Ben Graham Was a Quant

Ben Graham Was a Quant

The pioneer of value investing, Benjamin Graham, believed in a philosophy that continues to be followed by some of today's most successful investors, such as Warren Buffett. Part of this philosophy includes adhering to your stock selection process come ''hell or high water,'' which, in his view, was one of the most important aspects of investing.

So, if a quant designs and implements mathematical models for predicting stock or market movements, what better way to remain objective than to invest using algorithms in a quantitative method? This is exactly what Ben Graham Was a Quant will show you how to do.

Opening with a brief history of quantitative investing, this book quickly moves on to focus on the fundamental and financial factors used in selecting ''Graham'' stocks, demonstrate how to test these factors with current software, and discuss how to combine them into a quantitative model. Along the way, Ben Graham Was a Quant also takes the time to define the search for Alpha and explain what it is, highlight some of the inadequacies of modern portfolio theory, and introduce specific risk measures you should become familiar with.

One of the best aspects of quantitative investing is that it ultimately leads to disciplined, and intelligent, investing. Ben Graham Was a Quant will help you achieve this goal by codifying Graham's value philosophy and combining it with quantitative methods¿all while using a minimum of mathematics. With this book as your guide, you'll discover a better way to invest, as you learn how to create quantitative models that follow in the footsteps of Graham's proven value approach.

Auteur | Steven P. Greiner
Taal | Engels
Type | Hardcover
Categorie | Economie & Financiën

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