{"product_id":"equity-management-the-art-and-science-of-modern-quantitative-investing-second-edition-9781259835247","title":"Equity Management: The Art and Science of Modern Quantitative Investing, Second Edition","description":"\u003cp\u003e\u003cstrong\u003eThe classic guide to quantitative investing--expanded and updated for today's increasingly complex markets\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003eFrom Bruce Jacobs and Ken Levy--two pioneers of quantitative equity management-- the go-to guide to stock selection has been substantially updated to help you build portfolios in today's transformed investing landscape. \u003c\/p\u003e\u003cp\u003eA powerful combination of in-depth research and expert insights gained from decades of experience, \u003cem\u003eEquity Management, Second Edition \u003c\/em\u003eincludes 24 new peer-reviewed articles that help leveraged long-short investors and leverage-averse investors navigate today's complex and unpredictable markets. \u003c\/p\u003e\u003cp\u003eRetaining all the content that made an instant classic of the first edition--including the authors' innovative approach to \u003cem\u003edisentangling\u003c\/em\u003e the many factors that influence stock returns, \u003cem\u003eunifying\u003c\/em\u003e the investment process, and \u003cem\u003eintegrating\u003c\/em\u003e long and short portfolio positions--this new edition addresses critical issues. Among them--\u003c\/p\u003e\u003cp\u003e- What's the best leverage level for long-short and leveraged long-only portfolios?\u003cbr\u003e- Which behavioral characteristics explain the recent financial meltdown and previous crises?\u003cbr\u003e- What is smart beta--and why should you think twice about using it? \u003cbr\u003e- How do option-pricing theory and arbitrage strategies lead to market instability?\u003cbr\u003e- Why are factor-based strategies on the rise?\u003c\/p\u003e\u003cp\u003e\u003cem\u003eEquity Management\u003c\/em\u003e provides the most comprehensive treatment of the subject to date. More than a mere compilation of articles, this collection provides a carefully structured view of modern quantitative investing. You'll come away with levels of insight and understanding that will give you an edge in increasingly complex and unpredictable markets. \u003c\/p\u003e\u003cp\u003eWell-established as two of today's most innovative thinkers, Jacobs and Levy take you to the next level of investing. Read \u003cem\u003eEquity Management\u003c\/em\u003e and design the perfect portfolio for your investing goals. \u003cbr\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cstrong\u003eBruce Jacobs\u003c\/strong\u003e holds a Ph.D. in finance from the Wharton School of the University of Pennsylvania. He is the author of Capital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes (1999), and serves on the Journal of Portfolio Management Advisory Board and has served on the Financial Analysts Journal Advisory Council. \u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eKen Levy\u003c\/strong\u003e holds an M.B.A. and M.A. in business economics from the Wharton School of the University of Pennsylvania. He is co-editor, with Bruce Jacobs, of \u003cem\u003eMarket Neutral Strategies\u003c\/em\u003e. A Chartered Financial Analyst, he has served as the CFA Institute's candidate curriculum committee.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eBruce I. Jacobs and Kenneth N. Levy\u003c\/strong\u003e are cofounders and cochief investment officers of Jacobs Levy Equity Management, which manages $8 billion for a prestigious global roster of corporate defined benefit and defined contribution plans, public retirement systems, subadvised funds, and endowments\/foundations.\u003c\/p\u003e\u003cbr\u003e","brand":"McGraw-Hill Companies","offers":[{"title":"Default Title","offer_id":50849455669522,"sku":"9781259835247","price":82.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_253da760-71c2-4f59-9858-4be027bafdde.jpg?v=1737397160","url":"https:\/\/surprise-castle.myshopify.com\/products\/equity-management-the-art-and-science-of-modern-quantitative-investing-second-edition-9781259835247","provider":"Surprise Castle","version":"1.0","type":"link"}