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Handbook Of Applied Investment Research
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Book Synopsis Handbook Of Applied Investment Research by : John B Guerard Jr
Download or read book Handbook Of Applied Investment Research written by John B Guerard Jr and published by World Scientific. This book was released on 2020-10-02 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the readers to the rapidly growing literature and latest results on financial, fundamental and seasonal anomalies, stock selection modeling and portfolio management. Fifty years ago, finance professors taught the Efficient Markets Hypothesis which states that the average investor could not outperform the stock market based on technical, seasonal and fundamental data. Many, if not most faculty and investors, no longer share that opinion. In this book, the authors report original empirical evidence that applied investment research can produce statistically significant stock selection and excess portfolio returns in the US, and larger excess returns in international and emerging markets.
Book Synopsis Applied Investment Theory by : Les Coleman
Download or read book Applied Investment Theory written by Les Coleman and published by Springer. This book was released on 2017-02-14 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutions now dominate trading in equities around the world. Mutual funds are the most prominent, and doubly important as custodians of retirement savings. Despite this, there is no comprehensive description of fund manager behaviour, much less a matching theory. This is troubling because one of the most economically significant puzzles in finance is why experienced, well-resourced fund managers cannot outperform the market. Applied Investment Theory: How Equity Markets Behave, and Why brings together academic research, empirical evidence and real market experience to provide new insights into equity markets and their behaviours. The book draws upon the author’s rich industry experience and academic research, plus over 40 interviews with fund managers on three continents and across different markets. The result is an innovative model that explains the puzzle of poor performance by mutual funds in terms of structural features of markets, the managed investment industry, and the conduct of fund managers. This book provides a fully integrated depiction of what markets and investors do, and why – insights that will resonate with the needs of investors, wealth managers and industry regulators. It is fully documented, but free of jargon and arcane math, and provides a grounded theory that is relevant to anyone who wants to pierce the opacity of mutual fund operations. Applied Investment Theory sets out a new paradigm in investment that is at the forefront of what should be an industrial-scale development of new finance theory following two decades of almost back-to-back financial crises.
Book Synopsis Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry by : Copur, Zeynep
Download or read book Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry written by Copur, Zeynep and published by IGI Global. This book was released on 2015-01-31 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an ever-changing economy, market specialists strive to find new ways to evaluate the risks and potential reward of economic ventures by assessing the importance of human reaction during the economic planning process. The Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry presents an interdisciplinary, comparative, and competitive analysis of the thought processes and planning necessary for individual and corporate economic management. This publication is an essential reference source for professionals, practitioners, and managers working in the field of finance, as well as researchers and academicians interested in an interdisciplinary approach to combine financial management, sociology, and psychology.
Book Synopsis Behavioural Investing by : James Montier
Download or read book Behavioural Investing written by James Montier and published by John Wiley & Sons. This book was released on 2009-10-09 with total page 740 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioural investing seeks to bridge the gap between psychology and investing. All too many investors are unaware of the mental pitfalls that await them. Even once we are aware of our biases, we must recognise that knowledge does not equal behaviour. The solution lies is designing and adopting an investment process that is at least partially robust to behavioural decision-making errors. Behavioural Investing: A Practitioner’s Guide to Applying Behavioural Finance explores the biases we face, the way in which they show up in the investment process, and urges readers to adopt an empirically based sceptical approach to investing. This book is unique in combining insights from the field of applied psychology with a through understanding of the investment problem. The content is practitioner focused throughout and will be essential reading for any investment professional looking to improve their investing behaviour to maximise returns. Key features include: The only book to cover the applications of behavioural finance An executive summary for every chapter with key points highlighted at the chapter start Information on the key behavioural biases of professional investors, including The seven sins of fund management, Investment myth busting, and The Tao of investing Practical examples showing how using a psychologically inspired model can improve on standard, common practice valuation tools Written by an internationally renowned expert in the field of behavioural finance
Book Synopsis Applied Equity Analysis: Stock Valuation Techniques for Wall Street Professionals by : James English
Download or read book Applied Equity Analysis: Stock Valuation Techniques for Wall Street Professionals written by James English and published by McGraw Hill Professional. This book was released on 2001-06-18 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied Equity Analysis treats stock valuation as a practical, hands-on tool rather than a vague, theoretical exercise—and covers the entire valuation process from financial statement analysis through the final investment recommendation. Its integrated approach to valuation builds viable connections between a firm’s competitive situation and the ultimate behavior of its common stock. Techniques explained include EVA, newer hybrid valuation techniques, and relative multiple analysis.
