1.

Record Nr.

UNINA9910145301803321

Autore

Treynor Jack L

Titolo

Treynor on institutional investing [[electronic resource] /] / Jack L. Treynor

Pubbl/distr/stampa

Hoboken, N.J., : J. Wiley & Sons, c2008

ISBN

1-118-16070-3

1-119-19667-1

1-281-03235-2

9786611032357

0-470-18752-2

Descrizione fisica

1 online resource (602 p.)

Collana

Wiley finance series

Disciplina

332.67253

Soggetti

Institutional investments

Portfolio management

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Using portfolio composition to estimate risk -- Business versus statistical price risk -- Specific risk -- On the quality of municipal bonds -- Time diversification -- Toward a theory of market value of risky assets -- Portfolio theory is inconsistent with the efficient market hypothesis -- In defense of CAPM -- The coming revolution -- How to rate management of investment funds -- Can mutual funds outguess the market? -- The future of performance measurement -- Unemployment and inflation -- What Professor Galbraith neglected to tell his television audience -- The financial objective in the widely held corporation -- The real cost of inflation -- The fiscal burden -- A modest proposal -- A more modest proposal -- Real growth, government spending, and private investment -- Securities law and public policy -- Shirtsleeves to shirtsleeves in three generations -- Is training a good investment? -- The fifth horseman -- A theory of inflation -- How to regulate a monopoly -- Man's most important invention -- Will the Phillips curve cause World War III?

Sommario/riassunto

Praise for TREYNOR ON INSTITUTIONAL INVESTING""Jack Treynor has a



mind of his own. I mean that as the highest compliment. Jack Treynor sees what no one else sees, thinks what no one else thinks, explains what no one else explains. You will learn more in fifteen minutes with Jack Treynor than in a full hour with most pundits. You will work hard but you will see things, think things, and understand things as never before. This book is a most valuable treasure, gleaming with Jack Treynor's brilliance.""-Peter L. Bernstein, author, Capital Ideas Evolving""Vintage Treynor. This