商品簡介
Sharpe (Stanford U.) received the Nobel Prize in Economics in 1990 for his work on equilibrium pricing in capital markets. He was asked by the publisher to select from his writings for this presentation, part of the Nobel Laureate series. Not only did he make the selections, but he explains his motivations for their selection and provides commentary and context for each article. Writings are arranged in sections on portfolio choice, asset prices, asset allocation, performance and risk analysis, empirical analyses, and lifetime finance. A sampling of topics: a positive theory of security market behavior, the parable of the money managers, major investment styles, mutual fund performance, the Sharpe ratio, investor wealth measures and expected return, and financial planning in fantasyland. The collection is not indexed. Annotation c2013 Book News, Inc., Portland, OR (booknews.com)
