Portfolio Theory and Investment Analysis
This is a free book by BookBoon.
This book evaluates the origins of Modern Portfolio Theory (MPT) as a guide for further study. Based on the pioneering work of Harry Markowitz and John Tobin we learn how anybody with today’s software and a reasonable financial education can model risky investment portfolios. But one lesson from the 2007 banking and 2010 euro crises is that computer driven models can be so complex that investors...