Providing cutting-edge perspectives and real-world insights into the greater utility of probability and its applications, the Handbook of Probability offers an equal balance of theory and direct applications in a non-technical, yet comprehensive, format.

Investment Portfolios and Stock Pricing

Craig G.Rennie


Investment is the process of the deferral of current consumption for expected greater future consumption. To achieve increased wealth and higher levels of future consumption, investors construct and manage baskets, or portfolios, of assets the ultimate realized value of which is not fully known. These ...

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