Value Investing
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“A must read for all students of the financial markets . . . clear insight and spirited good humor [backed] up with cold hard facts.” —Seth Klarman, President, The Baupost Group LLC
The seductive elegance of classical finance theory is powerful, yet value investing requires that we reject both the precepts of modern portfolio theory (MPT) and pretty much all of its tools and techniques. In this...
The seductive elegance of classical finance theory is powerful, yet value investing requires that we reject both the precepts of modern portfolio theory (MPT) and pretty much all of its tools and techniques. In this...
Read more
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“A must read for all students of the financial markets . . . clear insight and spirited good humor [backed] up with cold hard facts.” —Seth Klarman, President, The Baupost Group LLC
The seductive elegance of classical finance theory is powerful, yet value investing requires that we reject both the precepts of modern portfolio theory (MPT) and pretty much all of its tools and techniques. In this...
The seductive elegance of classical finance theory is powerful, yet value investing requires that we reject both the precepts of modern portfolio theory (MPT) and pretty much all of its tools and techniques. In this...
Read more
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