Intro -- INTRODUCTION -- 1 A FIRST VISIT TO INTEREST RATES AND BONDS -- 2 AN ARBITRAGE-ENFORCED VALUATION OF BONDS -- 3 THE VARIOUS CONCEPTS OF RATES OF RETURN ON BONDS: YIELD TO MATURITY AND HORIZON RATE OF RETURN -- 4 DURATION: DEFINITION, MAIN PROPERTIES, AND USES -- 5 DURATION AT WORK: THE...

Intro -- Series page -- Title Page -- Copyright -- Table of Contents -- Preface -- About this book -- Whom is this book for? -- Outline of the book -- Acknowledgments -- Chapter 1: Introduction -- Banks and Risk Management -- Evolution of Bank Capital Regulation -- Creating Value from Risk...

Cover -- Title Page -- Copyright -- Contents -- Foreword -- Preface -- Chapter 1 Martingale and Anti‐Martingale -- 1.1 The Right Stake -- 1.2 Martingale -- 1.3 Anti‐Martingale -- 1.4 More Examples -- 1.5 A Miraculous Technique? -- 1.6 Conclusions -- Chapter 2 The Kelly Formula -- 2.1 Kelly...

In Investors and Markets, Nobel Prize-winning financial economist William Sharpe shows that investment professionals cannot make good portfolio choices unless they understand the determinants of asset prices. But until now asset-price analysis has largely been inaccessible to everyone except...

Cover -- Title Page -- Copyright -- Contents -- Preface -- Acknowledgments -- About the Authors -- Chapter 1: The Beauty of Simplicity - The Rise of Passive Investments -- Outperformance - A Tough Challenge -- Institutional Investors: A Small Change in Allocations, A Big Step for Passive...

Intro -- High Returns from Low risk: a remarkable stock market paradox -- Contents -- Introduction -- Chapter One The Opposite of What You're Aiming For -- Chapter Two Mr Thrifty Enters the Stock Market -- Chapter Three The Tortoise Beats the Hare -- Chapter Four A Little Bit Is Enough --...

Intro -- TITLE PAGE -- COPYRIGHT -- DEDICATION -- INTRODUCTION -- 1 MY APPROACH TO INVESTING -- BEING A CONTRARIAN -- HAVING CONFIDENCE -- CONTROLLING EMOTIONS -- NOTES -- 2 THE BRIEF STORY OF MY LIFE -- 1. WILLINGNESS AND ABILITY TO BE AN INDEPENDENT THINKER AND A CONTRARIAN -- 2. MOTIVATION TO...

"Mitigate risk and increase returns with an alternative hedge fund strategy Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition is the definitive guide to the ins and outs of the burgeoning merger arbitrage hedge fund strategy, with real-world examples that illustrate how...

Intro -- Equity Asset Valuation -- Contents -- Foreword -- Preface -- Acknowledgments -- About the CFA Institute Investment Series -- Chapter 1 Equity Valuation: Applications & Processes -- Learning Outcomes -- 1. Introduction -- 2. Value Definitions and Valuation Applications -- 2.1. What Is...

Warren Buffett is the most famous investor of all time and one of today’s most admired business leaders. He became a billionaire and investment sage by looking at companies as businesses rather than prices on a stock screen. The first two editions of The Warren Buffett Way gave investors their...