The Leverage Space Trading Model: Reconciling Portfolio Management Strategies and Economic Theory: 425 (Wiley Trading) - Image 1

£34.68

Wiley The Leverage Space Trading Model: Reconciling Portfolio Management Strategies and Economic Theory: 425 (Wiley Trading)

Name: The Leverage Space Trading Model: Reconciling Portfolio Management Strategies and Economic Theory: 425 (Wiley Trading)
Brand: Wiley
Price: 34.68 GBP
Availability: InStock

Investments & Securities

This is the usual price. Wait for it to drop, or tell us your number.

£35 today · usual range £0–£0 · best ever £31

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 612 days • 612 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 612 days • 5 price levels

Days at Price

Current Price

Price Analysis

Most common price: £35 (444 days, 72.5%)

Price range: £31 - £38

Price levels: 5 different prices over 612 days

Description

The cornerstone of money management and portfolio optimization techniques has remained the same throughout history: maximize gains and minimize risk. Yet, asserts Ralph Vince, the widely accepted approaches of combining assets into a portfolio and determining their relative quantities are wrongand will cost you. They illuminate nothing, he says, aside from providing the illusion of safety through diversification. Although numerous Nobel Prizes have been awarded based on some of those widely accepted principles, their popular acceptance does not constitute real-world validation. What has been needed is a viable alternative to directly address these real-world dictates. In The Leverage Space Trading Model, Vince offers a groundbreaking contribution to the literature that builds on a lifetime of expert analysis to deliver not only a superior new portfolio model, but takes the entire discipline of portfolio management to a new level. In this book, Vincewho has made many important intellectual contributions to the field for over two decadesdeparts radically from informed orthodoxy to present an entirely new approach to portfolio management. At its core, The Leverage Space Trading Model basically tells how resources should be combined to maximize safety and profitability given the dictates of the real world. But, as the author points out, given the complex and seemingly pathological character of human desires, we are presented with a fascinating puzzle. Research has found that human beings do not primarily want to maximize gainsour psychological makeup is such that we instead tend to possess seemingly more complex desires. If the models don't work, if we are ultimately unable to satisfy our more complex desires, what's the alternative? As Vince shows, the answer is to utilize the Leverage Space Model as a "framework" to achieve the specific ends a trader or portfolio manager seeks. The author's new allocation paradigm avoids the troubles that come with mean variance modelswhich most models areand quantifies drawdowns to achieve a growth-optimal portfolio within a given drawdown constraint, in a manner that satisfies these seemingly pathological human desires. And for those who don't wish to get involved with the mathematics, Vince has presented the text in a manner of two congruent, simultaneous channels, with math and without. Most simply put, this book will change how you think about money management and portfolio allocations.

Key Features

New

Mint Condition

Dispatch same day for order received before 12 noon

Guaranteed packaging

No quibbles returns

Product Specifications

Brand: Wiley
Format: Hardcover
ASIN: 0470455950
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Investments & Securities
Domain: Amazon UK
Release Date: 05 June 2009
Listed Since: 01 October 2008

Barcode

No barcode data available

Wiley The Leverage Space Trading Model: Reconciling Portfolio Management Strategies and Economic Theory: 425 (Wiley Trading)

This is the usual price. Wait for it to drop, or tell us your number.

Price History & Forecast

Price Distribution

Price Analysis

Description

Key Features

Product Specifications

Barcode

Similar Products You Might Like

The Handbook of Portfolio Mathematics: Formulas for Optimal Allocation & Leverage: 257 (Wiley Trading)

The New Science of Asset Allocation: Risk Management in a Multi-Asset World: 551 (Wiley Finance)

Lectures On The Theory And Application Of Modern Finance With R And Chatgpt: 10 (World Scientific Lecture Notes in Finance)

Investment Analysis: An Introduction to Portfolio Theory and Management

Fuzzy Portfolio Optimization: Advances in Hybrid Multi-criteria Methodologies: 316 (Studies in Fuzziness and Soft Computing, 316)

Portfolio Management: Theory and Practice

Revise CFA Level III Volume 1 to 5 & Portfolio Management Pathway: Short Study Notes 2025

Asset allocation in investment funds: Complementing the post modern portfolio theory

Advances in Active Portfolio Management: New Developments in Quantitative Investing (BUSINESS BOOKS)

Investment Philosophies: Successful Strategies and the Investors Who Made Them Work (Wiley Finance)

Successful Investing Is a Process: Structuring Efficient Portfolios for Outperformance (Financial)

Quantitative Portfolio Optimization: Advanced Techniques and Applications (Wiley Finance)

Portfolio Management in Practice, Volume 2: Asset Allocation (CFA Institute Investment Series)

Market Tremors: Quantifying Structural Risks in Modern Financial Markets

The Investment Portfolio User′s Manual

Portfolio Optimization: Theory and Application

The Art of Asset Allocation: Principles and Investment Strategies for Any Market, Second Edition: Principles and Investment Strategies for Any Market, ... Edition (PROFESSIONAL FINANCE & INVESTM)

Asset Allocation with Private Equity (Foundations and Trends® in Finance)

Online Portfolio Selection: Principles and Algorithms

Asset Management: Equities Demystified: 2 (Society of Investment Professions)

Quantitative Portfolio Optimisation, Asset Allocation and Risk Management: A Practical Guide to Implementing Quantitative Investment Theory (Finance and Capital Markets Series)

Multi Pack: Options, Futures and Other Derivatives (International Edition) and Modern Investment Theory (International Edition) and Performing ... Cookbook with the Psychology of Investing

Multi-Asset Investing: A Practitioner's Framework

The Complete Guide to Portfolio Performance: Appraise, Analyze, Act