Capital Ideas: The Improbable Origins of Modern Wall Street

By Peter L. Bernstein

Tracing the Evolution of Modern Investment Theory

Explore the groundbreaking ideas that transformed Wall Street.

Overview

Capital Ideas offers a captivating look into the history and evolution of modern investment theory. Peter L. Bernstein traces the journey from early financial theories to real-world applications, detailing how scholars and economists reshaped the landscape of investment management.

What’s Inside?

• Profiles of Pioneering Economists – Learn about figures like Harry Markowitz, William Sharpe, Myron Scholes, and Robert Merton.
• The Development of Risk and Valuation Theories – Understand key concepts that underpin today’s financial markets.
• Real-World Applications – See how academic theories were implemented in investment strategies.
• Insightful Analysis – A deep dive into the minds that shaped financial innovation.

Who Should Read This?

• Finance Professionals – Gain insight into the origins of modern portfolio theory.
• Investors – Understand the principles behind risk and return strategies.
• Students of Economics and Finance – Essential reading for those interested in financial markets.

Praise for Capital Ideas

“A must-read for anyone interested in the evolution of investment strategies and financial thought.”

Final Thoughts

Bernstein’s Capital Ideas is a definitive work that brings investment theories to life, illustrating how they shaped the modern financial world. A must-have for finance professionals, scholars, and investors.

ISBN-13: 9780029030127

ISBN-10: 0029030129