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...
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| Tác giả chính: | |
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| Tác giả khác: | |
| Ngôn ngữ: | Undetermined English |
| Được phát hành: |
Boston, Mass.
Harvard Business School Press
1998
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| Những chủ đề: | |
| Các nhãn: |
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| Thư viện lưu trữ: | Trung tâm Học liệu Trường Đại học Trà Vinh |
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| 008 | 210423s9999 xx 000 0 und d | ||
| 020 | |a 0875847439 | ||
| 020 | |a 9780875847436 | ||
| 041 | |a eng | ||
| 082 | |a 332.6 | ||
| 082 | |b B993 | ||
| 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 | |
| 260 | |a Boston, Mass. | ||
| 260 | |b Harvard Business School Press | ||
| 260 | |c 1998 | ||
| 300 | |a xvii, 152 p. | ||
| 300 | |b ill. | ||
| 300 | |c 25 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 Portfolio management; Investment analysis | ||
| 700 | |a Richard O. Michaud | ||
| 980 | |a Trung tâm Học liệu Trường Đại học Trà Vinh | ||