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The Portable MBA in Investment
The Portable MBA in Investment
Edited by Peter L. Bernstein
a state-of-the-art program in investment principles andapplications from top-flight professionals
"Peter Bernstein and his Dream Team tackle the entire investmentspectrum--from soup to nuts--and emerge triumphant. Must readingfor all investors--even those who already have their MBAs." --JackR. Meyer, President and CEO Harvard Management Company, Inc.
"This book provides a treasure chest for the serious student ofinvestment." --William Reichenstein, Power Chair in InvestmentManagement Baylor University
"This is an indispensable resource for anyone who is serious aboutinvesting. The lucid and insightful contributions by highlyrespected experts successfully blend theory with practice."--Claude Erb, Managing Editor First Chicago Investment ManagementCompany
"Peter Bernstein has uniquely facilitated a revolution ininvestment thinking and practice over the last several decades.Students of investing everywhere are fortunate to have such auseful guide to some of the best practices in use today by theprofessional investment industry." --Patricia C. Dunn, ManagingDirector and CEO Defined Benefit Group
"This book is an excellent addition to the investment bookshelf.It's long on substance, as readers of Peter Bernstein have come toexpect of his work." --Charles Froland, Managing Director StanfordInvestment Management Company
Once upon a time, Wall Street lived off nice little homilies like"buy low and sell high" and "don't put all your eggs in onebasket." But investors can no longer depend on such well-wornproverbs.
Today, the winners on Wall Street employ a body of theory thattransforms logic, psychology, and statistical sophistication into apowerful package of systematic principles for successful investing.This body of theory is the investor's survival kit in a financialworld flooded with information, novel strategies, and dazzlingfinancial instruments.
The Portable MBA in Investment is a comprehensive guide toinvesting in today's world of finance, with emphasis on convertingtheoretical concepts into profitable applications. Edited by PeterL. Bernstein, one of the most knowledgeable and respected names infinance, The Portable MBA in Investment is ideal for seriousinvestors, people with fiduciary responsibilities, businessmanagers, professionals, and students pursuing investmentcareers.
The book brings together an all-star team of experienced investmentprofessionals and leading academics. Their lucid and authoritativecontributions explain the state-of-the-art approach to everythingfrom setting objectives and choosing strategies to assetallocation, valuation, risk management, tax considerations, andperformance measurement.
In his introduction, Peter Bernstein states, "The essence ofinvestment theory is that being smart is not a sufficient conditionfor being rich. This book is about the missing ingredients." ThePortable MBA in Investment enables you to experience top-levelinstruction on investment principles at your own pace--without thetime and expense of an MBA program.
OTHER SERIES
The New Portable MBA
The Portable MBA in Marketing
The Portable MBA in Finance and Accounting
The Portable MBA in Management
The Portable MBA Desk Reference
The Portable MBA in Entrepreneurship
Edited by Peter L. Bernstein
a state-of-the-art program in investment principles andapplications from top-flight professionals
"Peter Bernstein and his Dream Team tackle the entire investmentspectrum--from soup to nuts--and emerge triumphant. Must readingfor all investors--even those who already have their MBAs." --JackR. Meyer, President and CEO Harvard Management Company, Inc.
"This book provides a treasure chest for the serious student ofinvestment." --William Reichenstein, Power Chair in InvestmentManagement Baylor University
"This is an indispensable resource for anyone who is serious aboutinvesting. The lucid and insightful contributions by highlyrespected experts successfully blend theory with practice."--Claude Erb, Managing Editor First Chicago Investment ManagementCompany
"Peter Bernstein has uniquely facilitated a revolution ininvestment thinking and practice over the last several decades.Students of investing everywhere are fortunate to have such auseful guide to some of the best practices in use today by theprofessional investment industry." --Patricia C. Dunn, ManagingDirector and CEO Defined Benefit Group
"This book is an excellent addition to the investment bookshelf.It's long on substance, as readers of Peter Bernstein have come toexpect of his work." --Charles Froland, Managing Director StanfordInvestment Management Company
Once upon a time, Wall Street lived off nice little homilies like"buy low and sell high" and "don't put all your eggs in onebasket." But investors can no longer depend on such well-wornproverbs.
Today, the winners on Wall Street employ a body of theory thattransforms logic, psychology, and statistical sophistication into apowerful package of systematic principles for successful investing.This body of theory is the investor's survival kit in a financialworld flooded with information, novel strategies, and dazzlingfinancial instruments.
The Portable MBA in Investment is a comprehensive guide toinvesting in today's world of finance, with emphasis on convertingtheoretical concepts into profitable applications. Edited by PeterL. Bernstein, one of the most knowledgeable and respected names infinance, The Portable MBA in Investment is ideal for seriousinvestors, people with fiduciary responsibilities, businessmanagers, professionals, and students pursuing investmentcareers.
The book brings together an all-star team of experienced investmentprofessionals and leading academics. Their lucid and authoritativecontributions explain the state-of-the-art approach to everythingfrom setting objectives and choosing strategies to assetallocation, valuation, risk management, tax considerations, andperformance measurement.
