Anatomy of the Bear av Russell Napier

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<p>How does one spot the bottom of a bear market? What brings a bear to its end?<br><br>There are few more important questions to be answered in modern finance. Financial market history is a guide to understanding the future. Looking at the four occasions when US equities were particularly cheap - 1921, 1932, 1949 and 1982 - Russell Napier sets out to answer these questions by analysing every article in the Wall Street Journal from either side of the market bottom.<br><br>In the 70,000 articles he examines, one begins to understand the features which indicate that a great buying opportunity is emerging.<br><br>By looking at how markets really did work in these bear-market bottoms, rather than theorising how they should work, Napier offers investors a financial field guide to making the best provisions for the future.<br><br>This new edition includes a brand new preface from the author and a foreword by Merryn Somerset Webb.</p>