THE PROFESSION - The Valuation of Security Analysis - Active portfolio management is commonly partitioned into two types of activities: Market timing, which requires forecasts of broad-based market movements, and security analysis, which requires the selection of individual stocks that are perceived to be underpriced by the market. Robert Merton and others have provided an insightful and easily ...
Year of publication: |
1999
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Authors: | Kane, Alex ; Marcus, Alan J. ; Trippi, Robert R. |
Published in: |
The journal of portfolio management : a publication of Institutional Investor. - New York, NY : Institutional Investor, ISSN 0095-4918, ZDB-ID 1971451. - Vol. 25.1999, 3, p. 25-38
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