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Norsk

A Non-Random Walk Down Wall Street

Pocket • 2001 • Engelsk

A Non-Random Walk Down Wall Street

Av Andrew W. Lo

0 vurderinger • 0.0 av 5

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Om boken

For over half a century, financial experts have regarded the movements of markets as a random walk--unpredictable meanderings akin to a drunkard's unsteady gait--and this hypothesis has become a cornerstone of modern financial economics and many investment strategies. Here Andrew W. Lo and A. Craig MacKinlay put the Random Walk Hypothesis to the test. In this volume, which elegantly integrates their most important articles, Lo and MacKinlay find that markets are not completely random after all, ...Vis mer

Om boken

ISBN

9780691092560

Forlag

Princeton University Press

Publiseringsår

2001

Språk

Engelsk

Originaltittel

A Non-Random Walk Down Wall Street

Format

Pocket

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