Investing pioneer David Booth told us 6 principles and advice that transformed his understanding of markets
Read about the academic theories that drive David Booth's investing strategies.
PBS8y
The Formula That Shook The World
Derived by economists Myron Scholes, Robert Merton, and the late Fischer Black ... by a rapidly changing global economy. Here's the theory behind the formula: When a call optionon a stock expires ...
Institutional Investor10d
Outperforming Managers Are a ‘Rare Bird You Can Only Look at — But Not Invest With’
In a new Errol Morris film, David Booth and Nobel laureates discuss how the firm challenged the traditional methods of ...
Harvard Business School7y
On the Role of the Wiener Process in Finance Theory and Practice: The Case of Replicating Portfolios
Merton, Robert C. "On the Role of the Wiener Process in Finance Theory and Practice: The Case of Replicating Portfolios." In The Legacy of Norbert Wiener: A Centennial Symposium. Vol. 60, edited by D.
Harvard Business School7y
An Empirical Investigation of the Samuelson Rational Warrant Pricing Theory
Merton, Robert C. "An Empirical Investigation of the Samuelson Rational Warrant Pricing Theory." January 1969. (Chapter V in Ph.D. dissertation; Class paper, Massachusetts Institute of Technology, ...
Merton's Betrayal: How scientists became propagandists during Covid-19
This article examines the failures of the scientific community during the COVID-19 pandemic, highlighting how core principles ...
UBS2y
Robert C. Merton
Robert Merton was eight years old when he began his entrepreneurial ... such as mortgages and student loans. "It was a production theory,” he continues. “How we produce all the financial products out ...
BBC7mon
How does poverty influence crime?
Although not the first to argue that environment affects the chances of committing crime, in the 1950s American criminologist Robert Merton argued that where people are denied the opportunity to ...