Risk-Return Analysis: The Theory and Practice of Rational Investing (Volume One)

By Kenneth Blay and Harry M. Markowitz

The Nobel Prize-winning Father of Modern Portfolio Theory re-introduces his theories for the current world of investing

Legendary economist Harry M. Markowitz provides the insight and methods you need to build a portfolio that generates strong returns for the long run

In Risk-Return Analysis, Markowitz corrects common misunderstandings about Modern Portfolio Theory (MPT) to help advanced financial practitioners dramatically improve their decision making.

In this first volume of a groundbreaking four-part series sure to draw the attention of anyone interested in MPT, Markowitz provides the criteria necessary for judging among risk-measures; surveys a half-century of literature (nearly all of which has been ignored by textbooks) on the applicability of MPT; and presents an empirical study of which functions of mean and some risk-measure is best for those who seek to maximize return in the long run.

Harry M. Markowitz is a Nobel Laureate and the father of Modern Portfolio Theory.

• Format: Hardcover
• Language: English
• ISBN: 007181793X
• ISBN13: 9780071817936
• Release Date: August 2013
• Publisher: McGraw-Hill Companies
• Length: 272 Pages
• Weight: 1.20 lbs.
• Dimensions: 1.0" x 6.3" x 9.3"