We argue that Kahn’s view is based on an interpretation of Grinold’s law that (a) fails to evaluate strategies in a portfolio context and therefore draws the wrong. Notes: Active Portfolio Management. By Zhipeng Yan. Active Portfolio Management. By Richard C. Grinold and Ronald N. Kahn. Part I Foundations. Chapter 1. Richard Grinold and Ronald Kahn, today retired and at BlackRock respectively, share a history in academia, at BARRA and above all at the quant behemoth.

Author: Kigabei Zulkilmaran
Country: Bahrain
Language: English (Spanish)
Genre: Medical
Published (Last): 12 January 2008
Pages: 282
PDF File Size: 16.4 Mb
ePub File Size: 10.59 Mb
ISBN: 282-1-91914-470-6
Downloads: 44270
Price: Free* [*Free Regsitration Required]
Uploader: Moogunos

Also, if you zoom into the image, it becomes grinld. Giovanni rated it it was ok Apr 01, Even if you skip the mathematics and most of the heavy stuff is kept neatly tucked away in appendices, so as not to frighten the MBAs and small childrenyou’re likely to get something out of it: Showing of 19 reviews.

Most opportunities fall somewhere in between.

Anselmo Araujo rated it really liked it Feb 13, Limiting yourself to being long only lowers IR. Mar 02, Robert Muller rated it really liked it. One person found this helpful. They didn’t write a book about specific investment instances that come up. Dec 01, Shauntelle James rated it it was amazing. AmazonGlobal Ship Orders Internationally.


Breadth, Skill, and Time | The Journal of Portfolio Management

John g rated it it was amazing Feb 08, The Kindle rendition is an utter disaster and sheer disappointment. Amazon Restaurants Food delivery from local restaurants. What other items do customers buy after viewing this item?

It revisits a number of discussions from the first edition, shedding new light on some of today’s most pressing issues, including risk, dispersion, market impact, and performance analysis, while ,ahn empirical evidence where grijold.

The print edition and the kindle version do not match.

There’s a problem loading this menu right now. I attempted reading it several times, but gave up every time. Jan 12, Clare rated it it was amazing Shelves: Amazon Giveaway allows you to run promotional giveaways in order kahhn create buzz, reward your audience, and attract new followers and customers. Table of Contents Index by author. Amazon Second Chance Pass it on, trade it in, give it a second life. Structurers don’t need this book. Want to Read Currently Reading Read.

Follow the Authors

Fact, Fiction, and the Size Effect. Enter your mobile number or email address below and we’ll send you a link to download the free Kindle App. If you’re interested in how indexes benchmarks are constructed for specific purposes, this is the book.

Learn more about Amazon Giveaway.

Breadth, Skill, and Time

Coming from a science and engineering background, I find the exposition verbose, yet lacking a anv derive-from-fundamentals approach. Alex Burns rated it it was amazing Mahn 02, Forgot your user name or password? They didn’t write a book about specific investment instances that come up. If you change the font and background colour, the equations will still remain the same colour.


The second source of IR is breadth — the number of independent active oportunities per year the PM have to use his skill on. However, this book is a iahn more than that. A reference classic, and surprisingly well written.

Abstract The information ratio determines the potential of an investment process to add value, and according to the fundamental law of active management, adding value depends on a combination of skill and breadth.

There was a problem filtering reviews right now. Like its predecessor, this volume details how to apply economics, econometrics, and operations research to solving practical investment problems, and uncovering superior profit opportunities.

Up to 4 simultaneous devices, per publisher limits Publisher: I’ve found “Quantitative Equity Portfolio Management: Kindle Edition Verified Purchase. There was a problem filtering reviews right now. Alexa Actionable Analytics for the Kkahn.

Start the discussion

Leave a Reply