Models for Investors in Real World Markets
Will be published approx. on 29. November 2002
Book
Hardback
408 pages
978-0-471-35628-8 (ISBN)
Description
* Considers neoclassical models in light of results that can go wrong with them to bring about better models.
* Questions the assumption that markets clear quickly.
* Offers a timely examination of the LTCM collapse.
* Written by a group of well-respected and highly qualified authors.
Reviews / Votes
"This volume provides a new, antiefficient markets approach to investment theory and management...a valuable reference..." (Zentralblatt Math, Vol.1050, 2005) "...very readable and highly educational...a good choice for your next investment..." (Technometrics, Vol. 45, No. 3, August 2003)"...examines investment strategies based on risk-neutral probabilities and offers an anti-efficient markets approach to investment theory and management." (AAII Journal, August 2003)
More details
Product info
gebunden
Series
Edition
1. Auflage
Language
English
Place of publication
United States
Publishing group
John Wiley & Sons Inc
Target group
College/higher education
Professional and scholarly
Product notice
sewn/stitched
Cloth over boards
Illustrations
Charts: 18 B&W, 0 Color; Tables: 105 B&W, 0 Color; Graphs: 62 B&W, 0 Color
Dimensions
Height: 241 mm
Width: 156 mm
Thickness: 24 mm
Weight
689 gr
ISBN-13
978-0-471-35628-8 (9780471356288)
Schweitzer Classification
Other editions
Additional editions
James R. Thompson | Edward E. Williams | M. Chapman Findlay
Models for Investors in Real World Markets
E-Book
11/2009
Wiley
€143.99
Available for download
Persons
JAMES R. THOMPSON, PhD, is the Noah Harding Professor of Statistics at Rice University.
EDWARD E. WILLIAMS, PhD, is Henry Gardiner Symonds Professor at the Jesse H. Jones Graduate School of Business Administration at Rice University.
M. CHAPMAN FINDLAY, III, PhD, is President and Director of Fin Fin Inc., and Director of First Texas Venture Capital, LLC, and a principal at Findlay, Phillips and Associates in Los Angeles, California.
Content
Preface.
Introduction and the Institutional Environment.
Some Conventional Building Blocks (With Various Reservations).
Diversification and Portfolio Selection.
Capital Market Equilibrium Theories.
Equilibrium Implying Efficiency: The Neoclassical Fantasy.
More Realistic Paradigms for Investment.
Security Analysis.
Empirical Financial Forecasting.
Stock Price Growth as Noisy Compound Interest.
Investing in Real World Markets: Returns and Risk Profiles.
Common Stock Options.
Summary, Some Unsettled (Unsettling) Questions, and Conclusions.
Appendix A: A Brief Introduction to Probability and Statistics.
Appendix B: Statistical Tables.
Index.