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Investments, 8 Edition
Investments, 8 Edition
Date: 15 April 2011, 15:55

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Bodie/Kane/Marcus is the leading textbook in the graduate investments market. It is recognized as the best blend of practical and theoretical coverage, while maintaining an appropriate rigor and clear writing style. Its unifying theme is that security markets are nearly efficient, meaning that most securities are usually priced appropriately given their risk and return attributes. The text places greater emphasis on asset allocation, and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts.
This latest edition of Investments continues the legacy of excellence established in previous versions. Chapters on behavioral finance, arbitrage pricing theory, multifactor models of risk and return, and international diversification have been dramatically rewritten to meet changes in today’s transformed markets. In addition, unnecessary mathematical and technical detail continues to be left out wherever possible.

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