Essays in Positive Investment Management - Brossura

Blanqué, Pascal

Brossura

ISBN 10: 2717870768 ISBN 13: 9782717870763

Casa editrice: Economica Ltd, 2020

Riassunto

The author reports on situations experienced by investors which clearly break the rules and norms of accepted rationality, for example when a fall in the price of an asset is accompanied, contrary to the classical hypotheses, by a fall in demand. He outlines a general theory for the fields of choice and the marginal rates of substitution within the framework of a specific referential of the economic subject, of a psychological nature and structured by time-values, and the framework of a limited rationality. In this important and timely book, Blanqué made a powerful claim for positive investment in order to avoid fanciful illusions. He assigned it the task of understanding what is happening in today's world. Blanqué argued that the investment world contains many elements of a fairy tale and showed that a mere confrontation with reality leaves its mark on the impressive procession of theoretical, sacred cows, of established beliefs and truths. As does the confrontation with crises.

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Informazioni sull?autore

Pascal Blanqué is Chief Investment Officer for a major international asset management company. He formerly served as Chief Economist for a large international banking group. With a dual background as both an academic and practitioner, he has focused his work on monetary issues, the functioning of financial markets and the philosophical foundations of economics.

Dettagli dell'edizione

• Editore: Economica Ltd
• Data di pubblicazione: 2020
• Lingua: Inglese
• ISBN 10: 2717870768
• ISBN 13: 9782717870763
• Rilegatura: Copertina flessibile
• Numero edizione: 3
• Numero di pagine: 560
• Contatto del produttore: non disponibile
• Persona responsabile: Ufficio Anagrafiche Messaggerie; 0039 0245774342; ufficio.anagrafiche@meli.it; ; Via Verdi, 8.; Assago Milano; 20090; Italia