Lybrary.com: ebooks and download videos Search All  Title  Author 
Home / Nonfiction / Business & Economics / Investments & Securities / Stocks

Rational Investing: The Subtleties of Asset Management

$39.99
| £31.94 | €36.52 | Ca$54.04 | Au$53.67
by Hugues Langlois & Jacques Lussier
What is this?DRM-EPUB | by download   add to wish list
Rational Investing: The Subtleties of Asset Management by Hugues Langlois & Jacques Lussier

To the average investor, playing the market seems like a high-stakes, high-risk gamble, with success tied almost wholly to luck. In Rational Investing, the asset manager Hugues Langlois and the finance professor Jacques Lussier prove otherwise, showing how anyone can study, predict, and learn to master investing. While luck is no small component of profitable asset management, skilled investors can minimize its influence over time, reducing good and bad luck to minor computational noise.

Langlois and Lussier construct a science of smart investing around four considerations: skill, behavior (investor and market psychology), horizon (short- or long-term investing), and luck. Successful practice means learning how to efficiently balance risk premiums, statistically diversify, and take advantage of mispricing—luck is only a small factor. With clear examples from model multi-asset-class portfolios, Langlois and Lussier show how to implement performance drivers from the perspective of an institutional investor with access to extensive resources, as well as a nonprofessional investor who is constrained to single stock and other small-scale purchases. There are few investment products or management strategies, whether traditional or alternative, discretionary or systematic, fundamental or quantitative, that cannot be analyzed through their framework. Langlois and Lussier illuminate the structure of financial markets and the mechanics of sustainable investing so any investor can become a rational player.

To view this DRM protected ebook on your desktop or laptop you will need to have Adobe Digital Editions installed. It is a free software. We also strongly recommend that you sign up for an AdobeID at the Adobe website. For more details please see FAQ 1&2. To view this ebook on an iPhone, iPad or Android mobile device you will need the Adobe Digital Editions app, or BlueFire Reader or Txtr app. These are free, too. For more details see this article.


SHARE  Share by Email  Share on Facebook  Share on Twitter  Share on Linked In  Share on Delicious
or call in the US toll free 1-888-866-9150 product ID: 914813

Ebook Details
Pages: 240
Size: 2.0 MB
Publisher: Columbia University Press
Date published:   2017
ISBN: 9780231543781 (DRM-EPUB)

DRM Settings
Copying:not allowed
Printing:not allowed
Read Aloud:  not allowed

This product is listed in the following category:

Nonfiction > Business & Economics > Investments & Securities > Stocks

These authors have products in the following categories:

Nonfiction > Business & Economics > Investments & Securities
Nonfiction > Business & Economics > Investments & Securities > Stocks

If you find anything wrong with this product listing, perhaps the description is wrong, the author is incorrect, or it is listed in the wrong category, then please contact us. We will promptly address your feedback.

Submit 5 page SummaryWhat is this?

06/22/2017
© 2017 Lybrary.com