Book Synopsis Handbook of Research on Decision-Making Techniques in Financial Marketing by : Dinçer, Hasan
Download or read book Handbook of Research on Decision-Making Techniques in Financial Marketing written by Dinçer, Hasan and published by IGI Global. This book was released on 2019-12-27 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer needs and demands are constantly changing. Because of this, marketing science and finance have their own concepts and theoretical backgrounds for evaluating consumer-related challenges. However, examining the function of finance with a marketing discipline can help to better understand internal management processes and compete in today’s market. The Handbook of Research on Decision-Making Techniques in Financial Marketing is a collection of innovative research that integrates financial and marketing functions to make better sense of the workplace environment and business-related challenges. Different financial challenges are taken into consideration while many of them are based on marketing theories such as agency theory, product life cycle, and optimal consumer experience. While highlighting topics including behavioral financing, corporate ethics, and Islamic banking, this book is ideally designed for financiers, marketers, financial analysts, marketing strategists, researchers, policymakers, government officials, academicians, students, and industry professionals.
Book Synopsis Global Handbook of Impact Investing by : Elsa De Morais Sarmento
Download or read book Global Handbook of Impact Investing written by Elsa De Morais Sarmento and published by John Wiley & Sons. This book was released on 2020-12-30 with total page 1331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover how to invest your capital to achieve a powerful, lasting impact on the world. The Global Handbook of Impact Investing: Solving Global Problems Via Smarter Capital Markets Towards A More Sustainable Society is an insightful guide to the growing world-wide movement of Impact Investing. Impact investors seek to realize lasting, beneficial improvements in society by allocating capital to sources of impactful and sustainable profit. This Handbook is a how-to guide for institutional investors, including family offices, foundations, endowments, governments, and international organizations, as well as academics, students, and everyday investors globally. The Handbook´s wide-ranging contributions from around the world make a powerful case for positive impact and profit to fund substantive, lasting solutions that solve critical problems across the world. Edited by two experienced and distinguished professionals in the sustainable investing arena and authored by two dozen renowned experts from finance, academia, and multilateral organizations from around the world, the Global Handbook of Impact Investing educates, inspires, and spurs action towards more responsible investing across all asset classes, resulting in smarter capital markets, including how to: · Realize positive impact and profit · Integrate impact into investment decision-making and portfolio · Allocate impactful investments across all asset classes · Apply unique Impact Investing frameworks · Measure, evaluate and report on impact · Learn from case examples around the globe · Pursue Best Practices in Impact Investing and impact reporting While other resources may take a local or limited approach to the subject, this Handbook gathers global knowledge and results from public and private institutions spanning five continents. The authors also make a powerful case for the ability of Impact Investing to lead to substantive and lasting change that addresses critical problems across the world.
