SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT,6th Edition (Paperback)
About the Book :
A readable text with national approach, this book on capital market and investment in securities, has been in use for twenty years in its earlier editions. This text is aimed at providing a comprehensive introduction to the areas of security analysis and portfolio management. It emphasizes the "how-to" aspects of the subject by using detailed real world examples throughout. Only simple algebra and some elementary statistics are used in the book, and even there the algebra and the statistics are explained in lay terms.
Table of contents
Preface. Introduction to Securities. Markets for Securities and Taxes. Risk and Return. Economic Analysis. Industry Analysis. Company Analysis: Measuring Earnings. Company Analysis: Forecasting Earnings. Company Analysis: Applied Valuation. Bond Analysis: Returns and Systematic Risk. Bond Analysis: Unsystematic Risk. Bond Management Strategies. Options. Rights, Warrants and Convertibles. Futures. Technical Analysis. Efficient-Market Theory. Portfolio Analysis. Portfolio Selection. Capital Market Theory. Managed Portfolios and Performance Measurements. Index.
· A new chapter on risk and return that integrates concepts that were spread throughout several chapters in the previous edition of the book. · New detailed material on the varied segments of the bond market.· A complete update of materials relating to the food services industry, specially of McDonald's Corp., the largest food service organization in the world.· Updated information on the latest developments in taxation and accounting that are relevant to securities analysis and investing.· Greatly expanded end-of-chapter questions and problems. The stock of questions and problems has been increased over forty percent from the fifth edition.· Expanded materials on derivatives to include newer option forms and discussion of the general subject of financial engineering.