INVESTMENT ANALYSIS- MICHAEL DEMPSEY

This textbook is designed as a core text for finance courses that cover market investments, portfolio formation, and the management of investment portfolios. As such, the text seeks to convey insight and actual wisdom about the nature of these activities. When combined with a commitment to independent thinking, it offers students rigorous preparation for entry into the funds‑management industry.

The text is presented in three parts. Part A introduces the fundamental techniques of investment analysis—a “bottom‑up” and “top‑down” analysis of the firm aimed at evaluating the underlying share as a “buy,” “hold,” or “sell” recommendation. Part B offers an intuitive grasp of investment growth across time and assets. Part C introduces the technicalities of portfolio construction and portfolio management, and the book concludes with an assessment of the funds‑management industry.

The material builds in step‑by‑step stages with illustrative examples that consolidate progress and understanding through each chapter. Each part contains enough content to justify a separate course; Parts A and B can be combined into a single course for students with a foundational finance background or for those already familiar with statistical concepts. Consequently, the text can be presented at either undergraduate or postgraduate level, paced appropriately to the student’s prior exposure.

Buy INVESTMENT ANALYSIS- MICHAEL DEMPSEY and more Books Online in Nairobi, Kenya at your doorstep and download our Android App or iOS App to get a discount.