Optimal Portfolio Modeling, CD-ROM Includes Models Using Excel and R - (Wiley Trading) by Philip McDonnell (Mixed Media Product)

Book Synopsis

Optimal Portfolio Modeling is an easily accessible introduction to portfolio modeling for those who prefer an intuitive approach to this discipline. While early chapters provide engaging insights on the statistical properties of markets, this book quickly moves on to illustrate invaluable trading and risk control models based on popular programs such as Excel and the statistical modeling language R. This reliable resource presents modeling formulas that will allow you to effectively maximize the performance, minimize the drawdown, and manage the risk of your portfolio.

From the Back Cover

Praise for Optimal Portfolio Modeling

"All too often, analysis ends with security selection. However, savvy investors understand that security selection is where analysis starts. In this important contribution to the literature, Mr. McDonnell discusses position sizing, portfolio construction, utility, money management, and much more, all of which can make important contributions to your total return."
--John Bollinger, CFA, CMT, www.BollingerBands.com

"This book provides a cornucopia of practical techniques with readily accessible statistical backup for maximizing returns from systematic trading."
--Victor Niederhoffer, author of The Education of a Speculator and Practical Speculation

"What happens when stock market prices collide with a mathematician that really trades? Simple: myths are dispelled and truths are established. You are sure to learn from this book."
--Larry Williams, author of Trading Stocks & Commodities with the Insiders: Secrets of the COT Report, and Long-Term Secrets to Short-Term Trading

"I can heartily recommend this wonderful, well-organized, and well-thought-out book by a very pragmatic and bright guy. It will give the reader an excellent understanding of the mathematical nature of portfolio modeling."
--Ralph Vince, author of The Handbook of Portfolio Mathematics: Formulas for Optimal Allocation & Leverage

About the Author

Philip J. McDonnell (Sammamish, WA) is a trader and software and trading methodologies developer who has created proprietary data collection and analysis tools for real time analysis of market direction and stock selection with an emphasis on options analysis. Prior, he handled network operations for a venture capital incubator, The Inception Group, and developed and sold an options analysis software package. He has also developed option risk management software for Charles Schwab & Co. McDonnell served as research assistant at University of California, Berkeley, School of Business, under Victor Niederhoffer. He holds degrees in mathematics and computer science from University of California, Berkeley.