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Cuchillo de palo es un antes y un después en la obra de César Pérez Gellida, su novela más psicológica y de carga sensorial más intensa hasta el momento, y descubre, no solo a un gran autor de novela negra, sino a un narrador brillante y sobresaliente.

Segunda entrega de la trilogía «Refranes, canciones y restos de sangre».

Tras ser apartado del Cuerpo, Sancho ha resuelto dedicarse al suyo entregándose a los placeres de la carne en el lugar más apartado de sí mismo que ha logrado encontrar. Pero no hay rincón donde esconderse cuando es la desventura quien persigue.

Paralelamente, Erika, Ólafur y su nuevo compañero, el arcángel redimido, Uriel, emprenden la obstinada persecución de los miembros de la infame organización criminal conocida como la Congregación de los Hombres Puros. Su objetivo no es otro que alcanzar la cúspide, pero la escalada les deparará una serie de riesgos que ni siquiera han sido capaces de evaluar.

En esta nueva entrega, Pérez Gellida nos arrastra en un vertiginoso descenso a los infiernos para mostrarnos las grietas y aristas que dibujan la cara oculta del ser humano. Cuchillo de palo se revela como la novela más retorcida y sensorial del género Gellida.

Narrativa audiovisual llevada al extremo.

«Caminaba cabizbajo, sumiso. Lo reconozco, mi mente se había rendido a su suerte y había abandonado aquel cuerpo sentenciado. No pensaba en lo cerca que habíamos estado de lograrlo y tal era mi capitulación que ni siquiera pensaba en cómo eludir la muerte. Consciente, pero bloqueado. Quizá esa fuera mi forma de reaccionar ante la derrota, aceptándola, como cuando el equipo contrario te ha ganado en buena lid. Enhorabuena y al tercer tiempo. Elegí resignarme con dignidad y, sumido en aquel estado contemplativo, empezó a sonar The End de The Doors en mi cabeza: This is the end, beautiful friend.»

Reseña:
«Gellida no se rige por los clichés comerciales, sino que va mucho más allá, hasta el punto de haber creado el gellidismo literario. (...) Un Gellida es una pieza inconfundible. (...) Gellida ofrece en este libro una lectura en carne viva.»
M. Giráldez, El Correo Gallego

«En esta nueva entrega, Pérez Gellida nos arrastra en un vertiginoso descenso a los infiernos para mostrarnos las grietas y aristas que dibujan la cara oculta del ser humano (#) Con un final sorprendente y creíble, el autor hace gala de un humor negro que hace más grata su lectura y como ya he dicho, la música que gratamente acompaña sus páginas.»
Universo La maga

«Es una novela negra y cruda, en la cual se percibe el dominio que tiene su autor de la técnica en cuanto a estructura y contenido, que rezuma pasión y rabia. César ha conseguido pellizcar mi alma, atravesándome sin piedad, con algunas escenas rebosantes de emotividad, tensión y sufrimiento.»
Blog Mis lecturas de retos

• Sales Rank: #363485 in eBooks
• Published on: 2016-10-06
• Released on: 2016-10-06
• Format: Kindle eBook

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0 of 0 people found the following review helpful.
Excelente libro! Me lo devoré en una semana! ...
By M. Fabrega
Excelente libro! Me lo devoré en una semana! Da unos giros impresionantes y totalmente inesperados. Te engancha de principio a fin. No puedo esperar a que salga el tercer libro

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[E788.Ebook] PDF Ebook Junket: The Dog Who Liked Everything "Just So", by Anne H. White

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Play script adapted by Aurand Harris from the novel by Anne H. White. Spirited modern comedy, about three children and a dog. One set. Contemporary costumes. Cast: 2 F, 2 M, 3 children, 1 dog.

"It smells funny," says Michael when his family moves to the country. "There's nothing to hear," says Montgomery, "and no stores with candy and ice cream." "Where do you skate?" says Margaret. "There's nothing to do." Then they meet Junket, an enterprising Airedale dog, who leads them on a trail of exciting experiences. Unfortunately, Father has ruled "Positively No Animals Allowed" - - and the children are hard put to justify their new friend, until Junket takes the entire matter into his own hands.

