Thomas Pistorius

Heterodox Investment Theory

Stochastic Predictability and Uncertainty

• Gebundenes Buch

Produktbeschreibung

This book combines the study of rhetoric, history, philosophy, philosophy of statistics and the culture of investing to discuss the foundations of stochastical predictability in investment theory. Besides discussing the problem of stochastical prediction, the book also covers alternative investment theories. Ideas from uncertainty economics, expressed by the likes of Keynes, Knight, von Mises, Taleb and McCloskey are also discussed. This book will be of interest to researchers and academics in the field of investment theory, as well as investment practitioners.

Produktdetails

• Verlag: Palgrave Macmillan / Springer International Publishing / Springer, Berlin
• Artikelnr. des Verlages: 978-3-319-55004-6
• 1st ed. 2017
• Seitenzahl: 272
• Erscheinungstermin: 5. September 2017
• Englisch
• Abmessung: 216mm x 153mm x 20mm
• Gewicht: 445g
• ISBN-13: 9783319550046
• ISBN-10: 3319550047
• Artikelnr.: 47530246

Autorenporträt

Thomas Pistorius, PhD, holds a Masters degree in finance from Tilburg University and a Bachelor in philosophy from Utrecht University, Netherlands. He has spent his professional life working in investment management as an investment advisor, analyst, risk manager, and researcher. His research is driven by an interest in finance and the arts, encompassing the rhetoric, history, philosophy, and culture of investment theory to discuss stochastic predictability.

Inhaltsangabe

Chapter 1: Introduction.- Chapter 2: The History of Investment Theory.-Chapter 3: Investment Theory, Probability Theory, and Uncertainty.- Chapter 4: Beyond Statistics: A New Rhetoric for Investment Theory.- Chapter 5: The Culture of Investing.- Chapter 6: Conclusions.

Rezensionen

"Heterodox Investment Theory is a thought-provoking book ... . The book's greatest contribution is to encourage investment professionals to look beyond the standard investment models that are taught in business schools and the statistics underlying the theories and to consider alternative models that may enhance their understanding of financial markets. Those who are comfortable with the jargon of philosophy and rhetoric will likely find this an interesting book that opens up their minds to new modes of thinking." (Ronald L. Moy,Enterprising Investor, blogs.cfainstitute.org, June 21, 2019)