9781332260744 - fallacy of the log-normal approximation to optimal portfolio decision-making over many periods (classic reprint) de merton, robert c. (3 resultados)
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Librería: PBShop.store US, Wood Dale, IL, Estados Unidos de AmericaPBShop.store US
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EUR 25,85
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PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.
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Librería: PBShop.store UK, Fairford, GLOS, Reino UnidoPBShop.store UK
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EUR 25,17
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PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.
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Librería: Forgotten Books, London, Reino UnidoForgotten Books
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Paperback. Condición: New. Print on Demand. This book challenges the widely accepted theory that maximizing the expected average rate of return over long timelines will produce optimal returns for investors. The author posits that this logic is flawed and, in fact, a more conservative, diversified approach is more likely to gene…rate better outcomes for investors. The author's work is well-researched and draws on a variety of sources to demonstrate the riskiness of popular portfolio management strategies. They conclude by suggesting that a more cautious approach to investing that focuses on long-term, steady growth is more likely to lead to investment success. For investors seeking a deep dive into the misconceptions and errors of the contemporary financial world, this book is an essential resource. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.
