Market-based-forecasting

I found this to be an excellent book on forecasting financial markets. There is a very readable explanation about how to use forecasts for asset allocation and how some famous Wall Street analysts do their forecasting. I enjoyed this book and found it well written. This book is probably best for intermediate to expert financial people, however.

This book explained in plain English how to model financial markets using common forecasting tools. I was especially interested in the thorough review of how data can be used and misused to create a forecast. This is important because it is directly related to the reliability of a forecast, which was also discussed in depth. There also an easy-to-understand explanation of modern portfolio theory, as well as a review of the approaches of three other Wall Street practioners. Altogether an excellent book.