Fundamentals of Investments - Hardcover

Gordon J. Alexander

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9780133354492: Fundamentals of Investments

Synopsis

This introductory text provides a clear framework for understanding and analyzing securities. It also covers the major institutional features and theories of investing in the current economy. This edition has a more international perspective, reflecting the authors' belief that the field of investment is destined to become more global than it currently is. The book, primarily intended for undergraduate readers, focuses on the investment environment and the investment process, while discussing stocks, bonds and other securities. It examines the theories of Markowitz, Sharpe, Linter, Mossin, Black, Scholes and Ross. There are also point-by-point chapter summaries.

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From the Back Cover

Key Benefit: This introduction provides a clear framework for understanding and analyzing securities, and covers the major institutional features and theories of investing in the current economy. Key Topics: The Second Edition adds international content on common stock anomalies in the U.S. and Japan, and trading in foreign capital markets; focuses on the kinds of marketable securities that exist and where and how they are bought and sold.

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