Active Portfolio Management: A Quantitative Approach for Producing Superior Returns and Controlling Risk
| Author | : | |
| Rating | : | 4.78 (532 Votes) |
| Asin | : | 0070248826 |
| Format Type | : | paperback |
| Number of Pages | : | 624 Pages |
| Publish Date | : | 2013-10-22 |
| Language | : | English |
DESCRIPTION:
Grinold spent 14 years at BARRA, where he served as Director of Research, Executive Vice President, and President; and 20 years on the faculty at the School of Business Administration at the University of California, Berkeley, where he served as the chairman of the finance faculty, chairman of the management science
Vivek Sharma said Don't buy the Kindle version. The Kindle rendition is an utter disaster and sheer disappointment.For one, there are typos. The print edition and the kindle version do not match. For example, where the Greek letter sigma is used in the text, the Kindle would replace it with some Latin letters such as "s" or even an ". My favorite book on portfolio theory There's three basic categories of quants. Structurers, risk managers and traders. Structurers don't need this book. They should go buy Hull and be happy. Every risk manager and trader in the business needs this book. When I was first introduced to this book, I figured it was more or les. Practical approach and mathematically rigorous at the same time Pablo Sandler Excellent book for whom is looking for a practical approach that at the same time is presented through a rigorous mathematical methodology. The book is absolutely superior over the academic textbooks that usually limit themselves to CAPM and efficient market theory. Grinold and Kahn go
It clearly and concisely explains all aspects of the foundations and the latest thinking in active portfolio management."-Eric N. The result is an updated, comprehensive set of strategic concepts and rules of thumb for guiding the process of-and increasing the profits from-active investment management.. Active Portfolio Management, Second Edition, now sets the bar even higher. Like its predecessor, this volume details how to apply economics, econometrics, and operations research to solving practical investment problems, and uncovering superior profit opportunities. It revisits a number of discussions from the first edition, shedding new light on some of today's most pressing issues, including risk, dispersion, market impact, and performance analysis, while providing empirical evidence where appropriate. Jacques, Partner and Chief Investment Officer, Martingale Asset Management."Active Portfolio Management offers investors an opportunity to better understand the balance between manager skill and portfolio risk. Both fundamental and quantitative investmen
It clearly and concisely explains all aspects of the foundations and the latest thinking in active portfolio management."-Eric N. Remole, Managing Director, Head of Global Structured Equity, Credit Suisse Asset Management."Active Portfolio Management, Second Edition, remains a readable yet theoretically and mathematically rigorous book that one would expect from two such distinguished authors. Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn."-Scott Stewart, Portfolio Manager, Fidelity