The Valuation and Investment Merits of Diamonds

This is the first book which deals with the economics of diamonds, specifically with the determinants of diamond prices. The period of analysis, 1978-1983, was chosen in order to shed light on the dramatic drop in diamond prices. The dominant variables causing this drop were the varying price of gold and fluctuating interest rates. Khoury helps the investor in making long-range decisions about investing in diamonds and deciding on the form the investment should take. He warns of the importance to understand the sensitivities of the market and the factors which must be taken into consideration before commitments to an investment in diamonds are made.

The book includes: a quick review of the characteristics of diamonds, the financial performance of DeBeers in a declining market, the economic structure of the diamond industry, the method for exercising economic control over the diamond market, the economic variables influencing diamond prices, and the modeling of diamond prices and the testing of the model using advanced statistical methods.

List of contents

Preface
Diamonds--A Historical and Technical Perspective
DeBeers: The Brilliant Octopus
Diamonds as an Investment
The Changing Economic and Market Environment: Impact on Diamond Prices
The Determinants of Diamond Prices
Investment Recommendations and Conclusions
Glossary of Terms Commonly Used in the Diamond Industry
Bibliography
Index

About the author

Sarkis J. Khoury is a Professor of Finance at the University of California, Riverside

SARKIS J. KHOURY is a Professor of Finance at the University of California, Riverside. He is the author of thirteen monographs and books including The Valuation and Investment Merits of Diamonds (Quorum, 1990), as well as numerous articles dealing with international finance, banking, and investments.

Product details

• Authors: Sarkis Khoury
• Publisher: Bloomsbury
• Languages: English
• Age Recommendation: ages 7 to 17
• Product format: Hardback
• Released: 26.03.1990
• EAN: 9780899304564
• ISBN: 978-0-89930-456-4
• No. of pages: 184
• Weight: 482 g
• Subjects: Social sciences, law, business > Business > Miscellaneous; Business & Economics / Investments & Securities / General, SCIENCE / Earth Sciences / Geology, SCIENCE / Earth Sciences / Mineralogy, c 1970 to c 1979, Geochemistry, Investment & securities, c 1970 to c 1980, Investment and securities, C 1980 To C 1990, c 1980 to c 1989, Economic Geology, Chemistry of minerals, crystals and gems, Mineralogy & Gems, Business: Finance, Investments and Banking