Portfolio Selection: Efficient Diversification of Investments. (FIRST EDITION.)

MARKOWITZ, Harry M. (1927-):

Verlag: New York: John Wiley & Sons/ London: Chapman & Hall, 1959., 1959
Gebraucht Zustand: Very Good Hardcover
Verkäufer Ted Kottler, Bookseller (Redondo Beach, CA, USA)

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FIRST EDITION. Original cloth. Very Good, without dust jacket. Cowles Foundation for Research in Economics at Yale University Monograph 16. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990 was awarded jointly to Harry M. Markowitz, Merton H. Miller and William F. Sharpe 'for their pioneering work in the theory of financial economics.' 'In my 1959 book I explored the relationship between my mean-variance analysis and the fundamental theories of action under risk and uncertainty of Von Neumann and Morgenstern and L.J. Savage' (Markowitz, 'Foundations of Portfolio Theory', Nobel Lecture, December 7, 1990). 'Some reviewers of the 1959 edition were skeptical of my attempt to explain such technical material to practitioners with little mathematical background. But I have met money managers, and advisers to money managers, who tell me that they first learned portfolio theory, and were persuaded of its applicability, through this book. It is my hope that this thirty-one year old book will still be of interest to some: either as a historical document which many cite as laying the foundations of modern investment theory; or as my own statement of justification for the use of mean-variance or mean-semi-variance analysis; or as an exposition of these ideas for the practitioner with limited mathematical background' (Markowitz, Preface to the 1991 2nd ed., p. vii). Buchnummer des Verkäufers 24406

Bibliografische Details

Titel: Portfolio Selection: Efficient ...

Verlag: New York: John Wiley & Sons/ London: Chapman & Hall, 1959.

Erscheinungsdatum: 1959

Einband: Hardcover

Zustand: Very Good

Zustand des Schutzumschlags: No Jacket

Auflage: 1st Edition


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