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Richard A. Brealey

Richard Brealey is Emeritus Professor of Finance at London Business School.

Titles by This Author

More about Risk and Return from Common Stocks

This book is a sequel to An Introduction to Risk and Return from Common Stocks (The MIT Press, 1969), although it is fully self-contained and can be read independently. Both books describe in non-technical language the behavior of common stock prices as revealed by formal statistical work. In the process they offer a broad survey of recent quantitative academic research on the subject, much of which is currently in an inaccessible form.

Richard Brealey presents a brief, nontechnical description of current research on investment management and its implications for the investment manager. He covers market efficiency, valuation, and modern portfolio theory in a book that The New York Times noted "rates high as reading for every professional investor."