Modern Investment Theory

This is a book about the theory of investment management. Among other things, the theory provides the tools to enable you to manage investment risk, detect mispriced securities, minimize taxes, and measure the performance of investment managers.This book is intended for the introductory graduate or intermediate undergraduate course in investment management. It requires a minimal level of training in mathematics and statistics. The book presents many mini case studies which show students how the techniques explored in the book are actually used in the real world.