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Kickstart Your Corporate Survival: The Complete Guide to Active Career Management (Kickstart Series)
Patrick Forsyth Manufacturer: Capstone Ltd ProductGroup: Book Binding: Hardcover ASIN: 184112480X |
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Kickstart Your Corporate Survival
Patrick Forsyth Manufacturer: John Wiley & Sons Inc ProductGroup: Book Binding: Paperback ASIN: 0470850388 |
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Quantitative Equity Portfolio Management (McGraw-Hill Library of Investment and Finance)
Ludwig B Chincarini , and Daehwan Kim Manufacturer: McGraw-Hill ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0071459391 |
Book Description
Praise for Quantitative Equity Portfolio Management
“A must-have reference for any equity portfolio manager or MBA student, this book is a comprehensive guide to all aspects of equity portfolio management, from factor models to tax management.” ERIC ROSENFELD, Principal & Co-founder of JWM Partners
“This is an ambitious book that both develops the broad range of artillery employed in quantitative equity investment management and provides the reader with a host of relevant practical examples. The book excels in melding theory with practice.” STEPHEN A. ROSS, Franco Modigliani Professor of Financial Economics, Massachusetts Institute of Technology
“The book is very comprehensive in its coverage, detailed in its discussions and written from a practical perspective without sacrificing needed rigor.” DAVID BLITZER, Managing Director and Chairman, Standard & Poor's Index Committee
“Making the transition from the walls of academia to Wall Street has traditionally been a difficult task…This book provides this link in a successful and engaging fashion, giving students of finance a road map for the application of financial theories in a real-world setting.” MARK HOLOWESKO, CEO and Founder, Templeton Capital Advisors
“This text provides an excellent synthesis of a broad range of quantitative portfolio management methods…In addition, there are a number of insightful innovations that extend and improve current techniques.” DAN DIBARTOLOMEO, President and Founder, Northfield Information Services, Inc.
Capitalize on Today's Most Powerful Quantitative Methods to Construct and Manage a High-Performance Equity Portfolio
Quantitative Equity Portfolio Management is a comprehensive guide to the entire process of constructing and managing a high-yield quantitative equity portfolio. This detailed handbook begins with the basic principles of quantitative active management and then clearly outlines how to build an equity portfolio using those powerful concepts.
Financial experts Ludwig Chincarini and Daehwan Kim provide clear explanations of topics ranging from basic models, factors and factor choice, and stock screening and ranking…to fundamental factor models, economic factor models, and forecasting factor premiums and exposures.
Readers will also find step-by-step coverage of portfolio weights… rebalancing and transaction costs…tax management…leverage…market neutral…Bayesian _…performance measurement and attribution…the back testing process…and portfolio performance.
Filled with proven investment strategies and tools for developing new ones, Quantitative Equity Portfolio Management features:
Each chapter of this all-in-one portfolio management resource contains an appendix with valuable figures, tables, equations, mathematical solutions, and formulas. In addition, the book as a whole has appendices covering a brief history of financial theory, fundamental models of stock returns, a basic review of mathematical and statistical concepts, an entertaining explanation and quantitative approach to the casino game of craps, and other on-target supplemental materials.
An essential reference for professional money managers and students taking advanced investment courses, Quantitative Equity Portfolio Management offers a full array of methods for effectively developing high-performance equity portfolios that deliver lucrative returns for clients.
About the Authors
Ludwig B. Chincarini, Ph.D., CFA, is a professor of finance at Georgetown University as well as a financial consultant to institutional investors. Previously, he was director of research at Rydex Global Advisors, the index mutual fund company. Prior to that, Dr. Chincarini was director of research at FOLIOfn, a brokerage firm that pioneered basket trading. He also worked at the Bank for International Settlements and holds a Ph.D. in economics from the Massachusetts Institute of Technology.
Daehwan Kim, Ph.D., is a professor of economics at the American University in Bulgaria. Previously, he was employed as a financial economist for FOLIOfn. Dr. Kim also worked as a financial journalist, writing regular columns on financial markets for business media in Asia. He also holds a Ph.D. in economics from Harvard University.
