Active Portfolio Management
#1846 of 2,654 all-time
Active Portfolio Management
Frank J. Jones, Richard C. Grinold
4 people recommended it in 3 threads, 2011–2019.
What people on Hacker News said
A big part of algorithmic trading and stat arb is portfolio management, including deriving alpha, building risk models, etc. The bible is: http://www.amazon.com/Active-Portfolio-Management-Quantitative-Controlling/dp/0070248826
If you want to learn about quantitiative trading: 1) Active Portfolio Management: A Quantitative Approach for Producing Superior Returns and Controlling Risk
Where I used to work, anyone without a quant background would be urged to buy a copy of Grinold and Kahn the bible you suggested above or "Quantitative Equity Portfolio Management" by Chincarini and Kim.
Where it comes up
- Good books for hackers interested in quant finance? 2011 · 2 recommendations
- Ask HN: Best books you read in the past decade? 2019 · 1 recommendation
- Ask HN: What are the must-read books about economics/finance? 2016 · 1 recommendation