Investment: A History: A History by Norton Reamer

Investment: A History: A History

byNorton Reamer, Jesse Downing

Hardcover | February 19, 2016

not yet rated|write a review

Pricing and Purchase Info

$37.72 online 
$46.00 list price save 18%
Earn 189 plum® points

In stock online

Ships free on orders over $25

Available in stores

about

Investing-the commitment of resources to achieve a return-affects individuals, families, companies, and nations, and has done so throughout history. Yet until the sixteenth century, investing was a privilege of only the elite classes. The story behind the democratization of investing is bound up with some of history's most epic events. It is also a tale rich with lessons for professional and everyday investors who hope to make wiser choices.

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.

About The Author

Norton Reamer is the former chief investment officer and CEO of Putnam Investments. He founded and for twenty years ran United Asset Management. In 2003, he founded and led Asset Management Finance. Each firm was a leader in its investment approach and organizational structure. He now lives and works in Boston.Jesse Downing is a gradu...

Details & Specs

Title:Investment: A History: A HistoryFormat:HardcoverDimensions:448 pagesPublished:February 19, 2016Publisher:Columbia University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0231169523

ISBN - 13:9780231169523

Look for similar items by category:

Nearby Stores

We found 0 nearby stores

Customer Reviews of Investment: A History: A History

Reviews

Extra Content

Table of Contents

AcknowledgmentsIntroduction: The Investment Challenge1. A Privilege of the Power Elite2. The Democratization of Investment: Joint-Stock Companies, the Industrial Revolution, and Public Markets3. Retirement and Its Funding4. New Clients and New Investments5. Fraud, Market Manipulation, and Insider Trading6. Progress in Managing Cyclical Crises7. The Emergence of Investment Theory8. More New Investment Forms9. Innovation Creates a New EliteConclusion: Investment in the Twenty-First CenturyNotesBibliographyIndex

Editorial Reviews

A reader's time and energy devoted to it are likely to yield competitive returns.