{"product_id":"competitive-advantage-in-investing-9781119619840","title":"Competitive Advantage in Investing","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eLinks theory and practice for investment professionals and portfolio managers, demonstrating why some portfolios consistently perform better than others\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInvesting well, like any other business, depends on competitive advantage. Some portfolios reliably generate greater returns than others because they simply are better positioned to benefit from strengths and avoid weaknesses. Building and using competitive advantage becomes central to the daily work of the best mutual funds, hedge funds, banks, insurers and virtually every other type of portfolio. But competitive advantage commonly is overlooked in most written work for investment professionals. The literature often varies between abstract formal treatments and pragmatic workbooks with little in between. \u003ci\u003eCompetitive Advantage in Investing\u003c\/i\u003e fills the gap by integrating modern portfolio theory with actual practice in one comprehensive volume.\u003c\/p\u003e \u003cp\u003eThis innovative book guides investment professionals on building \u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Theory \u003c\/b\u003e\u003cb\u003e1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Welcome, Harry Markowitz 3\u003c\/p\u003e \u003cp\u003e2 A Sharpe Line 17\u003c\/p\u003e \u003cp\u003e3 The Counsel of Critics 27\u003c\/p\u003e \u003cp\u003e4 Toward a New Capital Asset Pricing Model 35\u003c\/p\u003e \u003cp\u003e5 The Local Capital Asset Pricing Model 41\u003c\/p\u003e \u003cp\u003e6 Creating Competitive Advantage 53\u003c\/p\u003e \u003cp\u003e7 Building a Portfolio on Competitive Advantage 65\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II Practice \u003c\/b\u003e\u003cb\u003e73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8 Investing for Total Return: Mutual Funds 75\u003c\/p\u003e \u003cp\u003e9 Investing for Total Return: Hedge Funds 99\u003c\/p\u003e \u003cp\u003e10 Investing for Banks, Thrifts, and Credit Unions 121\u003c\/p\u003e \u003cp\u003e11 Investing for Property\/Casualty and Life Insurers 159\u003c\/p\u003e \u003cp\u003e12 Investing for Broker\/Dealers 187\u003c\/p\u003e \u003cp\u003e13 Investing for Real Estate Investment Trusts 203\u003c\/p\u003e \u003cp\u003e14 Investing for Sovereign Wealth Funds 213\u003c\/p\u003e \u003cp\u003e15 Investing for Individuals 229\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Markets \u003c\/b\u003e\u003cb\u003e243\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e16 Turning the Tables: Investor Impact on Asset Values 245\u003c\/p\u003e \u003cp\u003eReferences 255\u003c\/p\u003e \u003cp\u003eAbout the Author 265\u003c\/p\u003e \u003cp\u003eIndex 267\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49407101305175,"sku":"9781119619840","price":36.09,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781119619840.jpg?v=1730498182","url":"https:\/\/bookcurl.com\/products\/competitive-advantage-in-investing-9781119619840","provider":"Book Curl","version":"1.0","type":"link"}