Customer Reviews:
The book on factor models.......2007-08-22
Excellent Book - Highly Recommend.......2007-01-25
A practical entry-level quant equity portfolio management book.......2006-12-01
A very readable primer on quantiative equity portfolio management.......2006-09-07
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Quantitative Equity Portfolio Management: Modern Techniques and Applications (Chapman & Hall/Crc Financial Mathematics Series)
Edward E. Qian , Ronald H. Hua , and Eric H. Sorensen Manufacturer: Chapman & Hall/CRC ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 1584885580 |
Book Description
Quantitative equity portfolio management combines theories and advanced techniques from several disciplines, including financial economics, accounting, mathematics, and operational research. While many texts are devoted to these disciplines, few deal with quantitative equity investing in a systematic and mathematical framework that is suitable for quantitative investment students. Providing a solid foundation in the subject, Quantitative Equity Portfolio Management: Modern Techniques and Applications presents a self-contained overview and a detailed mathematical treatment of various topics. From the theoretical basis of behavior finance to recently developed techniques, the authors review quantitative investment strategies and factors that are commonly used in practice, including value, momentum, and quality, accompanied by their academic origins. They present advanced techniques and applications in return forecasting models, risk management, portfolio construction, and portfolio implementation that include examples such as optimal multi-factor models, contextual and nonlinear models, factor timing techniques, portfolio turnover control, Monte Carlo valuation of firm values, and optimal trading. In many cases, the text frames related problems in mathematical terms and illustrates the mathematical concepts and solutions with numerical and empirical examples. Ideal for students in computational and quantitative finance programs, Quantitative Equity Portfolio Management serves as a guide to combat many common modeling issues and provides a rich understanding of portfolio management using mathematical analysis.
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Equity Management: Quantitative Analysis for Stock Selection
Bruce I. Jacobs , Kenneth N. Levy , and Harry M. Markowitz (Foreword) Manufacturer: McGraw-Hill ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0071346864 |
Book Description
Two pioneers and innovators in the money management field present their choice of groundbreaking, peer-reviewed articles on subjects including portfolio engineering and long-short investment strategy. More than just a collection of classic review pieces, however, Equity Management provides new material to introduce, interpret, and integrate the pieces, with an introduction that provides an authoritative overview of the chapters. Important and innovative, it is destined to become the "Graham and Dodd" of quantitative equity investing.Download Description
Two pioneers and innovators in the money management field present their choice of groundbreaking, peer-reviewed articles on subjects including portfolio engineering and long-short investment strategy.Customer Reviews:
One good chapter, but slightly repetitive & not much new.......2003-10-10
Chapter 2 focuses on the use of regression analysis to "disentangle" various stock market anomalies. The authors claim that simple rules such as "Buy low-P/E stocks" are appealing, but oversimplify the true source of stock returns. For example, low P/E stocks tend to have higher rates of return, as do small-capitalization stocks. But if a small capitalization stocks also tend to have low P/E's, then how much of their return is due to the low-P/E effect by itself, and how much is due to the small-capitalization effect by itself? Jacobs & Levy have done the analyses, and show which effects are genuine, and which effects are merely proxies for other effects. The effects that turn out to be the strongest when "disentangled" include low P/E, Earnings trend, Earnings Surprise, Residual Reversal, and Relative Strength.
The introductory chapters in the book make some interesting points. They argue that the stock market is not random, but then again it is also not simple. Although simple rules are appealing to humans, they oversimplify the complexity of the market. To gain an edge, one must use sophisticated, objective, multi-factor statistical computer models that capture the complex interactions in the market. Of course the authors are saying this to advocate the techniques they use, but nevertheless, they have some good points.
Finally, the second half of the book focuses on the construction of long-short portfolios, though there is not much fresh material here. They point out some of the logistical details of running a long-short portfolio, and give some examples. Also, they introduce the concept of "alpha-transport." That is, one can construct a long-short market neutral portfolio, then by buying buy an index (using SP500 futures, for example) one "transports" the gains from the long-short portfolio onto the gains/losses of the index position. Thus, if the stock picking for the long-short portfolio is done correctly, the total portfolio will beat the index picked. To me, this seemed like an obvious technique; I'm surprised they decided to focus on it and give it a fancy name ("alpha transport")
Overall, I found the book interesting, though somewhat repetitious. I was familiar with much of what was covered, however I did find that Chapter 2 was worth reading, since I wasn't familiar with Jacobs & Levy's work in detail.
Ultimately disappointing.......2001-04-23
A collection of articles aimed at practitioners.......2000-06-23
A Potent, Authoritative Guide to Successful Stock Selection.......2000-05-22
It is easy to see how "alpha transport", when properly used, can also help maximize returns while minimizing risk. However, I imagine there have been, more often than not, improper use of alpha transport which did just the opposite (minimize return and maximize risk). Obviously not included in the text is the "proper usage" or algorithms for "disentangling equity return regularities". I imagine the authors keep such information close to their chest and constantly update them as old algorithms become part of the efficient market.
