Critical analysis of the Capital Asset Pricing Model (CAPM) and Arbitrage Pricing Theory (APT). Fixed Income Management:
"Modern Investment Theory" by Robert Haugen is a comprehensive and authoritative textbook that provides a thorough examination of investment theory and its applications. While the book assumes a high level of technical expertise, it is an invaluable resource for advanced undergraduate and graduate students, investment professionals, and researchers in the field of finance and investments. robert haugen modern investment theorypdf
: He pioneered the use of advanced statistical modeling to score stocks based on over 60 factors (like liquidity and cheapness) to predict future payoffs. Critical analysis of the Capital Asset Pricing Model