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.

"About this title" may belong to another edition of this title.

Store Description

Internet business with occasional book fairs. Some 25,000 books on line. We are interested in purchasing large collections of science, literature and history. We have 25 years experience in the book and antique trade. Every effort is made to describe books accurately. We have a no quibbles guarantee. We are situated in Wigtown, Scotland's National Book Town, in Dumfries and Galloway which is an area of scenic beauty and tranquil countryside.

Visit Seller's Storefront

Association Member

Members of these associations are committed to maintaining the highest standards. They vouch for the authenticity of all items offered for sale. They provide expert and detailed descriptions, disclose all significant defects and/or restorations, provide clear and accurate pricing, and operate with fairness and honesty during the purchase experience.

Seller's business information

Webbooks, Wigtown
25, bladnoch, wigtown, newton stewart, DG8 9AB, United Kingdom

Sale & Shipping Terms

Terms of Sale

VISA MASTERCARD SWITCH CHEQUES IN POUNDS STERLING PAY PAL
We have a no quibbles guarantee.
Company no 04266329

Shipping Terms

Shipping costs are based on books weighing 2.2 LB, or 1 KG, when packed for shipping. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.

Shipping rates from United Kingdom to U.S.A.

Shipping rates from United Kingdom to U.S.A.
Order quantity	14 to 45 business days	5 to 10 business days
First item	US$ 39.46	US$ 39.46

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.