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17%OFFHarry M. Markowitz - Mean-Variance Analysis in Portfolio Choice and Capital Markets - 9781883249755 - V9781883249755
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Mean-Variance Analysis in Portfolio Choice and Capital Markets

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Description for Mean-Variance Analysis in Portfolio Choice and Capital Markets Hardcover. Num Pages: 700 pages, black & white illustrations. BIC Classification: KF. Category: (UF) Further/Higher Education; (XV) Technical / Manuals. Dimension: 228 x 157 x 26. Weight in Grams: 705.
In 1952, Harry Markowitz published "Portfolio Selection," a paper which revolutionized modern investment theory and practice. The paper proposed that, in selecting investments, the investor should consider both expected return and variability of return on the portfolio as a whole. Portfolios that minimized variance for a given expected return were demonstrated to be the most efficient. Markowitz formulated the full solution of the general mean-variance efficient set problem in 1956 and presented it in the appendix to his 1959 book, Portfolio Selection. Though certain special cases of the general model have become widely known, both in academia and among managers ... Read more

Product Details

Format
Hardback
Publication date
2000
Publisher
Frank J. Fabozzi Associates United States
Number of pages
700
Condition
New
Number of Pages
400
Place of Publication
New York, United States
ISBN
9781883249755
SKU
V9781883249755
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50

About Harry M. Markowitz
Harry Markowitz has applied computer and mathematical techniques to various practical decision making areas. In finance: he presented in an article in 1952 and a book in 1959 "modern portfolio theory," now a standard topic in college courses and widely used by institutional investors for tactical asset allocation, risk control, and attribution analysis.In other areas: Dr. Markowitz developed "sparse matrix" ... Read more

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