Investment : a history / Norton Reamer, Jesse Downing.

Format:

Book

Author/Creator:

Reamer, Norton, author.

Downing, Jesse, author.

Series:

Columbia Business School Publishing

Language:

English

Subjects (All):

Investments--History.

Investments.

Physical Description:

1 online resource (449 p.)

Place of Publication:

New York ; Chichester, [England] : Columbia Business School Publishing, 2016.

Language Note:

English

Summary:

Investing-the commitment of resources to achieve a return-affects individuals, families, companies, and nations, and has done so throughout history. Yet until the sixteenth century, investing was a privilege of only the elite classes. The story behind the democratization of investing is bound up with some of history's most epic events. It is also a tale rich with lessons for professional and everyday investors who hope to make wiser choices.This entertaining history doubles as a sophisticated account of the opportunities and challenges facing the modern investor. It follows the rise of funded retirement; the evolution of investment vehicles and techniques; investment misdeeds and regulatory reform; government economic policy; the development of investment theory; and the emergence of new investment structures. Norton Reamer and Jesse Downing map these trends and profile the battle between low cost index and exchange-traded funds, on the one hand, and the higher-fee hedge funds and private equity, on the other. By helping us understand this history and its legacy of risk, Reamer and Downing hope to better educate readers about the individual and societal impact of investing and ultimately level the playing field.

Contents:

Frontmatter

Contents

Acknowledgments

Introduction

Chapter One. A Privilege of the Power Elite

Chapter Two. The Democratization of Investment

Chapter Three. Retirement and Its Funding

Chapter Four. New Clients and New Investments

Chapter Five. Fraud, Market Manipulation, and Insider Trading

Chapter six. Progress in Managing Cyclical Crises

Chapter Seven. The Emergence of Investment Theory

Chapter Eight. More New Investment Forms

Chapter Nine. Innovation Creates a New Elite

Conclusion

Notes

Bibliography

Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9780231540858

023154085X

OCLC:

935931565