• Sales Rank: #1090854 in Books
• Published on: 1955-03-01
• Number of items: 1
• Binding: Hardcover
• 160 pages

Most helpful customer reviews

0 of 0 people found the following review helpful.
Five Stars
By Diane Schael
This was my favorite book from childhood. So glad to have it in my library.

0 of 0 people found the following review helpful.
Five Stars
By Elizabeth, Durham NC
Absolutely charming.

3 of 3 people found the following review helpful.
a wonderful story
By Meem
It's been 44 years since my 6th grade teacher read the book to our class. I've thought of it often as one of my favorite childhood stories.

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[X842.Ebook] Download Daddy's Playhouse (The Playhouse Series Book 1), by B. Moore

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Daddy’s Playhouse, owned by Don Sarentino, is the hottest and most respected strip club in Atlanta. A-list stars and ballers frequently visit the Playhouse for live and lustful entertainment. The Playhouse women practically run the city, but what will happen when the new chick hops off the Greyhound bus and wants to work?

• Sales Rank: #693654 in eBooks
• Published on: 2015-07-14
• Released on: 2015-07-14
• Format: Kindle eBook

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3 of 3 people found the following review helpful.
AMAZING BOOK!!!!!
By Lynne
Could not put this book down!!!! Finished in less than 4 hours!! Waiting for part 2!! This book showed What a man will do just to be with someone he is infatuated with. It let you see that those who are closest to you will hurt you the most. You feel as if you knew the characters personally. It has so much that a woman struggling can relate to. B. Moore has showed her true talent as a writer. Let me just say the ending will BLOW YOUR MIND AWAY!!!

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Leave you wanting Moore
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[U840.Ebook] Free Ebook The Essential Haiku: Versions of Basho, Buson, & Issa (Essential Poets)From The Ecco Press

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American readers have been fascinated, since their exposure to Japanese culture late in the nineteenth century, with the brief Japanese poem called the hokku or haiku. The seventeen-syllable form is rooted in a Japanese tradition of close observation of nature, of making poetry from subtle suggestion. Infused by its great practitioners with the spirit of Zen Buddhism, the haiku has served as an example of the power of direct observation to the first generation of American modernist poets like Ezra Pound and William Carlos Williams and also as an example of spontaneity and Zen alertness to the new poets of the 1950's.

This definite collection brings together in fresh translations by an American poet the essential poems of the three greatest masters: Matsuo Basho in the seventeenth century; Yosa Buson in the eighteenth century; and Kobayashi Issa in the early nineteenth century. Robert Haas has written a lively and informed introduction, provided brief examples by each poet of their work in the halibun, or poetic prose form, and included informal notes to the poems. This is a useful and inspiring addition to The Essential Poets series.

• Sales Rank: #60406 in Books
• Published on: 1995-08-01
• Released on: 1995-08-01
• Original language: English
• Number of items: 1
• Dimensions: 7.50" h x .88" w x 5.25" l, .67 pounds
• Binding: Paperback
• 329 pages

Features

• haiku
• Basho, Buson, Issa haiku

Amazon.com Review
An exquisite collection of the finest works of three distinct masters of the haiku tradition: Matsuo Basho (the ascetic and seeker), Yosa Buson (the artist), and Kobayashi Issa (the humanist).

The editor, Robert Hass, United States poet laureate, is the author of several books of poetry including Human Wishes as well as a book of criticism Twentieth Century Pleasures, for which he received The National Book Critics Circle Award. The book is one of the larger series of poetry collections, Essential Poets Series published by Ecco Press.

