10546. A REVIEW OF "CAPITAL IDEAS". Summary of all main points of this book (by the founder of the Journal of Portfolio Management) on mathematical theories of investing and how they have impacted upon the investment community. Includes discussion of the Capital Asset Pricing Model, Random Walk Theory, and Efficient Market Hypothesis. The basic impact of such theories has been to demonstrate that statistical methods can outperform deliberate picking of stocks. 18 pages, 0 footnotes, 0 bibliographic sources.