Bodie, Kane, and Marcus’ Investments is the leading textbook for the graduate/MBA investments market. It is recognized as the best blend of practical and theoretical coverage, while maintaining an appropriate rigor and clear writing style. Its unifying theme is that security markets are nearly efficient, meaning that most securities are usually 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 derivative security markets than most investment texts.
Table of contents:
Part I. Introduction Chapter 1 The Investment Environment Chapter 2 Financial Instruments Chapter 3 How Securities are Traded Chapter 4 Mutual Funds and Other Investment Companies Part II. Portfolio Theory Chapter 5 History of Interest Rates and Risk Premiums Chapter 6 Risk and Risk Aversion Chapter 7 Capital Allocation Between the Risky Asset and the Risk-Free Asset Chapter 8 Optimal Risky Portfolios Part III. Equilibrium in Capital Markets Chapter 9 The Capital Asset Pricing Model Chapter 10 Index Models Chapter 11 Arbitrage Pricing Theory and Multifactor Models of Risk and Return Chapter 12 Market Efficiency and Behavioral Finance Chapter 13 Empirical Evidence on Security Returns Part IV. Fixed-Income Securities Chapter 14 Bond Prices and Yields Chapter 15 The Term Structure of Interest Rates Chapter 16 Managing Bond Portfolios Part V. Security Analysis Chapter 17 Macroeconomic and Industry Analysis Chapter 18 Equity Valuation Models Chapter 19 Financial Statement Analysis Part VI. Options, Futures, and Other Derivatives Chapter 20 Options Markets: Introduction Chapter 21 Option Valuation Chapter 22 Futures Markets Chapter 23 Futures and Swaps: A Closer Look Part VII. Active Portfolio Management Chapter 24 Portfolio Performance Evaluation Chapter 25 International Diversification Chapter 26 The Process of Portfolio Management Chapter 27 The Theory of Active Portfolio Management Appendix A. Quantitative Review Appendix B. References to CFA Question Appendix C. Glossary
Table of contents:
Part I. Introduction Chapter 1 The Investment Environment Chapter 2 Financial Instruments Chapter 3 How Securities are Traded Chapter 4 Mutual Funds and Other Investment Companies Part II. Portfolio Theory Chapter 5 History of Interest Rates and Risk Premiums Chapter 6 Risk and Risk Aversion Chapter 7 Capital Allocation Between the Risky Asset and the Risk-Free Asset Chapter 8 Optimal Risky Portfolios Part III. Equilibrium in Capital Markets Chapter 9 The Capital Asset Pricing Model Chapter 10 Index Models Chapter 11 Arbitrage Pricing Theory and Multifactor Models of Risk and Return Chapter 12 Market Efficiency and Behavioral Finance Chapter 13 Empirical Evidence on Security Returns Part IV. Fixed-Income Securities Chapter 14 Bond Prices and Yields Chapter 15 The Term Structure of Interest Rates Chapter 16 Managing Bond Portfolios Part V. Security Analysis Chapter 17 Macroeconomic and Industry Analysis Chapter 18 Equity Valuation Models Chapter 19 Financial Statement Analysis Part VI. Options, Futures, and Other Derivatives Chapter 20 Options Markets: Introduction Chapter 21 Option Valuation Chapter 22 Futures Markets Chapter 23 Futures and Swaps: A Closer Look Part VII. Active Portfolio Management Chapter 24 Portfolio Performance Evaluation Chapter 25 International Diversification Chapter 26 The Process of Portfolio Management Chapter 27 The Theory of Active Portfolio Management Appendix A. Quantitative Review Appendix B. References to CFA Question Appendix C. Glossary