Beast on Wall Street

Shows how price-driven volatility explains many of the mysteries associated with stock price behavior. Covers the excess volatility problem of Shiller; the equity premium puzzle of Mehra and Prescot; the private information hypothesis of French and Roll; and shows why professionals have a difficult time beating the market. Portfolio Managers, Brokers, and Investment Bankers. Это и многое другое вы найдете в книге Beast on Wall Street