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In The Pillars of Finance, author and finance expert Guy Fraser-Sampson challenges the fundamental conventions of modern finance. He asserts that, at its core, finance is not the highly scientific, modern discipline that most would claim, but has in fact stood still for the past 50 years. Central to the book are the main pillars of the financial markets -- risk, return, and value -- pillars of financial practice that are not properly understood by the industry, as began to become clear in 2007. Instead, the industry is blinded by a quantitative maze, obsessed with mathematical solutions, stochastic models, and normal distributions, which, although they have a place, should not provide the bedrock of the global marketplace. The author also looks at the industry's overreliance on past performance. Historical data is the foundation of financial forecasting and derivatives pricing, and while much can be gleaned from the past, it cannot and should not be seen as a mirror of the future. Finally, the author provides solutions to these issues, which include the need for the industry to undergo a transformation similar to that which occurred in the Modernist movement in other fields. He argues for a return to more qualitative and informed approaches to finance, bringing back intuition, skill, responsibility, and competency. Drawing from many fields of knowledge, including philosophy, psychology, and history, he encourages readers to question everything, rather than tamely accepting conventional wisdom. The Pillars of Finance is a lively and provocative read, challenging some of the core beliefs of modern finance. It will spark fierce debate and prove a popular read for anyone interested in modern finance.

"Ineffective habits of financial advisors is based on a 15-year consulting program that Steve Moore has led for financial advisors. It details techniques for business analysis, elements of a strategic vision, characteristics of exceptional client service and strategies for acquiring high net worth clients. These are the factors which allow advisors to transform their business into an elite practice. Told through the story of "Jack," an advisor who represents your average financial advisor, each chapter begins with an ineffective habit: a focus on quantity over quality or using the "rainmaker approach" instead of a "team approach." Each bad habit is countered with a new disciple to improve business results and add value. For example, in chapter seven, Moore details a strategy of cold calling new prospects as a bad habit and describes a system of working through current clients to form new relationships and partners as the good habit. He then offers step-by-step advice as to how to begin this networking effect. Throughout each chapter, Moore includes anecdotes collected through both personal experience and stories he's heard from clients and colleagues, as well as question and answer segments, examples, and homework assignments."--Provided by publisher

Where institutions and individuals averagely invest the majority of their assets in money-market and fixed-income instruments, interest rate risk management could be seen as the single most important global financial issue. However, the majority of the key techniques used by most investors were developed several decades ago, and the advantages of multi-factor models are not fully recognised by many researchers and practitioners. This book provides clear and practical insight into bond portfolios and portfolio management through key empirical analysis. The authors use extensive sets of empirical data to describe the value potentially added by more recent techniques to manage interest rate risk relative to traditional techniques and to present empirical evidence of such an added value. Beginning with a description of the simplest models and moving on to the most complex, the authors offer key recommendations for the future of rate risk management.

Asset bubbles and contagion have had a profound effect on the financial markets after the financial and sovereign debt crises. This book takes a quantitative approach to examining these phenomena and will appeal to practitioners who need to understand the repercussions of these events on trading exchanges and the markets.

"This book explains the conceptual foundations of investing to improve investor performance. There are a host of investment mistakes that can be avoided by such an understanding. One example involves the trade-off between risk and return. The trade-off seems to imply that if you bear more risk you will have higher long-run average returns. That conclusion is false. It is possible to bear a great deal of risk and get no benefit in terms of higher average return. Understanding the conceptual foundations of finance makes it clear why this is so and, thereby, helps an investor avoid bearing uncompensated risks. Another choice every investor has to make is between active versus passive investing. Making that choice wisely requires understanding the conceptual foundations of investing. The Conceptual Foundations of Investing is ultimately for mid-level investors looking to add active elements to their portfolio"--

This book provides a detailed study of the social impact funds industry. In particular, chapters focus on: The contextualization of social impact funds within the social impact investment market; The exploration of features, investment strategy and classification of funds; An in-depth analysis of the emergent literature; An analysis of case studies of impact funds; A synthetic assessment of the industry, conducted through a cluster analysis; The exploration of investment strategy and mission consistency of funds active in the market aimed to show funds attitude to be defined as "impact-oriented funds"; The investigation of determinants of funds' target performance. This volume will be useful to scholars, students from different academic disciplines such as economics, finance, political science, entrepreneurship, and practitioners who are interested in impact investing and in the financing of social impact programs through impact-funds.

"Why invest in private equity funds? Returns are the obvious reason. However, not all investors are looking for the same level, occurrence, and recurrence of returns, or the same level of associated risks. Moreover, fund manager selection itself can lead to a great number of uncertainties, such as fluctuating alignment of interests, evolving macroeconomic conditions, and declining marginal returns. This book presents new, advanced, evidence-based guidance on investing in private equity funds: first by assessing the investor's environment and motivations, then by looking into the risks, returns, and overall performance of funds and finally, by offering practical solutions to the illiquidity conundrum. This book has been developed from extensive, bank-sponsored research, and provides both practical and theoretical insights"--

In this article the authors consider different strategies related to the high-dividend portfolio investing. The paper provides the examination of the theoretical aspects, methodology and the evolution of the formation of high-dividend models. The author studies the range of classic highdividend portfolios, including a traditional version of the «Dogs of the Dow» strategy, and test it on the Russian stock market (2006-2016). The obtained results confirm the efficiency of this direction of investment. In order to increase the level of returns of high-dividend investing, the authors add into the model two filters on the financial performance P/E and ROA. As shown by calculations, the new model allows to achieve significantly higher results in comparison with the classical version. The following research demonstrates an advantage of the new model in comparison with the returns of the overall market (index strategy "buy and hold") and in comparison with investing in mutual funds and deposits. The obtained results are meaningful and confirmed by the analysis of the risk and return coefficients, suggesting the possibility of their practical application. The modified model is also able to complement the theoretical concept of high-dividend investment and to eliminate the basic shortcomings inherent in the classical model.

Charles Underwood was in the United States Army for more than 31 years from 1941 to 1972. His active military service included command of infantry, armored infantry and armored units from platoon through brigade. Most staff assignments were in information and public affairs. He was a Prisoner of War for the Japanese Imperial Army from 1942-1945 and survived the Bataan Death March. ; The collection consists of slides, photographs, letters, military documents, and other personal documents of Charles Underwood. It includes information on the Bataan Death March as well as the different bases around the world he was stationed at during his time in the Army. ; The collection is organized by the following series: Bataan, Birth Records, Certificates, Correspondence, Drawings, Financial Records, Genealogy, Legal Document, Literary Productions, Medical Records, Memorial, Military Documents, Newspaper, Periodical, Personal Documents, Photographs, Printed Material, Retirement Records, School Records, Scrapbook, and Slides. ; Box 1, Folder 25

"The global credit boom and subsequent crunch provide strong evidence of the influence of group psychology on human behaviour. Forecasting Financial Markets argues that financial and economic crises are extreme versions of a general inability to separate personal investment and spending decisions from the behaviour of others. It shows bow commonly held beliefs and emotions generate regular rhythmic patterns in financial markets and in economic activity." "The compelling insight into investment psychology provided by Forecasting Financial Markets clearly shows how being trapped in the herd mentality can have disastrous results. It demonstrates how the potential for making money in the world's financial markets depends critically on the ability to make decisions independently of the crowd."--Jacket