Essentials of Investments with S&P card (The Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate)

Undoubtedly still one of the best introductory books on investments, Essentials of Investments is now on its 8th edition. Authors Bodie, Kane, and Marcus were successful in integrating and presenting real world applications of theories, giving students a good picture of investment principles in action. Redundant mathematical details were also avoided so that readers can focus on just the useful insights needed to be successful in the field. The newest edition incorporates up-to-date case studies on the recent economic crisis. The authors also added a brand new chapter dedicated to hedge funds. Essentials of Investments with S&P card (The Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate) ISBN 9780077339180 is divided into 6 parts, with a total of 22 chapters. The first part revolves around the basic elements of investments, including asset classes, financial instruments, securities markets, mutual funds, and other fundamental concepts. Another section talks about portfolio theory, along with sub-topics like risk and return, diversification, capital asset pricing, behavioral finance, etc. The book also looks into debt securities and security analysis. Derivative markets are discussed in detail. Yhe concluding chapters talk about active investment management, portfolio performance evaluation, international investing and globalization, and hedge funds. Other topics under active investment management include taxes, inflation, investment strategy and process, and the investors. This book boasts an amazing author pool consisting of Zvi Bodie, a recognized professor at the Boston University School of Management, Alex Kane, also a professor of finance and economics at the University of California's Graduate School of International Relations and Pacific Studies, and Alan Marcus, an acclaimed professor at the Wallace E Carill School of Management (Boston College). All three authors have established careers in teaching finance and related courses.