, and the challenges of achieving success in a highly competitive capital market. The authors present a comprehensive … compendium on the financial theory, the empirical evidence and the mathematical tools that form the underlying principles of …

triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory … approaches to finance and investing, i.e., modern portfolio theory and behavioral finance, and provides an overview of stock … market anomalies and historical crashes. It is intended to serve as a comprehensive introduction to asset and risk management …