Essays in Positive Investment management / Pascal Blanqué

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Essays in Positive Investment management / Pascal Blanqué

Book

BLANQUE, Pascal. Author

Published by economica - 2019 , 3rd ed.

Library: Paris Champerret

Source : Syracuse

Item type: Book
Language: English

Publication year: 2019
Edition no.: 3rd ed.

ISBN: 978-2-7178-7076-3

The author made a powerful claim for positive investment in order to avoid fanciful illusions. He argued that the investment world contains many elements of a fairy tale and showed that a mere confrontation with reality leaves its mark on the impressive procession of theoretical, sacred crows, of established beliefs and truths. The book contains, in particular, a discussion of the notion of liquidity as the missing element of the modern portofolio theory; together with the changes in macro-financial regime as a key determining factor for investment strategies. @back cover

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