Book Synopsis Foundations for Scientific Investing (Revised Seventh) by : Timothy Falcon Crack
Download or read book Foundations for Scientific Investing (Revised Seventh) written by Timothy Falcon Crack and published by . This book was released on 2017 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised seventh edition lays a firm foundation for thinking about and conducting investment. It does this by helping to build capital markets intuition and critical thinking skills. The material in this book is the product of 25+ years of investment research and experience (academic, personal, and professional), and 20+ painstaking years of destructive testing in university classrooms. Although the topic is applied investments, the integration of finance, economics, accounting, pure mathematics, statistics, numerical techniques, and spreadsheets (or programming) make this an ideal capstone course at the advanced undergraduate or masters/MBA level. The book has a heavily scientific/quantitative focus, but the material should be accessible to a motivated practitioner or talented individual investor with (for the most part) only high school level mathematics. Although aimed at the advanced undergraduate or masters/MBA level, the careful explanations of a wide range of advanced capital markets topics makes this an excellent book for a U.S. PhD student in need of an easily accessible foundation course in capital markets theory and practice. There are literature reviews of multiple advanced areas, and more than 30 unanswered research questions are identified; these research questions would be ideal for a master's thesis or a chapter of a PhD. The applied nature of the book also makes it ideal for capital markets practitioners. For example, in one exercise, the reader is taken by the hand and walked through construction of a worked spreadsheet example of an active alpha optimization using actual stock market data. (The reader gets to build ex-ante alphas, and feed them into an optimization that weighs returns, risk, and transaction costs. A portfolio is rebalanced based on the optimization, and ultimately a backtest is conducted to measure ex post alpha.) Other practitioner material includes advanced time value of money exercises, a review of retirement topics, an extensive discussion of dividends, P/E ratios, transaction costs, the CAPM, and value versus growth versus glamour, and a review of more than 100 years of stock market performance, and more than 200 years of interest rates. The list of references at the end of this edition of the book has over 830 items from the academic and practitioner literature. The index has over 7,000 entries (in over 4,000 lines). Special attention is paid to more difficult topics like the Roll critique, smart beta, factor-based investing, and Grinold-Kahn versus Black-Litterman models. Every investor needs capital markets intuition and critical thinking skills to conduct confident, deliberate, and skeptical investment. The overarching goal of this book is to help investors build these skills. Note that a separate book with more than 500 test questions exists to accompany this book.
Book Synopsis Applied Corporate Finance by : Aswath Damodaran
Download or read book Applied Corporate Finance written by Aswath Damodaran and published by John Wiley & Sons. This book was released on 2014-10-27 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aswath Damodaran, distinguished author, Professor of Finance, and David Margolis, Teaching Fellow at the NYU Stern School of Business, has delivered the newest edition of Applied Corporate Finance. This readable text provides the practical advice students and practitioners need rather than a sole concentration on debate theory, assumptions, or models. Like no other text of its kind, Applied Corporate Finance, 4th Edition applies corporate finance to real companies. It now contains six real-world core companies to study and follow. Business decisions are classified for students into three groups: investment, financing, and dividend decisions.
Book Synopsis A History of the Theory of Investments by : Mark Rubinstein
Download or read book A History of the Theory of Investments written by Mark Rubinstein and published by John Wiley & Sons. This book was released on 2011-09-02 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This exceptional book provides valuable insights into the evolution of financial economics from the perspective of a major player." -- Robert Litzenberger, Hopkinson Professor Emeritus of Investment Banking, Univ. of Pennsylvania; and retired partner, Goldman Sachs A History of the Theory of Investments is about ideas -- where they come from, how they evolve, and why they are instrumental in preparing the future for new ideas. Author Mark Rubinstein writes history by rewriting history. In unearthing long-forgotten books and journals, he corrects past oversights to assign credit where credit is due and assembles a remarkable history that is unquestionable in its accuracy and unprecedented in its power. Exploring key turning points in the development of investment theory, through the critical prism of award-winning investment theory and asset pricing expert Mark Rubinstein, this groundbreaking resource follows the chronological development of investment theory over centuries, exploring the inner workings of great theoretical breakthroughs while pointing out contributions made by often unsung contributors to some of investment's most influential ideas and models.
Book Synopsis Handbook of Alternative Data in Finance, Volume I by : Gautam Mitra
Download or read book Handbook of Alternative Data in Finance, Volume I written by Gautam Mitra and published by CRC Press. This book was released on 2023-07-12 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Alternative Data in Finance, Volume I motivates and challenges the reader to explore and apply Alternative Data in finance. The book provides a robust and in-depth overview of Alternative Data, including its definition, characteristics, difference from conventional data, categories of Alternative Data, Alternative Data providers, and more. The book also offers a rigorous and detailed exploration of process, application and delivery that should be practically useful to researchers and practitioners alike. Features Includes cutting edge applications in machine learning, fintech, and more Suitable for professional quantitative analysts, and as a resource for postgraduates and researchers in financial mathematics Features chapters from many leading researchers and practitioners
Book Synopsis Quantitative Corporate Finance by : John B. Guerard Jr.
