"A completely updated edition of the guide to modern bond analysis First published in 1972, Inside the Yield Book revolutionized the fixed–income industry and forever altered the way investors looked at bonds. Over forty years later, it remains a standard primer and reference among market professionals. Generations of practitioners, investors, and students have relied on its lucid explanations, and readers needing to delve more deeply h ..."
"Active 130/30 Extensions is the newest wave of disciplined investment strategies that involves asymmetric decision-making on long/short portfolio decisions, concentrated investment risk-taking in contrast to diversification, systematic portfolio risk management, and flexibility in portfolio design. This strategy is the building block for a number of 130/30 and 120/20 investment strategies offered to institutional and sophisticated high ..."
"A cutting-edge look at the endowment model of investing Many larger endowments and foundations have adopted a broadly diversified asset allocation strategy with only a small amount of traditional U.S. equities and bonds. This technique, known as the "endowment model of investing," has demonstrated consistent long-term performance and attracted the attention of numerous institutional and individual investors. With The Endow ..."
Franchise Value(1st Edition) A Modern Approach to Security Analysis (Wiley Finance) by MartinL. Leibowitz Hardcover, 512 Pages, Published 2004 by Wiley ISBN-13: 978-0-471-64788-1, ISBN: 0-471-64788-8
"A modern approach to equity valuation Understanding the key ingredients that combine to affect price/earnings (P/Es) is of crucial importance to the investment process. In Franchise Value, Martin Leibowitz tackles the imposing task of determining what really has an impact on P/Es. The author shows why he subscribes to the conventional logic that the P/E gauges the marketa s assessment of the firma s future. He then introduce readers to ..."
"This monograph develops the franchise value approach to analyzing the prospective cash flows that determine a company's price-to-earnings ratio. The franchise factor model retains the simplicity and intuitive appeal of the dividend discount model, but it offers the advantages of flexibility in application and insight into the components of P/E growth."
"This exclusive anthology, Bold Thinking on Investment Management, provides the collective wisdom of the most penetrating minds in the investment industry. Nobel Laureates Harry M. Markowitz and Clive W.J. Granger, and towering figures in finance such as John C. Bogle, Dean LeBaron, Martin L. Leibowitz, and Peter L. Bernstein use their decades of successful market experience to identify turning points in the industry's past, present, ..."
"First published in 1972, Inside the Yield Book revolutionized the fixed–income industry and forever altered the way investors looked at bonds. More than thirty years later, it remains a standard primer and reference among market professionals. Generations of practitioners, investors, and students have relied on its lucid explanations, and readers needing to delve more deeply have found its explication of key mathematical relationships ..."
"This proceedings looks at the tried-and-true valuation and research methodologies from a new perspective and reviews some of the new methodologies from a practical standpoint. At the heart of the discussions is the notion that analysts and investors must use not only their analytical skills but also their creative skills to determine whether a stock is fairly priced."
"A series of studies developed at Salomon Brothers Inc. that is based on the concept of shortfall risk, which is the risk of failing to earn the minimum return that an investment manager regards as critical. The approach has the advantage over conventional risk measures by distinguishing between upward and downward return fluctuations. By treating higher expected returns as a cushion against the full impact of volatility, it can help a f ..."
Sales Driven Franchise Value(1st Edition) (The Research Foundation of AIMR and Blackwell Series in Finance) by MartinL. Leibowitz, Keith C. Brown Paperback, 50 Pages, Published 1991 by Research Foundation Of Aimr & Blackwell Publishers Illustrated ISBN-13: 978-0-943205-39-7, ISBN: 0-943205-39-5
"Of all the day-to-day activities that security analysts and portfolio managers perform, perhaps the most important is valuing the stocks they hold. In this monograph, the author introduces a new valuation approach that switches the focus from price to earnings to price to sales."
"First published in 1972, Inside the Yield Book revolutionized the fixed-income industry and forever altered the way investors looked at bonds. More than thirty years later, it remains a standard primer and reference among market professionals. Generations of practitioners, investors, and students have relied on its lucid explanations, and readers needing to delve more deeply have found its explication of key mathematical relationships t ..."
"In 2001, a small group of academics and practitioners met to discuss the equity risk premium (ERP). Ten years later, in 2011, a similar discussion took place, with participants writing up their thoughts for this volume. The result is a rich set of papers that practitioners may find useful in developing their own approach to the subject."
"Active 130/30 Extensions is the newest wave of disciplined investment strategies that involves asymmetric decision-making on long/short portfolio decisions, concentrated investment risk-taking in contrast to diversification, systematic portfolio risk management, and flexibility in portfolio design. This strategy is the building block for a number of 130/30 and 120/20 investment strategies offered to institutional and sophisticated high ..."
"Points of Inflection: New Directions for Portfolio Management uses Peter Bernstein's four points of inflection for the investment management industry as aspringboard for the authors to lookat the four points with their own critical eyes, thus continuing the debate on the future directions forportfolio management. Proceedings of the AIMR seminar "Points of Inflection: New Directions for Portfolio Management""
"Security analysts, investors, and investment managers have a vital need to understand the financial theories, analytical models, and value-enhancing tools that corporate managers are using. This proceedings uses the fundamental issues of how firms add value and how analysts measure value as a platform from which to explore the variety of theories, models, and tools that have emerged in research and practice. Proceedings of the AIMR s ..."
"Founded by Gifford Fong in 2003, the Journal Of Investment Management (JOIM) is a premier publication that bridges the theory and practice of investment management. The JOIM Conference Series showcases the leading thinkers in finance from both the academic and professional worlds. Their research is presented to an exclusive—and equally prestigious—audience. This book is a selection of the ideas offered at the first two conference ..."
"在线阅读本书In the Second Edition of Fixed Income Analysis, financial expert Frank Fabozzi and a team of knowledgeable contributors provide complete coverage of the most important issues in fixed income analysis. Now, in Fixed Income Analysis Workbook, Second Edition, Fabozzi offers you a wealth of practical information and exercises that will solidify your understanding of the tools and techniques associated with this discipline. This c ..."
"This content is excerpted from The Endowment Model of Investing: Return, Risk,
and Diversification, by Martin L. ... the publisher and author have used their best
efforts in preparing this book, they make no representations or warranties with ..."
"Praise for The Endowment Model of Investing "This is a terrific book–required reading for any CIO responsible for the management of long-term investment portfolios." —Lyn Hutton, Chief Investment Officer, Commonfund "In my judgment—a ..."
Wiley Finance Ser. Franchise Value : A Modern Approach to Security Analysis by MartinL. Leibowitz 480 Pages, Published 2004 by John Wiley & Sons ISBN-13: 978-0-471-68650-7, ISBN: 0-471-68650-6
"... David Shulman, Eric Sorensen, Jack L. Treynor, Antoine Van Agtmael, William
Van Harlow, Mark Warshawsky, Rosalie Wolf, and Yuewu Xu. Without the
professionalism and careful nurturing of my editor, Bill Falloon, this book would
never have come to fruition. And finally, but hardly last, there is no way that the
author can fully or adequately express his thanks to his assistant, Celia
Blancaflor, for her calm persistence and great ..."