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William F. Sharpe
William Forsyth Sharpe (born June 16, 1934) is an American economist. He is the STANCO 25 Professor of Finance, Emeritus at Stanford University's Graduate School of Business, and the winner of the 1990 Nobel Memorial Prize in Economic Sciences. Sharpe was one of the originators of the capital asset pricing model (CAPM). He created the Sharpe ratio for risk-adjusted investment performance analysis, and he contributed to the development of the binomial method for the valuation of options, the gradient method for asset allocation optimization, and returns-based style analysis for evaluating the style and performance of investment funds. Early years William Sharpe was born on June 16, 1934, in Boston, Massachusetts. As his father was in the National Guard, the family moved several times during World War II, until they finally settled in Riverside, California. Sharpe spent the rest of his childhood and teenage years in Riverside, graduating from Riverside Polytechnic High School ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boston, Massachusetts
Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeastern United States. It has an area of and a population of 675,647 as of the 2020 United States census, 2020 census, making it the third-largest city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area has a population of 4.9 million as of 2023, making it the largest metropolitan area in New England and the Metropolitan statistical area, eleventh-largest in the United States. Boston was founded on Shawmut Peninsula in 1630 by English Puritans, Puritan settlers, who named the city after the market town of Boston, Lincolnshire in England. During the American Revolution and American Revolutionary War, Revolutionary War, Boston was home to several seminal events, incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Asset Pricing Model
In finance, the capital asset pricing model (CAPM) is a model used to determine a theoretically appropriate required rate of return of an asset, to make decisions about adding assets to a Diversification (finance), well-diversified Portfolio (finance), portfolio. The model takes into account the asset's sensitivity to non-diversifiable risk (also known as systematic risk or market risk), often represented by the quantity Beta (finance), beta (β) in the financial industry, as well as the expected return of the market and the expected return of a theoretical Risk-free bond, risk-free asset. CAPM assumes a particular form of utility functions (in which only first and second Moment (mathematics), moments matter, that is risk is measured by variance, for example a quadratic utility) or alternatively asset returns whose probability distributions are completely described by the first two moments (for example, the normal distribution) and zero transaction costs (necessary for diversifi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phi Beta Kappa Society
The Phi Beta Kappa Society () is the oldest academic honor society in the United States. It was founded in 1776 at the College of William & Mary in Virginia. Phi Beta Kappa aims to promote and advocate excellence in the liberal arts and sciences, and to induct outstanding students of arts and sciences at select American colleges and universities. Since its inception, its inducted members include 17 President of the United States, United States presidents, 42 Supreme Court of the United States, United States Supreme Court justices, and 136 Nobel Prize, Nobel laureates. History Origins The Phi Beta Kappa Society had its first meeting on December 5, 1776, at the College of William & Mary in Williamsburg, Virginia by five students, with John Heath as its first President. The society established the precedent for naming American college societies after the initial letters of a secret Greek motto. The group consisted of students who frequented the Raleigh Tavern as a common meeting ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Theta Xi
Theta Xi () is a North American Greek-letter social college fraternity. It was founded at Rensselaer Polytechnic Institute in 1864. Of all the social fraternities today, Theta Xi was the only one founded during the Civil War. Its Grand Lodge is headquartered in downtown Atlanta. Since its inception, Theta Xi has grown to include more than 60,000 initiated members. Currently, there are approximately 45 active chapters and one colony. The Theta Xi Fraternity Chapter House at Rensselaer Polytechnic Institute is listed on the National Register of Historic Places. History Theta Xi was founded on April 29, 1864 at Rensselaer Polytechnic Institute in Troy, New York as an engineering fraternity.Shepardson, Francis Wayland, ed. Baird's Manual of American College Fraternities, 12th edition'. Menasha, Wisconsin: The Collegiate Press/George Banta Publishing Company, 1930. pp. 256-258. ''via'' Hathi Trust. Its founders were George Bradford Brainerd, Samuel Buel Jr., Henry Harrison Farn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UCLA
The University of California, Los Angeles (UCLA) is a public land-grant research university in Los Angeles, California, United States. Its academic roots were established in 1881 as a normal school then known as the southern branch of the California State Normal School which later evolved into San José State University. The branch was transferred to the University of California to become the Southern Branch of the University of California in 1919, making it the second-oldest of the ten-campus University of California system after the University of California, Berkeley. UCLA offers 337 undergraduate and graduate degree programs in a range of disciplines, enrolling about 31,600 undergraduate and 14,300 graduate and professional students annually. It received 174,914 undergraduate applications for Fall 2022, including transfers, the most of any university in the United States. The university is organized into the College of Letters and Science and twelve professional schoo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portfolio Theory
