2102403

9781891267840

Wine Investment For Portfolio Diversification How Collecting Fine Wines Can Yield Greater Returns Than Stocks And Bonds

Wine Investment For Portfolio Diversification How Collecting Fine Wines Can Yield Greater Returns Than Stocks And Bonds
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  • ISBN-13: 9781891267840
  • ISBN: 1891267841
  • Publication Date: 2005
  • Publisher: Wine Appreciation Guild, Limited

AUTHOR

Kumar, Mahesh, Broadbent, Michael

SUMMARY

Mahesh Kumar documents how investment in fine wines since 1985 is equal 'or exceeds' the return from stocks and bonds. Based on the Nobel Prize winning portfolio theory of Harvey Markovitz, this work provides a mean-variance model with expected return, standard deviations and correlations between asset returns.Kumar, Mahesh is the author of 'Wine Investment For Portfolio Diversification How Collecting Fine Wines Can Yield Greater Returns Than Stocks And Bonds', published 2005 under ISBN 9781891267840 and ISBN 1891267841.

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