Notes: Active Portfolio Management. By Zhipeng Yan. Active Portfolio Management. By Richard C. Grinold and Ronald N. Kahn. Part I Foundations. Active Portfolio Management has 86 ratings and 7 reviews. Richard Grinold and Ronald Kahn, today retired and at BlackRock respectively, share a history in . Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn.” -Scott Stewart, Portfolio Manager.
|Published (Last):||21 February 2018|
|PDF File Size:||8.63 Mb|
|ePub File Size:||17.57 Mb|
|Price:||Free* [*Free Regsitration Required]|
Active Portfolio Management, Second Editionnow sets the bar even higher.
Active Portfolio Management by Kahn, Richard Grinold; Ronald
Nicholas rated it it was amazing Jan 02, The result is an updated, comprehensive set of strategic concepts and rules of thumb for guiding the process of-and increasing the profits from-active investment management. Product is excellent for novice. Active Portfolio Management, Second Editionnow sets the bar even higher.
For one, there are typos. Every risk manager and trader in the business needs this book.
If a new opportunity is fully correlated to a previous one it adds no IR. My library Help Advanced Book Search. Richard Grinold managdment Ronald Kahn, today retired and at BlackRock respectively, share a history in academia, at BARRA and above all at the quant behemoth Barclays Global Investors where they both held leading positions while writing grinolx book.
That is what Grinold and Kahn do for a living, and they probably wrote the book to have something to give to dumb pupils who don’t know anything. It was my first book on Portfolio Management, although it has very good ratings on goodreads and amazon, I surprisingly found this book rather obscure and not-easy-to-follow.
Amazon Rapids Fun stories actiev kids on the go. Books by Richard C.
Alex Burns rated it it was amazing Nov 02, Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn. Set up a giveaway. He calls this book “masterpiece”, and he says he ended up writing another book Foundations for Scientific Investing to make understanding the subject easier.
Quantitative Equity Portfolio Management: Trivia About Active Portfolio Read reviews that mention portfolio management information ratio active portfolio read this book management this book market risk text practical theory academic approach capm pages quant important manager model analysis authors. To ask other readers questions about Active Portfolio Managementplease sign up.
Since the book is so well rated by many other readers, I guess this is not an introductory course for first-timers. Apart from the jumbling numbers, for someone with insight into the issue, the book is easy to read. Limiting yourself to being long only lowers IR. The Kindle rendition is an utter disaster and sheer disappointment.
There is probably a section in this book which relates to it. Managemebt Tuxford rated it it was ok Oct 16, The book is absolutely superior over the academic textbooks that usually limit themselves to CAPM and efficient market theory.
Refresh and try again. It outlines an active management framework that begins with a benchmark portfolio, then defines exceptional returns as they relate to that benchmark. Yes, you actually do need some calculus and linear algebra to read the book.
This additive value of further breadth requires investment opportunities to be totally uncorrelated this favours an eclectic investment style. You may want to check it out first.
English Choose a language for shopping. A Quantitative Approach for Producing Superior Learn more about Amazon Prime.
Algorithmic Trading and DMA: A Dynamic Process John L. Even though the book is full of financial theory the approach is practical.
Follow the Authors
Return to Book Page. Withoutabox Submit to Film Festivals. Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn.
Bud rated it really liked it Nov 25, It’s a highly quantitative read that will make your undergraduate math courses valuable, literally. Coming from a science and engineering background, I find the exposition verbose, yet lacking a ground-up derive-from-fundamentals approach. Seja o primeiro a avaliar este item Lista de mais vendidos da Amazon: Nsagarajan rated it really liked it Dec 28, Like its predecessor, this volume details how to apply economics, econometrics, and operations research to solving practical investment problems, and uncovering superior profit opportunities.
Giovanni rated it it was ok Apr 01,