Introduction to Risk and Return from Common Stocks

Brealey, Richard A.

ISBN 10: 0262020475 / ISBN 13: 9780262020473

Published by Mit Pr, Cambridge, MA, 1972

About this Item

Jacket spine end chip. Owner name back end paper. Fourth printing. Yellow underlining on a few pages. . Seller Inventory # 019146

Bibliographic Details

Title: Introduction to Risk and Return from Common ...

Publisher: Mit Pr, Cambridge, MA

Publication Date: 1972

Binding: Hardcover

Condition: Very Good

Dust Jacket Condition: Good

About this title

Synopsis:

Richard Brealey presents a brief, nontechnical description of current research on investment management and its implications for the investment manager. He covers market efficiency, valuation, and modern portfolio theory in a book that The New York Times noted "rates high as reading for every professional investor."

Brealey's easy-to-understand approach to modern investment theory will also prove invaluable to students. The book evaluates the use of technical models and fundamental analysis for common stock selection, examining the implications of the random walk hypothesis, publicly available information, and the efficient market theory. It takes up the valuation of common stocks and reasons for fluctuations in earnings and deals with the choice of a common stock portfolio, discussing how stocks move together, the effect of the market on stock prices, passive and active portfolios, risk and return, and measuring investment performance.

Richard A. Brealey is Midland Bank Professor of Corporate Finance and Director of the London Business School's Institute of Finance and Accounting.

About the Author:

Richard Brealey is Emeritus Professor of Finance at London Business School.