- Includes a Foreword from Nobel Laureate Harry M. Markowitz.
- Showcases the expertise of an author who identified and predicted the causes of 1987, 1997 and 1998 crashes.
- Explains the risks of little-understood option replication.
- Offers chapter summaries, appendices and a glossary.
Capital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes
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Book Details
Author(s)Bruce I. Jacobs
PublisherWiley-Blackwell
ISBN / ASIN0631215557
ISBN-139780631215554
AvailabilityIn stock. Usually ships within 3 to 4 days.
Sales Rank3,046,535
MarketplaceUnited States 🇺🇸
Description ▲
Bruce Jacobs sifts through the history of modern finance, from the efficient market hypothesis to behavioral psychology and chaos theory, to determine the cause of recent market crashes.