Capital Markets: From Theory to Practice
INTRODUCTION
While not written as a how-to guide to investing, in general or in specific asset classes or marketplaces, the thoughtful will come away with a widely applicable conceptual framework as to how to think about doing so in virtually any investment application. Its contents are those which underpin all such markets and, overtly or not, the actions of market participants across time. It is the foundation upon which our vast financial edifice is built. To understand and analyze the modern financial institution and its business model in a changing world of technology, IC, and markets, and a world of changing values.