FSN In Depth: Richard Lehman, Far From Random
Many market participants consider the assumption that market movement can be forecast with any consistency foolhardy. Combining the theories and behavioral finance--the idea that market movements is influenced by human behavior and humans are not always rational investors--and a tool of technical analysis (trend channels), Richard Lehman demonstrates that market movement has clearly discernible trends that can be forecast.
Richard Lehman is the coauthor of New Insights on Covered Call Writing, with Lawrence McMillan (Bloomberg Press, 2003). Lehman is an instructor of both finance and derivatives at UC Berkeley Extension and a vice president in the wealth management group at Mechanics Bank in Richmond, California. His financial career spans more than thirty years in product management, marketing, and investment management, beginning with an eleven-year stint on Wall Street with E. F. Hutton, Thomson McKinnon, and the New York Stock Exchange. He lives in Richmond, CA.