From Publishers Weekly
Hass ( Human Wishes ) defers to the complex syntactical gaps that separate the Japanese and English languages, calling his translations "versions." Here he presents three masters of the haiku form: Basho (1644-1694), the haiku poet most familiar to English readers; Buson (1716-1783), a visually oriented writer renowned in his time as a painter; and Issa (1763-1827), whose work is most poignant when he utilizes his ironic wit. Hass's obsessions, as evidenced by his other work, can be fitted under two rubrics, grief and pleasure, and he chooses a fair number of haiku to represent these poles. Yet the poems that merely observe nature's cyphers are most absorbing. Hass's signature is apparent in the mixture of sensual and temporal imagery: "The jars of octopus-- / brief dreams / under the summer moon" (Basho). Buson's images settle in the mind for days with their lush, unexpected vistas: "A field of mustard, / no whale in sight, / the sea darkening." Yet, surprisingly, it is Issa's haiku which may appeal most to Western readers. His benignly sardonic grasp of experience resonates with our late 20th-century cynicism: "New Year's Day-- / everything is in blossom! / I feel about average." Or: "I'm going out, / flies, so relax, / make love." Hass also includes samplings of each poet's prose, giving a deeper notion of their individual world views and aesthetics. Richly annotated, with illuminating essays on the poets and Japanese poetics, this anthology significantly broadens the pleasure of haiku for anyone unable to read them in the original.
Copyright 1994 Reed Business Information, Inc.

From Library Journal
Many versions of these simple poems exist in English, yet translators, who are often poets themselves, are led back to them time and time again by the urge somehow to get closer to the mark. This distinguished collection gathers together the three most highly regarded practitioners of haiku from different periods in Japanese history. The translations are presented in a fresh setting that offers a great deal of valuable background on the haiku form, the verse conventions from which it grew, and the difficulties inherent in translating from the Japanese. Examples from the prose works of each poet are included as well. The haiku stand on their own quite nicely in these strong versions, but the accompanying material and comparative context make this an attractive and valuable collection. Highly recommended.
Mark Woodhouse, Elmira Coll. Lib.,
Copyright 1994 Reed Business Information, Inc.

Most helpful customer reviews

36 of 37 people found the following review helpful.
Keep a Copy at Work and at Home
By Hortensia Anderson
I always find myself returning to this lovely collection
of haiku by Basho, Buson and Issa.
The translations capture both the distinctive styles of
the masters as well as the oft-mentioned "aha moment".
I have only to turn a few pages to feel inspiration,
motivation, exaltation and profound gratitude for these
brief jewels. How they transcend time and place!
Hass helpfully provides a wonderful introduction and
notes for these exquisitely crafted haiku. A recommended
book for the novice and advanced reader/writer/lover
of haiku.

38 of 40 people found the following review helpful.
A good book to add to any poetry collection
By badlydone
This book is a collection of haiku by three great Japanese masters- Basho, Buson and Issa who all lived between the seventeenth and the nineteenth centuries.
The book is divided into four sections, one on each master, followed by a section containing Basho's thoughts on haiku in general. Each of the first three sections starts with a brief but good introduction to the master followed by the translations of his haiku. Each section concludes with other pieces of writing (prose and haiku) by the poet. This helps to give a picture of the person behind the poem and some idea of the life and times that the poet lived in. Not being familiar with life in Japan from a few centuries ago, I found this very helpful in getting a better understanding of the context in which the poems are set.
There are notes at the back which explain some of the nuances and anything significant one has to know about certain Haiku. It helps to keep this in mind when reading the haiku. The fourth section in the book "Basho on Poetry" is a joy to read, and captures the spirit of Haiku. Each sentence here is worth preserving! There is also a list of books for further reading which I found useful.
Overall, this book is a good addition to the library, whether one is interested in writing Haiku or not.

