- Publisher: Financial Times/ Prentice Hall; 1 edition (17 Oct. 2005)
- Language: English
- ISBN-10: 1405832851
- ISBN-13: 978-1405832854
- Product Dimensions: 19.1 x 3.4 x 24.8 cm
- Amazon Bestsellers Rank: 2,905,995 in Books (See Top 100 in Books)
The chapters are very well written, and present even relatively difficult material in a concise and very clear way.
Thore Johnson, NorwegianSchoolof Economics and Business Administration
To some people, security markets are like casinos in which investing is based on predicting security prices and speculating that those predictions will come true. Investments is here to tell you otherwise.
You could try to predict security prices by flipping a coin or reading a horoscope, but if you really want to become a better investor then you need a thorough understanding of securities, securities markets and investment strategies. That is exactly what this book provides.
This topical introduction to investment in security markets discusses in detail the various ways in which you can minimise risk and maximise yields. One of the basic insights that you will obtain from reading this book is that good investments generally do not require forecasting skills. Rather, in many cases, good investments require the matching of the investments with the objectives and constraints of the investor.
Investments is suitable for use by intermediate to advanced undergraduate students taking courses in investments as part of accounting, finance, economics and business studies degrees. It is also suitable for postgraduate students on MBA and other programmes covering investments.
Professor Haim Levy, MA, PhD, is Myles Robinson Professor of Business Administration at The Hebrew University of Jerusalem in The Jerusalem School of Business Administration.
Professor Thierry Post is an Associate Professor of Finance at Erasmus University, the Netherlands.
The book is well-presented and substantial, the terms are clearly explained, there are plenty of examples, and concepts are introduced gradually and thoroughly.
James Clunie, The Universityof Edinburgh