Organized around a central core of consistent fundamental concepts, this work focuses on the importance of building an efficient portfolio, utilizing an asset allocation strategy. Pricing and tradi…
This text features a systematic review of investments in securities, including a complete description of each type of security, its valuation, and the analysis of risk and return.
Annotation Be a savvy investor and make the stock market work for you. The stock market moves at a dizzying rate, and it can be intimidating for novices to locate the tools necessary to begin maki…
Praise for Michael J. Clowes and the money flood "What a fine book! As an active participant in the revolution in pension investing, I could almost feel the times and tides of the past half-century…
Written for the introductory course in Investments. This book provides a framework for understanding and analyzing securities, and covers the institutional features and theories of investing.