26 of 28 people found the following review helpful.
Three Masters in the Haiku Tradition
By Terrie
This book features versions of about one hundred poems by each of three masters in haiku tradition, Matsuo Basho (1644-1694), Yosa Buson (1716-1783), and Kobayashi Issa (1763-1827). The introduction tells us that according to Japanese literary criticism, these three men represent three types of the poet. Basho is seen as the ascetic and seeker, Buson the artist, and Issa the humanist. The differences in each poet's style can be seen at a glance. This book contains interesting short biographies of each of the men as well as some of their prose and notes on the poems. There are a few interesting black and white illustrations throughout the book including some by Yosa Buson himself. The introduction by Robert Hass is a superb introduction to haiku itself.
These beautiful three line poems, located in Nature with their implied Buddhist reflection are each a meditation, a centering, and a crystalline moment of realization. Reading them has a way of bringing about calm and peace within the reader. The symbolism of the seasons and the Japanese habit of mind blend together in these poems to create an alchemy of reflection that is unsurpassed in literature. The exquisite skill of these three masters make their subject matter seem completely organic, without artifice. Each poem contains a unique "Ah!" experience because they pierce directly to the soul, activating the human capacity for seeing with a still mind and an observing heart.
If you are new to haiku this is a wonderful compendium of the best of the genre. If you are already a lover of haiku this book is a delightfully compact, essential package, a real treasure you are sure to enjoy again and again.

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[W317.Ebook] Download Housebuilder's Bible 11, by Mark Brinkley

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Whether you’re a first-time selfbuilder or seasoned professional, this book tells you how to succeed at housebuilding. It explains everything you need to know about managing a build, buying and using materials, finding and employing the right people – and doing it all without the pitfalls. Previous editions have won huge praise. ‘It contains all the things the trade know and take for granted, but that non-trade wouldn’t know,’ said one reader. Another wrote: ‘This is a fantastic book for anyone who wants to understand the options when building or improving a property.’ Written in a highly readable style this eleventh edition is fully updated and comes complete with tables for costing your building project.

• Sales Rank: #4832975 in Books
• Published on: 2016-01-01
• Released on: 2015-04-28
• Original language: English
• Number of items: 1
• Dimensions: 9.69" h x .80" w x 7.44" l, 1.46 pounds
• Binding: Paperback
• 224 pages

About the Author
Mark Brinkley, b 1953, is best-known as the author of the Housebuilder's Bible, a project he has been working on since 1993. Prior to that he worked as a builder and developer, and the book is based around his experiences and observations. He also writes regular columns in Homebuilding & Renovating magazine, and maintains a blog -- House 2.0 -- on housing matters. Or you can follow his sporadic Twitter feed @slopingsite He went to Trinity College, Cambridge in the 1970s and then worked in a variety of alternative jobs and activities. He began building in 1980 when he carried out an eco-renovation on his first house, and went on to work on a number of projects, including building his own home in 1992. The project gave him the impetus to start analysing and writing about the building process and he has spent the past twenty years studying the way we build homes in Britain. He lives in Cambridge and, when he is not writing or researching, he spends time pottering about, walking the country tracks, playing a little golf from time to time, and worrying about climate change, to very little effect. He plays guitar rather badly and has a soft spot for checked shirts and country music, suspecting he may have been a hillbilly in a former life. "That's quite enough gratuitous detail. If you want to know more about me and my work, visit my website at www.markbrinkley.net."

Most helpful customer reviews

2 of 2 people found the following review helpful.
Having said that I still learned some new things and it is a great book
By Dmitry
Haven't read it all yet. But I guess I expected something more practical then just theory. Having said that I still learned some new things and it is a great book

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[Y226.Ebook] Fee Download Introduction to Cable Television (CATV) 2nd Edition: Analog and Digital Television and Modems, by Lawrence Harte

