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Investments sets the standard as a graduate (MBA) text intended primarily for courses in investment analysis. The guiding principle has been to present the material in a framework that is organized by a central core of consistent fundamental principles and will introduce students to major issues currently of concern to all investors. In an effort to link theory to practice, the authors make their approach consistent with that of the CFA Institute. Many features of this text make it consistent with and relevant to the CFA curriculum.
The common unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. Investments is also organized around several important themes: The central theme is the near-informational-efficiency of well-developed security markets and the general awareness that competitive markets do not offer "free lunches" to participants. A second theme is the risk-return trade-off. Also, this text places great emphasis on asset allocation. Finally, this text offers a broad and deep treatment of futures, options, and other derivative security markets.
作者簡介
Zvi Bodie
現職：Boston University
Alex Kane
現職：University of California, San Diego
Alan J. Marcus
現職：Boston College
PART I: INTRODUCTION
Ch 1 The Investment Environment
Ch 2 Asset Classes and Financial Instruments
Ch 3 How Securities Are Traded
Ch 4 Mutual Funds and Other Investment Companies
PART II: PORTFOLIO THEORY AND PRACTICE
Ch 5 Risk, Return, and the Historical Record
Ch 6 Capital Allocation to Risky Assets
Ch 7 Efficient Diversification
Ch 8 Index Models
PART III: EQUILIBRIUM IN CAPITAL MARKETS
Ch 9 The Capital Asset Pricing Model
Ch10 Arbitrage Pricing Theory and Multifactor Models of Risk and Return
Ch11 The Efficient Market Hypothesis
Ch12 Behavioral Finance and Technical Analysis
Ch13 Empirical Evidence on Security Returns
PART IV: FIXED-INCOME SECURITIES
Ch14 Bond Prices and Yields
Ch15 The Term Structure of Interest Rates
Ch16 Managing Bond Portfolios
PART V: SECURITY ANALYSIS
Ch17 Macroeconomic and Industry Analysis
Ch18 Equity Valuation Models
Ch19 Financial Statement Analysis
PART VI: OPTIONS, FUTURES, AND OTHER DERIVATIVES
Ch20 Options Markets: Introduction
Ch21 Option Valuation
Ch22 Futures Markets
Ch23 Futures, Swaps, and Risk Management
PART VII: APPLIED PORTFOLIO MANAGEMENT
Ch24 Portfolio Performance Evaluation
Ch25 International Diversification
Ch26 Hedge Funds
Ch27 The Theory of Active Portfolio Management
Ch28 Investment Policy and the Framework of the CFA Institute
