RT Journal Article
SR Electronic
T1 A Discussion of Investing Theories
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 15
OP 22
DO 10.3905/jwm.2003.320460
VO 5
IS 4
A1 Arnaldo Oliveira
YR 2003
UL https://pm-research.com/content/5/4/15.abstract
AB This article examines four leading investing theories: 1) the firm-foundation theory of S. Eliot Guild, 2) the theory of investment value of John B. Williams, 3) the John M. Keynes castle-in-the-air theory, and 4) the theory of games and economic behavior of John Von Neumann and Oskar Morgenstern. It discusses the use of fundamental and technical analysis by each theory, as well as the asset valuations models derived from the four of them. This article thus synthesizes, compares, and contrasts the four theories and proposes a holistic approach for future financial research.