The new money management: a framework for asset allocation
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York u.a.
Wiley
1995
|
| Schriftenreihe: | Wiley finance editions
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XVII, 205 S. graph. Darst. |
| ISBN: | 0471043079 |
Internformat
MARC
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Datensatz im Suchindex
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|---|---|
| adam_text | Contents
Preface xv
Introduction 3
Get Out and Stay Out 3
Ignorance Is the Problem 5
Structure and Format 6
Chapter 1 A New Framework 9
Why This New Framework Is Better 10
Conceptual Overview of the New Framework 14
Multiple Simultaneous Plays 18
A Comparison to the Old Frameworks 20
Towards a New Type of Analysis 23
Statistical Independence 24
The History of/ 25
The Estimated Geometric Mean (or How the Dispersion
of Outcomes Affects Geometric Growth) 32
The Fundamental Equation of Trading 35
Why Is/Optimal? 36
They Don t Like It 39
Introduction to Portfolios with Optimal/ 40
xi
xii Contents
Fallacious Notions Regarding Both Drawdowns
and Diversification 42
The Next Step 44
Scenario Planning 46
Scenario Spectrums 57
Addendum One: Deficit Reduction Through Increased
Gross Domestic Product Variance 59
Addendum Two: The Misleading Nature of Accrual
of Management Fees and Time Weightings 61
References 65
Chapter 2 Laws of Growth, Utility, and Finite Streams 67
Human Population Growth 69
Maximizing Expected Average Compound Growth 72
Utility Theory 81
The Expected Utility Theorem 82
Characteristics of Utility Preference Functions 82
Alternate Arguments to Classical Utility Theory 85
Finding Your Utility Preference Curve 86
Utility and the New Framework 91
Reference 94
Chapter 3 Conditional Probabilities Involving Correlation 95
Number of Occurrences (Frequencies) and Probabilities ... 97
A Theory of Conditional Probability 116
Joint Probabilities Between Two Continuous
Distributions 123
Estimating Joint Probabilities 123
References 127
Chapter 4 A New Model 129
Mathematical Optimization 129
The Objective Function 131
Mathematical Optimization vs. Root Finding 138
Optimization Techniques 139
Survival of the Fittest 143
The Genetic Algorithm 144
Important Notes 149
Reference 150
Contents xiii
Chapter 5 Money Management for Money Managers 151
Implementing the New Model 152
Active and Inactive Equity 153
Reallocation 164
Portfolio Insurance and Optimal/ 167
Upside Limit on Active Equity and the Margin
Constraint 172
Stock Trading 175
/Shift and Constructing a Robust Portfolio 175
Tailoring a Trading Program Through Reallocation 176
Gradient Trading and Continuous Dominance 178
Important Points to the Left of the Peak in the n + 1
Dimensional Landscape 185
Drawdown Management and the New Framework 193
A New Role for the Investment Analyst 198
Reference 199
Bibliography and Sources 201
Index 203
|
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| id | DE-604.BV010231321 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T17:48:55Z |
| institution | BVB |
| isbn | 0471043079 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-006800989 |
| oclc_num | 30972836 |
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| owner_facet | DE-92 DE-473 DE-BY-UBG DE-11 |
| physical | XVII, 205 S. graph. Darst. |
| publishDate | 1995 |
| publishDateSearch | 1995 |
| publishDateSort | 1995 |
| publisher | Wiley |
| record_format | marc |
| series2 | Wiley finance editions |
| spelling | Vince, Ralph 1958- Verfasser (DE-588)120546272 aut The new money management a framework for asset allocation Ralph Vince New York u.a. Wiley 1995 XVII, 205 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Wiley finance editions Portfolio-analyse gtt Asset allocation Portfolio management Kapitalanlage (DE-588)4073213-7 gnd rswk-swf Portfolio Selection (DE-588)4046834-3 gnd rswk-swf Mathematische Methode (DE-588)4155620-3 gnd rswk-swf Kapitalanlage (DE-588)4073213-7 s Mathematische Methode (DE-588)4155620-3 s DE-604 Portfolio Selection (DE-588)4046834-3 s HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006800989&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Vince, Ralph 1958- The new money management a framework for asset allocation Portfolio-analyse gtt Asset allocation Portfolio management Kapitalanlage (DE-588)4073213-7 gnd Portfolio Selection (DE-588)4046834-3 gnd Mathematische Methode (DE-588)4155620-3 gnd |
| subject_GND | (DE-588)4073213-7 (DE-588)4046834-3 (DE-588)4155620-3 |
| title | The new money management a framework for asset allocation |
| title_auth | The new money management a framework for asset allocation |
| title_exact_search | The new money management a framework for asset allocation |
| title_full | The new money management a framework for asset allocation Ralph Vince |
| title_fullStr | The new money management a framework for asset allocation Ralph Vince |
| title_full_unstemmed | The new money management a framework for asset allocation Ralph Vince |
| title_short | The new money management |
| title_sort | the new money management a framework for asset allocation |
| title_sub | a framework for asset allocation |
| topic | Portfolio-analyse gtt Asset allocation Portfolio management Kapitalanlage (DE-588)4073213-7 gnd Portfolio Selection (DE-588)4046834-3 gnd Mathematische Methode (DE-588)4155620-3 gnd |
| topic_facet | Portfolio-analyse Asset allocation Portfolio management Kapitalanlage Portfolio Selection Mathematische Methode |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006800989&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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