An updated look at security analysis and how to use it during tough financial times
Due to the current economic climate, individual investors are starting to take much more time and effort to really understand their investments. They've been investing on their own in record numbers, but many have no idea how to handle the current financial crisis. This accessible guide shows you how to take control of your investment decisions by mastering security analysis.
This fully updated Second Edition of Getting Started in Security Analysis covers everything you need to fully grasp the fundamentals of security analysis. It focuses on the practical mechanics of such vital topics as fundamental analysis, security valuation, portfolio management, real estate analysis, and fixed income analysis.
- Easy-to-follow instructions and case studies put the tools of this trade in perspective and show you how to incorporate them into your portfolio
- Along with dozens of examples, you'll find special quiz sections that test your skills
- Focuses on key security analysis topics such as deciphering financial statements, fixed-income analysis, fundamental analysis, and security valuation
If you want to make better investment decisions, then look no further than the Second Edition of Getting Started in Security Analysis.
About the Author
BRIAN R. IAMMARTINO is Vice President of Westport Point Capital, a private real estate investment fund. His previous experience includes positions at The Blackstone Group and the not-for-profit organization TeachersCount. Iammartino holds a BS summa cum laude from the Wharton School of the University of Pennsylvania, where he concentrated in finance and accounting, and a Master in Public Policy from Harvard University's John F. Kennedy School of Government.
Table of Contents
PART 1 Tools of the Trade
Chapter 1 Accounting 17
Chapter 2 Economics 35
Chapter 3 Investment Mathematics 77
Chapter 4 Quantitative Analysis 97
PART 2 Fundamental Financial Security Analysis
Chapter 5 Equity Analysis and Valuation 119
Chapter 6 Credit Analysis 169
Chapter 7 Real Estate 203
PART 3 Portfolio Management
Chapter 8 The Investment Management Process 261
Appendix: Selected Tables 309