Proved to be a great first book on Investing in Securities, including coverage of Bonds, Stocks, Options. The Capital Asset Pricing Model, Term Structure of Interest Rates, and Black Scholes are also of great value.
Received timely and in good condition.
Published by Thriftbooks.com User , 15 years ago
This book is was received in excellent condition and has been very helpful in my studies.
Excellent intro to Investment theory
Published by Thriftbooks.com User , 24 years ago
I studied the entire book for my Investment Management course at Stellenbosch University in South Africa and found it very complete from the point of view of the "novice" investor and/or student. The book is not written for the intermediate or expert investor, but for an introductory course in Investment management it did the trick.
Essentials of Investments
Published by Thriftbooks.com User , 24 years ago
This is a clearly written book with excellent visual aids. I especially liked the concept checks and the current events boxes. The sample questions from CFA exams were particularly helpful. On whole the book does an exceptional job of explaining difficult subject matter. I'd even recommend this book to the 'lay' reader.
Great Book for Students.
Published by Thriftbooks.com User , 25 years ago
I am a student and used this book for my Invesment Analysis class. The text reads well. However, it is confusing in some spots, particularly the word explanations of the equations. (i.e. Put-Call Parity Theorm) However, it covers everything under the sun and has a up to date feel about it. I highly recommend this book to up and coming investors. Professionals do not need to read this book.
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