The Portable MBA in Investment (The Portable MBA Series)

About this book

The Portable MBA in Investment Edited by Peter L. Bernstein a state-of-the-art program in investment principles andapplications from top-flight professionals "Peter Bernstein and his Dream Team tackle the entire investmentspectrum--from soup to nuts--and emerge triumphant. Must readingfor all investors--even those who already have their MBAs." --JackR. Meyer President and CEO Harvard Management Company Inc. "This book provides a treasure chest for the serious student ofinvestment." --William Reichenstein Power Chair in InvestmentManagement Baylor University "This is an indispensable resource for anyone who is serious aboutinvesting. The lucid and insightful contributions by highlyrespected experts successfully blend theory with practice."--Claude Erb Managing Editor First Chicago Investment ManagementCompany "Peter Bernstein has uniquely facilitated a revolution ininvestment thinking and practice over the last several decades.Students of investing everywhere are fortunate to have such auseful guide to some of the best practices in use today by theprofessional investment industry." --Patricia C. Dunn ManagingDirector and CEO Defined Benefit Group "This book is an excellent addition to the investment bookshelf.Its long on substance as readers of Peter Bernstein have come toexpect of his work." --Charles Froland Managing Director StanfordInvestment Management Company Once upon a time Wall Street lived off nice little homilies like"buy low and sell high" and "dont put all your eggs in onebasket." But investors can no longer depend on such well-wornproverbs. Today the winners on Wall Street employ a body of theory thattransforms logic psychology and statistical sophistication into apowerful package of systematic principles for successful investing.This body of theory is the investors survival kit in a financialworld flooded with information novel strategies and dazzlingfinancial instruments. The Portable MBA in Investment is a comprehensive guide toinvesting in todays world of finance with emphasis on convertingtheoretical concepts into profitable applications. Edited by PeterL. Bernstein one of the most knowledgeable and respected names infinance The Portable MBA in Investment is ideal for seriousinvestors people with fiduciary responsibilities businessmanagers professionals and students pursuing investmentcareers. The book brings together an all-star team of experienced investmentprofessionals and leading academics. Their lucid and authoritativecontributions explain the state-of-the-art approach to everythingfrom setting objectives and choosing strategies to assetallocation valuation risk management tax considerations andperformance measurement. In his introduction Peter Bernstein states "The essence ofinvestment theory is that being smart is not a sufficient conditionfor being rich. This book is about the missing ingredients." ThePortable MBA in Investment enables you to experience top-levelinstruction on investment principles at your own pace--without thetime and expense of an MBA program. OTHER SERIES TITLES: The New Portable MBA The Portable MBA in Marketing The Portable MBA in Finance and Accounting The Portable MBA in Management The Portable MBA Desk Reference The Portable MBA in Entrepreneurship