Modern Portfolio Theory and Investment Analysis

With the hopes of perfect investment with attributes of high returns and low risks, Modern Portfolio Theory and Investment Analysis examines the characteristics and analysis of individual securities, as well as the theory and practice of optimally combining securities into portfolios. Stressing the economic intuition behind the subject matter while presenting advanced concepts of investment analysis and portfolio management, the authors present material that captures the state of modern portfolio analysis, general equilibrium theory, and investment analysis in an accessible and intuitive manner.