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This book explains the fundamentals of cable television systems, the equipment they use, what services they can offer, and how cable television fits and compares with other broadcast technologies. Cable television (CATV) is a television distribution system that uses a network of cables to deliver multiple video, data, and audio channels. This book provides an overview of cable television system technology including cable modems, digital television, high definition television (HDTV), along with how cable systems are evolving to offer advanced services such as ultra broadband and video on demand (VOD). Described are the basic parts of cable television systems including set top boxes, cable modems, distribution systems, and head end equipment. Analog and digital video technology fundamentals are provided including the different types of analog video (NTSC, PAL, and SECAM) and the key types of digital video compression (MPEG-2, MPEG-4 and VC-1). You will discover why and how cable system operators are converting some of their networks from analog to digital to give more channel capacity and to provide for broadband Internet (cable modem) services. Described are the fundamentals of the data over cable service interface specifications (DOCSIS) and what each revision of DOCSIS provides to cable system operators. Explained are the different types of subscription services and value added pay per view (PPV) services including near video on demand (NVOD), video on demand (VOD), and personal video recorders (PVRs). You will learn how cable systems can upgraded to offer telephone services and why cable operators are transitioning from proprietary telephone systems to industry standard voice over Internet protocol (VOIP) systems. MMDS and LMDS wireless cable technology is described along with how cable operators can efficiently use these wireless systems to extend the range of their cable systems. The future of cable television is discussed including advances in interactive television and addressable advertising. Some of the most important topics featured in this book are: . Components and operation of CATV systems . Differences between analog and digital CATV systems . NTSC, PAL, and HDTV television signals . Video and audio compression . Cable modems using DOCSIS . MPEG digital formats . Video on demand (VOD) . Cable telephony . MMDS and LMDS wireless cable . How CATV is evolving into IPTV

• Sales Rank: #1411427 in Books
• Published on: 2007-04-16
• Original language: English
• Number of items: 1
• Dimensions: 11.02" h x .22" w x 8.27" l, .58 pounds
• Binding: Paperback
• 108 pages

Features

• ISBN13: 9780972805360
• Condition: New
• Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!

Most helpful customer reviews

3 of 3 people found the following review helpful.
Introduction to Cable Television
By A. Calametti
This is an excellent book for individuals looking for a clear and simple explanation of the cable television industry. The book is well written with detailed pictures and drawings and is ease for the non-technical reader to understand.

2 of 2 people found the following review helpful.
Good for a quick overview
By Justanotherreader
I am researching the television industry and I think this is a good book to get an overview of the cable end of the business. This is the second book of Lawrence Harte that I have read and what I like about him is his simple, precise explanation of technology concepts. Excellent for people like me without an telecommunications or broadcast background.

Having said that, I wish the book could have added a little more punch in the technology areas. I was left wanting to know a little more about the headend processes, equipment and set top box architecture and do not know where to turn. That way the book disappoints me. I think it does what it sets out to do which is why I give it 3 stars. I just wish the author had tried to do a little more.

4 of 5 people found the following review helpful.
Very good foundation
By Johnny L. Tester II
I would highly recommend this for anyone who is researching the broadcast industry. It answered a lot of questions for me.

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[S505.Ebook] Free PDF Aconcagua: A Climbing Guide, by R. J. Secor

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This updated guide discusses equipment, safety, & conservation, and details popular and less-traveled routes of the Western hemisphere's highest peak.

• Sales Rank: #5351336 in Books
• Brand: Brand: Mountaineers Books
• Published on: 1994-11
• Original language: English
• Number of items: 1
• Dimensions: 8.50" h x 5.50" w x .50" l,
• Binding: Paperback
• 144 pages

Features

• Used Book in Good Condition

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25 of 26 people found the following review helpful.
Very useful guide
By mjones@mba1999.hbs.edu
A useful primer for those considering climbing Aconcagua. Describes routes of many different difficulty levels. If you are planning on doing the normal route, most of the book will be irrelevant since it describes more difficult and technical approaches. However, even the introduction and normal route description are valuable references. Especially the sections on health and safety concerns. Hopefully there will be a new edition for 1999 since I understand that in 1999-2000, Argentine regulations will require permits to purchased in Mendoza IN PERSON by those climbing -- a change from the current practice.

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[S606.Ebook] Free PDF Modern Portfolio Theory: Foundations, Analysis, and New Developments (Wiley Finance), by Jack Clark Francis, Dongcheol Kim

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A through guide covering Modern Portfolio Theory as well as the recent developments surrounding it

Modern portfolio theory (MPT), which originated with Harry Markowitz's seminal paper "Portfolio Selection" in 1952, has stood the test of time and continues to be the intellectual foundation for real-world portfolio management. This book presents a comprehensive picture of MPT in a manner that can be effectively used by financial practitioners and understood by students.

