This book is a sequel to An Introduction to Risk and Return from
Common Stocks (The MIT Press, 1969), although it is fully
self-contained and can be read independently. Both books describe
in non-technical language the behavior of common stock prices as
revealed by formal statistical work. In the process they offer a
broad survey of recent quantitative academic research on the
subject, much of which is currently in an inaccessible form.The
earlier book, which the New York Times says "rates high as reading
for every professional investor," was concerned with the basic
factors affecting risk and return from common stocks. The present
work is concerned primarily with unusual factors that may influence
the value of an investment. It is divided into three parts: the
first considers various company decisions that may affect the price
of its stock (decisions on capital structure, dividend policy, and
acquisitions); the second looks at particular types of activity in
the stock (insider trading, short selling, and secondary
distributions); while the third considers securities that are
convertible to common stock.Richard Brealey continues to cover new
ground. Little of the material in this book can be found in
existing investments texts, and like his first book, it should
provide an invaluable source of information for the professional
investor and may well be received in the same spirit.
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!