Икономическа библиотека на ИПИ и БМА

Нови книги

Mathematical Analysis

Jagdish C. Arya, Robin W. Lardner

Издател: Prentice Hall International

Economics in Our Time

Dwight R. Lee, Robert F. McNown

Издател: Science Research Associates

Борсова и Тържищна Търговия

Издател:

Money and Finance

Jacob Cohen

Издател: The Iowa State University Press

Финансови Инвестиции

Йордан Йорданов

Издател: Лотос 23

The Private Provision of Public Services in Developing Countries

Gabriel Roth

Издател: Oxford University Press

Mean-Variance Analysis in Portfolio Choice and Capital Markets

Harry M. Markowitz

Издател: Basil Blackwell Ltd.

In 1952, Harry Markowitz published "Portfolio Selection," a paper which revolutionized modern investment theory and practice. The paper proposed that, in selecting investments, the investor should consider both expected return and variability of return on the portfolio as a whole. Portfolios that minimized variance for a given expected return were