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ANALYSIS OF INVESTMENTS AND MANAGEMENT OF PORTOFOLIOS
The pleasure of authoring a textbook comes from writing about a subject that you enjoy and find exciting. As an author, you hope that you can pass on to the reader not only knowledge but also the excitement that you feel for the subject. In addition, writing about investments brings an added stimulant because the subject can affect the reader during his or her entire business career and beyond. We hope what readers derive from this course will help them enjoy better lives through managing their financial resources properly.
The purpose of this book is to help you learn how to manage your money so that you will derive the maximum benefit from what you earn. To accomplish this purpose, you need to learn about the investment alternatives that are available today and, what is more important, to develop a way of analyzing and thinking about investments that will remain with you in the years ahead when new and different investment opportunities become available.
Because of its dual purpose, the book mixes description and theory. The descriptive mate- rial discusses available investment instruments and considers the purpose and operation of capital markets in the United States and around the world. The theoretical portion details how you should evaluate current investments and future opportunities to develop a portfolio of investments that will satisfy your risk-return objectives.
Preparing this ninth edition has been challenging for two reasons. First, many changes have occurred in the securities markets during the last few years in terms of theory, new financial instruments, trading practices, and a significant credit/liquidity disruption. Second, as men- tioned in prior editions, capital markets continue to become very global in nature. Consequently, early in the book we present the compelling case for global investing. Subsequently, to ensure that you are prepared to function in a global environment, almost every chapter discusses how investment practice or theory is influenced by the globalization of investments and capital markets. This completely integrated treatment is to ensure that you develop a broad mindset on investments that will serve you well in the 21st century.
10000855 | 332.6 BRO a 9th | RLC MM (Rak Buku Umum) | Available |
10000913 | 332.6 BRO a 9th (1) | RLC MM (Rak Buku Umum) | Available |
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