<p>Richard Brealey presents a brief, nontechnical description of current research on investment management and its implications for the investment manager. He covers market efficiency, valuation, and modern portfolio theory in a book that The New York Times noted "rates high as reading for every professional investor."Brealey's easy-to-understand approach to modern investment theory will also prove invaluable to students. The book evaluates the use of technical models and fundamental analysis for common stock selection, examining the implications of the random walk hypothesis, publicly available information, and the efficient market theory. It takes up the valuation of common stocks and reasons for fluctuations in earnings and deals with the choice of a common stock portfolio, discussing how stocks move together, the effect of the market on stock prices, passive and active portfolios, risk and return, and measuring investment performance.</p>

An Introduction to Risk and Return from Common Stocks, second edition (Mit Press)

Business & Money

Brealey Professor, Richard A

Economics

MIT Press]

See the best price to sell, buy, or rent books by Brealey Professor, Richard A. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Brealey Professor, Richard A

See the best price to sell, buy, or rent books by Brealey Professor, Richard A. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

An Introduction to Risk and Return from Common Stocks, second edition (Mit Press)