market folly

Continuing the series of educational articles on Market Folly, today we present Lectures on Financial Economics by Antonio Mele. Published in March 2012, it comes from the University of Lugano and the Swiss Finance Institute.

In the publication, Mele addresses:

Part I "Foundations": Fundamental tools of analysis such as classical portfolio selection, dynamic consumption- and production- based asset pricing.

Part II "Applied asset pricing theory": Excess price volatility, countercyclical stock market volatility, and value premium.

Part III "Asset pricing and reality": Option pricing and trading, interest rate modeling, credit risk, and derivatives.

Embedded below is Antonio Mele's Lectures on Financial Economics (email readers click the link to come read it):



For more of our educational posts, head to:

- Notes from Seth Klarman's Margin of Safety

- The 3 sources of Alpha

- Common sense investing: collection of Ben Graham's papers