Free Ebook Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick
Free Ebook Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick
Have you heard that analysis can promote the mind to work well? Some people truly believe with that said situation. Nonetheless, many individuals likewise include that it's not regarding reading. It has to do with exactly what you could take the message as well as impact of guide that you check out. Well, why can you believe by doing this? However, we are sure that reading by practice as well as wise can make the visitor read it effectively.
Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick
Free Ebook Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick
Be just one of the lucky individuals that obtain the book from a renowned author currently. Please welcome Searching For ALPHA: The Quest For Exceptional Investment Performance, By Ben Warwick Yeah, this is a kind of popular publication to be best seller and upgraded now. When you have manage this kind of subject, you should get it as your resource. This is not only a publication that you need, yet likewise a publication that is so intriguing.
This publication is very proper for guide style that you are seeking currently. Several resources may provide the choice, however Searching For ALPHA: The Quest For Exceptional Investment Performance, By Ben Warwick can be the best method. It is not only one thing that you could delight in. Extra things as well as lessons are provided or you to cover just what you exactly require. Numerous viewers have to check out guides also because of the specific factors. Some might love to review it a lot yet some may require it since the job deadline.
The factors that make you should read it is the related subject to the condition that you actually want right now. When it's mosting likely to make better opportunity of reading materials, it can be the way you should absorb similarly. Yeah, the manner ins which you could delight in the moment by reviewing Searching For ALPHA: The Quest For Exceptional Investment Performance, By Ben Warwick, the moment that you could use to do great activity, as well as the time for you to acquire exactly what this publication supplies to you.
It is so simple, right? Why do not you try it? In this website, you can also locate other titles of the Searching For ALPHA: The Quest For Exceptional Investment Performance, By Ben Warwick book collections that might be able to aid you discovering the most effective remedy of your task. Reading this book Searching For ALPHA: The Quest For Exceptional Investment Performance, By Ben Warwick in soft data will additionally ease you to get the source quickly. You could not bring for those publications to someplace you go. Just with the gizmo that constantly be with your almost everywhere, you can read this book Searching For ALPHA: The Quest For Exceptional Investment Performance, By Ben Warwick So, it will certainly be so swiftly to complete reading this Searching For ALPHA: The Quest For Exceptional Investment Performance, By Ben Warwick
From the Inside Flap
Can anyone win the investing game? Considering the small number of mutual funds that produce market-beating returns, the task may seem nearly impossible. Even so, there remains an elite group of investment professionals who manage to produce market-beating returns, year after year. What is their edge? Their edge is defined as alpha-which represents the portion of an investment fund's return that is generated solely by the skills of the portfolio manager. Investors, traders, and speculators alike have searched for a dependable source of alpha for as long as there have been financial markets. How much of this search is art, and how much is science? The answer to this and other questions can be found within this provocative and highly entertaining book. Some of the topics covered in Searching for Alpha include the following: * The three reasons why the mutual fund industry will always underperform the overall stock market * The well-known economist who, by comparing the stock market to a "beauty contest," made a fortune as a speculator * How a highly successful football betting scheme can be utilized to profitably trade stocks * How to profit from the idiosyncrasies of human behavior * What the waxing-and-waning tendency of oil wells can tell us about the impact of technology on the investment management industry * The commonalities between catching monkeys in India and avoiding taxes on investments in the United States * The profit potential of value stocks for the next decade Say goodbye to dry investment theory and hello to a rich and wonderful cast of characters. Who can resist the one-armed mechanic who single-handedly changed the business of U.S. oil production, or the pacifist who pioneered the explosives industry? Where else could you find the likes of Beethoven, Dom Perignon, and the mathematician who stopped Napoleon's advancing army dead in its tracks? Searching for Alpha cleverly combines these colorful figures with cutting-edge financial theories, bringing both to life in a refreshingly educational manner. www.SearchingForAlpha.com Jacket Design: Andy Liefer
Read more
From the Back Cover
"A provocative, witty, and meaningful book. Searching for Alpha is eminently readable. I highly recommend it!"-Dr. Martin Zweig, Zweig-DiMenna Associates "Searching for Alpha is right on the mark and essential reading for anyone who wants to go beyond stock-picking and think about how to construct a total portfolio to fit their own risk and return objectives."-Bluford H. Putnam, President, CDC Investment Management Corp. "Searching for Alpha is as instructional as it is entertaining. Ben Warwick's engaging examination of the modern investment process is succinct yet thorough, and cleverly interspersed with amusing facts, anecdotes, and historical insights . . . a charming book with lots of insight for both the novice and the professional."-Mark Kritzman, Managing Partner, Windham Capital Management, author, Puzzles of Finance "Searching for Alpha is a wild and entertaining read that just happens to be an investment book. Along the way, you'll read about the Civil War, the origin of professional football, and even whaling-and by the time you're through, you'll know more about the investment game than you ever imagined."-Jeremy Pink, Editor-in-Chief, worldlyinvestor.com "An erudite, well-written, and interesting book-with the added advantage of being right! The theory is state-of-the-art; the practice is very much current. Warwick has a special talent for historical analogy and storytelling."-Theodore R. Aronson, Partner, Aronson & Partners
Read more
See all Editorial Reviews
Product details
Hardcover: 224 pages
Publisher: Wiley; 1 edition (May 5, 2000)
Language: English
ISBN-10: 0471348228
ISBN-13: 978-0471348221
Product Dimensions:
6.3 x 0.8 x 9.3 inches
Shipping Weight: 15.2 ounces (View shipping rates and policies)
Average Customer Review:
3.5 out of 5 stars
11 customer reviews
Amazon Best Sellers Rank:
#1,989,487 in Books (See Top 100 in Books)
An easily readable and interesting book about problems and opportunities when trying to exceed average investment performance in a nearly efficient market. As an individual investor, I got a few interesting general insights about the investment climate in which I am competing.But ultimately, I found the book frustrating and rambling. Ideas in one section do not build on or relate clearly to those in other sections. Investment terms (managed futures, arbitrage, value at risk) are discussed in interesting ways but are not defined or explained in enough detail to make them clear or useful. The book seems to be addressed to people who already know most of the investment management concepts discussed, but then it is unclear why concepts like a normal distribution are explained in the simplest terms possible. The book may appeal to math phobics since the author's dismissive references to "quant jocks" makes me think he leaves all the math and precision thinking to others.
