Capital ideas : the improbable origins of modern Wall Street /

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Bibliographic Details
Author / Creator:Bernstein, Peter L.
Imprint:New York : Free Press ; Toronto : Maxwell Macmillan Canada ; New York : Maxwell Macmillan International, c1992.
Description:xi, 340 p. : ill. ; 25 cm.
Securities industry -- United States
New York (State) -- New York -- Wall Street.
Format: Print Book
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ISBN:0029030110 : $24.95
Notes:Includes bibliographical references (p. 319-329) and indexes.
Summary:When the recession of 1974 hit Wall Street, the investments profession desperately turned to the theories of a small and unlikely group of academics for guidance in finding a way to regain the value of their clients' holdings. Some of these scholars had begun to study stock prices merely as an expedient way to test the properties of large numbers, but inadvertently, they laid the intellectual foundation for a revolution in commerce. Peter L. Bernstein shows how Wall Street first fought, and then embraced, the advances wrought in the academic seminars and technical journals that ultimately transformed the art of investing.
Physical Description:xi, 340 p. : ill. ; 25 cm.
Bibliography:Includes bibliographical references (p. 319-329) and indexes.
ISBN:0029030110 : $24.95