What Works on Wall Street, Fourth Edition: The Classic Guide to the Best-Performing Investment Strategies of All Time

Historically tested long-term strategies that always outperform the market “O’Shaughnessy’s conclusion that some strategies do produce consistently strong results while others underperform could shake up the investment business.” —Barron’s “What Works on Wall Street is indisputably a major contribution to empirical research on the behavior of common stocks in the United States. . . . Conceivably, the influence of What Works on Wall Street will prove immense.” —The Financial Analysts’ Journal “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 “A bible for investment strategies. . .” —Seeking Alpha About the Book: Recent history has witnessed one of the worst stock market beatings ever. As a result, abysmal returns are being called “the new normal,” financial “experts” are ringing the death knell of buy-and-hold, and