Overview
- Combines the study of finance and the arts
- Explores the issue of stochastical prediction
- Presents alternative investment theories
- Engages with ideas from uncertainty economics
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About this book
This book combines the study of rhetoric, history, philosophy, philosophy of statistics and the culture of investing to discuss the foundations of stochastical predictability in investment theory. Besides discussing the problem of stochastical prediction, the book also covers alternative investment theories. Ideas from uncertainty economics, expressed by the likes of Keynes, Knight, von Mises, Taleb and McCloskey are also discussed. This book will be of interest to researchers and academics in the field of investment theory, as well as investment practitioners.
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Keywords
Table of contents (7 chapters)
Reviews
“Heterodox Investment Theory is a thought-provoking book … . The book’s greatest contribution is to encourage investment professionals to look beyond the standard investment models that are taught in business schools and the statistics underlying the theories and to consider alternative models that may enhance their understanding of financial markets. Those who are comfortable with the jargon of philosophy and rhetoric will likely find this an interesting book that opens up their minds to new modes of thinking.” (Ronald L. Moy,Enterprising Investor, blogs.cfainstitute.org, June 21, 2019)
Authors and Affiliations
About the author
Thomas Pistorius, PhD, holds a Masters degree in finance from Tilburg University and a Bachelor in philosophy from Utrecht University, Netherlands. He has spent his professional life working in investment management as an investment advisor, analyst, risk manager, and researcher. His research is driven by an interest in finance and the arts, encompassing the rhetoric, history, philosophy, and culture of investment theory to discuss stochastic predictability.
Bibliographic Information
Book Title: Heterodox Investment Theory
Book Subtitle: Stochastic Predictability and Uncertainty
Authors: Thomas Pistorius
DOI: https://doi.org/10.1007/978-3-319-55005-3
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-3-319-55004-6Published: 05 September 2017
Softcover ISBN: 978-3-319-85542-4Published: 03 August 2018
eBook ISBN: 978-3-319-55005-3Published: 24 August 2017
Edition Number: 1
Number of Pages: XIII, 257
Number of Illustrations: 7 b/w illustrations
Topics: Investments and Securities, Personal Finance/Wealth Management/Pension Planning, Investment Appraisal, Economic Theory/Quantitative Economics/Mathematical Methods, Macroeconomics/Monetary Economics//Financial Economics