The core concepts and tools students need to make informed investment decisions. Fundamentals of Investing helps students make informed investment decisions in their personal and professional lives by providing a solid foundation of core concepts and tools. Smart/Gitman/Joehnk use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers. The authors integrate a consistent framework based on learning goals to keep students focused on what is most important in each chapter. Students leave the course with the necessary information for developing, implementing, and monitoring a successful investment program.
Key Features
- Provide an accessible layout: The Learning Goal System frames each chapter, giving students a clear roadmap through a tightly woven structure that links each header, end-of-chapter summary, discussion questions, problems, and cases.
- Get students invested in the material: The friendly and engaging writing style helps students learn the material the first time and review the material before exams.
- Tailor the material to fit your course: A flexible chapter structure allows professors to easily integrate the text into their syllabi.
New to This Edition
- Provide the most recent material: To stay current in the field of investments and to continue to craft a book that will truly meet the needs of students and professors, new learning tools andtopic coverage are included:
- New Lead Author: Scott Smart, Scott received his Ph.D. from Stanford University in 1991, and he has been a member of the finance faculty at Indiana University since then. He is currently Associate Chair of the MBA Program at Indiana University's Kelley School of Business. His scholarly articles have appeared in the Journal of Financial Economics, the Journal of Finance, Financial Management, the Financial Review, the Journal of Accounting and Economics, and other scholarly journals. He has been recognized as an outstanding teacher by Business Week, and he has won more than a dozen teaching awards. Readers will see Scott’s imprint on every page.
- Updated real-world data through 2012, including text, tables, and figures.
- A new, tablet-like design and many new digital features that students can use on their own to enhance their learning.
- A new feature called An Advisor's Perspective. Available in MyFinanceLab, this feature consists of short video clips of professional investment advisors, including some of national prominence (such as Jim Grant of Grant's Interest Rate Observer), talking about the investments topics covered in each chapter.
- New QR codes in the margins of each chapter. Students can scan these codes with their smart phones to gain access to videos and other web content that enhance the topical coverage of each chapter.
- A new feature called Investor Mistakes. These boxes appear in the margins of most chapters and highlight investment lessons gleaned from the behavioral finance literature.
- New and updated Investor Facts boxes–brief sidebar items that give an interesting statistic or cite an unusual investment experience.
- Updated Markets in Crisis feature highlighting various aspects of the recent financial crisis and recession.
- Step-by-step video tutorials featuring author Scott Smart, found in MyFinanceLab, act as a learning aid for select end-of-chapter questions.
- Expanded and updated coverage of behavioral finance, particularly but not exclusively in Chapter 9.
- New and updated chapter openers with, in many chapters, an end-of-chapter problem that ties back to the chapter opener.
- Expanded coverage of exchange-traded funds in Chapter 12.
Contents
Part I. PREPARING TO INVEST
- Chapter 1. The Investment Environment
- Chapter 2. Securities Markets and Transactions
- Chapter 3. Investment Information and Securities Transactions
Part II. IMPORTANT CONCEPTUAL TOOLS
- Chapter 4. Return and Risk
- Chapter 4A. The Time Value of Money
- Chapter 5. Modern Portfolio Concepts
Part III. INVESTING IN COMMON STOCKS
- Chapter 6. Common Stocks
- Chapter 7. Analyzing Common Stocks
- Chapter 8. Stock Valuation
- Chapter 9. Market Efficiency and Behavioral Finance
Part IV. INVESTING IN FIXED-INCOME SECURITIES
- Chapter 10. Fixed-Income Securities
- Chapter 11. Bond Valuation
Part V. PORTFOLIO MANAGEMENT
- Chapter 12. Mutual Funds and Exchange-Traded Funds
- Chapter 13. Managing Your Own Portfolio
Part VI. DERIVATIVE SECURITIES
- Chapter 14. Options: Puts and Calls
- Chapter 15. Commodities and Financial Futures
- Glossary
- Index
- Credits
WEB CHAPTERS
- 16. Investing in Preferred Stocks
- 17. Tax-Advantaged Investments
- 18. Real Estate and Other Tangible Investments
Book Details
- Hardcover: 672 pages
- Publisher: Prentice Hall; 12 edition (c2014)
- Language: English
- ISBN-10: 0133075354
- ISBN-13: 978-0133075359
- Product Dimensions: 8 x 10 inches
- List Price: $260.00