國立中興大學教學大綱

課程名稱	(中) 資產管理(3033)
	(Eng.) Portfolio Management
開課單位	財金系
課程類別	選修			學分	3	授課教師	林盈課
選課單位	財金系 / 學士班			授課使用語言	中文	英文/EMI		開課學期	1111
課程簡述	Please see my website: http://www.fin.nchu.edu.tw/
先修課程名稱								課程含自主學習	N

課程與核心能力關聯配比(%)			課程目標之教學方法與評量方法
課程目標	核心能力	配比(%)	教學方法	評量方法
	1.獨立分析 2.專業知識與應用 3.創意 4.英語 5.全球意識 6.企業倫理 7.表達溝通 8.協調整合	0 0 0 35 35 0 30 0
授課內容(單元名稱與內容、習作/每週授課、考試進度-共18週)
週次 授課內容 第1週 Week 1 Class Introduction Disparity of Value and Price Week 2 Diversification, Risk Analysis, and Risk Premium World Wealth Report Paper Discussion: Value Investing: The use of historical financial statement information to separate winners from losers, Journal of Accounting Research 38 (Piotroski, 2000) Week 3 Portfolio Model Development Group Project Introduction Week 4 Holiday Week 5 Asset Valuation Methods Case Study of Firm Valuation : 風力發電專案評價 Paper Discussion: In Search of Attention, Journal of Finance 66 (Da, Engelberg, and Cao, 2011) Week 6 Market Inefficiency: Yale Investment Office Paper Discussion: Contrarian strategies and investor overreaction under price limits, Journal of Economics and Finance (Lin and Swanson, 2010) Week 7 Investment Company: Index Fund and Pension Fund/Motif Investing Paper Discussion: The case for structured equity: An active quantitative investment strategy, Vanguard Investment Counseling & Research (2003) Week 8 Alternative Investments: Silicon Valley Unicorns and the Role of Real Assets Internet Trend KPCB 2017 Week 9 Hedge Fund Strategies Group Project Proposal Due/ Individual Investment Report Due Week 10 Arbitrage Strategies I Paper Discussion: How are stock prices affected by the location of trade, Journal of Financial Economics 53 (Froot and Dabora, 1999) Week 11 Arbitrage Strategies II/ Limitation of Arbitrages Paper Discussion: Contagious speculation and a curve for cancer: A nonevent that made stock prices soar, Journal of Finance 56 (Huberman and Regev, 2001) Week 12 Financial Crisis and Portfolio Protection/ Anti-fragile Strategies Article Discussion: The Black Swan Effect and Black-Swan Portfolios Week 13 Student Group Project Presentation Week 14 Student Group Project Presentation Week 15 Presentation of Individual Investment Report/Motif Indexing Week 16 Behavioral Finance Week 17 The Emerging Topics on Portfolio Management: FinTech, AI, ROBOT Investing and Life Cycle Investing Week 18 Final Examination 第2週 第3週 第4週 第5週 第6週 第7週 第8週 第9週 第10週 第11週 第12週 第13週 第14週 第15週 第16週 第17週 第18週
學習評量方式
教科書＆參考書目(書名、作者、書局、代理商、說明)
Strong, Robert A. 2012, Portfolio Construction, Management, & Protection, 2nd, South-Western College Publishing, Ohio, U.S.A. Ineichen, Alexander M., 2003, Absolute Returns: The Risk and Opportunities of Hedge Fund Investing, John Wiley & Sons, Inc., The USA. Swensen, David F., 2000, Pioneering Portfolio Management, The Free Press, The USA. Akerlof, George and Robert Shiller, 2009. Animal Spirits: How human psychology drives the economics and why it matters for global capitalism, Princeton University Press. (中文版：動物本能，天下文化) Akerlof, George and Robert Shiller, 2015. Phishing for Phools: The Economics of Manipulation and Deception, Princeton University Press. (中文版：釣愚，天下文化) **Kahneman, Daniel, 2011. Thinking Fast and Slow, Penguin Group. (中文版：快思慢想，天下文化) Levitt, Steven and Stephen Dubner, 2007, Freakonomics, Harper Collins Company, USA. (中文版：蘋果橘子經濟學，大塊文化) **Levitt, Steven and Stephen Dubner, 2014. Think like a freak: the authors of Freakonomics offer to retrain your brain. HarperCollins Publishers (中文版：蘋果橘子思考術，大塊文化) Lewis, Michael, 2014. Flash Boys: A Wall Street Revolt, Writers House LLC. (中文版：快閃大對決，早安財金文化) Lynch, Peter and John Rothchild, 1989, One Up on Wall Street: How to Use What You Already Know to Make Money in the Market, Simon & Schuster Inc. (中文版：彼得林區選股戰略，財信出版) Mandelbrot, Benoit and Richard Hudson, 2004. The Misbehavior of Markets: A Fractal View of Risk, Ruin, and Reward, Basic Books, New York. (中文版：股價、棉花與尼羅河密碼，早安財金文化) **Munger, Charles T., 2008. Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger, PCA Publications, (中文版：窮查理的普通常識，商業周刊) Schroeder, Alice, 2009. The Snowball: Warren Buffett and the Business of Life, Bantam House, Inc. (中文版：雪球 ，天下文化) Silver, Nate, 2012. The Signal and the Noise: Why so many predictions fail-but some don’t, The Penguin Press (中文版：精準預測 ，三采文化) **Taleb, Nassim Nicholas, 2005. Fooled by Randomness: The hidden role of chance in life and in the markets, Random House. (中文版：隨機騙局，大塊文化) Taleb, Nassim Nicholas, 2007. The Balck Swan: The Impact of the Highly Improbable, Random House. (中文版：黑天鵝效應，大塊文化) Taleb, Nassim Nicholas, 2012. Antifragile: Things that gain from disorder, Locus Publishing Company. (中文版：反脆弱，大塊文化) Thaler, Richard, 2015. Misbehaving: The Making of Behavioral Economics, W.W. Norton & Company. FinTech and Unicorns: http://graphics.wsj.com/billion-dollar-club/
課程教材（教師個人網址請列在本校內之網址）
課程輔導時間
Wednsdays 12:00 – 13:00 p.m. and other time by appointment
聯合國全球永續發展目標(連結網址)
提供體驗課程：N

請尊重智慧財產權及性別平等意識，不得非法影印他人著作。
更新日期 西元年/月/日：無	列印日期 西元年/月/日：2025 / 7 / 01
MyTB教科書訂購平台：http://www.mytb.com.tw/