Fundamentals of Investing / Edition 13 available in Hardcover
For undergraduate courses in Investments.
The core concepts and tools readers need to make informed investment decisions
Fundamentals of Investing helps individuals make informed investment decisions by providing a solid foundation of core concepts and tools. Smart, Gitman, and 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 readers focused in each chapter. Readers leave with the necessary information for developing, implementing, and monitoring a successful investment program.
The 13th Edition uses a conversational tone to make the foreign language, concepts, and strategies of investing accessible to readers. With the help of examples throughout, readers learn to make informed decisions in order to achieve investment goals. The book focuses on both individual securities and portfolios, teaching readers to consider the risk and return of different types of investments and how to use this knowledge to develop, implement, and monitor goals.
Also available with MyLab Finance
MyLab™ Finance is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.
Fundamentals of Investing, 13th Edition is also available via Revel™, an interactive learning environment that enables students to read, practice, and study in one continuous experience. Learn more.
NOTE: You are purchasing a standalone product; MyLab Finance does not come packaged with this content.
If you would like to purchase both the physical text and MyLab Finance search for:
013440839X / 9780134408392 Fundamentals of Investing Plus MyLab Finance with Pearson eText -- Access Card Package
Package consists of:
- 013408330X / 9780134083308 Fundamentals of Investing
- 0134083938 / 9780134083933 MyLab Finance with Pearson eText -- Access Card -- for Fundamentals of Investing
|Edition description:||New Edition|
|Product dimensions:||8.20(w) x 10.10(h) x 0.90(d)|
About the Author
John Graham is the D. Richard Mead Professor of Finance at Duke University where he also serves as the Director of the CFO Global Business Outlook survey. He is coeditor of the Journal of Finance. Professor Graham is also a Research Associate with the National Bureau of Economic Research, Vice President of the Western Finance Association, and been recognised for outstanding teaching and faculty contributions at Duke and the University of Utah.
Michael D. Joehnk is an emeritus professor of finance at Arizona State University. In addition to his academic appointments at ASU, Dr. Joehnk spent a year as a visiting professor of finance at the University of Otago in New Zealand. He received his BA and PhD degrees from the University of Arizona and his MBA from Arizona State University. A Chartered Financial Analyst (CFA), he served as a member of the Candidate Curriculum Committee and of the Council of Examiners of the Institute of Chartered Financial Analysts. He also served as a director of the Phoenix Society of Financial Analysts and as secretary-treasurer of the Western Finance Association and was elected to two terms as vice president of the Financial Management Association. Dr. Joehnk has authored or co-authored more than 50 articles, five popular books, and numerous monographs. In addition to co-authoring several books with Dr. Gitman, Dr. Joehnk wrote the highly successful paperback tradebook INVESTING FOR SAFETY'S SAKE. He also has served as editor and contributed to several other prominent books. His articles have appeared in FINANCIAL MANAGEMENT, JOURNAL OF FINANCE, JOURNAL OF BANK RESEARCH, JOURNAL OF PORTFOLIO MANAGEMENT, JOURNAL OF CONSUMER AFFAIRS, JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, AAII JOURNAL, JOURNAL OF FINANCIAL RESEARCH, BELL JOURNAL OF ECONOMICS, DAILY BOND BUYER, FINANCIAL PLANNER, and other publications. Dr. Joehnk served a six-year term as executive co-editor of the JOURNAL OF FINANCIAL RESEARCH. He and his wife live in Flagstaff, Arizona, where they enjoy hiking and other activities in the nearby mountains and canyons.
Table of Contents
PART I: PREPARING TO INVEST
1. The Investment Environment
2. Securities Markets and Transactions
3. Investment Information and Securities Transactions
PART II: IMPORTANT CONCEPTUAL TOOLS
4. Return and Risk
4A. The Time Value of Money
5. Modern Portfolio Concepts
PART III: INVESTING IN COMMON STOCKS
6. Common Stocks
7. Analyzing Common Stocks
8. Stock Valuation
9. Market Efficiency and Behavioral Finance
PART IV: INVESTING IN FIXED-INCOME SECURITIES
10. Fixed-Income Securities
11. Bond Valuation
PART V: PORTFOLIO MANAGEMENT
12. Mutual Funds and Exchange-Traded Funds
13. Managing Your Own Portfolio
PART VI: DERIVATIVE SECURITIES
14. Options: Puts and Calls
15. Futures Markets and Securities
WEB CHAPTERS (at www.pearsonhighered.com/smart)
16. Investing in Preferred Stocks
17. Tax-Advantaged Investments
18. Real Estate and Other Tangible Investments