In his introduction, Peter Bernstein states, "The essence ofinvestment theory is that being smart is not a sufficient conditionfor being rich. This book is about the missing ingredients." ThePortable MBA in Investment enables you to experience top-levelinstruction on investment principles at your own pace--without thetime and expense of an MBA program.
OTHER SERIES
The New Portable MBA
The Portable MBA in Marketing
The Portable MBA in Finance and Accounting
The Portable MBA in Management
The Portable MBA Desk Reference
The Portable MBA in Entrepreneurship
448 pages, Paperback
First published January 1, 1995
1 person is currently reading
69 people want to read
About the author
Peter L. Bernstein
48 books268 followersFounder and President of Peter L. Bernstein, Inc., which he established in 1973 as economic consultants to institutional investors and corporations around the world.
In 1951, after teaching economics at Williams College and a five-year stint in commercial banking, Peter became Chief Executive of a nationally–known investment counsel firm, where he personally managed billions of dollars of individual and institutional portfolios. The assets under management at the firm had grown more than tenfold by the time he resigned in 1973 to launch Peter L. Bernstein, Inc.
Peter was the first Editor of The Journal of Portfolio Management in 1974, a widely-read scholarly journal for investment managers and academics in the field of finance and investments. He is now Consulting Editor of the Journal.
He served for many years on the Visiting Committee to the Economics Department at Harvard University, as a Trustee and member of the Finance Committee of the College Retirement Equities Fund (CREF), and as a Trustee of the Investment Management Workshop sponsored by the Association for Investment Management & Research’(AIMR).
He is the author of nine books in economics and finance plus countless articles in professional journals such as The Harvard Business Review and the Financial Analysts Journal, and in the popular press, including The New York Times, The Wall Street Journal, Worth Magazine, and Bloomberg publications. He has contributed to collections of articles published by Perseus and FT Mastering, among others
He lectures widely throughout the United States and abroad on risk management, asset allocation, portfolio strategy, and market history.
Peter graduated from Harvard College with a degree in economics, magna cum laude. He was also elected to Phi Beta Kappa.
After serving as a member of the research staff at the Federal Reserve Bank of New York and in a civilian capacity at the Office of Strategic Services in Washington, he joined the armed services and rose to the rank of captain in the Air Force in World War II, assigned to the Office of Strategic Services in the European theater.
He taught economics for many years as an adjunct professor on the Graduate Faculty of the New School for Social Research in New York.
Peter has received three major awards from the Association for Investment Management & Research (AIMR), the key organization for investment managers and analysts:
The Award for Professional Excellence, AIMR's highest award,
The Graham & Dodd Award, given annually for the outstanding article in the Financial Analysts Journal for the previous year, and
The James R. Vertin Award, recognizing individuals who have produced a body of research notable for its relevance and enduring value to investment professionals.
In 1951, after teaching economics at Williams College and a five-year stint in commercial banking, Peter became Chief Executive of a nationally–known investment counsel firm, where he personally managed billions of dollars of individual and institutional portfolios. The assets under management at the firm had grown more than tenfold by the time he resigned in 1973 to launch Peter L. Bernstein, Inc.
Peter was the first Editor of The Journal of Portfolio Management in 1974, a widely-read scholarly journal for investment managers and academics in the field of finance and investments. He is now Consulting Editor of the Journal.
He served for many years on the Visiting Committee to the Economics Department at Harvard University, as a Trustee and member of the Finance Committee of the College Retirement Equities Fund (CREF), and as a Trustee of the Investment Management Workshop sponsored by the Association for Investment Management & Research’(AIMR).
He is the author of nine books in economics and finance plus countless articles in professional journals such as The Harvard Business Review and the Financial Analysts Journal, and in the popular press, including The New York Times, The Wall Street Journal, Worth Magazine, and Bloomberg publications. He has contributed to collections of articles published by Perseus and FT Mastering, among others
He lectures widely throughout the United States and abroad on risk management, asset allocation, portfolio strategy, and market history.
Peter graduated from Harvard College with a degree in economics, magna cum laude. He was also elected to Phi Beta Kappa.
After serving as a member of the research staff at the Federal Reserve Bank of New York and in a civilian capacity at the Office of Strategic Services in Washington, he joined the armed services and rose to the rank of captain in the Air Force in World War II, assigned to the Office of Strategic Services in the European theater.
He taught economics for many years as an adjunct professor on the Graduate Faculty of the New School for Social Research in New York.
Peter has received three major awards from the Association for Investment Management & Research (AIMR), the key organization for investment managers and analysts:
The Award for Professional Excellence, AIMR's highest award,
The Graham & Dodd Award, given annually for the outstanding article in the Financial Analysts Journal for the previous year, and
The James R. Vertin Award, recognizing individuals who have produced a body of research notable for its relevance and enduring value to investment professionals.
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Displaying 1 - 2 of 2 reviews
August 12, 2009
An excellent book for the serious investor. One will likely need to read between the differential equations, but this series of essays are well worth the effort. Just recently, I went back to this book for information on developing a customized benchmark. I use it as a reference.
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June 27, 2024acaca
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