Download or read book Quantitative Corporate Finance written by John B. Guerard Jr. and published by Springer Nature. This book was released on 2020-11-21 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook presents a comprehensive treatment of the legal arrangement of the corporation, the instruments and institutions through which capital can be raised, the management of the flow of funds through the individual firm, and the methods of dividing the risks and returns among the various contributors of funds. Now in its second edition, the book covers a wide range of topics in corporate finance, from time series modeling and regression analysis to multi-factor risk models and the Capital Asset Pricing Model. Guerard, Gultekin and Saxena build significantly on the first edition of the text, but retain the core chapters on cornerstone topics such as mergers and acquisitions, regulatory environments, bankruptcy and various other foundational concepts of corporate finance. New to the second edition are examinations of APT portfolio selection and time series modeling and forecasting through SAS, SCA and OxMetrics programming, FactSet fundamental data templates. This is intended to be a graduate-level textbook, and could be used as a primary text in upper level MBA and Financial Engineering courses, as well as a supplementary text for graduate courses in financial data analysis and financial investments.
Book Synopsis Applied Equity Analysis and Portfolio Management by : Robert A. Weigand
Download or read book Applied Equity Analysis and Portfolio Management written by Robert A. Weigand and published by John Wiley & Sons. This book was released on 2014-01-28 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: A "hands-on" guide to applied equity analysis and portfolio management From asset allocation to modeling the intrinsic value of a stock, Applied Equity Analysis and Portfolio Management + Online Video Course offers readers a solid foundation in the practice of fundamental analysis using the same tools and techniques as professional investors. Filled with real-world illustrations and hands-on applications, Professor Weigand's learning system takes a rigorous, empirical approach to topics such as analyzing the macro-finance environment, sector rotation, financial analysis and valuation, assessing a company's competitive position, and reporting the performance of a stock portfolio. Unlike typical books on this subject—which feature chapters to read and exercises to complete—this resource allows readers to actively participate in the learning experience by completing writing exercises and manipulating interactive spreadsheets that illustrate the principles being taught. The learning system also features instructional videos that demonstrate how to use the spreadsheet models and excerpts from the author's blog, which are used to depict additional examples of the analysis process. Along the way, it skillfully outlines an effective approach to creating and interpreting outputs typically associated with a top-down money management shop — including a macroeconomic forecasting newsletter, detailed stock research reports, and a portfolio performance attribution analysis. Covers topics including active and passive money management, fundamental analysis and portfolio attribution analysis Companion streaming videos show how to use free online data to create yourown analyses of key economic indicators, individual stocks, and stock portfolios A valuable resource for universities who have applied equity analysis and portfolio management courses Practical and up-to-date, the book is an excellent resource for those with a need for practical investment expertise.
Book Synopsis Foundations for Scientific Investing (Revised Ninth): Capital Markets Intuition and Critical Thinking Skills by : Timothy Falcon Crack
Download or read book Foundations for Scientific Investing (Revised Ninth): Capital Markets Intuition and Critical Thinking Skills written by Timothy Falcon Crack and published by Timothy Crack. This book was released on 2019-11-19 with total page 670 pages. Available in PDF, EPUB and Kindle. Book excerpt: [Note: eBook version of latest edition now available; see Amazon author page for details.] This revised ninth edition lays a firm foundation for thinking about and conducting investment. It does this by helping to build capital markets intuition and critical thinking skills. The material in this book is the product of 25+ years of investment research and experience (academic, personal, and professional), and 20+ painstaking years of destructive testing in university classrooms. Although the topic is applied investments, the integration of finance, economics, accounting, pure mathematics, statistics, numerical techniques, and spreadsheets (or programming) make this an ideal capstone course at the advanced undergraduate or masters/MBA level. The book has a heavily scientific/quantitative focus, but the material should be accessible to a motivated practitioner or talented individual investor with (for the most part) only high school level mathematics or intermediate level University mathematics. Although aimed at the advanced undergraduate or masters/MBA level, the careful explanations of a wide range of advanced capital markets topics makes this an excellent book for a U.S. PhD student in need of an easily accessible foundation course in capital markets theory and practice. There are literature reviews of multiple advanced areas, and more than 30 unanswered research questions are identified; these research questions would be ideal for a master's thesis or a chapter of a PhD. The applied nature of the book also makes it ideal for capital markets practitioners. For example, in one exercise, the reader is taken by the hand and walked through construction of a worked spreadsheet example of an active alpha optimization using actual stock market data. (The reader gets to build ex-ante alphas, and feed them into an optimization that weighs returns, risk, and transaction costs. A portfolio is rebalanced based on the optimization, and ultimately a backtest is conducted to measure ex post alpha.) Other practitioner material includes advanced time value of money (TVM) exercises, a review of retirement topics, extensive discussions of dividends, P/E ratios, transaction costs, the CAPM, and value versus growth versus glamour versus income, and a review of more than 100 years of stock market performance, and more than 200 years of interest rates. The list of references at the end of this edition of the book has 1,096 items from the academic and practitioner literature. The index has over 8,700 entries (in over 4,100 lines). Special attention is paid to more difficult topics like construction of Student-t statistics, the Roll critique, smart beta, factor-based investing, the Fama-French critique, and Grinold-Kahn versus Black-Litterman models. Every investor needs capital markets intuition and critical thinking skills to conduct confident, deliberate, and skeptical investment. The overarching goal of this book is to help investors build these skills. Note that a separate book with more than 500 test questions exists to accompany this book.
