The market leading undergraduate investments textbook, "Essentials of Investments, 8/e" by Bodie, Kane and Marcus, emphasizes asset allocation while presenting the practical applications of investment theory. The authors have eliminated unnecessary mathematical detail and concen…
We present three chapters on theoretical issues of banking. These deal with bank runs, risk sharing, lending and profitability. In the first chapter, we examine the agency problem in the bank-depositor relationship. Depositors are the principals and banks are the agents. Banks c…
The challenge: can you attain wealth in today's investment environment? -- Financial mathematics -- The securities markets and macroeconomics -- Financial statement analysis -- Forecasting techniques -- Analysis and fixed income securities -- Analysis of common stocks -- Futures…