Modern Portfolio Theory provides a summary of the important findings from all of the financial research done since MPT was created and presents all the MPT formulas and models using one consistent set of mathematical symbols. Opening with an informative introduction to the concepts of probability and utility theory, it quickly moves on to discuss Markowitz's seminal work on the topic with a thorough explanation of the underlying mathematics.

• Analyzes portfolios of all sizes and types, shows how the advanced findings and formulas are derived, and offers a concise and comprehensive review of MPT literature
• Addresses logical extensions to Markowitz's work, including the Capital Asset Pricing Model, Arbitrage Pricing Theory, portfolio ranking models, and performance attribution
• Considers stock market developments like decimalization, high frequency trading, and algorithmic trading, and reveals how they align with MPT
• Companion Website contains Excel spreadsheets that allow you to compute and graph Markowitz efficient frontiers with riskless and risky assets

If you want to gain a complete understanding of modern portfolio theory this is the book you need to read.

• Sales Rank: #770072 in eBooks
• Published on: 2013-01-18
• Released on: 2013-01-18
• Format: Kindle eBook

Review

Francis and Kim review the works of a generation of financial economists and pull these together under a single set of mathematical conventions. Their writing style is easy-to-read and the chapters flow logically. The early chapters deal with the original material created by Markowitz, Tobin, and Sharpe whereas succeeding chapters deal with more recent developments. Readers who wish to avoid complex derivations and proofs may do so easily because the book is organized so this rigorous material is in the end-of-chapter appendices and footnotes. This work is comprehensive and accessible, and will reward either classroom or individual study. —Harry Markowitz, Nobel Laureate, Professor of Economics and Finance

From the Inside Flap

Modern portfolio theory (MPT), which was introduced by Harry Markowitz's seminal paper "Portfolio Selection" over sixty years ago, has stood the test of time. Both his original theory and extensions made to the model by Professors James Tobin and Bill Sharpe have won Nobel Prizes. Today, MPT has grown to impact portfolio managers, financial service organizations, individual investors, and the finance and economics classrooms of universities around the world.

Building on three previous editions of the book Portfolio Analysis, of which coauthor Jack Clark Francis was an integral part, Modern Portfolio Theory skillfully provides a concise review of portfolio theory and offers new insights. It can help busy finance professionals stay current on the theoretical developments in their field and allow students to gain a solid foundation in what MPT encompasses.

Divided into six comprehensive parts, this reliable resource addresses various aspects of portfolio analysis by tracing the contributions made by different people in the decades since MPT was created. Along the way, it also explores new developments that may make MPT more valuable than ever. Topics that are discussed in detail include:

• Probability foundations
• Utility analysis
• Mean-variance portfolio analysis
• Non-mean-variance portfolio analysis
• Asset pricing models
• Implementation of portfolio theory
• Portfolio performance evaluations

And while this book uses mathematical and statistical explanations in its coverage of models and other subjects, the material is presented in way that is understandable to a wide range of readers—from finance veterans to those just entering the field—and supplemented with graphs.

The coauthors have also created several Excel spreadsheets that compute Markowitz efficient frontiers under various assumptions and circumstances. This user-friendly software is available online and can be easily downloaded. In addition, resources for professors can be found on Wiley's Global Education website.

Engaging and accessible, Modern Portfolio Theory contains essential insights on this discipline and offers a comprehensive look at its foundations, evolution, and implementation in today's dynamic world of finance.

