Vince The Handbook of Portfolio Mathematics

Formulas for Optimal Allocation & Leverage
1. Auflage 2008
ISBN: 978-0-470-41050-9
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 448 Seiten, E-Book

Reihe: Wiley Trading Series

The Handbook of Portfolio Mathematics
"For the serious investor, trader, or money manager, this booktakes a rewarding look into modern portfolio theory. Vinceintroduces a leverage-space portfolio model, tweaks it for thedrawdown probability, and delivers a superior model. He evenprovides equations to maximize returns for a chosen level of risk.So if you're serious about making money in today's markets, buythis book. Read it. Profit from it."
--Thomas N. Bulkowski, author, Encyclopedia of ChartPatterns
"This is an important book. Though traders routinely speak oftheir 'edge' in the marketplace and ways of handling 'risk,' fewcan define and measure these accurately. In this book, Ralph Vincetakes readers step by step through an understanding of themathematical foundations of trading, significantly extending hisearlier work and breaking important new ground. His lucid writingstyle and liberal use of practical examples make this book mustreading."
--Brett N. Steenbarger, PhD, author, The Psychology ofTrading and Enhancing Trader Performance
"Ralph Vince is one of the world's foremost authorities onquantitative portfolio analysis. In this masterly contribution,Ralph builds on his early pioneering findings to address thereal-world concerns of money managers in the trenches-how tosystematically maximize gains in relation to risk."
--Nelson Freeburg, Editor, Formula Research
"Gambling and investing may make strange bedfellows in the eyesof many, but not Ralph Vince, who once again demonstrates that anopen mind is the investor's most valuable asset. What does betsizing have to do with investing? The answer to that question andmany more lie inside this iconoclastic work. Want to make the mostof your investing skills Open this book."
--John Bollinger, CFA, CMT, www.BollingerBands.com

Autoren/Hrsg.

Vince, Ralph

Inhaltsverzeichnis

Preface.
Introduction.
PART I. Theory.
Chapter 1. The Random Process and Gambling Theory.
Chapter 2. Probability Distributions.
Chapter 3. Revinvestment of Returns and Geometric GrowthConcepts.
Chapter 4. Optimal f.
Chapter 5. Characteristics of Optimal f.
Chapter 6. Laws of Growth, Utility, and Finite Streams.
Chapter 7. Classical Porfolio Construction.
Chapter 8. The Geometry of Mean VariancePortfolios.
Chapter 9. The Leverage Space Model.
Chapter 10. The Geometry of Leverage Space Portfolios.
PART II. PRACTICE.
Chapter 11. What the Professionals Have Done.
Chapter 12. The Leverage Space Portfolio Model in the RealWorld.
Postscript.
Index.

Über Autor(innen)

Ralph Vince got his start in the trading business as a margin clerk, and later worked as a consultant programmer to large futures traders and fund managers. Vince is also the author of Portfolio Management Formulas, The Mathematics of Money Management, and The New Money Management, also from Wiley. Numerous software companies have incorporated Vince's ideas into their products. Vince is an ultra-marathon runner and jiu jitsu black belt.