Praise for TREYNOR ON INSTITUTIONAL INVESTING



"Jack Treynor has a mind of his own. I mean that as the highest
compliment. Jack Treynor sees what no one else sees, thinks what no
one else thinks, explains what no one else explains. You will learn
more in fifteen minutes with Jack Treynor than in a full hour with
most pundits. You will work hard but you will see things, think
things, and understand things as never before. This book is a most
valuable treasure, gleaming with Jack Treynor's brilliance."

-Peter L. Bernstein, author, Capital Ideas Evolving



"Vintage Treynor. This is a must-own reference for anyone involved
in institutional asset management. It assembles - in one place -
many of the important insights of one of the most provocative and
creative players in the finance world over the past
half-century."

-Robert D. Arnott, Chairman, Research Affiliates, and Former
Editor, Financial Analysts Journal



"As a practicing investment manager, Treynor always preferred
brilliance to soundness. Identifying the flaws in conventional
thinking, he shows both the theorist and the practitioner where to
invest time in their search for excess return."

-Perry Mehrling, Professor of Economics, Barnard College, Columbia
University, author, Fischer Black and the Revolutionary Idea of
Finance



"Jack Treynor's new book brings together a lifetime of exploring
the important questions surrounding the sophisticated investor's
task. Readers of Treynor on Institutional Investing will be richly
rewarded by the insights the author has developed about both the
practical and the conceptual keys to successful investing."

-Samuel L. Hayes, III, Jacob Schiff Professor of Investment Banking
Emeritus, Harvard Business School