Investment: A History - A History

This entertaining history doubles as a sophisticated account of the opportunities and challenges facing the modern investor. It follows the rise of funded retirement; the evolution of investment vehicles and techniques; investment misdeeds and regulatory reform; government economic policy; the development of investment theory; and the emergence of new investment structures. Norton Reamer and Jesse Downing map these trends and profile the battle between low cost index and exchange-traded funds, on the one hand, and the higher-fee hedge funds and private equity, on the other. By helping us understand this history and its legacy of risk, Reamer and Downing hope to better educate readers about the individual and societal impact of investing and ultimately level the playing field.

List of contents

Acknowledgments
Introduction: The Investment Challenge
1. A Privilege of the Power Elite
2. The Democratization of Investment: Joint-Stock Companies, the Industrial Revolution, and Public Markets
3. Retirement and Its Funding
4. New Clients and New Investments
5. Fraud, Market Manipulation, and Insider Trading
6. Progress in Managing Cyclical Crises
7. The Emergence of Investment Theory
8. More New Investment Forms
9. Innovation Creates a New Elite
Conclusion: Investment in the Twenty-First Century
Notes
Bibliography
Index

About the author

Norton Reamer and Jesse Downing

Summary

An expansive analysis of investing triumphs and failures, with a discussion of what investing will (and should) look like in the future.

Report

"A tour de force look at investment from previously unseen perspectives." Barry Ritholtz, columnist for Bloomberg View and the Washington Post

Product details

• Authors: Jesse Downing, Downing Jesse, Norton Reamer, Norton (Unicorn Asset management) Reamer, Norton (Unicorn Asset Management) Downing Reamer, Norton/ Downing Reamer, Reamer Norton
• Publisher: Columbia University Press
• Languages: English
• Product format: Paperback / Softback
• Released: 25.08.2017
• EAN: 9780231169530
• ISBN: 978-0-231-16953-0
• No. of pages: 448
• Series: Columbia Business School Publi; Columbia Business School Publishing
• Subjects: Social sciences, law, business > Business > General, dictionaries; HISTORY / Civilization, BUSINESS & ECONOMICS / Economic History, BUSINESS & ECONOMICS / Corporate & Business History, Economic history, Ancient History, History of specific companies / corporate history, Investment & securities