Modern portfolio theory (MPT), or mean-variance analysis, is a mathematical framework for assembling a portfolio of assets such that the expected return is maximized for a given level of risk. It is a formalization and extension of Diversification (finance), diversification in investing, the idea that owning different kinds of financial assets is less risky than owning only one type. Its key insight is that an asset's risk and return should not be assessed by itself, but by how it contributes to a portfolio's overall risk and return. The variance of return (or its transformation, the standard deviation) is used as a measure of risk, because it is tractable when assets are combined into portfolios. Often, the historical variance and covariance of returns is used as a proxy for the forward-looking versions of these quantities, but other, more sophisticated methods are available. Economist Harry Markowitz introduced MPT in a 1952 paper, for which he was later awarded a Nobel Memorial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accounting
Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and Regulatory agency, regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used interchangeably. Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers. Management accounting focuses on the measurement, analysis and reporting of information for internal use by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of California, Berkeley
The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California), is a Public university, public Land-grant university, land-grant research university in Berkeley, California, United States. Founded in 1868 and named after the Anglo-Irish philosopher George Berkeley, it is the state's first land-grant university and is the founding campus of the University of California system. Berkeley has an enrollment of more than 45,000 students. The university is organized around fifteen schools of study on the same campus, including the UC Berkeley College of Chemistry, College of Chemistry, the UC Berkeley College of Engineering, College of Engineering, UC Berkeley College of Letters and Science, College of Letters and Science, and the Haas School of Business. It is Carnegie Classification of Institutions of Higher Education, classified among "R1: Doctoral Universities – Very high research activity". Lawrence Berkeley National Laboratory was originally founded as par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riverside Polytechnic High School
Riverside Polytechnic High School is a four-year public high school in Riverside, California, United States, and part of the Riverside Unified School District. The current facility, located on Victoria Avenue, was opened in September 1965; the traditions of the school go back to 1887, then known as the Riverside High School, making Riverside Polytechnic the oldest high school in the city. History Riverside Polytechnic High School traces its heritage from 1887, when the newly formed city of Riverside needed higher education for the community. The first joint elementary and high school's first graduating class in 1890 comprised seven students—four girls and three boys. Eugenie Fuller was its principal. When classes grew too large in 1902, a new co-educational high school building was constructed on Ninth Street between Lemon and Lime Streets, and the original 14th Street building became the Grant School, serving grades 3–8. In 1910, Riverside High School's enrollment was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riverside, California
Riverside is a city in and the county seat of Riverside County, California, United States. It is named for its location beside the Santa Ana River. As of the 2020 census, the city has a population of 314,998. It is the most populous city in the Inland Empire and Riverside County, the List of largest California cities by population, 12th-most populous city in California, and the List of United States cities by population, 61st-most populous city in the United States. Alongside San Bernardino, Riverside is a principal city in the nation's 13th-largest metropolitan statistical area; the Riverside–San Bernardino–Ontario had 4.6 million residents in 2020. Riverside is about southeast of downtown Los Angeles and is also part of the Greater Los Angeles area. Riverside was founded in the early 1870s. It is the birthplace of the California citrus production, citrus industry and home of the The Mission Inn Hotel & Spa, Mission Inn, the nation's largest Mission Revival Style architec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States National Guard
The National Guard is a U.S. state, state-based military force that becomes part of the United States Armed Forces, U.S. military's reserve components of the United States Armed Forces, reserve components of the United States Army, U.S. Army and the United States Air Force, U.S. Air Force when activated for federal missions.National Guard: FAQ . United States National Guard. Accessed February 2, 2022. It is a military reserve force composed of National Guard military members or units of each state, the territories of Guam National Guard, Guam, the Virgin Islands National Guard, U.S. Virgin Islands, Puerto Rico National Guard, Puerto Rico, and the District of Columbia National Guard, District of Columbia, for a total of 54 separate organizations. It is officially created under United States Congress, Cong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
