Part I: Portfolio Theory. Certainty. Portfolios. Securities. Efficient Portfolios. Part II: Capital Market Theory. Agreement. Disagreement. Part III: Applications and Extensions. Index Models. The Record. Utility. State-Preference Theory. Appendices: A: Essential Ingredients. B: Solving A Basic Problem. C: Solving A Standard Problem. D: Security Prices.
Dr. William F. Sharpe, Ph.D., was awarded the 1990 Nobel Prize in Economic Sciences, along with harry markowitz and Merton Miller, for the development of the CAPM. A member of the Stanford University faculty since 1970, Dr. Sharpe is currently The Stanco 25 Professor Emritus of Finance at Stanford University's graduate school of business. Along with the Capital Asset Pricing Model (CAPM) and the widely used Sharpe Ratio for evaluating investment perofrmance, his other contributions to the field of investment include an essential method for the valuation of options and other contingent cliams, a computer algorithm used in many asset allocation procedures, and a technique for evaluation the style and performance of investment funds. Dr. Sharpe's other books include Asset Allocation Tools, Fundamentals of Investments, and Investments, (which was coauthored with Gordon J. Alexander and jeffrey Bailey). He is past president of the American Finance Association and chairman of Financial Engines, Inc., which provides online investment advice.
"Thirty years ago, Portfolio Theory and Capital Markets laid the groundwork for today's investment standards...Sharpe has written a new foreword that reintroduces this essential book--and places its lessons in meaningful context for modern investors throughout the world."
 |
Ask a Question About this Product More... |
|