The work provides a guide to modern methods of equity management, and for those interested in the state-of-the-art, I highly recommend this book.
Still Just a Collection of Journal Articles.......2000-04-26
The Bad: It is a collection of some of the great papers by the authors over the years that have appeared in Journal of Portfolio Mgt., Journal of Investing and the Financial Analysts Journal. If you do any work in quant equity management you know and have these papers. The introductions and "new" material that ties it all together is not worth the expense. What sort of got under my skin is that none of the work has been updated or brought current, even by using appendicies. Since some of their most interesting quant work was published 12 years ago we have no updates as to how the factors are doing. This would have been a great value to this reader.
Overall its a great body of work but nothing new.
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Principal portfolio trading: A guide to more efficient execution (United States equities derivatives group. Quantitative trading)
Neil Yelsey Manufacturer: Salomon Brothers ProductGroup: Book Binding: Unknown Binding ASIN: B0006QZHQK |
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Sexy Dressing Etc
Duncan Kennedy Manufacturer: Harvard University Press ProductGroup: Book Binding: Paperback Similar Items: ASIN: 0674802977 |
Book Description
Duncan Kennedy argues that an American radicalism is both possible and desirable. One base for radical politics is the big institutional workplace; another is popular culture--whence his emphasis on phenomena like sexy dressing. Kennedy's aim is to wed the rebelliousness, irony, and irrationalism of cultural modernism and postmodernism to the earnestness of political correctness.
Customer Reviews:
fabulous !.......1999-01-08
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The Role of Trees in Sustainable Agriculture (Forestry Sciences)
Manufacturer: Springer ProductGroup: Book Binding: Hardcover ASIN: 0792320301 |
Book Description
Agroforestry reserach and development in Australia has been largely fragmented and many of the research results have never been published and are unknown. The purpose of this volume is to comprehensively review all of the research that has taken place in the field of agroforestry in Australia, including previously unpublished results, providing readers with the latest technical and economic information about using trees in agriculture for the control of salinity and erosion, for shelter and shade, and for the production of timber, fodder and minor forest products. The book provides information concerning planted trees within all of these categories and includes special review of the management of native vegetation on farms. These papers also examine research needs where appropriate.
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The role of trees for sustainable management of less-favored lands: The case of eucalyptus in Ethiopia (EPTD discussion paper)
Pamela Jagger Manufacturer: Environment and Production Technology Division, International Food Policy Research Institute ProductGroup: Book Binding: Unknown Binding ASIN: B0006RLZ2Y |
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Tropical Forages: Their Role in Sustainable Agriculture
L. R. Humphreys Manufacturer: John Wiley & Sons ProductGroup: Book Binding: Hardcover ASIN: 0470234334 |
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Adaptive Radiations of Neotropical Primates
Manufacturer: Springer ProductGroup: Book Binding: Hardcover ASIN: 0306453991 |
Customer Reviews:
Review from The Quaterly Review of Biology (June 1998).......2002-07-02
Adaptive Radiation of Neotropical Primates.......2000-05-02
Adaptive Radiation of Neotropical Primates.......2000-05-02
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New Trends in Co Activation (Studies in Surface Science and Catalysis, Vol 64)
Manufacturer: Elsevier Publishing Company ProductGroup: Book Binding: Hardcover ASIN: 0444882383 |
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Recombination in Semiconductors
Peter T. Landsberg Manufacturer: Cambridge University Press ProductGroup: Book Binding: Paperback ASIN: 0521543436 |
Book Description
This book is devoted to the main aspects of the physics of recombination in semiconductors. It is the first book to deal exclusively and comprehensively with the subject, and as such is a self-contained volume, introducing the concepts and mechanisms of recombination from a fundamental point of view. Professor Landsberg is an internationally acknowledged expert in this field, and while not neglecting the occasional historical insights, he takes the reader to the frontiers of current research. Following initial chapters on semiconductor statistics and recombination statistics, the text moves on to examine the main recombination mechanisms: Auger effects, impact ionisation, radiative recombination, defect and multiphonon recombination. The final chapter deals with the topical subject of quantum wells and low-dimensional structures. Altogether the book covers a remarkably wide area of semiconductor physics. The book will be of importance to physicists, electronic engineers and applied mathematicians who are studying or researching the physics and applications of semiconductors. Some parts of the book will be accessible to final-year undergraduates.
