Essentials of Investments

by Zvi Bodie, Alan J. Marcus, Alex Kane

ESSENTIALS OF INVESTMENTS 3/E is intended for the required Undergraduate Investments course for all finance majors. A significant number of other business majors also take this course as an elective. ESSENTIALS OF INVESTMENTS, 3/E is a text on investment analysis. The authors have eliminated unnecessary mathematical detail and concentrated 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 also continues to develop modern topics. However, since it is intended for undergraduates, the authors place more emphasis on securities and security analysis and de-emphasize technical aspects of portfolio analysis. The major objective in this revision is to maintain the current level in content and coverage, but work on improving the text's accessibility by enhancing presentation, pedagogy, and design.

Genres: Finance, Textbooks, Business, Nonfiction, School, College

640 pages, Hardcover

First published January 1, 1992

About the author

Zvi Bodie is the Norman and Adele Barron Professor of Management at Boston University. He has published widely on pension finance and investment strategy in leading professional journals.

Bodie's books include Foundations of Pension Finance, Pensions in the U.S. Economy, Issues in Pension Economics, and Financial Aspects of the U.S. Pension System. His textbook, Investments, is the market leader and is used in the certification programs of the CFA Institute and the Society of Actuaries. His textbook Financial Economics is coauthored by Robert C. Merton.

He has served on the finance faculty at the Harvard Business School and MIT Sloan School of Management. He sits on the QFINANCE Advisory Board.[citation needed] In 2007 the Retirement Income Industry Association gave Bodie their Lifetime Achievement Award for applied research.

He holds a Ph.D in economics (1975) from the Massachusetts Institute of Technology.

Reviews

[Alex]

Essentials of Investments with Standard & Poor's Educational Version of Market Insight + PowerWeb + Stock Trak Coupon by Zvi Bodie (2003)

[Joseph Stec · Rating 1 out of 5]

I'd rather punch myself in the face repeatedly than read this book.

[J Brown · Rating 4 out of 5]

This is a textbook.

[Toan Huynh · Rating 4 out of 5]

đã finish sau 4 tháng, và không hiểu hết sách
khó nhai...

[Pon · Rating 4 out of 5]

This book is more of an intermediate level, not recommended for beginners. Some examples of the end-of-chapter problems are provided in excel format via online student resources, which is very helpful. But you won't be able to the answers for most of the problems. All in all, quite a good read for those who want to learn more about portfolio management.

[Nawasandi · Rating 3 out of 5]

"successes or failures of the financial assets we choose to purchase ultimately depend on the performance of the underlying real assets"

[Rebecca · Rating 2 out of 5]

informative, but dull.

[Megan Bond · Rating 1 out of 5]

terrible for non-math oriented people: multiple mathematical errors throughout the book and much of the math processes were unexplained.

[Rob Greca · Rating 3 out of 5]

It's a textbook, but a good one on investing.