Essays in Positive Investment Management

Essays in Positive Investment Management
Pascal Blanqué
Paris, Economica Editions, 2017
ISBN: 9782717868463
517 páginas
Precio: 98,54 €

Sinopsis: After the warm reception of Essays in Positive Investment Management, the author has published a second, expanded edition. It contains, in particular, discussion of the notion of liquidity as the missing element in modern portfolio theory, together with changes in macro-financial regime as key factors for investment strategies. Savings glut, QE glut, and secular stagnation are lasting features that bring fresh challenges. Few people have better insight into investment management than Pascal Blanque. In this important and timely book, Blanque takes a powerful claim for positive investment to avoid fanciful illusions. Blanque argues that the investment world contains many fairytale elements, and shows that confrontation with reality leaves its mark on the theoretical sacred cows of established beliefs and truths. These essays include an objective assessment of the discipline’s sacred cows; the effective dynamic of the financial markets concerning value, liquidity, and momentum; anticipation of the return on financial assets; and the reality of long-term investment. Blanqu?emonstrates the importance of better understanding the psychological referential of the subject and of those individuals who interact within this universe of anticipation and imagination.

Recomendados

Una economía libre sin crisis y sin paro

Una economía libre sin crisis y sin paro Germán Bernácer Universidad de Alicante, Alicante, 2016. ISBN: 9788497174084 404 páginas Precio: 23 euros

La Hacienda pública en el franquismo. La guerra y la autarquía (1936-1959)

Francisco Comín Comín y Miguel Martorell Linares La Hacienda pública en el franquismo. La guerra y la autarquía (1936-1959) Madrid, Instituto de Estudios Fiscales, 2013 ISBN: 978-84-8008-363-8 Páginas: 685 Precio:

Constructing a Fiscal-Military State in Eighteenth-Century Spain

Rafael Torres Sánchez Hampshire, Palgrave Macmillan, UK, 2015 ISBN: 978-1-137-47865-8 Páginas: 280 Precio: £75.00

Legislating instability. Adam Smith, free banking, and the financial crisis of 1772

Legislating instability. Adam Smith, free banking, and the financial crisis of 1772 Tyler Beck Goodspeed Harvard University Press, 2016 ISBN: 9780674088887 207 páginas Precio: 43, 67 €

Historia económica española y mundial

Historia económica española y mundial Esther Pascua Echegaray Madrid, Centro de Estudios Financieros (CEF), 2016 ISBN: 9788445432013 301 páginas Precio: 35.01 €

La pobreza de Clio. Crisis y renovación en el estudio de la historia

Francesco Boldizzoni La pobreza de Clio. Crisis y renovación en el estudio de la historia Barcelona, Crítica 2013 ISBN: 978-84-9892-527-2 Páginas: 352 Precio: 26,90 €