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Deviation of Time-Resolved Luminescence Dynamics in MWIR Semiconductor Materials from Carrier Recombination Theory Predictions
Manufacturer: Storming Media ProductGroup: Book Binding: Spiral-bound ASIN: 1423516834 |
Product Description
This is a AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF ENGINEERING AND MANAGEMENT report procured by the Pentagon and made available for public release. It has been reproduced in the best form available to the Pentagon. It is not spiral-bound, but rather assembled with Velobinding in a soft, white linen cover. The Storming Media report number is A059224. The abstract provided by the Pentagon follows: Time resolved luminescence spectroscopy was used to characterize luminescence decay curves for a bulk InAs sample and an InAsSb type-I quantum- well sample over the first 3ns following excitation. The luminescence decay curves were then converted to carrier densities and used to find recombination coefficients that provided the least-squared-error solution of the rate equation describing carrier recombination. Recombination coefficients describing Shockley Read-Hall (A(sub SRH)) radiative (B(sub rad)) and Anger (C(sub Aug)) recombination were determined at two different temperatures and four excitation powers, then analyzed for consistency and physical significance. For all of the resulting least squares fits a minimum of one recombination coefficient was negative. While this could be explained in terms of unconfined carriers in the quantum structure the lack of a trend in the parameters with excitation power indicates that this has not the sole contributing factor. No explanation for this behavior could be formulated for the bulk InAs sample. As an alternative approach luminescence decay curves were directly analyzed to evaluate the possibility that the anomalous behavior was an artifact of the initial luminescence-to- carrier density mapping. Again the least squares fit resulted in negative coefficients. Furthermore when the parameters were constrained to be positive the best fit was significantly worse than the unconstrained case. This indicated that negative parameters were not simply an artifact of noise in the data.
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Measurement of Ultrafast Carrier Recombination Dynamics in Mid-Infrared Semiconductor Laser Material
Manufacturer: Storming Media ProductGroup: Book Binding: Spiral-bound ASIN: 1423565614 |
Product Description
This is a AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH DEPT OF ENGINEERING PHYSICS report procured by the Pentagon and made available for public release. It has been reproduced in the best form available to the Pentagon. It is not spiral-bound, but rather assembled with Velobinding in a soft, white linen cover. The Storming Media report number is A630933. The abstract provided by the Pentagon follows: Shockley-Read-Hall, radiative, and Auger recombination rates in mid- infrared laser structures are measured and reported using time resolved photoluminescence (TRPL) frequency upconversion. The mid-IR lasers studied were actual InAsSb/InAlAsSb multiple-quantum-well (MQW) diode lasers emitting near 3. 3 micrometers which were previously characterized for laser performance. This effort extends the initial studies and reports on the carrier recombination dynamics. Shockley-Read-Hall, radiative and Auger recombination rates at low temperature (77 K) were measured and found to be A(sub SRH) approx.10 x 10(exp 7)/sec, B(sub rad) approx. 2 x 10(exp -10) cu cm/sec and C(sub Auger) < 10(exp - 29) cm(exp 6)/s respectively, for each sample measured. At higher temperatures (150 K), the recombination rates were measured to be A( sub SRH) approx. 40 x 10(exp 7)/sec B(sub rad) approx. 0.78 x 10(exp -10) cu cm/sec and C(sub Auger) <7.0 x 10(exp -28) cm(exp 6)/s respectively. The Auger coefficient reported here is significantly lower than previous reports on similar material from both theoretical and experimental investigations. This has significant implications for mid-IR laser research, in that Auger may not be the limiting problem.
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Nonequilibrium Phase Transitions in Semiconductors: Self-Organization Induced by Generation and Recombination Processes (Springer Series in Synergetics)
Eckehard Scholl Manufacturer: Springer ProductGroup: Book Binding: Hardcover ASIN: 0387175822 |
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Radiative Processes and Dephasing 98 Tops (Osa Trends in Optics and Photonics, V. 18.)
