Style Investing: Unique Insight Into Equity Management

This is a very unique book. It covers topics which other books do not. Most other investingbooks look at stock picking, technical methodsfor market timing, or basic value vs. growthstrategies.This book goes beyond these areas and suggestshow and why value vs. growth cycles occur. It also touches on topics not discussed in other areas, like the earnings life cycle,equity duration, and the macroeconomic variablesthat influence the stock market. It also touches on how institutional investors behaveand criticizes, justifiably, some of the decisions they make. I have read about 300 books on the markets,and this is quite unique. I thought I hadread it all after over almost a decade as afull time trader.

An insightful read. Perhaps more could have been made of the investment practicalities involved in when to actually make a transition from one style to another. It would also have been nice to have been given further details on style index constuction in order to aid the investment profesional. But overall, a seminal and defining book on style investment.