How the greatest thinkers in finance changed the field and how their
wisdom can help investors today
Is there an ideal portfolio of investment assets, one that perfectly
balances risk and reward? In Pursuit of the Perfect Portfolio examines
this question by profiling and interviewing ten of the most prominent
figures in the finance world--Jack Bogle, Charley Ellis, Gene Fama,
Marty Leibowitz, Harry Markowitz, Bob Merton, Myron Scholes, Bill
Sharpe, Bob Shiller, and Jeremy Siegel. We learn about the personal and
intellectual journeys of these luminaries--which include six Nobel
Laureates and a trailblazer in mutual funds--and their most innovative
contributions. In the process, we come to understand how the science of
modern investing came to be. Each of these finance greats discusses
their idea of a perfect portfolio, offering invaluable insights to
today's investors.
Inspiring such monikers as the Bond Guru, Wall Street's Wisest Man, and
the Wizard of Wharton, these pioneers of investment management provide
candid perspectives, both expected and surprising, on a vast array of
investment topics--effective diversification, passive versus active
investment, security selection and market timing, foreign versus
domestic investments, derivative securities, nontraditional assets,
irrational investing, and so much more. While the perfect portfolio is
ultimately a moving target based on individual age and stage in life,
market conditions, and short- and long-term goals, the fundamental
principles for success remain constant.
Aimed at novice and professional investors alike, In Pursuit of the
Perfect Portfolio is a compendium of financial wisdom that no market
enthusiast will want to be without.