Book Synopsis Handbook of Research on Applied Data Science and Artificial Intelligence in Business and Industry by : Chkoniya, Valentina
Download or read book Handbook of Research on Applied Data Science and Artificial Intelligence in Business and Industry written by Chkoniya, Valentina and published by IGI Global. This book was released on 2021-06-25 with total page 653 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contemporary world lives on the data produced at an unprecedented speed through social networks and the internet of things (IoT). Data has been called the new global currency, and its rise is transforming entire industries, providing a wealth of opportunities. Applied data science research is necessary to derive useful information from big data for the effective and efficient utilization to solve real-world problems. A broad analytical set allied with strong business logic is fundamental in today’s corporations. Organizations work to obtain competitive advantage by analyzing the data produced within and outside their organizational limits to support their decision-making processes. This book aims to provide an overview of the concepts, tools, and techniques behind the fields of data science and artificial intelligence (AI) applied to business and industries. The Handbook of Research on Applied Data Science and Artificial Intelligence in Business and Industry discusses all stages of data science to AI and their application to real problems across industries—from science and engineering to academia and commerce. This book brings together practice and science to build successful data solutions, showing how to uncover hidden patterns and leverage them to improve all aspects of business performance by making sense of data from both web and offline environments. Covering topics including applied AI, consumer behavior analytics, and machine learning, this text is essential for data scientists, IT specialists, managers, executives, software and computer engineers, researchers, practitioners, academicians, and students.
Book Synopsis Foundations for Scientific Investing (Revised Eighth) by : Timothy Falcon Crack
Download or read book Foundations for Scientific Investing (Revised Eighth) written by Timothy Falcon Crack and published by Timothy Crack. This book was released on 2019 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt: [Note: eBook version of latest edition now available; see Amazon author page for details.] This revised eighth edition lays a firm foundation for thinking about and conducting investment. It does this by helping to build capital markets intuition and critical thinking skills. The material in this book is the product of 25+ years of investment research and experience (academic, personal, and professional), and 20+ painstaking years of destructive testing in university classrooms. Although the topic is applied investments, the integration of finance, economics, accounting, pure mathematics, statistics, numerical techniques, and spreadsheets (or programming) make this an ideal capstone course at the advanced undergraduate or masters/MBA level. The book has a heavily scientific/quantitative focus, but the material should be accessible to a motivated practitioner or talented individual investor with (for the most part) only high school level mathematics. Although aimed at the advanced undergraduate or masters/MBA level, the careful explanations of a wide range of advanced capital markets topics makes this an excellent book for a U.S. PhD student in need of an easily accessible foundation course in capital markets theory and practice. There are literature reviews of multiple advanced areas, and more than 30 unanswered research questions are identified; these research questions would be ideal for a master's thesis or a chapter of a PhD. The applied nature of the book also makes it ideal for capital markets practitioners. For example, in one exercise, the reader is taken by the hand and walked through construction of a worked spreadsheet example of an active alpha optimization using actual stock market data. (The reader gets to build ex-ante alphas, and feed them into an optimization that weighs returns, risk, and transaction costs. A portfolio is rebalanced based on the optimization, and ultimately a backtest is conducted to measure ex post alpha.) Other practitioner material includes advanced time value of money exercises, a review of retirement topics, an extensive discussion of dividends, P/E ratios, transaction costs, the CAPM, and value versus growth versus glamour, and a review of more than 100 years of stock market performance, and more than 200 years of interest rates. The list of references at the end of this edition of the book has 895 items from the academic and practitioner literature. The index has over 7,000 entries (in over 4,000 lines). Special attention is paid to more difficult topics like the Roll critique, smart beta, factor-based investing, and Grinold-Kahn versus Black-Litterman models. Every investor needs capital markets intuition and critical thinking skills to conduct confident, deliberate, and skeptical investment. The overarching goal of this book is to help investors build these skills. Note that a separate book with more than 500 test questions exists to accompany this book.
