“This volume provides a new, antiefficient markets approach to investment theory and management…a valuable reference…” (Zentralblatt Math, Vol.1050, 2005)
“…very readable and highly educational…a good choice for your next investment…” (Technometrics, Vol. 45, No. 3, August 2003)
“…examines investment strategies based on risk-neutral probabilities and offers an anti-efficient markets approach to investment theory and management.” (AAII Journal, August 2003)
Models For Investors in Real World Markets
This book is extremely timely, as recent events have contributed to making the markets more and more unstable. It provides a methodology for seeing the probability that stocks will go up or down in a given time, giving investors the ability to choose investments based on those probabilities.
From the Back Cover
Models For Investors in Real World Markets
This book is extremely timely, as recent events have contributed to making the markets more and more unstable. It provides a methodology for seeing the probability that stocks will go up or down in a given time, giving investors the ability to choose investments based on those probabilities.
About the Author
JAMES R. THOMPSON, PhD, is the Noah Harding Professor of Statistics at Rice University.
EDWARD E. WILLIAMS, PhD, is Henry Gardiner Symonds Professor at the Jesse H. Jones Graduate School of Business Administration at Rice University.
M. CHAPMAN FINDLAY, III, PhD, is President and Director of Fin Fin Inc., and Director of First Texas Venture Capital, LLC, and a principal at Findlay, Phillips and Associates in Los Angeles, California.