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CFA 2023 Level 1 #5
Fixed Income, Derivatives, Alternative Investments, and Portfolio Management
- GenresFinance
673 pages, ebook
Published January 1, 2022
1 person is currently reading
9 people want to read
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January 6, 2023
Fascinating to have a deep dive of the MECE explanation of portfolio theory and the theoretically seemingly airtight derivation of an optimal investor portfolio and market portfolio, based on intersections of the individual investor preference and capital allocations with a risk-free asset. Theoretically elegant. Reconciles financial economics together with portfolio theory, from the lens of a portfolio manager
I've always been an alts nerd so that side of the discussion was fun too. And of course, bond math is always fun cuz the yield curve is such an important barometer for the economy and credit is such an important asset class that is seen as a substitute for traditional buyout strategies in the light of oversaturation in buyouts
I've always been an alts nerd so that side of the discussion was fun too. And of course, bond math is always fun cuz the yield curve is such an important barometer for the economy and credit is such an important asset class that is seen as a substitute for traditional buyout strategies in the light of oversaturation in buyouts
Displaying 1 of 1 review