名称: | |
描述: | |
公开/私有: | 公开 私有 |
New principles of equity investment / |
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ISBN/ISSN:
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9781789730647 : 价格: CNY588.72 |
中图分类法
:
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F830.59 |
著者:
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Coleman, Les |
题名:
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New principles of equity investment / |
版次:
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First edition. |
载体形态:
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xvi, 258 pages ; ; 23 cm |
内容提要:
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The modern finance paradigm is incomplete. Obvious gaps include poor performance of professional investors, puzzles enough in equity markets to support a sub-discipline of behavioural finance that patches over irrational biases and mispricings, and chronic, but inexplicable, financial crises. As with so many other disciplines, existing finance theory explains less than a tenth of what we see in markets and investment. A new paradigm of investment is needed. New Principles of Equity Investment brings together robust scientific methodology with empirical evidence to propose a new paradigm of equity investment. It begins with a wide-ranging review of investor practices using mainly US and European research and surveys, and then outlines the nature of investment risk, the links between equity returns and institutional factors, and the structure of equity markets. The result is a sophisticated description of what we know is true about investment, and a frank assessment of the limitations to investment expertise. The author then presents a coherent, workable theory of equity prices that can be applied in practice by equity investors, and explains logical investor behaviours that have been thought of as biases. Written by an academic with many years of practical investment experience, this book will provide new insights for equity investors who are looking for new perspectives and a better understanding of today's complex markets. -- |
主题词:
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Investment analysis. |
主题词:
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Portfolio management. |
标签:
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相关主题:
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相关资源:
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HEA| |02537cam a2200313 i 4500 001| |022013005362 005| |20210705160734.1 008| |210702t20192019enka b 001 0 eng d 020| |▼a9781789730647 :▼cCNY588.72 040| |▼aYDX▼beng▼erda▼cYDX▼dOCLCQ▼dS- | |INLB▼dCDX▼dOCLCF▼dSTF▼dFIE▼dTOL▼dUtOrBLW 050| 4|▼aHG4529▼b.C63155 2019 093| |▼aF830.59▼25 100|1 |▼aColeman, Les▼c(Lecturer in f- | |inance),▼eauthor. 245|10|▼aNew principles of equity inv- | |estment /▼cLes Coleman. 250| |▼aFirst edition. 264| 1|▼aBingley, Uk :▼bEmerald Publi- | |shing Limited,▼c2019. 264| 4|▼cc2019 300| |▼axvi, 258 pages ;▼c23 cm 336| |▼atext▼btxt▼2rdacontent 337| |▼aunmediated▼bn▼2rdamedia 338| |▼avolume▼bnc▼2rdacarrier 504| |▼aIncludes bibliographical ref- | |erences (pages 225-244) and index. 520| |▼aThe modern finance paradigm - | |is incomplete. Obvious gaps in- | |clude poor performance of prof- | |essional investors, puzzles en- | |ough in equity markets to supp- | |ort a sub-discipline of behavi- | |oural finance that patches ove- | |r irrational biases and mispri- | |cings, and chronic, but inexpl- | |icable, financial crises. As w- | |ith so many other disciplines,- | | existing finance theory expla- | |ins less than a tenth of what - | |we see in markets and investme- | |nt. A new paradigm of investme- | |nt is needed. New Principles o- | |f Equity Investment brings tog- | |ether robust scientific method- | |ology with empirical evidence - | |to propose a new paradigm of e- | |quity investment. It begins wi- | |th a wide-ranging review of in- | |vestor practices using mainly - | |US and European research and s- | |urveys, and then outlines the - | |nature of investment risk, the- | | links between equity returns - | |and institutional factors, and- | | the structure of equity marke- | |ts. The result is a sophistica- | |ted description of what we kno- | |w is true about investment, an- | |d a frank assessment of the li- | |mitations to investment expert- | |ise. The author then presents - | |a coherent, workable theory of- | | equity prices that can be app- | |lied in practice by equity inv- | |estors, and explains logical i- | |nvestor behaviours that have b- | |een thought of as biases. Writ- | |ten by an academic with many y- | |ears of practical investment e- | |xperience, this book will prov- | |ide new insights for equity in- | |vestors who are looking for ne- | |w perspectives and a better un- | |derstanding of today\'s complex- | | markets. --▼cProvided by publisher. 650| 0|▼aInvestment analysis. 650| 0|▼aPortfolio management. 801| 0|▼aCN▼bYCT▼c20210705 920| |▼a253190▼z1 950| |▼aYCT▼fF830.59/C692 999| |▼Ims2▼i2021-07-05 16:06:34▼Ims- | |2▼i2021-07-05 16:07:00