Rented from apex_media
To Rent, select Shipping State from options above
Due Date: May 28, 2015
FREE return shipping at the end of the semester. Access codes and supplements are not guaranteed with rentals.
FREE Shipping on orders over $35.
Used: Good | Details
Sold by apex_media
Condition: Used: Good
Comment: Ships direct from Amazon! Qualifies for Prime Shipping and FREE standard shipping for orders over $25. Overnight and 2 day shipping available!
Access codes and supplements are not guaranteed with used items.
Sell yours for a Gift Card
We'll buy it for $11.02
Learn More
Trade in now
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Running Money: Professional Portfolio Management (Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate) Hardcover – January 28, 2010

ISBN-13: 978-0073530581 ISBN-10: 0073530581 Edition: 1st

Used
Price: $31.21
Rent
Price: $14.99 - $15.00
11 New from $33.00 36 Used from $27.90
Rent from Amazon Price New from Used from
eTextbook
"Please retry"
Hardcover
"Please retry"
$14.99
$33.00 $27.90
Paperback
"Please retry"
$68.51 $59.24
Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student


NO_CONTENT_IN_FEATURE

Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Series: Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate
  • Hardcover: 576 pages
  • Publisher: McGraw-Hill/Irwin; 1 edition (January 28, 2010)
  • Language: English
  • ISBN-10: 0073530581
  • ISBN-13: 978-0073530581
  • Product Dimensions: 8.2 x 1.1 x 10 inches
  • Shipping Weight: 2.7 pounds
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (17 customer reviews)
  • Amazon Best Sellers Rank: #584,395 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

Scott Stewart is Research Associate Professor in the Finance and Economics Department at Boston University School of Management, and Faculty Director of the Master of Science in Investment Management (MSIM) Program. Dr. Stewart joined Boston University following a career in portfolio management running global equity, fixed income and asset allocation money, including 14 years at Fidelity Investments, where he was founder and Equity Group Leader of the Structured Investments GroupHe earned his MBA and Ph.D. in finance at Cornell University and is a CFA charterholder.

Christopher Piros has more than 20 years of experience in investment research, strategy, and portfolio management roles. Mostly recently, he was Director of Investment Strategy & Portfolio Management at Prudential Investments, LLC where he was responsible for establishing and leading PI’s discretionary portfolio management activities. He and his team also formulated the investment strategy advice disseminated through the firm’s wealth management platform. Dr Piros earned his Ph.D. in Economics at Harvard University and is a CFA charterholder.

Jeffrey Heisler is Chief Risk Officer at Venus Capital Management, an investment advisor that specializes in relative value trading strategies in emerging markets. Previously, he was a Senior Analyst for Gottex Fund Management, a leading fund of funds manager. Dr. Heisler was an Assistant Professor in the Finance and Economics Department at Boston University School of Management. He earned his MBA at the University of Chicago and his Ph.D. in finance at New York University. He is also a CFA charterholder.

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

4.6 out of 5 stars
5 star
15
4 star
0
3 star
1
2 star
0
1 star
1
See all 17 customer reviews
A must-have book for investment professionals!
Gaurav Nagpaul
The book describes advanced techniques and then shows you how to implement them on spreadsheets for real life application with step by step instruction.
Nick DePrizio
It focuses on asset allocation, equity and fixed income portfolio management as well as the investment business itself.
Tim

Most Helpful Customer Reviews

By Apollinaire on August 10, 2014
Format: Hardcover Verified Purchase
This is not a bad intro book to basic portfolio management. Nothing new or cutting edge. No calling into question of methods, but it's a good place to start.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
Format: Hardcover Verified Purchase
Great Read. Highly informative covering all the major concepts of managing money.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
0 of 1 people found the following review helpful By JThomas on February 29, 2012
Format: Hardcover
As a Business Analyst at a financial technology firm, I found the book very useful for my research project on Fixed Income Portfolios. The excel spreadsheet examples were exactly what I was looking for in my search for an intuitive explanation of strategies employed in Fixed Income Portfolio Management. I enjoyed the style of writing used by the authors in addition to the real life scenarios and 'stories' used in the book.

