Richard Brealey presents a brief, nontechnical description of current research on investment management and its implications for the investment manager. He covers market efficiency, valuation, and modern portfolio theory in a book that The New York Times noted "rates high as reading for every professional investor."Brealey's easy-to-understand approach to modern investment theory will also prove invaluable to students. The book evaluates the use of technical models and fundamental analysis for common stock selection, examining the implications of the random walk hypothesis, publicly available information, and the efficient market theory. It takes up the valuation of common stocks and reasons for fluctuations in earnings and deals with the choice of a common stock portfolio, discussing how stocks move together, the effect of the market on stock prices, passive and active portfolios, risk and return, and measuring investment performance.
| ISBN: | 9780262521161 |
| Publication date: | 9th October 1986 |
| Author: | Richard A Brealey |
| Publisher: | The MIT Press |
| Format: | Paperback |
| Pagination: | 200 pages |
| Series: | The MIT Press |
| Genres: |
Credit and credit institutions |
Richard Brealey presents a brief, nontechnical description of current research on investment management and its implications for the investment manager. He covers market efficiency, valuation, and modern portfolio theory in a book that The New York Times noted "rates high as reading for every professional investor."Brealey's easy-to-understand approach to modern investment theory will also prove invaluable to students. The book evaluates the use of technical models and fundamental analysis for common stock selection, examining the implications of the random walk hypothesis, publicly available information, and the efficient market theory. It takes up the valuation of common stocks and reasons for fluctuations in earnings and deals with the choice of a common stock portfolio, discussing how stocks move together, the effect of the market on stock prices, passive and active portfolios, risk and return, and measuring investment performance.
An Introduction to Risk and Return from Common Stocks features in the following genres: Credit and credit institutions
An Introduction to Risk and Return from Common Stocks is available in Paperback
An Introduction to Risk and Return from Common Stocks was written by Richard A Brealey and published by The MIT Press
An Introduction to Risk and Return from Common Stocks has 200 pages
Yes it is part of The MIT Press series