Essentials of Investments: 2024 Release ISE

PART ONE: ELEMENTS OF INVESTMENTS 
 1 Investments Background and Issues 
 2 Asset Classes and Financial Instruments 
 3 Securities Markets 
 4 Mutual Funds and Other Investment Companies
PART TWO: PORTFOLIO THEORY 
 5 Risk, Return, and the Historical Record 
 6 Efficient Diversification 
 7 Capital Asset Pricing and Arbitrage Pricing Theory 
 8 The Efficient Market Hypothesis 
 9 Behavioral Finance and Technical Analysis 
PART THRE:E DEBT SECURITIES 
 10 Bond Prices and Yields 
 11 Managing Bond Portfolios 
PART FOUR: SECURITY ANALYSIS 
 12 Macroeconomic and Industry Analysis 
 13 Equity Valuation 
 14 Financial Statement Analysis 
PART FIVE: DERIVATIVE MARKETS 
 15 Options Markets 
 16 Option Valuation 
 17 Futures Markets and Risk Management 
PART SIX: ACTIVE INVESTMENT MANAGEMENT 
 18 Evaluating Investment Performance 
 19 International Diversification 
 20 Hedge Funds 
 21 Taxes, Inflation, and Investment Strategy 
 22 Investors and the Investment Process 

The market-leading undergraduate investments textbook, Essentials of Investments by Bodie, Kane, and Marcus, continually adapts to the dynamic shifts in financial markets while maintaining a core theme – that security markets are nearly efficient, meaning you shouldn't expect to find obvious bargains in these markets.  

This text places significant emphasis on asset allocation, seamlessly integrating practical applications of investment theory. Focus on investment analysis allows the authors to present the practical applications of investment theory and convey practical value insights. 

A collection of Excel spreadsheets is provided to give you the tools to explore concepts more deeply. In their commitment to bridging theory with practice, the author team aligns their approach with that of the CFA Institute. The inclusion of questions from previous CFA exams in the end-of-chapter problems, along with CFA-style questions derived from Kaplan-Schweser CFA preparation courses, link theoretical foundations to real-world scenarios. The addition of Integrated Excel assignments in the Connect platform rounds out the student success resources that include auto-graded problems, Tableau Dashboard Activities, and Smartbook, an adaptive reading and practice tool for students.