Essentials of Investments ISE

Zvi Bodie is Professor Emeritus at Boston University. He holds a PhD 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. He has published widely in scholarly and professional journals on pension investment strategy and life-cycle asset-liability matching. In 2007 the Retirement Income Industry Association gave him its Lifetime Achievement Award for applied research.






Alex Kune holds a PhD from the Stern School of Business of New York University and has been Visiting Professor at the Faculty of Economics, University of Tokyo; Graduate School of Business, Harvard; Kennedy School of Government, Harvard; and Research Associate, National Bureau of Economic Research. An author of many articles in finance and management journals. Professor Kanes research is mainly in corporate finance, portfolio management. and capital markets.






Alan Marcus is the Mario J. Gabelli Professor of Finance in the Carroll School of Management at Boston College. He received his PhD in economics from MIT. Professor Marcus has been a visiting professor at the Athens Laboratory of Business Administration and at MIT's Sloan School of Management and has served as a research associate at the National Bureau of Economic Research. Professor Marcus has published widely in the fields of capital markets and portfolio management. He also spent two years at the Federal Home Loan Mortgage Corporation (Freddie Mac), where he developed models of mortgage pricing and credit risk.
He currently serves on the Research Foundation Advisory Board of the CFA Institute.

Part ONE: ELEMENTS OF INVESTMENTS

chapter 1: investments: background and issues

chapter 2: asset classes and financial instruments

chapter 3: securities markets

chapter 4: mutual funds and other investment companies

Part TWO: PORTFOLIO THEORY

chapter 5: risk, return, and the historical record

chapter 6: efficient diversification

chapter 7: capital asset pricing and arbitrage pricingtheory

chapter 8: the efficient market hypothesis

chapter 9: behavioral finance and technical analysis

Part THREE: DEBT SECURITIES

chapter 10: bond prices and yields

chapter 11: managing bond portfolios

Part FOUR: SECURITY ANALYSIS

chapter 12: macroeconomic and industry analysis

chapter 13: equity valuation

chapter 14: financial statement analysis

Part FIVE: DERIVATIVE MARKETS

chapter 15: options markets

chapter 16: option valuation

chapter 17: futures markets and risk management

Part SIX: ACTIVE INVESTMENT MANAGEMENT

chapter 18: evaluating investment performance

chapter 19: international diversification

chapter 20: hedge funds

chapter 21: taxes, inflation, and investment strategy

chapter 22: investors and the investment process

appendixes

a references

b references to cfa questions

index