Notes: Active Portfolio Management. By Zhipeng Yan. Active Portfolio Management. By Richard C. Grinold and Ronald N. Kahn. Part I Foundations. By RICHARD C. GRINOLD and RONALD N. KAHN. Chicago and Cambridge, Probus Publishing, Pp. vii + Active Portfolio Management by Richard. Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn.” -Scott Stewart, Portfolio Manager.
|Published (Last):||7 November 2015|
|PDF File Size:||11.41 Mb|
|ePub File Size:||17.91 Mb|
|Price:||Free* [*Free Regsitration Required]|
Most opportunities fall somewhere in between. Please try again later.
Active Portfolio Management
The Kindle rendition is an utter disaster and sheer disappointment. That means, if you increase the text size, the equations still remain tiny.
It revisits a number of discussions from the first edition, shedding new light on some of today’s most pressing issues, including risk, dispersion, market impact, and performance analysis, while providing empirical evidence where appropriate.
Decent read, not sure how helpful. My library Help Advanced Book Search. No trivia or quizzes yet. Personally, I would have liked a little more meat on non-parametric statistics, maybe some overarching Bayesian framework and some ideas on backtesting, a la bootstrap resampling, but it would probably change the tenor of the book and reduce its utility for what they do at work.
Kindle Edition Verified Purchase. Both fundamental and quantitative investment managers will benefit from xctive this updated edition by Grinold and Kahn. I would recommend this book to anyone who is curious about scientific and investment theories. This is a remarkable quality, as the book really was, as far as I can tell, written to help out with the kinds of tasks they face at BGI. MichaudRobert O.
Active Portfolio Management by Kahn, Richard Grinold; Ronald
Grinold spent 14 years at BARRA, where he served as Director of Research, Executive Vice President, and President; and 20 years on the faculty at the School of Business Administration at the University of California, Berkeley, where he served as the chairman of the finance faculty, chairman of the management science faculty, and director of the Berkeley Program in Finance.
Richard GrinoldRonald Kahn. Pinto No preview available – I refer to it weekly at work. Amazon Second Chance Pass it on, trade it in, give it a second life. Even though the book is full of financial theory the approach is practical. Often the asset management process focuses excessively on the quality of bets versus the quantity. Kevin rated it did not like it Jul 02, Amazon Restaurants Food delivery from local restaurants. When I’m banging my head on a problem, and getting no joy from the google machine, Grinold and Kahn’s book often has something which at least points me to the answer.
However, this book is a lot more than that. Explore the Home Gift Guide. There is a substantial expansion in both depth and breadth on the original. Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn. Share your thoughts with other customers.
I read this book because it was recommended for Coursera course: Write a customer review. ComiXology Thousands of Digital Comics. They should go buy Hull and be happy.
Set up a giveaway. They didn’t write a book about specific investment instances that come up. That is what Grinold and Kahn do for a living, and they probably wrote the book to have something to give managemetn dumb pupils who don’t know anything. Amazon Renewed Refurbished products with a warranty. Ships from and sold by Amazon. Return to Book Page.
Pages with related products. Mathematically rigorous and meticulously organized, Active Portfolio Management broke new ground when it first became available to investment managers in There is probably a section in this book which relates to it. Please see Timothy Falcon Crack’s response to my review.
A Quantitative Approach for Producing Superior Books by Richard C. Grinold and Kahn go much forward and at the same time had managed to clearly and meticulously show the CAPM model, its limitations and the more sophisticated tools developed from it.
Anselmo Araujo rated it really liked it Feb 13, Richard Grinold and Ronald Kahn, today retired and at BlackRock respectively, share a history in academia, at BARRA and above all at the quant behemoth Barclays Global Investors where they both held leading positio Academic financial text books have, to a large extent, focused on beta and the so called efficient market. It outlines an active management framework that begins with a benchmark portfolio, then defines exceptional returns as they relate to that benchmark.
The print edition and the kindle version do not match. Thanks for telling us about the problem. Active Portfolio Management was groundbreaking when it was first published in as instead it was devoted to the practical process of generating alpha from a quantative angle.