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Capital Ideas: The Improbable Origins of Modern Wall Street
by Peter L. Bernstein
Product Group: Book
Publisher: Free Press (1991-12-16)
ISBN: 0029030110
EAN: 9780029030110
Binding/Media: Hardcover - 300 pages
SKU: 071017002
Condition: Used: Very Good
Comments: This Ex-Library Company copy is in excellent condition. No visible markings, highlights, underlining, tears. Clean tight text and spine. There is a library pocket on the inside back cover. No Dust Jacket. Hard Cover is clean with a sticker on bottom spine. Light shelf/edge wear. Very interesting copy at an affordable price. (K 42)
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Product Description
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.
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