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Product Description
Capital Ideas: The Improbable Origins of Modern Wall Street (9780471731740): Peter L. Bernstein: Books. In a thorough, well-written work on the modern financial marketplace, Bernstein traces the merging of academic research with the curbstone techniques of Wall Street. Previously considered impractical pursuits, the concepts developed in ivory towers by various scholars and economists forced the marketplace to rethink its methods in light of events of this century. From early attempts at predicting market behavior and developing the concept of risk and portfolio management theories, these thinkers contributed a theoretical basis to capital markets, bridging the gap in understanding between insiders and outsiders. The text presupposes a knowledge of market and economic theory, but a well-informed reader will find this an interesting summary of the development of modern finance.- Kenneth J. Cook, Melbourne, Fla.Copyright 1991 Reed Business Information, Inc.
Shipping Weight: 2 pounds
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