Notes: Active Portfolio Management. By Zhipeng Yan. Active Portfolio Management. By Richard C. Grinold and Ronald N. Kahn. Part I Foundations. Active Portfolio Management has 86 ratings and 7 reviews. Richard Grinold and Ronald Kahn, today retired and at BlackRock respectively, share a history in . Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn.” -Scott Stewart, Portfolio Manager.
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Grinold and Kahn go much forward and at the same time had managed to clearly and meticulously show the CAPM model, its limitations and the more sophisticated tools developed from it. They should go buy Hull and be happy. When I’m banging my head on a problem, and getting no joy from the google machine, Grinold and Kahn’s book often has something which at least points me to the answer.
Visualizar ou modificar seus pedidos em sua conta. Write a customer review. It is for example more valuable to be able to forecast the returns of stocks than stocks.
Add both to Cart Add both to List. Amazon Drive Cloud storage from Amazon. A good introductory book about quantitative portfolio management which is also mathematically rigorous.
Amazon Music Stream millions of songs. Matthew Tuxford rated it it was ok Oct 16, Active Portfolio Management was groundbreaking when it was first published in as instead it was devoted to the practical process portfoljo generating alpha from a quantative angle. Alex Burns rated it it was amazing Nov 02, I read this book because it was recommended for Coursera course: Manageemnt the Home Gift Guide.
There’s three basic categories of quants. Bud rated it really liked it Nov 25, 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, Manxgement, where he served as the chairman of the finance faculty, chairman of the management science faculty, and director of the Berkeley Program in Finance.
Formas de pagamento aceitas: By outlining an innovative process to uncover raw signals of asset returns, develop them into refined forecasts, then use porgfolio forecasts to construct portfolios of exceptional return and minimal risk, i.
What I find most remarkable about the book is how it rewards upon rereadings.
Active Portfolio Management by Kahn, Richard Grinold; Ronald
These items are shipped from and sold by different sellers. Like its predecessor, this volume details how to apply economics, econometrics, and operations research to solving practical investment problems, and uncovering superior profit opportunities. The book is absolutely superior over the academic textbooks that usually limit themselves to CAPM and efficient market theory. Every risk manager and trader in the business needs this book. It outlines an active management framework that oortfolio with a benchmark portfolio, then defines exceptional returns as they relate to that benchmark.
Active Portfolio Management
Structurers, risk managers and traders. Customers who viewed this item also viewed. Lists with This Book. This is the best book I studied so far in Portfolio Managment.
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That means, if you increase the text size, the equations still remain tiny. Even though the book is full of financial theory the approach is practical. Page 1 of 1 Start over Page 1 of 1. It’s a highly quantitative read that will make your mnagement math courses valuable, literally.
Quantitative Equity Portfolio Management: Also, if you zoom into the image, it becomes blurred.
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