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· 분류 : 외국도서 > 경제경영 > 투자/증권 > 금융자산 관리
· ISBN : 9781394308231
· 쪽수 : 416쪽
· 출판일 : 2025-02-05
목차
Foreword xiii?
Preface xvii?
About the Authorsxxi?
Acknowledgments xxiii?
Chapter 1: Introduction: The Puzzle of the Missing Billionaires 1?
Section I: Investment Sizing 13?
Chapter 2: Befuddled Betting on a Biased Coin 15?
Chapter 3: Size Matters When It’s for Real 27?
Chapter 4: A Taste of the Merton Share 41?
Chapter 5: How Much to Invest in the Stock Market? 49?
Chapter 6: The Mechanics of Choice 67?
Chapter 7: Criticisms of Expected Utility Decision-making 103?
Chapter 8: Reminiscences of a Hedge Fund Operator 117?
Section II: Lifetime Spending and Investing 127?
Chapter 9: Spending and Investing in Retirement 129?
Chapter 11: Spending Like You Won’t Live Forever 165?
Section III: Where the Rubber Meets The Road 173?
Chapter 12: Measuring the Fabric of Felicity 175?
Chapter 13: Human Capital 193?
Chapter 14: Into the Weeds: Characteristics of Major Asset Classes 201?
Chapter 15: No Place to Hide: Investing in a World with No Safe Asset 235?
Chapter 16: What About Options? 245?
Chapter 17: Tax Matters 265?
Chapter 18: Risk Versus Uncertainty 275?
Section IV: Puzzles 285?
Chapter 19: How Can a Great Lottery Be a Bad Bet? 287?
Chapter 20: The Equity Risk Premium Puzzle 291?
Chapter 21: The Perpetuity Paradox and Negative Interest Rates 297?
Chapter 22: When Less Is More 303?
Chapter 23: The Costanza Trade 309?
Chapter 24: Conclusion: U and Your Wealth 319?
Bonus Chapter: Liar’s Poker and Learning to Bet Smart 327?
Cheat Sheet 335?
A Few Rules of Thumb 340?
Endnotes 343?
Suggested Reading 357?
References 359?
Index 373














