Investing in the Modern Age

Rachel E S Ziemba and William T Ziemba
Additional contact information
Rachel E S Ziemba: Roubini Global Economics, UK
William T Ziemba: University of British Columbia, Canada

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: This book discusses many key topics in investment and risk management, the global economic situation and the shift in global investment strategies. It was largely written during the period of 2007-12, one of the most tumultuous times in global financial markets which called into question not only tenets of economic forecasting and also asset allocation and return strategies. It contains studies of how investors lose money in derivative markets, examples of those who did not and how these disasters could have been prevented. The authors draw some conclusions on the impact of the structural shifts currently underway in the global economy as well as how cyclical trends will affect these industries, the globe and key sectors. The authors zoom in on key growth areas, including emerging markets, their interlinkages and financial trends.

Keywords: Hedge Funds; Sovereign Wealth Funds; Investment Agglomerations; Endowment Investing; Stock Market Crashes and Their Prediction; Global Economic Situation; Global Investment Strategies; Kelly and Fractional Kelly Wagering Strategies; Calendar Anomalies; Political Party; Time of Year Effects (search for similar items in EconPapers)
Date: 2013
ISBN: 9789814518833
References: Add references at CitEc
Citations: View citations in EconPapers (1)

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https://www.worldscientific.com/worldscibooks/10.1142/8793 (text/html)
Ebook Access is available upon purchase

Chapters in this book:

Ch 1 Arbitrage, Risk Arbitrage and the Favorite-longshot Bias , pp 3-12

Rachel E. S. Ziemba and William T. Ziemba

Ch 2 The Bond Stock Earnings Yield Differential Model , pp 13-23

Rachel E. S. Ziemba and William T. Ziemba

Ch 3 Investor Camps , pp 25-32

Rachel E. S. Ziemba and William T. Ziemba

Ch 4 Average Hedge Funds and their Evaluation , pp 35-43

Rachel E. S. Ziemba and William T. Ziemba

Ch 5 Incentives and Risk Taking in Hedge Funds , pp 45-53

Rachel E. S. Ziemba and William T. Ziemba

Ch 6 Evaluating Superior Hedge Funds , pp 55-74

Rachel E. S. Ziemba and William T. Ziemba

Ch 7 Investment in Own-Company Stock , pp 75-83

Rachel E. S. Ziemba and William T. Ziemba

Ch 8 Cutting Through the Hype on Sovereign Wealth Funds , pp 85-94

Rachel E. S. Ziemba and William T. Ziemba

Ch 9 A New Age for Liquidity , pp 95-99

Rachel E. S. Ziemba and William T. Ziemba

Ch 10 Government Owned Pensions: Asset Allocation and Governance Issues , pp 101-111

Rachel E. S. Ziemba and William T. Ziemba

Ch 11 Update on Yale's Approach to Endowment Investing , pp 113-119

Rachel E. S. Ziemba and William T. Ziemba

Ch 12 A Risk Arbitrage Convergence Trade: The Nikkei Put Warrant Market of 1989–90 , pp 121-126

Rachel E. S. Ziemba and William T. Ziemba

Ch 13 Kelly Capital Growth Investing , pp 127-148

Rachel E. S. Ziemba and William T. Ziemba

Ch 14 InnoALM, the Innovest Austrian Pension Fund Financial Planning Model , pp 149-168

Rachel E. S. Ziemba and William T. Ziemba

Ch 15 Investing in the January Turn-of-the-Year Effect with Index Futures , pp 171-190

Rachel E. S. Ziemba and William T. Ziemba

Ch 16 The January Barometer , pp 191-203

Rachel E. S. Ziemba and William T. Ziemba

Ch 17 Sell in May and Go Away and the Effect of the Fed , pp 205-211

Rachel E. S. Ziemba and William T. Ziemba

Ch 18 60-40 Pension Fund Mixes and Presidential Party Effects , pp 213-225

Rachel E. S. Ziemba and William T. Ziemba

Ch 19 Thoughts on the VIX Fear Index , pp 229-238

Rachel E. S. Ziemba and William T. Ziemba

Ch 20 Changing Correlations: Rising VIX and Violent Market Moves , pp 239-254

Rachel E. S. Ziemba and William T. Ziemba

Ch 21 Stock Market Crashes in 2006–2009: Were We Able to Predict Them? , pp 257-287

Rachel E. S. Ziemba and William T. Ziemba

Ch 22 Three Mini Crashes in US and World Equity Markets , pp 289-302

Rachel E. S. Ziemba and William T. Ziemba

Ch 23 What Signals Worked and What Did Not, 1980–2009 , pp 303-312

Rachel E. S. Ziemba and William T. Ziemba

Ch 24 What Signals Worked and What Did Not, 1980–2009, Part II , pp 313-322

Rachel E. S. Ziemba and William T. Ziemba

Ch 25 What Signals Worked and What Did Not, 1980–2009, Part III , pp 323-336

Rachel E. S. Ziemba and William T. Ziemba

Ch 26 How to Lose Money in Derivatives and Examples of Those Who Did , pp 337-365

Rachel E. S. Ziemba and William T. Ziemba

Ch 27 Understanding the Financial Markets in the Subprime Era: The 2007/9 Crisis , pp 369-378

Rachel E. S. Ziemba and William T. Ziemba

Ch 28 Bubbles , pp 379-386

Rachel E. S. Ziemba and William T. Ziemba

Ch 29 China: Navigating the Olympic Risks , pp 387-394

Rachel E. S. Ziemba and William T. Ziemba

Ch 30 Turkey's Juggling Act: Can it Live up to Potential? , pp 395-403

Rachel E. S. Ziemba and William T. Ziemba

Ch 31 Testing Resiliency: Protest and Natural Disasters , pp 405-410

Rachel E. S. Ziemba and William T. Ziemba

Ch 32 It's a Gas, Gas, Gas! , pp 411-418

Rachel E. S. Ziemba and William T. Ziemba

Ch 33 Thoughts on the Current Market Environment, Risks and Returns , pp 419-431

Rachel E. S. Ziemba and William T. Ziemba

Ch 34 What's Wrong with the US? , pp 433-447

Rachel E. S. Ziemba and William T. Ziemba

Ch 35 Investing Around the World , pp 449-462

Rachel E. S. Ziemba and William T. Ziemba

Ch 36 Blunder or Correct Decision? The Belichick Decision to go for it on 4th Down , pp 465-469

Rachel E. S. Ziemba and William T. Ziemba

Ch 37 The 2010 and 2011 Super Bowls and the Elo Ranking System , pp 471-481

Rachel E. S. Ziemba and William T. Ziemba

Ch 38 Risk Arbitrage in the NFL 2012 Playoffs and the Super Bowl , pp 483-492

Rachel E. S. Ziemba and William T. Ziemba

Ch 39 The One That Got Away: The Hitable $2 Million Pick 6 at the Breeders' Cup , pp 493-497

Rachel E. S. Ziemba and William T. Ziemba

Ch 40 Two Super Horses , pp 499-505

Rachel E. S. Ziemba and William T. Ziemba

Ch 41 Farewell to the Queen and to the Princess of US Thoroughbred Racing , pp 507-513

Rachel E. S. Ziemba and William T. Ziemba

Ch 42 The Dr. Z Place and Show Racetrack Betting Systems Past and Present , pp 515-537

Rachel E. S. Ziemba and William T. Ziemba

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