Streetwise: The Best of the Journal of Portfolio Management [Paperback]

Peter L. Bernstein (Editor), Frank J. Fabozzi (Editor)

Book Description

Publication Date: January 19, 1998

Streetwise brings together classic articles from the publication that helped revolutionize the way Wall Street does business. During the recession of the early 1970s, investment professionals turned to the theories of a small band of mathematical economists, whose ideas on such topics as portfolio development and risk management eventually led to the reform and maintenance of entire economies. This was the first time economists and practitioners had joined forces to such remarkable effect. Economist and money manager Peter Bernstein sought to encourage this exchange when, in 1974, he founded The Journal of Portfolio Management (JPM). For this present volume, Bernstein and JPM editor Frank Fabozzi have selected forty-one of the most influential articles to appear in the journal over the past twenty-five years, some of them written by Nobel laureates and all aimed at stimulating dialogue between academic economists wishing to understand the real-world problems of finance and investment professionals wanting to bring the most advanced theoretical work to bear on commerce.

Financial economics is a youthful but vital field. Streetwise not only reflects its fascinating history but through articles on topics ranging from stock prices and risk management to bonds and real estate also offers relevant insights for today.

The contributors are: R. Akhoury, R. D. Arnott, G. L. Bergstrom, G. O. Bierwag, F. Black, R. Bookstaber, K. Cholerton, R. Clarke, D. M. Cutler, C. P. Dialynas, P. O. Dietz, D. H. Edington, M. W. Einhorn, J. Evnine, R. Ferguson, P. M. Firstenberg, H. R. Fogler, F. Garrone, R. Grieves, R. C. Grinold, D. J. Hardy, D. P. Jacob, B. I. Jacobs, R. H. Jeffrey, R. N. Kahn, G. G. Kaufman, M. Kritzman, R. Lanstein, C. M. Latta, M. L. Leibowitz, K. N. Levy, R. Lochoff, R. W. McEnally, K. R. Meyer, E. M. Miller, A. F. Perold, P. Pieraerts, J. M. Poterba, K. Reid, R. R. Reitano, R. Roll, B. Rosenberg, S. A. Ross, M. Rubinstein, A. Rudd, P. A. Samuelson, R. Schweitzer, C. Seix, W. F. Sharpe, B. Solnik, L. H. Summers, A. L. Toevs, J. L. Treynor, A. Weinberger, and R. C. Zisler.

Editorial Reviews

From the Back Cover

"[This] volume of outstanding articles. . .should attract both practitioners who want to know what is relevant and useful in financial theory and theoreticians who would like to see how theory is used in practice."--Harry M. Markowitz, 1990 Nobel Laureate in Economics

Product Details

• Paperback: 325 pages
• Publisher: Princeton University Press (January 19, 1998)
• Language: English
• ISBN-10: 0691011281
• ISBN-13: 978-0691011288
• Product Dimensions: 11 x 8.5 x 0.8 inches
• Shipping Weight: 1.7 pounds (View shipping rates and policies)
• Average Customer Review: 2.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #1,313,419 in Books (See Top 100 in Books)

More About the Author

Frank J. Fabozzi is Professor in the Practice of Finance and Becton Fellow at the Yale School of Management and Editor of the Journal of Portfolio Management. He is a Chartered Financial Analyst and earned a doctorate in economics from the City University of New York.

Customer Reviews

Most Helpful Customer Reviews

2 of 3 people found the following review helpful:

4.0 out of 5 stars Excellent for those interested in PM, August 24, 1998

By A Customer

This review is from: Streetwise: The Best of the Journal of Portfolio Management (Paperback)

This is an excellent book for those who are entering or who are contemplating the field of portfolio management. Provides basic to intermediate level readers to some of the more interesting problems in portfolio management.

3 of 8 people found the following review helpful:

1.0 out of 5 stars 25 bucks for a bunch of old copies!, August 5, 1998

By A Customer

This review is from: Streetwise: The Best of the Journal of Portfolio Management (Paperback)

It's just a lot of very old copies (we call it classics) of the Journal of Portfolio Managmt and no new ideas from these 2 good "authors" (they write nothing here). Few good, many unbearable articles for the ones that are solely interested in finance history.