The New Finance

The New Finance : The Case Against Efficient Markets

3.73 (30 ratings by Goodreads)
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A supplement for junior/senior and graduate level courses in Investments, Finance Theory, and related courses the Second Edition makes the case for the inefficient market, positioning the efficient market paradigm at the extreme end of a spectrum of possible states. It presents a comprehensive and organized collection of the evidence and the arguments which constitute a strong and persuasive case for over-reactive markets.
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Product details

  • Paperback | 160 pages
  • 152.4 x 228.9 x 15mm | 288.64g
  • Pearson
  • United States
  • English
  • 2nd edition
  • 0130102288
  • 9780130102287

Table of contents

1. Search for the Grail. 2. The Old Finance. 3. How Long is the Short Run? 4. The Ancient Finance. 5. The Past and the Future. 6. The Race Between Value and Growth. 7. Surprise or Risk Premium? 8. "V" 9. The Holy Grail. 10. Dawn of the New Finance. 11. Final Words. Glossary.
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Rating details

30 ratings
3.73 out of 5 stars
5 23% (7)
4 33% (10)
3 37% (11)
2 7% (2)
1 0% (0)
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