Sprache: Englisch
Verlag: Columbia University Press, 2011
ISBN 10: 0231151721 ISBN 13: 9780231151726
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Sprache: Englisch
Verlag: Columbia University Press, 2011
ISBN 10: 0231151721 ISBN 13: 9780231151726
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Sprache: Englisch
Verlag: Columbia University Press, 2011
ISBN 10: 0231151721 ISBN 13: 9780231151726
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Sprache: Englisch
Verlag: Columbia University Press, 2011
ISBN 10: 0231151721 ISBN 13: 9780231151726
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Zustand: New. Series: Columbia Business School Publishing. Num Pages: 304 pages, 40 line drawings, 5 tables. BIC Classification: KFF; KJMD; KJMV1; KJQ. Category: (P) Professional & Vocational. Dimension: 229 x 152 x 28. Weight in Grams: 550. . 2011. Hardcover. . . . . Books ship from the US and Ireland.
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In den WarenkorbZustand: New. Über den AutorKent OsbandInhaltsverzeichnisPrefaceAcknowledgmentsAbbreviations1. Introduction2. The Ultimate Confidence Game3. Great Expectations4. Sustainable Debt5. The Midas Touch6. Safety in Numbers7.
Sprache: Englisch
Verlag: Columbia University Press Jul 2011, 2011
ISBN 10: 0231151721 ISBN 13: 9780231151726
Anbieter: AHA-BUCH GmbH, Einbeck, Deutschland
Buch. Zustand: Neu. Neuware - Author of the acclaimed work 'Iceberg Risk: An Adventure in Portfolio Theory,' Kent Osband argues that uncertainty is central rather than marginal to finance. Markets don't trade mainly on changes in risk. They trade on changes in 'beliefs' about risk, and in the process, markets unite, stretch, and occasionally defy beliefs. Recognizing this truth would make a world of difference in investing. Belittling uncertainty has created a rift between financial theory and practice and within finance theory itself, misguiding regulation and stoking huge financial imbalances.Sparking a revolution in the mindset of the investment professional, Osband recasts the market as a learning machine rather than a knowledge machine. The market continually errs, corrects itself, and makes new errors. Respecting that process, without idolizing it, will promote wiser investment, trading, and regulation. With uncertainty embedded at its core, Osband's rational approach points to a finance theory worthy of twenty-first-century investing.