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" 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 investors' faith in equities has hit an all-time low. You have two choices. You can abandon the stock market based on what is happening today. Or you can invest today based on what will happen in the future. Containing all new data, "What Works on Wall Street," Fourth Edition, is the only investing guide that lets you see today's market in its proper context-- as part of the historical ebb and flow of the stock market. And when you see the data, you'll see there is no argument: Stocks work. Now in its second decade of helping investors succeed with stocks, "What Works on Wall Street" continues to provide the most effective investing strategies, presenting incontrovertible data on what works and what doesn't. Updated with current statistics and brand-new features, "What Works on Wall Street" offers data on almost 90 years of market performance, including: Stocks ranked by market capitalizationPrice-to-earnings ratiosEBITDA to enterprise valuePrice-to-cash flow, -sales, and -book ratiosDividend, buyback, and shareholder yieldsOne-year earnings-per-share percentage changes Providing you with unparalleled insights into stock performance going back to 1926, "What Works on Wall Street" is a refreshingly calming, objective view of a subject that is usually wrapped in drama, hyperbole, and opinions that are plain wrong. This comprehensive guide provides the objective facts and winning strategies you need; all you have to do is make the decision to ignore the so-called market experts and rely on the long-proven approach that has made "What Works on Wall Street" an investing classic.

詹姆斯·奥肖内西，奥肖内西资产管理公司主席兼CEO，该公司是一家位于康涅狄格州的资产管理公司。奥肖内西曾在贝尔斯登担任投资组合经理、系统证券主任与高级管理主任。他是证券定量化分析与投资管理领域的专家。同时他还善于投资模型与调研决策系统的运作。从1995年开始。他就将标准普尔数据库的投资策略数据进行定量化分析，并将结果整理到他的著作《投资策略实战分析》中，这本书是驰名华尔街的经典畅销书。奥肖内西因其投资策略而荣获美国专利，并被福布斯网站评为最传奇的投资者之一。