Investment Management: A Modern Guide to Security Analysis and Stock Selection

Front Matter....Pages i-xv
Front Matter....Pages 1-1
Introduction....Pages 1-9
Introduction to Market Microstructure....Pages 13-29
An Overview of Securities Markets Regulation around the World....Pages 31-45
Front Matter....Pages 1-1
The Capital Asset Pricing Model and Arbitrage Pricing Theory: Theory....Pages 49-80
The Capital Asset Pricing Model and Arbitrage Pricing Theory: Tests and Application....Pages 81-105
Front Matter....Pages 1-1
Accounting and Financial Analysis....Pages 109-137
The use (and misuse) of Cash flow statements....Pages 139-154
Prospective Analysis: Guidelines for Forecasting Financial Statements....Pages 155-223
Front Matter....Pages 1-1
The EVA Approach to Investing....Pages 227-239
DCF Valuation Models: Free Cash flow, APV, ECF and CCF valuation models....Pages 241-260
Valuation Using Multiples....Pages 261-281
Real Options Perspective of Security Analysis....Pages 283-297
Investing in Initial Public Offerings and Depository Receipts....Pages 299-318
Front Matter....Pages 1-1
Pricing Equity Options....Pages 321-357
Investing in Exotic Options....Pages 359-380
Front Matter....Pages 1-1
An Overview of Fixed Income Securities and Markets....Pages 383-403
Investing in Convertibles, Preferred Stocks and Warrants....Pages 405-438
Managing Fixed Income Portfolios....Pages 439-451
Interest Rate Derivatives....Pages 453-470
The Credit Market....Pages 471-481
Front Matter....Pages 1-1
Investing in Credit Derivatives....Pages 483-494
Front Matter....Pages 1-1
Market Efficiency: Theory, Tests and Applications....Pages 497-515
An Overview of Mutual Funds and Exchange Traded Funds....Pages 517-538
Understanding Active Portfolio Management....Pages 539-565
Measuring Mutual Fund Performance....Pages 567-587
Hedge Funds....Pages 589-609
Investing in Emerging Markets....Pages 611-624
Front Matter....Pages 1-1
Behavioral Finance and Investment Strategy....Pages 627-634