Being in the asset management consulting field I thought this highly recommended title should be as insightful as Swensen's "Pioneering Portfolio Management". I found it directionless, full of unconnected pointless anecdotal comments, as well as giving misleading shallow guidance regarding indexing.
The one thing that this book struck me as is a very good reference to understanding market performance indicators like alpha, beta, emh, etc.. BUT actually generating alpha, well not so much. On a side note, there are been thousands of books written about how to achieve "better" results to no or little success. So, there are other reviews knocking this book for it's worth and that is a very valid point. The point of this book should have been to explain the ways to analyze your performance but there are few points written to actually help you achieve market beating performance.
By turns technical, analytical and anecdotal, Ben Warwick's expert investment guide takes you on a whirlwind tour of modern investment theory and practice. Accessible enough to reward dabblers in the field, this book at the same time raises serious issues and attempts to, if not explain them completely, at least point you down the path to financial enlightenment. Abstract or downright abstruse concepts are generously illuminated by side trips into the worlds of one-armed oil wildcatters, Beethoven, Dom Perignon and the mathematician who managed to stop Napoleon's invading armies. We [...] recommend this book as one of the finest overviews of financial theory, technique and practice ever to grace our library's shelves.
A terrific read! Searching For Alpha is intelligent, well written and very timely. Author Ben Warwick has a gift for weaving people, anecdotes and financial theory into a fascinating history of the investment business.I really enjoyed the chapters describing the rise in popularity of mutual funds and indexing. Also, the sections devoted to managed futures and investors' irrational behavior were particularly worthwhile. The book is easy-to-read yet offers important financial insights that are regularly ignored by the mass media.You won't get rich quick or make a million dollars in real estate with "no money down", but you're bound to become a more savvy and successful investor by reading Warwick's book. Searching For Alpha is simply the best of the myriad of investment books to hits the bookshelves in recent years.
"Searching for Alpha" deserves a place alongside "A Random Walk Down Wall Street" and "Against the Gods" as a classic of investment literature. This is a rare book. It is intelligent, witty, inspired, and completely original. The quest to beat the market has engaged some of the finest minds in economics and academia, has stimulated investors to experiment with a variety of strategies, and has given rise to a legion of heroes and villains. "Searching for Alpha" brings all of this to life through concise explanations, metaphors, historical anecdotes, and even fictional characters. The result is an entertaining, thought-provoking, and highly literate romp through the investment world.
Ben Warwick has done an exceptionally good job at taking a subject (Investment Policy) that to most readers is maybe dry, and unexciting and making it a highly enjoyable subject about which to read. Interlaced among truly entertaining stories and anectdotes ranging from the discoverery of nitroglycerine to the life of Ludwig van Beethoven are well-researched, sound, quite readable discussions and theories about Index-based Investing, Capital Asset Pricing Model, Modern Portfolio Theory, Managed Futures and much, much more. Warwick is incrediblly knowledgeable about the subject of investing, and as an Investment Advisor, my Investment Policy will be greatly enhanced having read this book.
As a doctoral candidate with special emphasis on hedge funds I found this book superb. I agree 100% with Marc Kritzmans' review. Congratulations it is about time someone came out with this book. Hope the author writes another text, I am sure it will be a hit. Montreal, Canada
Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick PDF
Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick EPub
Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick Doc
Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick iBooks
Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick rtf
Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick Mobipocket
Searching for ALPHA: The Quest for Exceptional Investment Performance, by Ben Warwick Kindle