Investments - bodie zvi

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Résumé :
The integrated solutions for Bodie, Kane, and Marcus' Investments set the standard for graduate/MBA investments textbooks. The unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. The content 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.

Available as a separate purchase, McGraw-Hill's adaptive learning component, LearnSmart, provides assignable modules that help students master chapter core concepts and come to class more prepared. In addition, resources within Connect help students solve financial problems and apply what they've learned. Bodie Investments' blend of practical and theoretical coverage combines with a complete digital solution to help your students achieve higher outcomes in the course.

Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.

Biographie:
Zvi Bodie is Professor Emeritus at Boston University, where he taught from 1973 to 2016. Today, he is an independent financial consultant and educator. His main professional interest is to firmly establish finance as an applied science built on the principles explained in his books and websites. He holds a Ph.D. from the Massachusetts Institute of Technology and has served on the finance faculty at the Harvard Business School and MIT's Sloan School of Management. His textbook Financial Economics coauthored by Nobel-Prize winning economist Robert C. Merton has been translated into 9 languages. In addition to his textbooks, Bodie has coauthored two books for the mass market: Risk Less and Prosper: Your Guide to Safer Investing and Worry-Free Investing A Safe Approach to Achieving Your Lifetime Financial Goals. In 2007, the Retirement Income Industry Association gave him its Lifetime Achievement Award for applied research. He has authored and edited many books and articles on pensions and investing for retirement. With the support of the Research Foundation of the CFA Institute, he organized a series of 3 conferences on the theory and practice of life-cycle finance. Currently he serves as senior advisor to the Investments and Wealth Institute and consults for a number of financial firms including Dimensional Fund Advisors.

Sommaire:

Part I Introduction

Chapter: 1 The Investment Environment

Chapter: 2 Asset Classes and Financial Instruments

Chapter: 3 How Securities are Traded

Chapter: 4 Mutual Funds and Other Investment Companies

Part II Portfolio Theory and Practice

Chapter: 5 Risk, Return, and the Historical Record

Chapter: 6 Capital Allocation to Risky Assets

Chapter: 7 Optimal Risky Portfolios

Chapter: 8 Index Models

Part III Equilibrium in Capital Markets

Chapter: 9 The Capital Asset Pricing Model

Chapter: 10 Arbitrage Pricing Theory and Multifactor Models of Risk and Return

Chapter: 11 The Efficient Market Hypothesis

Chapter: 12 Behavioral Finance and Technical Analysis

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, Swaps, and Risk Management

Part VII Applied Portfolio Management

Chapter: 24 Portfolio Performance Evaluation

Chapter: 25 International Diversification

Chapter: 26 Hedge Funds

Chapter: 27 The Theory of Active Portfolio Management

Chapter: 28 Investment Policy and the Framework of the CFA Institute

References to CFA Problems

Glossary

Name Index

Subject Index