Книга Питера Бернстайна "Экономист на Уолл-стрит" представляет собой сборник его работ 1955-1970 годов. Эта книга особенно интересна, так как многие наблюдения Бернстайна отражают наиболее важные проблемы настоящего - перспективы инфляции и способы ее контроля, тонкости денежно-кредитной политики, будущее доллара и дилеммы личных финансов. Бернстайн также затрагивает вопросы развития управления портфелем ценных бумаг, включая новое влияние институциональных инвесторов и правила оптимального распределения активов. Он добавляет легкие штрихи, предаваясь фантазиям и философским размышлениям по самым разным темам.
Спустя столько лет не удивительно, что некоторые прогнозы Бернстайна оказались ошибочными. Но почему? В каждом случае эти прогнозы были искажены воспоминаниями о прошлом. Здесь есть большой урок.
Книга "Экономист на Уолл-стрит" - замечательное произведение, которое не потеряло актуальности и содержит глубокие идеи об искусстве управления инвестициями, финансовых рынках, золоте, долларе и радости бытия.
Arthur Levitt Jr's "Notes on the Sanctity of Gold" in Peter L. Bernstei n's "Finance Classics" examines topics like the economic value of money and how it affects investment securities. This volume includes essays including his thoughts on these subjects and other financial delusions as well as his philosophy on monetary policy. One interesting aspect is Bernstein's prediction that inflation remains infrequent, even in an inflationary economy. Later chapters discuss the Risks and Dilemmas Faced by Household Inflation, Portfolio Management, Institutional Investors, and Optimal Asset Mixes. As original as Ghost Writings were in Bernstein's day, they still hold weight and provide insights into current topics of concern, such as our Lord in the Art of Investment Management. Plus it's fun to read Bernstein reminisce about some key events in investing history.
Электронная Книга «Economist on Wall Street (Peter L. Bernstein's Finance Classics). Notes on the Sanctity of Gold, the Value of Money, the Security of Investments, and Other Delusions» написана автором Arthur Levitt. Jr. в году.
Минимальный возраст читателя: 0
Язык: Английский
ISBN: 9780470384299
Описание книги от Arthur Levitt. Jr.
One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as Economist on Wall Street, A Primer on Money, Banking, and Gold, and The Price of Prosperity—which have forewords by financial luminaries and new introductions by the author—you can enjoy some of the best of Bernstein in his earlier Wall Street days. Peter Bernstein's Economist on Wall Street is a collection of writings from 1955 to 1970. The book is especially interesting because so many of Bernstein's observations reflect the most important issues of the present—the outlook for inflation and its control, the intricacies of monetary policy, the future of the dollar, and the dilemmas of household finances. Bernstein was also concerned with developments in portfolio management, including the new influence of institutional investors and rules for optimal asset mixes. He provides light touches, too, as he indulges in fantasies and philosophical musings over a wide variety of topics. With so many years of hindsight, we should not be surprised to find some of Bernstein's predictions running awry. But why? In each instance, these forecasts were biased by memories of the past. There is a big lesson to be learned there. Economist on Wall Street is a remarkable book, with lasting relevance and keen insights into the art of investment management, the capital markets, gold and the dollar, and the fun of being alive.