Investment Analysis and Portfolio Management

This book seeks to capture the essence of modern developments in investments and provides a guided tour of the intricate and complex world of investments.written by a highly acknowledged author and expert, this book: describes a characteristics of various investment alternatives available to investorsdiscusses how the securities market functionsexplains the techniques used by professionals for analyzing and valuing investment alternativesdiscusses the implications of modern research in the field of investmentsexplains how financial derivatives like futures and options are valuedpresents a framework for portfolio managementprovides insights into the strategies followed by the investment wizards of the worldsensitizes the reader to the pitfalls of the investment gameoffers a set of guidelines for investors with varying inclinationsnotable additions in this editiontwo new chapterstwo new appendixes ten new sectionsseveral new minicasesthe accompanying cd containsadditional solved problems, additional self-test problems and additional minicasesexcel spreadsheetssupplementary notesinvestment analysis and portfolio management is meant for:investment practitioners like equity researchers, portfolio managers, and investment counsellorslay investors interested in managing their investments in a rational and systematic mannermba students taking a course in investments (popularly called 'security analysis and portfolio management).