This book evaluates Modern Portfolio Theory for future study. From the original purpose of MPT through to asset investment by management, we learn why anybody today with the software and a reasonable financial education can model portfolios. However, computer driven models are so complex that hardly anybody understands what is going on. Returning to first principles, we learn why investors and not their computers should always interpret their results.
Over the past decade the financial and business environments have undergone significant changes. During the same period several advances have been made within the field of financial engineering, involving both the methodological tools as well as the application areas. This comprehensive edited volume discusses the most recent advances within the field of financial engineering, focusing not only on the description of the existing areas in financial engineering research, but also on the new methodologies that have been developed for modeling and addressing financial engineering problems.
The Accounting Game : Basic Accounting Fresh from the Lemonade Stand
The world of accounting can be intimidating. But, more often than not, there's no way to avoid it - even non-financial jobs venture into financial jargon and concepts. For those trying to get more done at the office, organize the dollars and cents in a small business, or just in need of a refresher, there's no reason to turn to the average number-crunching class again.
The Accounting Game presents financial information in a format so simple and so unlike a common accounting textbook, you may forget youre learning key skills that will help you get ahead!
The Stiglitz Report: Reforming the International Monetary and Financial Systems in the Wake of the Global Crisis
The fact that our global economy is broken may be widely accepted, but what precisely needs to be fixed has become the subject of enormous controversy. In 2008, the president of the United Nations General Assembly convened an international panel, chaired by Nobel Prize–winning economist Joseph Stiglitz and including twenty leading international experts on the international monetary system, to address this crucial issue.
In the picturesque village of Branscombe, New Hampshire, the townsfolk are all pitching in to prepare for the first (and many hope annual) Festival of Joy. The night before the festival begins, a group of employees at the local market learn that they have won $160 million in the lottery. One of their co-workers, Duncan, decided at the last minute, on the advice of a pair of crooks masquerading as financial advisers, not to play. Then he goes missing. A second winning lottery ticket was purchased in the next town, but the winner hasn't come forward. Could Duncan have secretly bought it?
