Rational Expectations by William J Bernstein

Rational Expectations by William J Bernstein

Rational Expectations is a clean sheet of paper in the wonky world of quantitatively based asset allocation aimed at small investors. Continuing the theme of the Investing for Adults series, this full-length finance title is not for beginners, but rather assumes a fair degree of quantitative ability and finance knowledge. If you think you can time the market or pick stocks and mutual fund managers, or even if you think that you can formulate an optimally efficient mean-variance asset allocation with a black box, then learn some basic finance and come back in a few years. On the other hand, if you know your way around risk premiums and standard deviations and know who Irving Fisher and Benjamin Graham were, and if you want to sharpen your asset class skills, you've come to the right place.

William J. Bernstein is the author of The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk (2000), The Four Pillars of Investing: Lessons for Building a Winning Portfolio (2002), The Birth of Plenty: How the Prosperity of the Modern World Was Created (2004), A Splendid Exchange: How Trade Shaped the World (2008), and The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between (2009). His latest book, Masters of the Word: How Media Shaped History, a narrative treatment of the relationship among communications technology, culture, and politics, was published in April, 2013 by Grove/Atlantic Press. He is also the author of the Investing for Adults booklet series. The frst two, The Ages of the Investor: A Critical Look at Life-cycle Investing, and Skating Where the Puck Was: The Correlation Game in a Flat World, were both published in 2012.

SKU	Nicht verfügbar
ISBN 13	9780988780323
ISBN 10	0988780321
Titel	Rational Expectations
Autor	William J Bernstein
Serie	Investing For Adults
Buchzustand	Nicht verfügbar
Bindungsart	Paperback
Verlag	Efficient Frontier Publications
Erscheinungsjahr	2014-05-28
Seitenanzahl	214
Hinweis auf dem Einband	Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.
Hinweis	Nicht verfügbar