Capital Ideas Evolving

Title: Capital Ideas Evolving
Author: Peter Bernstein
Published: May 2007

From Publisher: Follow-up to Bernstein’s landmark work, Capital Ideas (1992), which described the breakthrough financial theories of a small group of academics, including Paul Samuelson, Harry Markowitz, Bill Sharpe, Jack Treynor, Eugene Fama, Robert C. Merton, Fischer Black, and Myron Scholes. Their pioneering insights laid the intellectual groundwork for many of the innovations, new products, and strategies that are revolutionizing today’s world of finance. Based on personal interviews with leading academics and pioneering investment practitioners, Capital Ideas Evolving demonstrates how these financial theories now shape the underlying structure of portfolio management and market behavior, sparking important innovations such as portable alpha and fresh insights into the risk/return trade-off.

Book Review in July/August 2008 Financial Analysts Journal

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One Comment

  1. Your Portfolio 101
    August 22, 2012 at 2:28 am

    Very good book, too bad that the author has ignored people like Mandelbrot or Taleb

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