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Record Nr. |
UNINA9910143128003321 |
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Autore |
Falkenstein Eric <1965-> |
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Titolo |
Finding alpha [[electronic resource] ] : the search for alpha when risk and return break down / / Eric Falkenstein |
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Pubbl/distr/stampa |
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Hoboken, N.J., : Wiley, c2009 |
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ISBN |
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1-282-12176-6 |
9786612121760 |
1-118-26693-5 |
0-470-49535-9 |
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Descrizione fisica |
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1 online resource (307 p.) |
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Collana |
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Classificazione |
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Disciplina |
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Soggetti |
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Financial risk management |
Rate of return |
Capital assets pricing model |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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FINDING ALPHA: The Search for Alpha When Risk and Return Break Down; Contents; Chapter 1: Risk Uncorrelated with Returns; Chapter 2: The Creation of the Standard Risk-Return Model; Chapter 3: An Empirical Arc; Chapter 4: Volatility, Risk, and Returns; Chapter 5: Investors Do Not Mind Their Utility Functions; Chapter 6: Is The Equity Risk Premium Zero?; Chapter 7: Undiminished Praise of a Vacuous Theory; Chapter 8: Why Relative Utility Generates Zero-Risk Premiums; Chapter 9: Why We Are Inveterate Benchmarkers; Chapter 10: Alpha, Risk, and Hope; Chapter 11: Examples of Alpha |
Chapter 12: Alpha GamesChapter 13: Alpha Seeking Applications; Conclusion; Notes; Index |
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Sommario/riassunto |
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Praise for Finding Alpha ""Eric Falkenstein is more than one of the smartest and funniest people in finance. He's been a banker, a key model builder at a major rating agency, and a hedge fund trader. In this tour de force, he outlines the successes and failures of financial theory applications in the real world from the perspective of an aggressive |
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