Martin L. Leibowitz

Active 130/30 Extensions is the newest wave of disciplined investment strategies that involves asymmetric decision-making on long/short portfolio decisions, concentrated investment risk-taking in contrast to diversification, systematic portfolio risk management, and flexibility in portfolio design. This strategy is the building block for a numbe...

A completely updated edition of the guide to modern bond analysisFirst published in 1972, Inside the Yield Book revolutionized the fixed-income industry and forever altered the way investors looked at bonds. Over forty years later, it remains a standard primer and reference among market professionals. Generations of practitioners, investors, and...

A cutting-edge look at the endowment model of investingMany larger endowments and foundations have adopted a broadly diversified asset allocation strategy with only a small amount of traditional U.S. equities and bonds. This technique, known as the ""endowment model of investing,"" has demonstrated consistent long-term performance and attracted ...

Martin Leibowitz and Stanley Kogelman tackle the task of determining what really has an impact on P/Es. They introduce readers to the franchise-value approach to the analysis of prospective cash flows.