Manufacturer: Optical Society of Amer ProductGroup: Book Binding: Hardcover ASIN: 1557525250 |
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Radiative Recombination in Semiconductors. 7th International Conference on Physics of Semiconductors. No. 4
NA Manufacturer: Paris ProductGroup: Book Binding: Hardcover ASIN: B000IUKRB4 |
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Recombination Lifetime Measurements in Silicon
Manufacturer: ASTM International ProductGroup: Book Binding: Hardcover ASIN: 0803124899 |
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Heavy doping effects in high efficiency silicon solar cells quarterly report for period covering January 1, 1986 - March 31, 1986 (SuDoc NAS 1.26:181080)
F. A. Lindholm Manufacturer: National Aeronautics and Space Administration National Technical Information Service ProductGroup: Book Binding: Unknown Binding ASIN: B00010OS16 |
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Influence of COoe° gamma irradiation on the bulk and surface recombination rates in silicon
Michael Anthony Littlejohn Manufacturer: Semiconductor Device Laboratory, Dept. of Electrical Engineering, North Carolina State University ProductGroup: Book Binding: Unknown Binding ASIN: B0007EP978 |
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Nonradiative Recombination in Semiconductors
V. N. Abakumov , V. I. Perel , and I. N. Yassievich Manufacturer: North-Holland ProductGroup: Book Binding: Hardcover ASIN: 0444888543 |
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The Tragedy of Pudd'nhead Wilson and the Comedy Those Extraordinary Twins (1894) (Oxford Mark Twain)
Mark Twain , and David Lionel Smith Manufacturer: Oxford University Press, USA ProductGroup: Book Binding: Hardcover ASIN: 0195101472 |
Book Description
Widely acknowledged as the greatest of his later works, IThe Tragedy of Pudd'nhead Wilson, is Twain's most searingly ironic vision of race in America. Set in a town not unlike the Hannibal of Twain's youth, the book began life as a slapstick comedy about Siamese twins. But "it changed from a farce to a tragedy," Twain tells us, in the course of his writing, and the result was one of the most profound meditations on race and identity an American writer has produced. The voice that dominates this tale is that of Roxana, a light-skinned slave desperate to keep her child from being sold down the river, who switches him in the cradle with the child of her master. Roxana, Twain's most complex and fully-realized adult female character, is a compelling tragic heroine; the plot she sets in motion is daring, risky, and totally riveting. Murder and mayhem precede a courtroom scene that ranks as one of the most memorable in American literature. This conflicted, provocative, richly satirical novel confronts head-on the enigma of what makes us who we are.Customer Reviews:
A look inside Twain's writing method.......2001-10-12
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The Tragedy of Pudd'nhead Wilson & The Comedy of Those Extraordinary Twins
Mark Twain Manufacturer: American Publishing ProductGroup: Book Binding: Hardcover ASIN: B000Q5T2CG |
Product Description
FIRST AMERICAN EDITION! 2 stories in 1 volume. Binding tight w/no looseness; spine slightly cocked. Signatures tight; attractive sienna brown cloth binding w/gilt lettering on front & spine, & black decoration on front & spine. Frontispiece has B&W photo of Twain w/a FACSIMILE of his signature underneath. Interior pages feature delightful, uncredited, B&W sketches in margins, some labeled "Warren" and "FMS." (Sketch of wine bottle on pg. 312 appears flipped by publisher; "FMS" is backwards as is wine label.)
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Tragedy of Pudd'nhead Wilson and the Comedy of Those Extraordinary Twins
Manufacturer: American Publishing Company ProductGroup: Book Binding: Hardcover ASIN: B000GLCMRM |
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Tragedy of Pudd'nhead Wilson and the Comedy of Those Extraordinary Twins
Mark (Samuel L. Clemens) Twain Manufacturer: American Publishing Co. ProductGroup: Book Binding: Hardcover ASIN: B000U8DE28 |
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Tragedy of Pudd'nhead Wilson and the Comedy of Those Extraordinary Twins
Mark Twain Manufacturer: AMERICAN PUBLISHING COMPANY ProductGroup: Book Binding: Hardcover ASIN: B000OK1ZPU |
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The Tragedy of Pudd'nhead Wilson and the Comedy Those Extraordinary Twins
Mark Twain Manufacturer: American Publishing Company ProductGroup: Book Binding: Hardcover ASIN: B000KW05Q2 |
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The Tragedy of Pudd'nhead Wilson and the Comedy Those Extraordinary Twins
Twain Mark Manufacturer: American Publishing Company ProductGroup: Book Binding: Hardcover ASIN: B000UD265Y |
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The Tragedy of Pudd'Nhead Wilson and the Comedy Those Extraordinary Twins (1894
Mark Twain Manufacturer: Oxford University Press, USA ProductGroup: Book Binding: Paperback ASIN: B000OKUX5I |
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The Tragedy of Pudd'nhead Wilson And the Comedy Those Extraordinary Twins. With Marginal Illustrations.
Mark. Twain Manufacturer: American Publishing Company ProductGroup: Book Binding: Hardcover ASIN: B000UWYE14 |
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