reilly.brown

　　The purpose of this book is to help you learn how to manage your money to derive the maximum benefit from what you earn. Mixing investment instruments and capital markets with the theoretical detail on evaluating investments and opportunities to satisfy risk-return objectives along with how investment practice and theory is influenced by globalization leaves readers with the mindset on investments to serve them well. The material is intended to be rigorous and empirical yet not overly quantitative. We continue with unparalleled international coverage, newly rewritten and reorganized derivatives material to be more intuitive and clearer, three additional chapters on derivatives pricing for those who want more detail, rewritten material on multifactor models of risk and return, and new CFA problems for more practice on computations concerning investment decisions. To manage money and investments, one needs to learn about investment alternatives and develop a way of analyzing and thinking about investments that will be of benefit and allow a foundation as new tools and investment opportunities become available. Reilly/Brown provide the best foundation, used extensively by professionals, organizations, and schools across the country. A great source for those with both a theoretical and practical need for investment expertise.

　　Frank K. Reilly,
　　University of Notre Dame

　　Keith C. Brown,
　　University of Texas at Austin

Part 1 THE INVESTMENT BACKGROUND
Chapter 1 The Investment Setting
Chapter 2 The Asset Allocation Decision
Chapter 3 Organization and Functioning of
Securities Markets
Chapter 4 Security Market Indicator Series

Part 2 DEVELOPMENTS IN INVESTMENT THEORY
Chapter 5 Efficient Capital Markets
Chapter 6 An Introduction to Portfolio Management
Chapter 7 An Introduction to Asset Pricing Models

Part 3 VALUATION PRINCIPLES AND PRACTICES
Chapter 8 Analysis of Financial Statements
Chapter 9 An Introduction to Security Valuation
Chapter 10 Macroeconomic and Market Analysis:The
Global Asset Allocation Decision

Part 4 ANALYSIS AND MANAGEMENT OF COMMON STOCKS
Chapter 11 Stock Market Analysis
Chapter 12 Company Analysis and Stock Valuation
Chapter 13 Technical Analysis
Chapter 14 Equity Portfolio Management Strategies

Part 5 ANALYSIS AND MANAGEMENT OF BONDS
Chapter 15 Bond Fundamentals
Chapter 16 The Analysis and Valuation of Bonds
Chapter 17 Bond Portfolio Management Strategies