Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk
Book •
William Sharpe's 'Capital Asset Prices' presents the Capital Asset Pricing Model (CAPM), a cornerstone of modern financial theory.
The book elucidates how risk and return are related in efficient markets.
It provides a framework for understanding how assets should be priced based on their systematic risk.
Sharpe's model has had a profound impact on portfolio management and asset allocation.
The book is a critical resource for students and professionals in finance, offering insights into the fundamental principles that drive investment decisions.
The book elucidates how risk and return are related in efficient markets.
It provides a framework for understanding how assets should be priced based on their systematic risk.
Sharpe's model has had a profound impact on portfolio management and asset allocation.
The book is a critical resource for students and professionals in finance, offering insights into the fundamental principles that drive investment decisions.
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Benjamin Felix
Episode 369: The Most Important Quotes in Investing
