- Wydawnictwo: McGraw-Hill
- Data wydania: 21 września 2007
- Geoffrey Hirt
- Stanley Block
Fundamentals of Investment Management 9th edition by Hirt and Block establishes the appropriate theoretical base of investments, while at the same time applying this theory to real-world examples. Students will be able to translate what they have learned in the course to actual participation in the financial markets. The textbook provides students with a survey of the important areas of investments: valuation, the marketplace, fixed income instruments and markets, equity instruments and markets, derivative instruments, and a cross-section of special topics, such as international markets and mutual funds.
The authors approach financial analysis the way it is done by many Wall Street firms. Geoff Hirt directed the CFA program for the Investment Analysts Society of Chicago (now the CFA Institute of Chicago) for 15 years and sat on the board of directors from 2002 to 2005. Stan Block has been a practicing CFA for over 20 years. Both professors have taught and advised student managed investment funds at their universities and bring this wealth of learning experiences to the students who study from this text. The authors are user friendly, but make no concessions to the importance of covering the latest and most important material for the student of investments.
Table of contents
BRIEF CONTENTSPART ONE INTRODUCTION TO INVESTMENTS 1. The Investment Setting 2.Security Markets: Present and Future 3.Participating in the Market 4.Sources of Investment InformationPART TWO ANALYSIS AND VALUATION OF EQUITY SECURITIES 5.Economic Activity 6.Industry Analysis 7.Valuation of the Individual Firm 8.Financial Statement AnalysisPART THREE ISSUES IN EFFICIENT MARKETS 9.A Basic View of Technical Analysis 10. Efficient Markets and AnomaliesPART FOUR FIXED-INCOME AND LEVERAGED SECURITIES11.Bond and Fixed-Income Fundamental12.Principles of Bond Valuation and Investment13.Duration and Reinvestment Concepts14.Convertible Securities and WarrantsPART FIVE DERIVATIVE PRODUCTS15.Put and Call Options16.Commodities and Financial Futures17.Stock Index Futures and OptionsPART SIX BROADENING THE INVESTMENT PERSPECTIVE18.Mutual Funds19.International Security Markets20.Investments in Real AssetsPART SEVEN INTRODUCTION TO PORTFOLIO MANAGEMENT21.A Basic Look at Portfolio Management and Capital Market Theory22.Measuring Risk and Return of Portfolio Managers APPENDICESAppendix A Appendix B Appendix C Appendix D Appendix E Appendix F GLOSSARYINDEX