{"product_id":"modern-portfolio-theory-website-foundations-analysis-and-new-developments-9781118370520","title":"Modern Portfolio Theory, + Website: Foundations, Analysis, and New Developments","description":"\u003cp\u003e • Author(s): Jack Clark Francis\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley\u003cbr\u003e • Subject: Business Management\u003cbr\u003e • BISAC: Investments \u0026amp; Securities - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Inside Flap\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eModern portfolio theory (MPT), which was introduced by Harry Markowitz's seminal paper \"Portfolio Selection\" over sixty years ago, has stood the test of time. Both his original theory and extensions made to the model by Professors James Tobin and Bill Sharpe have won Nobel Prizes. Today, MPT has grown to impact portfolio managers, financial service organizations, individual investors, and the finance and economics classrooms of universities around the world.\u003c\/p\u003e \u003cp\u003eBuilding on three previous editions of the book \u003ci\u003ePortfolio Analysis, \u003c\/i\u003e of which coauthor Jack Clark Francis was an integral part, \u003ci\u003eModern Portfolio Theory\u003c\/i\u003e skillfully provides a concise review of portfolio theory and offers new insights. It can help busy finance professionals stay current on the theoretical developments in their field and allow students to gain a solid foundation in what MPT encompasses.\u003c\/p\u003e \u003cp\u003eDivided into six comprehensive parts, this reliable resource addresses various aspects of portfolio analysis by tracing the contributions made by different people in the decades since MPT was created. Along the way, it also explores new developments that may make MPT more valuable than ever. Topics that are discussed in detail include: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eProbability foundations\u003c\/li\u003e \u003cli\u003eUtility analysis\u003c\/li\u003e \u003cli\u003eMean-variance portfolio analysis\u003c\/li\u003e \u003cli\u003eNon-mean-variance portfolio analysis\u003c\/li\u003e \u003cli\u003eAsset pricing models\u003c\/li\u003e \u003cli\u003eImplementation of portfolio theory\u003c\/li\u003e \u003cli\u003ePortfolio performance evaluations\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAnd while this book uses mathematical and statistical explanations in its coverage of models and other subjects, the material is presented in way that is understandable to a wide range of readers--from finance veterans to those just entering the field--and supplemented with graphs.\u003c\/p\u003e \u003cp\u003eThe coauthors have also created several Excel spreadsheets that compute Markowitz efficient frontiers under various assumptions and circumstances. This user-friendly software is available online and can be easily downloaded. In addition, resources for professors can be found on Wiley's Global Education website.\u003c\/p\u003e \u003cp\u003eEngaging and accessible, \u003ci\u003eModern Portfolio Theory\u003c\/i\u003e contains essential insights on this discipline and offers a comprehensive look at its foundations, evolution, and implementation in today's dynamic world of finance.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":45115702345879,"sku":"9781118370520","price":7013.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781118370520.webp?v=1767270969","url":"https:\/\/atlanticbooks.com\/products\/modern-portfolio-theory-website-foundations-analysis-and-new-developments-9781118370520","provider":"Atlantic Books","version":"1.0","type":"link"}