{"product_id":"9789814504768","title":"Investing in the Modern Age","description":"\u003cp\u003eThis book discusses many key topics in investment and risk management, the global economic situation and the shift in global investment strategies. It was largely written during the period of 2007-12, one of the most tumultuous times in global financial markets which called into question not only tenets of economic forecasting and also asset allocation and return strategies. It contains studies of how investors lose money in derivative markets, examples of those who did not and how these disasters could have been prevented. The authors draw some conclusions on the impact of the structural shifts currently underway in the global economy as well as how cyclical trends will affect these industries, the globe and key sectors. The authors zoom in on key growth areas, including emerging markets, their interlinkages and financial trends.\u003c\/p\u003e\u003cp\u003eThe book also covers risk arbitrage and mean reversion  strategies in  financial and sports betting markets, plus incentives, volatility aspects, risk taking and investments strategies used by hedge funds and university endowments. Topics such as stock market crash predictions, asset liability planning models, various players in financial markets and the evaluation of the greatest investors are also discussed.\u003c\/p\u003e\u003cp\u003eThe book presents tools and case studies of real applications for analyzing a wide variety of investment returns and better assessing the risks which many investors have preferred to ignore in the search of returns. Many security market regularities or anomalies are discussed including political party and January effects as is the process of building scenarios and using Kelly and fractional Kelly strategies to optimize returns.\u003c\/p\u003e\u003cb\u003eContents:\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eKey Concepts:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eArbitrage, Risk Arbitrage and the Favorite-Longshot Bias\u003c\/li\u003e\n\u003cli\u003eThe Bond Stock Earnings Yield Differential Model\u003c\/li\u003e\n\u003cli\u003eInvestor Camps\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eHedge Funds, Sovereign Wealth Funds and Other Investment Agglomerations:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eAverage Hedge Funds and Their Evaluation\u003c\/li\u003e\n\u003cli\u003eIncentives and Risk Taking in Hedge Funds\u003c\/li\u003e\n\u003cli\u003eEvaluating Superior Hedge Funds\u003c\/li\u003e\n\u003cli\u003eInvestment in Own-Company Stock\u003c\/li\u003e\n\u003cli\u003eCutting Through the Hype on Sovereign Wealth Funds\u003c\/li\u003e\n\u003cli\u003eA New Age for Liquidity\u003c\/li\u003e\n\u003cli\u003eGovernment Owned Pensions: Asset Allocation and Governance Issues\u003c\/li\u003e\n\u003cli\u003eUpdate on Yale's Approach to Endowment Investing\u003c\/li\u003e\n\u003cli\u003eA Risk Arbitrage Convergence Trade: The Nikkei Put Warrant Market of 1989–90\u003c\/li\u003e\n\u003cli\u003eKelly Capital Growth Investing\u003c\/li\u003e\n\u003cli\u003eInnoALM, the Innovest Austrian Pension Fund Financial Planning Model\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eSeasonal Effects and Other Anomalies:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eInvesting in the January Turn-of-the-Year Effect with Index Futures\u003c\/li\u003e\n\u003cli\u003eThe January Barometer\u003c\/li\u003e\n\u003cli\u003eSell-in-May-and-Go-Away and the Effect of the Fed\u003c\/li\u003e\n\u003cli\u003e60–40 Pension Fund Mixes and Presidential Party Effects\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eVolatility, Correlation and Liquidity:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eThoughts on the VIX Fear Index\u003c\/li\u003e\n\u003cli\u003eChanging Correlations: Rising VIX and Violent Market Moves\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eCan We Predict Stock Market Crashes?:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eStock Market Crashes in 2006–2009: Were We Able to Predict Them?\u003c\/li\u003e\n\u003cli\u003eThree Mini Crashes in US and World Equity Markets\u003c\/li\u003e\n\u003cli\u003eWhat Signals Worked and What Did Not, 1980–2009\u003c\/li\u003e\n\u003cli\u003eWhat Signals Worked and What Did Not, 1980–2009, Part II\u003c\/li\u003e\n\u003cli\u003eWhat Signals Worked and What Did Not, 1980–2009, Part III\u003c\/li\u003e\n\u003cli\u003eHow to Lose Money in Derivatives and Examples of Those Who Did\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eBubbles and Debt:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eUnderstanding the Financial Markets in the Subprime Era: The 2007\/9 Crisis\u003c\/li\u003e\n\u003cli\u003eBubbles\u003c\/li\u003e\n\u003cli\u003eChina: Navigating the Olympic Risks\u003c\/li\u003e\n\u003cli\u003eTurkey's Juggling Act: Can It Live Up to Potential?\u003c\/li\u003e\n\u003cli\u003eTesting Resiliency: Protest and Natural Disasters\u003c\/li\u003e\n\u003cli\u003eIt's a Gas, Gas, Gas!\u003c\/li\u003e\n\u003cli\u003eThoughts on the Current Market Environment, Risks and Returns\u003c\/li\u003e\n\u003cli\u003eWhat's Wrong with The US?\u003c\/li\u003e\n\u003cli\u003eInvesting Around the World\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eInvesting and Arbitrage in NFL Football and Horse Racing:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eBlunder or Correct Decision? The Belichick Decision to Go for It on 4th Down\u003c\/li\u003e\n\u003cli\u003eThe 2010 and 2011 Super Bowls and the Elo Ranking System\u003c\/li\u003e\n\u003cli\u003eRisk Arbitrage in the NFL 2012 Playoffs and the Super Bowl\u003c\/li\u003e\n\u003cli\u003eThe One That Got Away: The Hitable $2 Million Pick 6 at the Breeders' Cup\u003c\/li\u003e\n\u003cli\u003eTwo Super Horses\u003c\/li\u003e\n\u003cli\u003eFarewell to the Queen and to the Princess of US Thoroughbred Racing\u003c\/li\u003e\n\u003cli\u003eThe Dr Z Place and Show Racetrack Betting Systems Past and Present\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\u003cbr\u003e\u003cb\u003eReadership:\u003c\/b\u003e Hedge fund managers, insurance managers, pension fund managers, mutual fund managers and other investment professionals and investors; students and researchers interested in risk management and investment management; investment strategies.\u003cbr\u003e","brand":"World Scientific Publishing Company, Incorporated","offers":[{"title":"Default Title","offer_id":47185292624112,"sku":"9789814504768","price":36.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9789814504768_p0.jpg?v=1763691395","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9789814504768","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}