Portfolio selection : efficient diversification of investments / Harry M. Markowitz.

Format:

Book

Author/Creator:

Markowitz, Harry M., 1927-2023.

Series:

Monograph (Yale University. Cowles Foundation for Research in Economics) ; 16.

Cowles foundation for research in economics. Monograph ; 16

Language:

English

Subjects (All):

Finance--United States--History.

Finance.

Investment analysis.

Investments.

Portfolio management.

Stocks.

Physical Description:

1 online resource (368 p.) : illustrations.

Edition:

1st ed.

Place of Publication:

New Haven ; London : Yale University Press, 1959.

Language Note:

English

Summary:

Applies modern techniques of analysis and computation to the problem of finding combinations of securities that best meet the needs of the private institutional investor. Written primarily with the nonmathematician in mind, although it contains mathematical development of the subject in appendixes.

Contents:

Front matter

Contents

Preface to the Second Printing

Preface

1. Introduction

2. Illustrative Portfolio Analyses

3. Averages and Expected Values

4. Standard Deviations and Variances

5. Investment in Large Numbers of Securities

6. Return in The Long Run

7. Geometric Analysis of Efficient Sets

8. Derivation of E, V Efficient Portfolios

9. The Semi-Variance

10. The Expected Utility Maxim

11. Utility Analysis Over Time

12. Probability Beliefs

13. Applications to Portfolio Selection

Bibliography

A. The Computation of Efficient Sets

B. A Simplex Method for Portfolio Selection

C. Alternative Axiom Systems for Expected Utility

Index

Cowles Foundation Monographs

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (ebrary, viewed October 12, 2013).

ISBN:

9780300191677

0300191677

OCLC:

1024018929