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A. Craig MacKinlay og Andrew W. Lo

Bøger af A. Craig MacKinlay og Andrew W. Lo

'A Non-Random Walk Down Wall Street'
'A Non-Random Walk Down Wall Street'

Bog | Engelsk

For over half a century, financial experts have regarded the movements of markets as a random walk--unpredictable meanderings akin to a drunkard's unsteady gait--and this hypothesis has become a cornerstone of modern financial economics and many inves