had nothing more than Cook to use as a foil.
By the way - the publisher made a serious mistake using the smallest type font used for body text I have ever seen in a book. One could increase font size several points and still have generous margins. What were they thinking? This is tiny text! A flaw I'll try to overlook from this magnificent end to the Cook debate.


o'reilly should be embarrased!!I found numerous errors in the examples -- speaking
at work to a colleague I recall we laughed at this book --
It was such a disaster.
I may read the book again (over the last few years I learned a lot about
pthreads) and give a careful analysis of it.
I had a first printing -- there were gobs of errata on
Oreilly's site -- maybe they put in enough corrections so
the examples run -- but I'm amazed how shoddy the first printing was.
Stay away from it...
Not the best effort I've read...Multi-threaded programming is difficult enough, why make it harder for yourself?
Pretty Good