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Practical Investment Management,Used
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This text is intended for those studying investments for the first time. Very practical and applied, it is comprehensive enough for those who plan to become CFAs, but remains userfriendly due to its clarity of explanation and its pedagogy. The book contains all standard topics found in the typical modern investments text, but in addition, several chapters of Practical Investment Management are unique. The third edition has two new chapters, one on behavioral finance (Ch. 11) and a second "security analysis" chapter (Ch. 8). Behavioral finance has become a mainstream topic in investment circles, and readers find it very interesting. The chapter on MortgageBacked Securities was new to the second edition. In addition to being an increasingly important asset class, mortgagebacked securities provide some thoughtprovoking questions on fixed income valuation. Bob Strong has an engaging writing style along with practical experience making this a very solid, yet very friendly, book for readers.
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