Financial Advice and Investment Decisions : a Manifesto for Change.

A practical guide to adapting financial advice and investing to a post crisis world There's no room for ""business as usual"" in today's investment management environment. Following the recent financial crisis, both retail and institutional investors are searching for n...

Full description

Bibliographic Details
Main Author: Wilcox, Jarrod W.
Other Authors: Fabozzi, Frank J.
Format: eBook
Language:English
Published: Hoboken : Wiley, 2013.
Series:Frank J. Fabozzi series.
Subjects:
Online Access:Full Text via HEAL-Link
LEADER 06228nam a2200757 4500
001 ocn865331158
003 OCoLC
005 20170124070022.3
006 m o d
007 cr |n|||||||||
008 131214s2013 xx ob 001 0 eng d
040 |a EBLCP  |b eng  |e pn  |c EBLCP  |d OCLCO  |d OCLCQ  |d N$T  |d E7B  |d OCLCQ  |d OCLCO  |d OCLCF  |d OCLCQ  |d YDXCP  |d IDEBK  |d CUS  |d RECBK  |d TEFOD  |d DEBSZ  |d TEFOD  |d COO  |d OCLCQ  |d DEBBG  |d OCLCQ  |d GrThAP 
019 |a 864663519  |a 864912199  |a 871191609  |a 961592490  |a 962708635  |a 967720918 
020 |a 9781118418116  |q (electronic bk.) 
020 |a 1118418115  |q (electronic bk.) 
020 |a 9781118415320 
020 |a 1118415329 
020 |a 9781118656761 
020 |a 1118656768 
020 |z 9780470647127 
020 |z 0470647124 
029 1 |a AU@  |b 000053041347 
029 1 |a AU@  |b 000053336449 
029 1 |a DEBBG  |b BV043396405 
029 1 |a DEBSZ  |b 431570159 
029 1 |a DEBSZ  |b 449399648 
029 1 |a NZ1  |b 15340068 
029 1 |a AU@  |b 000059223374 
035 |a (OCoLC)865331158  |z (OCoLC)864663519  |z (OCoLC)864912199  |z (OCoLC)871191609  |z (OCoLC)961592490  |z (OCoLC)962708635  |z (OCoLC)967720918 
037 |a FD290D05-2644-4A17-970F-732BD2594AD5  |b OverDrive, Inc.  |n http://www.overdrive.com 
050 4 |a HF1008 
072 7 |a BUS  |x 041000  |2 bisacsh 
072 7 |a BUS  |x 055000  |2 bisacsh 
072 7 |a BUS  |x 059000  |2 bisacsh 
082 0 4 |a 650 
049 |a MAIN 
100 1 |a Wilcox, Jarrod W. 
245 1 0 |a Financial Advice and Investment Decisions :  |b a Manifesto for Change. 
264 1 |a Hoboken :  |b Wiley,  |c 2013. 
300 |a 1 online resource (354 pages). 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a Frank J. Fabozzi Series 
505 0 |a Cover; Title Page; Copyright Page; Dedication; Contents; Preface; Acknowledgments; About the Authors; CHAPTER 1 Why Do We Need Better Financial Advice?; The Individual; Organizational Influences; The Rest of the Story; CHAPTER 2 The Evidence Is Compelling; Financial Planning; Your Most Important Investment Decision; Option Payoffs are Not Simple; After-Tax Payoffs are Not Simple; Our Primitive Brains and Monkey See, Monkey Do; Others' Agendas and the Perils of the Ivory Tower; CHAPTER 3 The Extended Balance Sheet Approach to Financial Planning; The Simplest Model. 
505 8 |a The Stochastic Dynamic Programming AlternativeThe Mental Accounting Alternative; The Extended Balance Sheet; A Financial Planning System; CHAPTER 4 Properties of Mostly Efficient Markets; Multi-Agent Emergent Behavior; Why Security Returns are Difficult to Predict; Markets Bubble and Crash; Investment Implications of Market Characteristics; CHAPTER 5 Growing Discretionary Wealth; The Discretionary Wealth Approach; Elements of the Approach; Appropriate Markowitz Risk Aversion; CHAPTER 6 Coping with Uncertain Knowledge; Interpretation of Probability; Bayesian Probability Fundamentals. 
505 8 |a Resisting Forecasting OverconfidenceMaking Estimates More Robust to Extreme Observations; Taking Context into Account; Making Better Use of Information in Decisions; CHAPTER 7 Controlling Investing Behavioral Biases; Facing Up to Complexity; Promoting Independent Thinking; Controlling Organizational Biases; CHAPTER 8 Tax Efficient Investing; Context; Taxes that Affect Investment Returns; General Principles of After-Tax Investing; Measurement of After-Tax Performance and Benchmarks; CHAPTER 9 Matching Investment Vehicles to Needs; Revisiting Risk Aversion; Taxes Again; Diversification. 
505 8 |a Higher MomentsImplementation; CHAPTER 10 Active vs. Passive Strategies; Pricing Efficiency and the Active-Passive Debate; CHAPTER 11 Performance Measurement; Relating Measurement to Purpose; Spending Control; Measurement for Individual Passive Investing; Performance Reporting for Active Investors; Delegating Your Investments Based on Measurements; Measuring vs. Evaluating Performance; CHAPTER 12 Organizational Investing; Representative Investing Organizations; Delegating Superior Investing Results; Motivating Organizational Benefits; CHAPTER 13 Financial Advice and Society. 
505 8 |a Social Ideals and Financial Problem SymptomsRedesigning Society with Better Financial Advice; And in Conclusion ... ; APPENDIX A Traditional Asset Classes and Alternative Assets; Asset Class Defined; Common Stock Asset Classes; Real Estate; Alternative Assets; APPENDIX B Bond Features, Yield Measures, and Risks; Features of Bonds; Yield Measures and their Limitations; Call and Prepayment Risk; Credit Risk; APPENDIX C Probability Distributions Commonly Used in Investment Management; Normal Distribution; Student's t-Distribution; Stable Distributions and Stable Paretian Distributions. 
500 |a APPENDIX D Useful Financial Planning Formulas. 
520 |a A practical guide to adapting financial advice and investing to a post crisis world There's no room for ""business as usual"" in today's investment management environment. Following the recent financial crisis, both retail and institutional investors are searching for new ways to oversee investment portfolios. How do you combine growth with a focus on wealth preservation? This book offers you a fresh perspective on the changes in tools and strategies needed to effectively achieve this goal. Financial Advice and Investment Decisions provides today's investment professio. 
588 0 |a Print version record. 
504 |a Includes bibliographical references (pages 311-319) and index. 
650 0 |a Portfolio management. 
650 4 |a Business. 
650 4 |a Industrial management. 
650 7 |a BUSINESS & ECONOMICS  |x Management.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x Reference.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x Skills.  |2 bisacsh 
650 7 |a Portfolio management.  |2 fast  |0 (OCoLC)fst01072072 
655 4 |a Electronic books. 
700 1 |a Fabozzi, Frank J. 
776 0 8 |i Print version:  |a Wilcox, Jarrod W.  |t Financial Advice and Investment Decisions : A Manifesto for Change.  |d Hoboken : Wiley, ©2013  |z 9780470647127 
830 0 |a Frank J. Fabozzi series. 
856 4 0 |u https://doi.org/10.1002/9781118656761  |z Full Text via HEAL-Link 
994 |a 92  |b DG1