"Mark Hebner's magnificent book presents solid financial
theory and practice wrapped in an elegant package."
- Harry
Markowitz Ph.D., Nobel Laureate in Economics, “Father
of Modern Portfolio Theory," Professor of Economics at University
of California at San Diego, author
of Portfolio Selection: Efficient Diversification of Investments as
well as numerous other books, articles and papers.
"...an incredibly handsome and wise book. We must be near
a "tipping
point" of passive over active. Perhaps Hebner's book will
mark the moment. Congratulations!"
- John
C. Bogle, Founder and Past CEO of The Vanguard Group
The
Hebner Model: Why Prices Change - hebnermodel.com (Enlarge Painting) The job of the free market is to set prices so that investors are compensated for the risk they bear.
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