Efficient asset management A practical guide to stock portfolio optimization and asset allocation
In spite of theoretical benefits, Markowitz mean-variance (MV) optimized portfolios often fail to meet practical investment goals of marketability, usability, and performance, prompting many investors to seek simpler alternatives. Financial experts Richard and Robert Michaud demonstrate that the lim...
Đã lưu trong:
| Tác giả chính: | |
|---|---|
| Tác giả khác: | |
| Ngôn ngữ: | Undetermined English |
| Được phát hành: |
New York
Oxford University Press
2008
|
| Những chủ đề: | |
| Các nhãn: |
Thêm thẻ
Không có thẻ, Là người đầu tiên thẻ bản ghi này!
|
| Thư viện lưu trữ: | Trung tâm Học liệu Trường Đại học Trà Vinh |
|---|
| LEADER | 01323nam a2200265Ia 4500 | ||
|---|---|---|---|
| 001 | TVU_11189 | ||
| 008 | 210423s9999 xx 000 0 und d | ||
| 020 | |a 0195331915 | ||
| 020 | |a 9780195331912 | ||
| 041 | |a eng | ||
| 082 | |a 332.6 | ||
| 082 | |b M302 | ||
| 100 | |a Michaud, Richard O. | ||
| 245 | 0 | |a Efficient asset management | |
| 245 | 2 | |b A practical guide to stock portfolio optimization and asset allocation | |
| 245 | 0 | |c Richard O. Michaud, Robert O. Michaud | |
| 260 | |a New York | ||
| 260 | |b Oxford University Press | ||
| 260 | |c 2008 | ||
| 300 | |a 128 p. | ||
| 300 | |c 24 cm | ||
| 520 | |a In spite of theoretical benefits, Markowitz mean-variance (MV) optimized portfolios often fail to meet practical investment goals of marketability, usability, and performance, prompting many investors to seek simpler alternatives. Financial experts Richard and Robert Michaud demonstrate that the limitations of MV optimization are not the result of conceptual flaws in Markowitz theory but unrealistic representation of investment information. What is missing is a realistic treatment of estimation error in the optimization and rebalancing process | ||
| 650 | |a Investment analysis; Portfolio management | ||
| 700 | |a Richard O. Michaud; Robert O. Michaud | ||
| 980 | |a Trung tâm Học liệu Trường Đại học Trà Vinh | ||