Investment Analysis and Portfolio Management, 8th Edition

  • includes Thomson ONE - Business School Edition
  • Frank K. Reilly University of Notre Dame
  • Keith C. Brown University of Texas at Austin
  • ISBN-10: 0324289030
  • ISBN-13: 9780324289039
  • 1200 Pages Hardcover 
  • Previous Editions: 2003, 2000, 1997
  • © 2006 | Published
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About The Solution

Overview

The purpose of this text is to help the student learn how to manage their money to derive the maximum benefit from what they earn. Mixing investment instruments and capital markets with the theoretical detail on evaluating investments and opportunities to satisfy risk-return objectives along with how investment practice and theory is influenced by globalization. The material is intended to be rigorous and empirical yet not overly quantitative. Reilly/Brown provides the best foundation, used extensively by professionals, organizations, and schools across the country. A great source for those with both a theoretical and practical need for investment expertise.


Additional Product Information

Features/Benefits

  • More Concise: Text has been streamlined for this edition.
  • International coverage: continues to lead the market in through inclusion of international issues.
  • CFA questions/excercises: included to help in the student�s preparation for the CFA exam.

What's New

  • Behavioral Finance: more in depth coverage of this hot topic.
  • Hedge funds and Codes of Ethics: discussion added to this edition.
  • International Coverage: most comprehensive on the market!
  • Thomson ONE Business School edition: this tool, similar to one used by analysts and brokers, enables students to have a one stop shop to do financial analysis and research.
  • Stock Navigator: this optional stock simulation access code can be bundled with the text to enhance the real world experience in the course.

Table of Contents

Part 1: THE INVESTMENT BACKGROUND.
Chapter 1. The Investment Setting.
Chapter 2. The Asset Allocation Decision.
Chapter 3. Selecting Investments in a Global Market.
Chapter 4. Organization and Functioning of Securities Markets.
Chapter 5. Security Market Indicator Series.
Part 2: DEVELOPMENTS IN INVESTMENT THEORY.
Chapter 6. Efficient Capital Markets.
Chapter 7. An Introduction to Portfolio Management.
Chapter 8. An Introduction to Asset Pricing Models.
Chapter 9. Multifactor Models of Risk and Return.
Part 3: VALUATION PRINCIPLES AND PRACTICES.
Chapter 10. Analysis of Financial Statements.
Chapter 11. An Introduction to Security Valuation.
Part 4: ANALYSIS AND MANAGEMENT OF COMMON STOCKS 400.
Chapter 12. Macroanalysis and Microvaluation of the Stock Market.
Chapter 13. Industry Analysis.
Chapter 14. Company Analysis and Stock Valuation.
Chapter 15. Technical Analysis.
Chapter 16. Equity Portfolio Management Strategies.
Part 5: ANALYSIS AND MANAGEMENT OF BONDS.
Chapter 17. Bond Fundamentals.
Chapter 18. The Analysis and Valuation of Bonds.
Chapter 19. Bond Portfolio Management Strategies.
Part 6: DERIVATIVE SECURITY ANALYSIS.
Chapter 20. An Introduction to Derivative Markets and Securities.
Chapter 21. Forward and Futures Contracts.
Chapter 22. Option Contracts.
Chapter 23. Swap Contracts, Convertible Securities, and Other Embedded Derivatives.
Part 7: SPECIFICATION AND EVALUATION OF ASSET MANAGEMENT.
Chapter 24. Professional Asset Management.
Chapter 25. Evaluation of Portfolio Performance.

Products Included

Instructor Supplements

Instructor Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About the Solution" tab, then select "What's New" for updates specific to title's edition. For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor's Manual  (ISBN-10: 0324289057 | ISBN-13: 9780324289053)

The Instructor's Manual contains resources designed to streamline and maximize the effectiveness of your course preparation.


Solutions Manual  (ISBN-10: 0324289049 | ISBN-13: 9780324289046)

Homework help! Worked-out solutions to select problems in the text.


PowerPoint®  (ISBN-10: 0324407874 | ISBN-13: 9780324407877)


Instructor's Resource CD-ROM  (ISBN-10: 0324289065 | ISBN-13: 9780324289060)


A Guide to Using Thomson ONE - Business School Edition  (ISBN-10: 0324319304 | ISBN-13: 9780324319309)

This guide is intended to help instructors and students navigate the Thomson ONE Business School Edition database to look up current data, perform ratio analysis, and carry out class assignments and end-of-chapter Thomson ONE Business School Edition problems that require real-time data.


Student Supplements

Student Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About the Solution" tab, then select "What's New" for updates specific to title's edition. For more information about these supplements, or to obtain them, contact your Learning Consultant.

A Guide to Using Thomson ONE - Business School Edition  (ISBN-10: 0324319304 | ISBN-13: 9780324319309)

This guide is intended to help you navigate the Thomson ONE Business School Edition database to look up current data, perform ratio analysis, and carry out class assignments and end-of-chapter Thomson ONE Business School Edition problems that require real-time data.


Meet the Author

About the Author

Frank K. Reilly

Frank K. Reilly, a Chartered Financial Analyst (CFA), is the Bernard J. Hank Professor of Finance, Mendoza College of Business, University of Notre Dame, where he served as dean from 1981-1987. Prior to 1981, Dr. Reilly was a professor at the University of Illinois at Urbana-Champaign, the University of Wyoming, and the University of Kansas. Recently, he was part of the inaugural group selected as a fellow of the Financial Management Association International. At the 2001 AIMR annual meeting in Los Angeles, he received the Daniel J. Forrestal III Leadership Award for Professional Ethics and Standards of Investment Practice. Among his other honors, Professor Reilly was included in the list of Outstanding Educators in America, received the Alumni Excellence in Graduate Teaching Award and the Outstanding Educator Award from the M.B.A. class at the University of Illinois, the Outstanding Teachers Award from the M.B.A. class at the University of Notre Dame, and the Faculty Award from the University of Notre Dame. He received his B.B.A. at the University of Notre Dame, his M.B.A. at Northwestern University, and his Ph.D. at the University of Chicago.

Keith C. Brown

Keith C. Brown, a Chartered Financial Analyst (CFA), is the Jack S. Josey Professor, University Distinguished Teaching Professor, and Fayez Sarofim Fellow at the McCombs School of Business at the University of Texas at Austin, where he teaches Investments, Portfolio Management and Security Analysis, Capital Markets, and Derivatives courses at the BBA and MBA levels. He is president and CEO of The MBA Investment Fund, LLC, a private capital appreciation fund managed by UT graduate students, and the former director of the department's Hicks, Muse, Tate & Furst Center for Private Equity Finance. Professor Brown is cofounder and senior partner of Fulcrum Financial Group, a portfolio management and investment advisory firm located in Austin, Texas, and Las Vegas, Nevada. He serves as an advisor to the boards of the Teacher Retirement System of Texas and the University of Texas Investment Management Company. He is an associate editor for the JOURNAL OF INVESTMENT MANAGEMENT and the JOURNAL OF BEHAVIORAL FINANCE. He received his B.A. from San Diego State University and his M.S. and Ph.D. from Purdue University.