Puzzles of finance

Six practical problems and their remarkable solutions

Mark P. Kritzman

202 pages, parution le 01/01/2000

Ajouter à une liste

Indisponible

Résumé

". . . an extraordinary combination of the elements of finance, commonsense wisdom, sparkling humor, shining clarity, and enviable originality. This is a potent blend by any standard of measurement. Long time Kritzman watchers, however, would anticipate nothing less."
-Peter L. Bernstein, Author, Against the Gods "A modest, lively, clever, little book. Kritzman's puzzles range from party tidbits to the profound, and each is presented with a bit of history, a lot of insight, and just the right measure of wit. While he may not have intended it to be more than a collection of interesting conundrums, Kritzman has actually created a wonderful introduction to finance for the uninitiated with challenges for even the most sophisticated."
-Stephen A. Ross, Franco Modigliani Professor of Finance and Economics,Sloan School, MIT; Co-Chairman, Roll and Ross Asset Management Corp. "Some people do crosswords. Mark Kritzman does financial puzzles and his explications amuse and instruct. Financial theory has never been this much fun."
-Jack R. Meyer, President, Harvard Management Company Contents

Siegel's Paradox
Likelihood of Loss
Time Diversification
Why the Expected Return Is Not to Be Expected
Half Stocks All the Time or All Stocks Half the Time
The Irrelevance of Expected Return for Option Valuation
Primer: Financial Concepts and Quantitative Methods

L'auteur - Mark P. Kritzman

MARK P. KRITZMAN is Managing Partner of Windham Capital Management Boston and a Senior Partner of State Street Associates. He is also the Research Director of the AIMR Research Foundation and serves on the boards of the Institute for Quantitative Research in Finance and the International Securities Exchange, and on the editorial boards of the Financial Analysts journal, the Journal of Alternative Investments, and the Journal of Derivatives. Mr. Kritzman has written numerous articles for academic and professional journals and is the author of six books including the Portable Financial Analyst.

Caractéristiques techniques

	PAPIER
Éditeur(s)	Wiley
Auteur(s)	Mark P. Kritzman
Parution	01/01/2000
Nb. de pages	202
Format	14 x 21,5
Couverture	Broché
Poids	227g
Intérieur	Noir et Blanc
EAN13	9780471228844
ISBN13	978-0-471-22884-4