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Nobel Thinkers: Theory, Practice, and Implementation

Chapters

Introduction (00:38)
How they received the call and learned they had won the Nobel Prize

Theory (10:16)
The origins of their prize-winning work; portfolio theory, capital asset pricing model, risk assessment, and options pricing.

Practice (05:35)
How did their ideas connect to the investment world? Often they resulted from the application of academic experience to practical problems.

Implementation (09:50)
How might a Nobel laureate advise an individual investor? Diversification, index funds, turnover, asset classes, and the value of professional investment advice are cited. Also discussed are new ideas on investments during retirement and the differences between wealth management and speculative stock picking.