Rational Investing : : The Subtleties of Asset Management / / Jacques Lussier, Hugues Langlois.
Many investors believe that success in investing is either luck or clairvoyance. In Rational Investing, finance professor Hugues Langlois and asset manager Jacques Lussier present the current state of asset management and clarify the conundrum of luck versus skill. The core of Rational Investing is...
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Place / Publishing House: | New York, NY : : Columbia University Press, , [2017] ©2017 |
Year of Publication: | 2017 |
Language: | English |
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Physical Description: | 1 online resource (240 p.) :; 30 figures and tables |
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Langlois, Hugues, author. aut http://id.loc.gov/vocabulary/relators/aut Rational Investing : The Subtleties of Asset Management / Jacques Lussier, Hugues Langlois. New York, NY : Columbia University Press, [2017] ©2017 1 online resource (240 p.) : 30 figures and tables text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Columbia Business School Publishing Frontmatter -- Contents -- 1. The Subtleties of Asset Management -- 2. Understanding the Playing Field -- 3. Skill, Scale, and Luck in Active Fund Management -- 4. What May and Can Be Forecasted? -- 5. The Blueprint to Long-Term Performance -- 6. Building Better Portfolios -- 7. We Know Better, But . . . -- Notes -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star Many investors believe that success in investing is either luck or clairvoyance. In Rational Investing, finance professor Hugues Langlois and asset manager Jacques Lussier present the current state of asset management and clarify the conundrum of luck versus skill. The core of Rational Investing is a framework for smart investing built around three performance drivers: balancing exposure to risk factors, efficiently diversifying bad luck, and taking advantage of relative mispricings in financial markets. With clear examples from model multi-asset-class portfolios, Langlois and Lussier show how to implement performance drivers like institutional investors with access to extensive resources, as well as nonprofessional investors who are constrained to small-scale transactions. There are few investment products, whether traditional or alternative, discretionary or systematic, fundamental or quantitative, whose performance cannot be analyzed through this framework. Langlois and Lussier illuminate the structure of financial markets and the mechanics of sustainable investing so any investor can become a rational player, from the nonprofessional investor with a basic knowledge of statistics all the way to seasoned investment professionals wishing to challenge their understanding of the asset management industry. Issued also in print. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022) Investments. Portfolio management. BUSINESS & ECONOMICS / Finance / General. bisacsh Lussier, Jacques, author. aut http://id.loc.gov/vocabulary/relators/aut Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2017 9783110543308 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2017 9783110540550 ZDB-23-DGG Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE ENGLISH 2017 9783110625264 Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2017 9783110547740 ZDB-23-DBV print 9780231177344 https://doi.org/10.7312/lang17734 https://www.degruyter.com/isbn/9780231543781 Cover https://www.degruyter.com/document/cover/isbn/9780231543781/original |
language |
English |
format |
eBook |
author |
Langlois, Hugues, Langlois, Hugues, Lussier, Jacques, |
spellingShingle |
Langlois, Hugues, Langlois, Hugues, Lussier, Jacques, Rational Investing : The Subtleties of Asset Management / Columbia Business School Publishing Frontmatter -- Contents -- 1. The Subtleties of Asset Management -- 2. Understanding the Playing Field -- 3. Skill, Scale, and Luck in Active Fund Management -- 4. What May and Can Be Forecasted? -- 5. The Blueprint to Long-Term Performance -- 6. Building Better Portfolios -- 7. We Know Better, But . . . -- Notes -- Index |
author_facet |
Langlois, Hugues, Langlois, Hugues, Lussier, Jacques, Lussier, Jacques, Lussier, Jacques, |
author_variant |
h l hl h l hl j l jl |
author_role |
VerfasserIn VerfasserIn VerfasserIn |
author2 |
Lussier, Jacques, Lussier, Jacques, |
author2_variant |
j l jl |
author2_role |
VerfasserIn VerfasserIn |
author_sort |
Langlois, Hugues, |
title |
Rational Investing : The Subtleties of Asset Management / |
title_sub |
The Subtleties of Asset Management / |
title_full |
Rational Investing : The Subtleties of Asset Management / Jacques Lussier, Hugues Langlois. |
title_fullStr |
Rational Investing : The Subtleties of Asset Management / Jacques Lussier, Hugues Langlois. |
title_full_unstemmed |
Rational Investing : The Subtleties of Asset Management / Jacques Lussier, Hugues Langlois. |
title_auth |
Rational Investing : The Subtleties of Asset Management / |
title_alt |
Frontmatter -- Contents -- 1. The Subtleties of Asset Management -- 2. Understanding the Playing Field -- 3. Skill, Scale, and Luck in Active Fund Management -- 4. What May and Can Be Forecasted? -- 5. The Blueprint to Long-Term Performance -- 6. Building Better Portfolios -- 7. We Know Better, But . . . -- Notes -- Index |
title_new |
Rational Investing : |
title_sort |
rational investing : the subtleties of asset management / |
series |
Columbia Business School Publishing |
series2 |
Columbia Business School Publishing |
publisher |
Columbia University Press, |
publishDate |
2017 |
physical |
1 online resource (240 p.) : 30 figures and tables Issued also in print. |
contents |
Frontmatter -- Contents -- 1. The Subtleties of Asset Management -- 2. Understanding the Playing Field -- 3. Skill, Scale, and Luck in Active Fund Management -- 4. What May and Can Be Forecasted? -- 5. The Blueprint to Long-Term Performance -- 6. Building Better Portfolios -- 7. We Know Better, But . . . -- Notes -- Index |
isbn |
9780231543781 9783110543308 9783110540550 9783110625264 9783110547740 9780231177344 |
url |
https://doi.org/10.7312/lang17734 https://www.degruyter.com/isbn/9780231543781 https://www.degruyter.com/document/cover/isbn/9780231543781/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
332 - Financial economics |
dewey-full |
332.6 |
dewey-sort |
3332.6 |
dewey-raw |
332.6 |
dewey-search |
332.6 |
doi_str_mv |
10.7312/lang17734 |
oclc_num |
967683723 |
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AT langloishugues rationalinvestingthesubtletiesofassetmanagement AT lussierjacques rationalinvestingthesubtletiesofassetmanagement |
status_str |
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ids_txt_mv |
(DE-B1597)480297 (OCoLC)967683723 |
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cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2017 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2017 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE ENGLISH 2017 Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2017 |
is_hierarchy_title |
Rational Investing : The Subtleties of Asset Management / |
container_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2017 |
author2_original_writing_str_mv |
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