Investments
Bodie, Kane, and Marcus’ Investments sets the standard for graduate/MBA investments textbooks. It blends practical and theoretical coverage, while maintaining an appropriate rigor and a clear writing style. Its unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. The text places greater emphasis on asset allocation and offers a much broader and deeper treatment of futures, options, and other...
Search in google:
New edition of a text that presents the basic principles of investing and also addresses many of the changes in the investment environment. The 27 chapters are organized around the idea that well-developed security markets are, for the most part, efficient. They also emphasize that higher expected returns come at the price of bearing greater risk, and present techniques for managing this risk such as diversification and asset allocation. Topics include modern portfolio theory and its implications for the equilibrium structure of expected rates of return on risky assets, security valuation, equity securities, and derivative assets. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Pt. I Introduction 11 The Investment Environment 12 Asset Classes and Financial Instruments 233 How Securities Are Traded 544 Mutual Funds and Other Investment Companies 88Pt. II Portfolio Theory and Practice 1135 Learning about Return and Risk from the Historical Record 1136 Risk Aversion and Capital Allocation to Risky Assets 1567 Optimal Risky Portfolios 1948 Index Models 244Pt. III Equilibrium in Capital Markets 2799 The Capital Asset Pricing Model 27910 Arbitrage Pricing Theory and Multifactor Models of Risk and Return 31911 The Efficient Market Hypothesis 34412 Behavioral Finance and Technical Analysis 38413 Empirical Evidence on Security Returns 410Pt. IV Fixed-Income Securities 44514 Bond Prices and Yields 44515 The Term Structure of Interest Rates 48416 Managing Bond Portfolios 512Pt. V Security Analysis 55317 Macroeconomic and Industry Analysis 55318 Equity Valuation Models 58619 Financial Statement Analysis 631Pt. VI Options, Futures, and Other Derivatives 67120 Options Markets: Introduction 67121 Option Valuation 71522 Futures Markets 75923 Futures, Swaps, and Risk Management 788Pt. VII Applied Portfolio Management 82324 Portfolio Performance Evaluation 82325 International Diversification 86726 Hedge Funds 90227 The Theory of Active Portfolio Management 92428 Investment Policy and the Framework of the CFA Institute 950References to CFA Problems 989GlossaryName IndexSubject Index
