![]() Fischer Black and the Revolutionary Idea of Finance
ISBN: 978-0-471-45732-9
Hardcover
374 pages
June 2005
US $29.95
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- The author is Associate Professor of Economics at Barnard College of Columbia University and department chair.
- The stroy of a giant in the history of modern finance. This book is nothing short of a major literary event in finance and investment publishing. In the narrative tradition of Genius (about physicist Richard Feynman), this will be the compelling biography of the "Einstein of Finance", Fischer Black. It weaves his personal story with the birth of modern finance into a vignette-based business narrative that is completely unique.
- A perfect sequel to Peter Bernstein's Against the Gods and Capital Ideas. Published in 1992, Capital Ideas traced the origins of modern finance by telling the story of the Capital Asset Pricing Model. Bernstein followed this with a history of risk and its impact on financial markets. This Fischer Black book continues the story of modern finance where Bernstein's left off, explaining the ground-breaking impact that Black had in the world of finance and markets.
- Personalizes modern financial theory. On the back of the Nobel Prize-winning work of Fischer Black, Myron Scholes, and Robert Merton, has come the financial derivatives industry, which trades trillions of dollars each year. The book tells the dramatic story of how this came to be.
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