Synopses & Reviews
Synopsis
Describes the lives, theories, and legacies of six great minds in finance who changed the way we look at financial markets and equilibrium. Bachelier, Samuelson, Fama, Ross, Tobin, and Shiller; proponents and critics of the market efficiency theories who redefined modern finance, creating the foundation on which all financial analysis rests.
Synopsis
Preface to the Great Minds in Finance Series Preamble Introduction PART I: LOUIS BACHELIER - THE FIRST PHYSICIST FINANCIAL THEORIST Louis Bachelier - The Early Years The Times The Theory Discussion and Applications - Einstein and Bachelier Life and Legacy PART II: PAUL SAMUELSON'S RANDOM WALK Paul Samuelson - The Early Years The Times The Theory Discussion and Applications The Nobel Prize, Life and Legacy PART III: EUGENE FAMA'S EFFICIENT MARKET HYPOTHESIS Eugene Fama - The Early Years The Times The Theory Discussion and Applications Career and Legacy PART IV: STEPHEN ROSS AND ARBITRAGE PRICING THEORY Stephen Alan Ross - the Early Years The Times The Theory Discussion and Applications Career and Legacy PART V: JAMES TOBIN AND A NEW POLICY James Tobin - The Early Years The Times The Theory Discussion and Applications The Nobel Prize, Life, and Legacy PART VI: ROBERT SCHILLER AND IRRATIONAL EXUBERANCE Robert Shiller - The Early Years The Times The Theory Discussion and Applications Career and Legacy PART VII: WHAT WE HAVE LEARNED Combined Contributions Conclusions Glossary Index Endnotes