LEADER 04425nam 2200829Ia 450 001 9910781065003321 005 20211210154655.0 010 $a1-282-53140-9 010 $a9786612531408 010 $a1-4008-3018-4 024 7 $a10.1515/9781400830183 035 $a(CKB)2550000000007431 035 $a(EBL)485801 035 $a(OCoLC)609856432 035 $a(SSID)ssj0001062687 035 $a(PQKBManifestationID)12426355 035 $a(PQKBTitleCode)TC0001062687 035 $a(PQKBWorkID)11016513 035 $a(PQKB)11587882 035 $a(SSID)ssj0000361900 035 $a(PQKBManifestationID)11296231 035 $a(PQKBTitleCode)TC0000361900 035 $a(PQKBWorkID)10362068 035 $a(PQKB)11672606 035 $a(OCoLC)648585605 035 $a(MdBmJHUP)muse36482 035 $a(DE-B1597)446483 035 $a(OCoLC)979685620 035 $a(DE-B1597)9781400830183 035 $a(Au-PeEL)EBL485801 035 $a(CaPaEBR)ebr10367295 035 $a(CaONFJC)MIL253140 035 $a(PPN)170232425 035 $a(MiAaPQ)EBC485801 035 $a(EXLCZ)992550000000007431 100 $a20080422e20082007 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aInvestors and markets$b[electronic resource] $eportfolio choices, asset prices, and investment advice /$fWilliam F. Sharpe 205 $aCourse Book 210 $aPrinceton, N.J. $cPrinceton University Press$d2008 215 $a1 online resource (232 p.) 225 1 $aPrinceton lectures in finance 300 $aDescription based upon print version of record. 311 $a0-691-12842-1 311 $a0-691-13850-8 320 $aIncludes bibliographical references and index. 327 $tFrontmatter --$tContents --$tPreface --$tOne. Introduction --$tTwo. Equilibrium --$tThree. Preferences --$tFour. Prices --$tFive. Positions --$tSix. Predictions --$tSeven. Protection --$tEight. Advice --$tReferences --$tIndex 330 $aIn Investors and Markets, Nobel Prize-winning financial economist William Sharpe shows that investment professionals cannot make good portfolio choices unless they understand the determinants of asset prices. But until now asset-price analysis has largely been inaccessible to everyone except PhDs in financial economics. In this book, Sharpe changes that by setting out his state-of-the-art approach to asset pricing in a nonmathematical form that will be comprehensible to a broad range of investment professionals, including investment advisors, money managers, and financial analysts. Bridging the gap between the best financial theory and investment practice, Investors and Markets will help investment professionals make better portfolio choices by being smarter about asset prices. Based on Sharpe's Princeton Lectures in Finance, Investors and Markets presents a method of analyzing asset prices that accounts for the real behavior of investors. Sharpe makes this technique accessible through a new, one-of-a-kind computer program (available for free on his Web site, at http://www.stanford.edu/~wfsharpe/apsim/index.html) that enables users to create virtual markets, setting the starting conditions and then allowing trading until equilibrium is reached and trading stops. Program users can then analyze the final portfolios and asset prices, see expected returns, and measure risk. In addition to popularizing the most sophisticated form of asset-price analysis, Investors and Markets summarizes much of Sharpe's most important previous work and reflects a lifetime of thinking about investing by one of the leading minds in financial economics. Any serious investment professional will benefit from Sharpe's unique insights. 410 0$aPrinceton lectures in finance. 606 $aPortfolio management 606 $aSecurities$xPrices 606 $aCapital assets pricing model 606 $aInvestment analysis 606 $aInvestments 615 0$aPortfolio management. 615 0$aSecurities$xPrices. 615 0$aCapital assets pricing model. 615 0$aInvestment analysis. 615 0$aInvestments. 676 $a332.6 700 $aSharpe$b William F$0103696 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910781065003321 996 $aInvestors and markets$93767441 997 $aUNINA