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Modern Portfolio Theory and Investment Analysis: World Student Edition

By: Edwin J. Elton Martin J. Gruber Stephen J. Brown William N. Goetzmann
Binding: Hardcover
Publisher: John Wiley & Sons
ISBN: 0471238546
ISBN-13: 9780471238546
Released: 11 Sep 2002
RRP: £37.95
Average Rating:


Customer Reviews

Modern Portfolio Theory and Investment Analysis - By: , 19 Feb 2003
This is a good book for someone wanting to get a good understanding of the technical aspects of the portfolio theory. It tends to explain the concepts clearly rather than just put in the techinal formulas & is reallly good for someone wanting to understand the techinal side of the investment theory without wanting to be bogged down with calculas.
A good all-round review - By: , 02 Aug 2002
Unlike the other review, I found this book very useful although some of the subtleties in what it was explaining only reallly came out when I worked through the methodology by hand in paralllel with the book. However having done that I felt much better informed. In terms of describing the construction of efficient portfolios, it is the best treatment I have seen.
for advanced learners only - By: , 09 Mar 1999
After a careful readthrough of this book, I have come to the conclusion that it is not very educational. The lack of examples in the book are crusial to the understanding of the important theory, especiallly within certain areas.

As a overalll comment it is not very well written. The language used is cryptic & not very direct & forward. This would otherwise be features that would be preferable for a book in this caliber, to present something very essetial to finance theory.