CONTENTS
Preface vii
Acknowledgements xi
Part 1 Introduction
1.Overview : A Broad Map of the Territory 3
2.Investment Alternatives : Choces Galore 27
3.Securities Market : The Battlefield 47
Part 2 Basic Concepts and Methods
4.Risk and Return : Two Sides of the Investment Coin 95
5.The Time Value of Money : The Magic of Compounding 116
6.Financial Statement Analysis : The Information Maze 151
Part 3 Modern Portfolio Theory
7.Portfolio Theory : The Benefits of DIversification 215
8.Capital Asset pricing Model and Arbitrage Pricing Theory : The Risk Reward Relationship 246
9.Efficient Market Hypothesis : The Collective Wisdom 276
10.Behavioural Finance : The Irrational Influences 294
Part 4 : Fixed Income Securities
11.Bond Prices and Yields : Figuring out of the Assured Returns 315
12.Bond Portfolio Management : The Passive and Active Stances 348
Part 5 : Equity Shares
13.Equity valuation : How to Find Your Bearings 371
14.Macroeconomic and Industry Analysis : Understanding the Broad Picture 405
15.Company Anlysis : Establishing the Value Benchmark 427
16.Technical Analysis : The Visual Clue 463
Part 6 : Derivatives
17.Options : The Upside without the Downside 483
18.Futures : Where the Hedgers and the Speculators Meet 520
Part 7 Other Investment Options
19.Mutual Funds : Indirect Investing 547
20.Investment in Real Assets : The Tangible Thing 573
Part 8 Portfolio Management
21.Portfolio Management Framework : The Grand Design 589
22.Guidelines for Investment Decisions : What It All Comes To 639
23.Strategies of the Great Masters : The Timeless Wisdom 672
24.International Investing : The Global Search 697
Appendix A : Tables 707
Appendix B : Regression Analysis 716
Appendix C : Tax Aspects of Investments 719
Select Bibliography 727
Investment Related Websites 729
Index 731