If you've been searching for a book that gives you an intuitive perspective of how Portfolio Management works in the real world, this is it!
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
0 of 1 people found the following review helpful By Finance Professor on November 8, 2011
Format: Hardcover
This book should sell well. Until now there's been nothing good out there on this topic. I'm a finance professor at Boston University and have worked closely with professor Scott Stewart. He has a unique perspective on education--he knows the practice, is well versed in the theory, and knows how to teach advanced investments in an apprenticeship style. He brings all of this to the textbook RUNNING MONEY: Professional Portfolio Management.

The book is good for a course, but also as a reference for the investor. The text is comprehensive and the topics are interesting, and well developed. Spreadsheets are used as a way to teach complex techniques using a hands-on approach.

As a sample, take a look at an mp4 recording of an interview of Dr. Stewart by the CFA Institute: [..]

Or take a look at the publisher McGraw Hill's online brochure: [..]

I recommend the book. This is not pabulum. It is really good stuff.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
Format: Hardcover
This book lays the foundation for effectively managing investment portfolios. It starts with understanding your clients objectives and moves into a deeper analysis of managing money. The Excel tools are hands on and allow you to dig into the numbers and apply them in real world scenarios. As the head of a family office, I practice the principles taught in this book every day. "Running Money" should be on every professional money manager's bookshelf as a standard reference tool in portfolio management.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
0 of 2 people found the following review helpful By Paul W. Lewis on March 11, 2013
Format: Hardcover
My first reaction to this book remains my strongest reaction.
I would use it as a screening tool in hiring. If an aspiring portfolio
manager hasn't read this book, what else is missing in his/her background?
I speak with over 50 years experience managing institutional, endowment
and individual accounts.

Running Money is required reading for anyone managing client investments,
managing client expectations, and managing investment firms of all stripes.
It is a unique and outstanding one-stop survey of the current demands put on
a portfolio manager. Over the years portfolio managers have had to run ever
faster as competitive necessity and technology have required and enabled new
approaches to managing portfolios, evaluating individual investments and evaluating
the proliferating diversification opportunities offered. The authors demystify the menu of
frequently misunderstood choices and their unintended consequences. And
they leave room for simpler, old fashioned portfolio management
Running Money: Professional Portfolio Management (Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate)
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
0 of 2 people found the following review helpful By Curt J on December 28, 2011
Format: Hardcover
As a professional portfolio manager I recommend Running Money to portfolio managers, analysts, and others wishing to further their practical understanding of portfolio management. This book was helpful to me during my graduate studies and serves as a great referance tool for me in my professional life. A variety of different investment stategies are covered in this book. I found the broad asset allocation strategies to be most helpful and also learned quite a bit about strategies involving individual securities. Most of all, I found the spreadsheet examples to be excellant learning tools. The spreadsheets were interactive and walked me step by step through a variety of different topics including asset alloation, portfolio construction, and performance attribution. This book is a must have!
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
0 of 2 people found the following review helpful By Elliott T. Clarke on December 27, 2011
Format: Hardcover
Running Money has proven to be an invaluable resource both academically and professionally.

Not only does this text aid those preparing for the CFA curriculum and graduate level finance course work, but it is directly applicable to those who work in the investment field.

I have found myself referring to Running Money on numerous occassions after meeting with portfolio managers and discussing their portfolio construction techniques and philosophy. Stewart, Piros, and Heisler really drill into not only why certain techniques are used, but how they are applied and can be modeled. To that extent, there are supplemental materials that are packaged with the book to take the reader through the analytics and excel templates and essentially provide fundamental analyst training from the ground up. This alone will separate Running Money from the majority of other portfolio management publications.

The application of investment theory and thorough real life discussions on what works, hasn't worked, and why provides an enjoyable backdrop for the more rigorous material as told by a successful portfolio manager. The insight into fundamental research as coupled with asset allocation covers the scope of what an investment professional must always be monitoring and implementing together, as opposed to a stand alone basis.

The authors recognize and detail that investments on a professional level are made on the behalf of their clients, and ensuring client objectives are met through ethical standards is paramount to success.

I would recommend this book to anyone looking to enter the investment business, as well as seasoned investors. The insights in Running Money are too important to be overlooked.

Check out more details about Dr. Scott Stewart, CFA on Google or on Youtube.
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again