The market leading Essentials of Investments, 5/e by Bodie, Kane and Marcus is an undergraduate textbook on investment analysis, presenting the practical applications of investment theory to convey insights of practical value. The authors have eliminated unnecessary mathematical detail and concentrate on the intuition and insights that will be useful to practitioners throughout their careers as new ideas and challenges emerge from the financial marketplace. ESSENTIALS maintains the theme of asset allocation (authors discuss asset pricing and trading then apply these theories to portfolio planning in real-world securities markets that are governed by risk/return relationships). ESSENTIALS continues to develop modern topics. The major objective in this revision is to maintain the current level in content and coverage, with greater emphasis on the Internet and global issues, and to improve the text's accessibility by enhancing presentation, pedagogy, and design.
I. Elements of Investments 1. Investments: Background and Issues 2. Global Financial Instruments 3. How Securities Are Traded 4. Mutual Funds and Other Investment Companies II. Portfolio Theory 5. Risk and Return: Past and Prologue 6. Efficient Diversification 7. Capital Asset Pricing and Arbitrage Pricing Theory 8. The Efficient Market Hypothesis III. Debt Securities 9. Bond Prices and Yields 10. Managing Bond Portfolios IV. Security Analysis 11. Macroeconomic and Industry Analysis 12. Equity Valuation 13. Financial Statement Analysis V. Derivative Markets 14. Options Markets 15. Option Valuation 16. Futures Markets VI. Active Investment Management 17. Investors and the Investment Process 18. Taxes, Inflation, and Investment Strategy 19. Behavioral Finance and Technical Analysis 20. Performance Evaluation and Active Portfolio Management 21. International Investing