Book Synopsis Foundations for Scientific Investing (Revised Tenth) by : Timothy Falcon Crack
Download or read book Foundations for Scientific Investing (Revised Tenth) written by Timothy Falcon Crack and published by . This book was released on 2020-11-25 with total page 716 pages. Available in PDF, EPUB and Kindle. Book excerpt: [Note: eBook version of latest edition now available; see Amazon author page for details.] Every investor needs capital markets intuition and critical thinking skills to conduct confident, deliberate, and skeptical investment. The overarching goal of this book is to help investors build these skills. This revised tenth edition is the product of 25+ years of investment research and experience (academic, personal, and professional), and 20+ painstaking years of destructive testing in university classrooms. Although the topic is applied investments, the integration of finance, economics, accounting, pure mathematics, statistics, numerical techniques, and spreadsheets (or programming) make this an ideal capstone course at the advanced undergraduate or masters/MBA level. The book has a heavily scientific/quantitative focus, but the material should be accessible to a motivated practitioner or talented individual investor with (for the most part) only high school level mathematics or intermediate level university mathematics. Although aimed at the advanced undergraduate or masters/MBA level, the careful explanations of a wide range of advanced capital markets topics makes this an excellent book for a U.S. PhD student in need of an easily accessible foundation course in capital markets theory and practice. There are literature reviews of multiple advanced areas, and more than 30 unanswered research questions are identified; these research questions would be ideal for a master's thesis or a chapter of a PhD. The applied nature of the book also makes it ideal for capital markets practitioners. For example, in one exercise, the reader is taken by the hand and walked through construction of a worked spreadsheet example of an active alpha optimization using actual stock market data. (The reader gets to build ex-ante alphas, and feed them into an optimization that weighs returns, risk, and transaction costs. A portfolio is rebalanced based on the optimization, and ultimately a backtest is conducted to measure ex post alpha.) Other practitioner material includes advanced time value of money exercises, a review of retirement topics, extensive discussions of dividends, P/E ratios, transaction costs, the CAPM, value versus growth versus glamour versus income, and a review of more than 100 years of stock market performance and more than 200 years of interest rates. The book contains more than 65 "Quant Quizzes," containing over 100 individual questions. Each is designed to reinforce key ideas. There are also a dozen "You Need to Know boxes," each of which focuses on a very important point that is often taught poorly or overlooked completely in university courses. Special attention is paid to more difficult topics like construction of Student-t statistics, the Roll critique, smart beta, factor-based investing, the Fama-French critique, and Grinold-Kahn versus Black-Litterman models (note that a hybrid Grinold-Kahn/Black-Litterman model is introduced). A key diagram shows how the following models are related to each other: Martingale, Random Walk, ABM, GBM, APT, CAPM, Markowitz, Tobin, Zero-Beta CAPM, CAPM, Black-Scholes, Bachelier, etc. Also, the Roll Critique and the Black Zero-Beta CAPM are both generalized to include reference portfolios that are not necessarily fully invested. The list of references has 1,116 items from the academic and practitioner literature and the index has 9,249 entries (in 4,358 lines). Finally, note that a separate book exists with more than 600 class-tested questions to accompany this book (Foundations for Scientific Investing: Multiple-Choice, Short-Answer, and Long-Answer Test Questions).
