The Mathematical Theory Of Investment (1913)
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The Mathematical Theory of Investment is a classic work of financial mathematics written by Ernest Brown Skinner in 1913. The book provides a detailed analysis of the principles and methods of investment, with a focus on the use of mathematical models to make informed decisions about investments. Skinner begins by introducing the basic concepts of investment, including the time value of money, interest rates, and risk. He then goes on to explore various mathematical models for evaluating investments, including the use of compound interest, annuities, and the present value of future cash flows....
The Mathematical Theory of Investment is a classic work of financial mathematics written by Ernest Brown Skinner in 1913. The book provides a detailed analysis of the principles and methods of investment, with a focus on the use of mathematical models to make informed decisions about investments. Skinner begins by introducing the basic concepts of investment, including the time value of money, interest rates, and risk. He then goes on to explore various mathematical models for evaluating investments, including the use of compound interest, annuities, and the present value of future cash flows. Throughout the book, Skinner emphasizes the importance of understanding the underlying principles of investment and the need for careful analysis and evaluation of investment opportunities. He also discusses the role of speculation in investment and provides guidance on how to differentiate between sound investment strategies and risky speculation. Overall, The Mathematical Theory of Investment is a comprehensive and insightful guide to the principles and methods of investment, and it remains a valuable resource for anyone interested in financial mathematics or investment theory.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
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