Adaptive Market Daulatmand Bannay Ke Naye Raaz

Adaptive Markets mashhoor maahir-e-maashiyat Andrew W. Lo ki ek inqilabi kitab hai jo sarmaya kari (investing), maliyati mandiyon aur insani rawaiyon ko ek naye zawiye se samjhati hai.

Musannif riwayati maashi nazriyat aur Behavioral Economics ke darmiyan mojood ikhtilaf ko apne naye nazriye Adaptive Markets Hypothesis ke zariye jortay hain.

Is kitab mein bataya gaya hai ke maliyati mandiyan hamesha mukammal tor par moassar (efficient) ya mukammal tor par ghair mantiqi (irrational) nahin hotin. Balkeh yeh waqt, halaat, muqablay aur sarmaya karon ke tajurbaat ke saath musalsal tabdeel hoti aur irtiqa karti rehti hain.

Sarmaya kar bhi apne mahol ke mutabiq apne faislay badaltay rehte hain. Isi liye market ka rawaiya har daur mein mukhtalif ho sakta hai.