Theory and Portfolios: An economic history of MPT, APT, and the CAPM from 1952 to 1986. - Paperback

by Nicholas Jewczyn (Author)

This book is dedicated to the people who ask, "Why not?" as opposed to those who have made a career from asking simply, "Why?" No particular text should ever really be considered a "be all" or "end all" with regard to any topic or field of endeavor. The primary impetus behind this text was the novel idea that a text could, or perhaps even should, go beyond the basic Philosophy or Logic course delimiters of "Why" and "Because." Maybe, we could "Push-the-Envelope" or engage in "Out-of-the-Box" thinking to ask, "Why not?" This style of thinking has fostered a tremendous amount of growth over the years for my college students (in several dozens of courses) and, using backward induction, may be a more constructive way of solving all sorts of problems. Try it and see if it works for you. If you are looking for a repository reference that ties together the theory, current research, and application aspects of MPT, APT, and the CAPM in one place - this book is for you.