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Capital Ideas The Improbable Origins of Modern Wall Street
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Capital Ideas The Improbable Origins of Modern Wall Street Hardcover - 1991

by Bernstein, Peter L.


From the publisher

When the recession of 1974 hit Wall Street, the investments profession desperately turned to the theories of a small and unlikely group of academics for guidance in finding a way to regain the value of their clients' holdings. Some of these scholars had begun to study stock prices merely as an expedient way to test the properties of large numbers, but inadvertently, they laid the intellectual foundation for a revolution in commerce. Peter L. Bernstein shows how Wall Street first fought, and then embraced, the advances wrought in the academic seminars and technical journals that ultimately transformed the art of investing.

First line

Paul Samuelson, economist and Nobel laureate, once remarked that it is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.

Details

  • Title Capital Ideas The Improbable Origins of Modern Wall Street
  • Author Bernstein, Peter L.
  • Binding Hardcover
  • Edition 3rd Ptg Per Num
  • Publisher Free Press, Old Tappan, New Jersey, U.S.A.
  • Date December 16, 1991
  • ISBN 9780029030110
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Capital Ideas: The Improbable Origins of Modern Wall Street
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Capital Ideas: The Improbable Origins of Modern Wall Street

by Bernstein, Peter L.

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Capital Ideas : The Improbable Origins of Modern Wall Street

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Capital Ideas : The Improbable Origins of Modern Wall Street
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Capital Ideas : The Improbable Origins of Modern Wall Street

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Capital Ideas : The Improbable Origins of Modern Wall Street
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Capital Ideas : The Improbable Origins of Modern Wall Street

by Bernstein, Peter L

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Capital Ideas: The Improbable Origins of Modern Wall Street

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Capital Ideas: The Improbable Origins of Modern Wall Street
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Capital Ideas: The Improbable Origins of Modern Wall Street

by Peter L. Bernstein

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