Tuesday, January 27, 2009

Characteristics in an 'asset'

BookValue
Understanding Arbitrage
Randall S. Billingsley
( http://www.whartonsp.com/ )

Exploring arbitrage

True arbitrage opportunities are rare, and when they are discovered they do not last long, observes Randall S. Billingsley in Understanding Arbitrage: An Intuitive Approach to Financial Analysis.

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