Security Analysis and Portfolio Management

This text aims to combine traditional methods of security analysis and portfolio management with modern approaches, concepts and techniques. As in previous editions, the authors treat investing as a rational decision-making process in which the investor attempts to select a package or portfolio of securities that meets a predetermined set of goals. In the new fifth edition, Fisher and Jordan place stronger emphasis on investment strategies for stocks, bonds and other assets. In addition, there is expanded coverage of options and futures, a new section on alternative investments with new chapters on international investing and venture capital and real estate investing. Recent developments in taxation and accounting relevant to securities analysis and investing are covered. There is a menu-driven diskette to help students in problem solving.