When the 1974 recession hit Wall Street, investment professionals desperately turned to academia to help regain the value of their clients' holdings. Bernstein shows how Wall Street finally embraced the advences wrought in academic seminars and technical journals tht ultimately transformed the art of investing.
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Richard Brealey London Business School This is a great book...captures marvelously the excitement of the search for new ideas.From the Back Cover:
Capital Ideas traces the origins of modern Wall Street, from the pioneering work of early scholars and the development of new theories in risk, valuation, and investment returns, to the actual implementation of these theories in the real world of investment management. Starting with the French mathema–tician Louis Bachelier who wrote about the unpredictability of stock prices in the early 1900s Bernstein brings to life a variety of brilliant academics who have contributed to modern investment theory over the years:
Filled with in–depth insights and timeless advice, Capital Ideas reveals how the unique contributions of these talented individuals profoundly changed the practice of investment management as we know it today.
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Book Description Free Press, 1993. Trade paperback. Book Condition: New. Revised ed.. Trade paperback (US). Glued binding. 352 p. Audience: General/trade. Bookseller Inventory # Alibris_0005236
Book Description Free Press, 1993. Paperback. Book Condition: New. book. Bookseller Inventory # 0029030129
Book Description Free Press, 1993. Paperback. Book Condition: New. Bookseller Inventory # DADAX0029030129
Book Description Book Condition: Brand New. Book Condition: Brand New. Bookseller Inventory # 97800290301271.0
Book Description Free Press, 1993. Paperback. Book Condition: New. Bookseller Inventory # P110029030129