This book seeks to capture the essence of modern developments in investments and provides a guided tour of the intricate and complex world of investments. Written by a highly acknowledged author and expert, this book: • Describes the characteristics of various investment alternatives available to investors • Discusses how the securities market functions • Explains the techniques used by professionals for analyzing and valuing investment alternatives • Discusses the implications of modern research in the field of investments • Explains how financial derivatives like futures and options are valued • Presents a framework for portfolio management • Provides insights into the strategies followed by the investment wizards of the world • Sensitises the reader to the pitfalls in the investment game • Offers a set of guidelines for investors with varying inclinations What's New in the Third Edition • Two new ...
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