Beyond the Basics: Unveiling the Complexities of Risk-Return Relationships
Naina
Broschiertes Buch

Beyond the Basics: Unveiling the Complexities of Risk-Return Relationships

Versandkostenfrei!
Versandfertig in 6-10 Tagen
28,10 €
inkl. MwSt.
PAYBACK Punkte
0 °P sammeln!
The merge between financial theory and practical investing was greatly observed in the 1950s and 1960s, with the formulation of portfolio theory by Markowitz (1952) and later on the Capital Asset Pricing Model of Sharpe (1964) and Lintner (1965) which was built on the basis portfolio theory. Current financial theory is based on three critical assumptions which are (i) market efficieny, (ii) there are arbitrage opportunities for investors and (iii) rationality of investors. The Markowitz the-ory of Markowitz (1952) is a theory that aims to optimize expected discounted re-turns in an investment ...