From the Back Cover

Praise for Modern Portfolio Theory

"Francis and Kim review the works of a generation of financial economists and pull these together under a single set of mathematical conventions. Their writing style is easy to read, and the chapters flow logically. The early chapters deal with the original material created by Markowitz, Tobin, and Sharpe whereas succeeding chapters deal with more recent developments. Readers who wish to avoid complex derivations and proofs may do so easily because the book is organized so this rigorous material is in the end-of-chapter appendices and footnotes. This work is comprehensive and accessible, and will reward either classroom or individual study."
—Harry Markowitz, Nobel Laureate, Professor of Economics and Finance

"Professors Francis and Kim review the various models and research findings related to the original Markowitz portfolio theory. They compile many of the derivative works, drilling down on each topic, and, in the final analysis, pull together a unified portfolio theory using a single set of conventions. The Markowitz theory is central to portfolio management, and this book provides a thorough, up-to-date treatment of the topic."
—Roger Ibbotson, Professor of Finance, Yale University; founder, Ibbotson Associates

"Building on the foundation of the original Markowitz portfolio theory and the key derivative works that span the decades since 1952, Professors Francis and Kim have written a unifying, one-of-a-kind book on portfolio analysis. This book is well organized and easy to read. Francis and Kim review the theoretical underpinnings of the seminal models, as well as provide rigorous analyses of real-world applications, advanced mathematics, and empirical tests. In the aftermath of the global financial crisis, finance and risk professionals must do a better job in understanding the theory, applications, and limitations of financial models. This book represents a major contribution in this endeavor."
—James Lam, author, Enterprise Risk Management; President, James Lam & Associates, Inc.; past Senior Vice President and Chief Risk Manager, Fidelity Investments

Modern Portfolio Theory + Website puts an emphasis on practical application. To that end, this book provides readers with access to a companion website filled with supplementary materials, allowing you to continue to learn in a hands-on fashion long after closing the book.

Most helpful customer reviews

9 of 10 people found the following review helpful.
A really good book
By Christos Giannikos
This is a book about the foundations of modern portfolio theory, but it goes further. It also delves into unexpected areas, like the VaR model of risk management, which rests on Markowitz's variance-covariance model. The material is written for readers with either practical or academic interest in financial economics. The choice of the material discussed cannot get closer to what is really important. And, the organization and reading ease make it accessible. Rigor is not sacrificed for accessibility and a lot of quite advanced material is presented in its full glory--sometimes in an advanced chapter (eg, Chapter 7) or in an end of chapter appendix. The book will be useful for both economics and finance students, and quantitative practitioners.
The book has no competition. It reviews numerous successes and limitations of portfolio models that have been developed during the decades since Markozitz's original contributions. Many numerical examples are placed throughout the book. Detailed references are plentiful. I think its structure can be helpful in carving out classes in portfolio theory, investments, and the economics of uncertainty-- from introductory to advanced levels.
A companion website contains downloadable Excel spreadsheets that perform quadratic programming to compute Markowitz efficient frontiers with nice graphs.
A high quality Instructors Manual with quantitative Q&A on each chapter is available from John Wiley & Sons.

6 of 7 people found the following review helpful.
Modern Portfolio Theory
By Richard W. Taylor, Professor of Finance, Arkansas State University
This is an excellent text on modern portfolio theory. Since I am familiar with the three previous editions of Portfolio Analysis, this is a superb update. The authors cover a wealth of material. Their coverage of Markowitz portfolio theory, CAPM, and APT is quite thorough and very readable. As noted in the Preface, several different groups could benefit from using this book including portfolio managers, hedge fund managers, financial executives, and financial engineers. The text is very flexible. For example, it could be used in an undergraduate course by assigning Chapters 1, Appendix to 1, 2, 3, 4, 5, 6, 8, 12, 16, and 18 and omit most of the footnotes and end-of-chapter Appendices. A more advanced course could use any of the chapters that fits the teacher's interests. Overall, this is a great addition to the available textbooks on portfolio analysis.

0 of 8 people found the following review helpful.
Modern Portfolio Theory died in the 2008 financial and market ...
By EC
Modern Portfolio Theory died in the 2008 financial crash. It is the Tyrannosaurus Rex of theories - a dinosaur. True Sector Rotation Theory has emerged a better theory for investment strategies.
[...]

See all 3 customer reviews...

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