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An Introduction to Risk and Return from Common Stocks
by Richard A. Brealey
Product Group: Book
Publisher: MIT Press (1969-01-01)
ISBN: 0262020475
EAN: 9780262020473
Hardcover: 152 pages
SKU: M119041
Condition: Very Good
Comments: 0262020475 Book contains scant markings, prior owner name inside. Jacket shows heavy wear but fully legible. Interior evidences gentle use. Overall, a very serviceable copy. We are Prompt & Efficient.
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Editorial Reviews
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Product Description
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.
Richard A. Brealey is Midland Bank Professor of Corporate Finance and Director of the London Business School's Institute of Finance and Accounting.
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