Investment Analysis

This book offers a comprehensive, yet intuitive, overview of portfolio theory and investment analysis for a student with little background in these subjects. I especially like how self-contained and accessible the book is. A beginning student with a little mathematics background should have no difficulty following the arguments and formulae. - Professor Raghavendra Rau, Sir Evelyn de Rothschild Professor of Finance, Cambridge Judge Business School, University of Cambridge, Cambridge This book is organized in three excellent parts. The author, Michael Dempsey, not only provides a great depth of knowledge about the foundations of investments, portfolio analysis and management, but also shows carefully how the techniques acquired can be used and implemented in various business situations. Students and professionals who want to excel in the financial services industry would greatly benefit from reading this interesting book. - Duc Khuong Nguyen, Professor of Finance, Head, Department of Finance, Auditing and Accounting, Deputy Director for Research, IPAG Business School, Paris. Professor Dempsey does an excellent job in explaining investment and portfolio management in a clear and easy-to-understand style. The illustrative examples in the text will surely help students better understand complexities and bring more clarity to the analysis. I highly encourage anyone with an interest in finance, students and professionals alike, to read this book and to have it on their shelves. - Sabri Boubaker, Ph.D., Professor of Finance, South Champagne Business School & University of Paris Est