The Purpose of this book is to help you understand how to manage your money so that you will derive the maximum benefit
from what you earn.To accomplish this purpose,you need to learn about the investment alternatives available today,and,more
importantly,you must develop a way of analyzing and thinking about investment that will remain with you in the years ahead when new different opportunities become available.
Because of its dual purpose,the book mixes description and theory. The descriptive material discusses available investment instruments and considers the purpose and operation of capital markets in the United States and around the world.The theoretical portion details how you should evaluate current investment and future opportunities so that you can construct a portfolio of investments that will satisfy your risk-return objectives.
Part 1 Introduction
Part 2 The Investment Environment
Part 3 Measurement and Management of Risk
Part 4 Valuation: Review and Fixd-Income Applications
Part 5 Equity Securities: Valuation and Management
Part 6 Derivative Securities
Part 7 Portfolio Management Applications