What's wrong with Wall Street: short-term gain and the absentee shareholder
Lowenstein accuses large shareholders--with pension and mutual funds--of abdicating their true ownership responsibilities, joining the ranks of traders and speculators. He suggests they reclaim their proper role.
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What's wrong with Wall Street: short-term gain and the absentee shareholderUser Review - Not Available - Book Verdict
Present-day financial markets, observes Columbia professor Lowenstein, have evolved into a speculative, short-term trading environment contrary to investors' best interests. The message is not new ... Read full review
Investment Versus Speculation 13
Never Forget Rule No 1 31
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