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WILLIAM F. SHARPE - SIGNATURE(S) - HFSID 277653

 
WILLIAM FORSYTH SHARPE
3x5 signed by Sharpe
Signature: "William F. Sharpe". 4¾x3. Sharpe, born in 1934 in Cambridge, Massachusetts, is an American economist who shared the 1990 Nobel Prize for Economics with Harry M. Markowitz for developing the capital asset pricing model (CAPM). This model is used to determine a necessary rate of return from an asset if that asset is to be added to a diversified portfolio and measures the asset's sensitivity to non-diversifiable risk. Ironically, the Journal of Finance initially rejected Sharpe's first paper on CAPM in 1962; this paper became one of the foundations of financial economics. Lightly toned, otherwise in fine condition.


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WILLIAM F. SHARPE  


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WILLIAM F. SHARPE
Born: June 16, 1934


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