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Investments: Analysis and management (McGraw-Hill series in finance) (Third Edition)
Investments Analysis and management - McGraw-Hill series in finance - Third Edition Author:Jack Clark Francis The objective of this book is to facilitate learning of both the traditional investments material and the newer risk-return concepts by integrating these two important approaches. Integrating these two schools of investments thought is a challenge because some people perceive them to be competitive approaches. The author sees these two approache... more »s as complementary rather than competitive and believes that it is easier to learn the risk-return theory within the backgroung provided by the existing inventment institutions. Likewise, the risk-return theory helps explain why some of the existing practices (such as diversification) have developed and endured for ages.« less