Equity Management: The Art and Science of Modern Quantitative Investing, Second Edition (Business Books)
| Author | : | |
| Rating | : | 4.51 (750 Votes) |
| Asin | : | 1259835243 |
| Format Type | : | paperback |
| Number of Pages | : | 896 Pages |
| Publish Date | : | 2013-08-24 |
| Language | : | English |
DESCRIPTION:
"This is a puff piece" according to C. Ang. My take on this book is that it is an almost 800-page marketing tool for strategies used by Jacovs and Levy in their asset management firm.The first 200+ pages contain stale information with empirical results ending mostly prior to the 1990s (with some through the mid-1990s). It would have been nice for these results to have been updated to see whether the results still hold using or including more recent data or whether these old results were. it is now possible for me to better understand that investing is more than just “buy low Philip Levine, CPA, Esq Seldom can it be said that a book has “something for everyone” and yet it can be said of this book, Equity Management, the Art and Science of Modern Quantitative Investing, 2nd edition, authored by Bruce Jacobs and Kenneth Levy.Dealing with investing and portfolio management, Equity Management provides something for the scholarly, whether Finance professional, Economist, Statistician, or Mathematician. This is attested to by the th
This is an insightful book.” Meir Statman, Glenn Klimek Professor of Finance, Leavey School of Business, Santa Clara University“Jacobs and Levy have influenced multiple generations of quantitatively oriented investors, as well as me personally. If you want to truly understand how the market works, the nature of these inefficiencies, and how a sophisticated and disciplined investor can capitalize on them, I highly recommend their research.” Jim Failor, Chief Investment Officer, Sonoma County Employees’ Retirement Association“This second edition of Jacobs and Levy's Equity Management covers the development of quant investing up to and including the current state of the art. Over this time, I have found their market research to be pioneering, insightful, and rigorous.”Jim Failor, Chief Investment Officer, Sonoma County Employees’ Retirement Association“Jacobs and Le
Bruce I. and M.A. in finance from the Wharton School of the University of Pennsylvania. Jacobs and Kenneth N. Ken Levy holds an M.B.A. He is the author of Capital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes (1999), and serves on the Journal of Portfolio
The classic guide to quantitative investingexpanded and updated for today’s increasingly complex marketsFrom Bruce Jacobs and Ken Levytwo pioneers of quantitative equity management the go-to guide to stock selection has been substantially updated to help you build portfolios in today’s transformed investing landscape. You’ll come away with levels of insight and understanding that will give you an edge in increasingly complex and unpredictable markets. Among them--• What’s the best leverage level for long-short and leveraged long-only portfolios?• Which behavioral characteristics expl