Investment Management : Portfolio Diversification, Risk, and Timing--Fact and Fiction.
Title:
Investment Management : Portfolio Diversification, Risk, and Timing--Fact and Fiction.
Author:
Hagin, Robert L.
ISBN:
9780471483816
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (322 pages)
Series:
Wiley Finance ; v.235
Wiley Finance
Contents:
Investment Management -- Acknowledgments -- Contents -- PART ONE Getting Started-Your Tool Kit -- CHAPTER 1 Introduction -- CHAPTER 2 What You Need to Know -- CHAPTER 3 Information or Noise? -- CHAPTER 4 Intuition -- CHAPTER 5 Random Occurrences -- CHAPTER 6 Law of Small Numbers -- CHAPTER 7 Average Is Average -- CHAPTER 8 Efficient Markets -- CHAPTER 9 Random Walk -- PART TWO Avoiding Torpedoes -- CHAPTER 10 Perfect Earnings Forecasts -- CHAPTER 11 Can Analysts Forecast Earnings Changes? -- CHAPTER 12 Earnings Forecasts (and Torpedo Stocks) -- CHAPTER 13 Using Earnings Forecasts -- CHAPTER 14 Size Effect -- CHAPTER 15 Price-Earnings Effect -- CHAPTER 16 The Magic of Growth -- CHAPTER 17 Estimate Revisions -- PART THREE Landmark Insights -- CHAPTER 18 Nobel Laureate Markowitz -- CHAPTER 19 Nobel Laureate Sharpe -- CHAPTER 20 Compensation for Bearing Risks -- CHAPTER 21 Daring to Be Different -- CHAPTER 22 Law of Active Management -- CHAPTER 23 Nobel Laureate Nash and Keynes -- CHAPTER 24 Nobel Laureates Kahneman and Smith -- CHAPTER 25 What Guides Investors -- PART FOUR Dissecting Returns -- CHAPTER 26 Luck or Skill? -- CHAPTER 27 Measuring Investment Returns -- CHAPTER 28 Anatomy of the S&P 500 -- CHAPTER 29 Returns Earned by Investors -- CHAPTER 30 Market Timing versus Asset Allocation -- CHAPTER 31 Market Timing: Risk versus Reward -- CHAPTER 32 Know the Odds Before You Play the Game -- CHAPTER 33 Ten Best Days -- PART FIVE Putting the Pieces Together -- CHAPTER 34 Trading Costs -- CHAPTER 35 Mutual Funds -- CHAPTER 36 Advantages of . . . -- CHAPTER 37 Style Persistence -- CHAPTER 38 Asset Allocation -- CHAPTER 39 Beware of Taxes -- CHAPTER 40 Beyond Active versus Passive -- CHAPTER 41 Long-Term Capital Management -- CHAPTER 42 To Win the Game -- CHAPTER 43 Highlights -- Notes -- Index.
Abstract:
A new look at the important issue of investment management in the 21st century Written for professional and private investors-as well as fiduciaries who rely on investment professionals-this book presents the content of an advanced investment-management course in an easy-to-read, question-and-answer format. Robert L. Hagin (Haverford, PA) is a 30-year investment management veteran who recently retired as Executive Director for Morgan Stanley Investment Management.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Genre:
Electronic Access:
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