Books > Business & Economics > Finance & accounting > Finance > Investment & securities
|
Buy Now
Risk-Return Analysis, Volume 2: The Theory and Practice of Rational Investing (Hardcover, Ed)
Loot Price: R2,068
Discovery Miles 20 680
|
|
Risk-Return Analysis, Volume 2: The Theory and Practice of Rational Investing (Hardcover, Ed)
Expected to ship within 10 - 15 working days
|
The Nobel Prize-winning Father of Modern Portfolio Theory returns
with new insights on his classic work to help you build a lasting
portfolio today Contemporary investing as we know it would not
exist without these two words: "Portfolio selection." Though it may
not seem revolutionary today, the concept of examining and
purchasing many diverse stocks-creating a portfolio-changed the
face of finance when Harry M. Markowitz devised the idea in 1952.
In the past six decades, Markowitz has risen to international
acclaim as the father of Modern Portfolio Theory (MPT), with his
evaluation of the impact of asset risk, diversification, and
correlation in the risk-return tradeoff. In defending the idea that
portfolio risk was essential to strategic asset growth, he showed
the world how to invest for the long-run in the face of any
economy. In Risk Return Analysis, this groundbreaking four-book
series, the legendary economist and Nobel Laureate returns to
revisit his masterpiece theory, discuss its developments, and prove
its vitality in the ever-changing global economy. Volume 2 picks up
where the first volume left off, with Markowitz's personal
reflections and current strategies. In this volume, Markowitz
focuses on the relationship between single-period choices-now-and
longer run goals. He discusses dynamic systems and models, the
asset allocation "glide-path," inter-generational investment needs,
and financial decision support systems. Written with both the
academic and the practitioner in mind, this richly illustrated
volume provides investors, economists, and financial advisors with
a refined look at MPT, highlighting the rational decision-making
and probability beliefs that are essential to creating and
maintaining a successful portfolio today.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.