ESCP Europe

"William Sharpe's influential Portfolio Theory and Capital Management is as relevant today as when it was first published in 1970. McGraw-Hill is proud to reintroduce tiffs hard-to-Find classic in its original edition. Dr. Sharpe's groundbreaking approach to the Capital Asset Pricing Model (CAPM) laid tile foundation for today's most important investment tools and theories, gave the investment world the stillvital Sharpe Ratio -- and made him the co-recipient of the 1990 Nobel Prize in Economics!" - from publisher.

Foreword --- An overview --- 1. Certainty --- 2. Portfolios --- 3. Securities --- Appendix A. Essential ingredients --- 4. Efficient portfolios --- Appendix B. Solving a basic problem --- Appendix C. Solving a standard problem --- 5. Agreement --- 6. Disagreement --- Appendix D: Security prices --- 7. Index models --- Appendix E. Portfolio analysis with simplified models --- 8. The record --- 9. Utility --- 10. State-preference theory --- Last thoughts..