Investment Analysis and Portfolio Management

Combining solid theory with practical application in order to help its readers learn how to manage their money so that they can maximize their earning potential, Investment Analysis and Portfolio Management is filled with real-world illustrations and hands-on applications, this text takes a rigorous, empirical approach to teaching students about topics such as investment instruments, capital markets, behavioral finance, hedge funds, and international investing, and much more. With its 11th edition, this book contains detailed discussions explaining the impact of changes in both technology and regulations on global security markets. In addition, three chapters are devoted to derivatives securities--which are now standard investment instruments.