Part ONE: ELEMENTS OF INVESTMENTS

Chapter 1: Investments: Background and Issues

Chapter 2: Asset Classes and Financial Instruments

Chapter 3: Securities Markets

Chapter 4: Mutual Funds and Other Investment Companies

Part TWO: PORTFOLIO THEORY

Chapter 5: Risk, Return, and the Historical Record

Chapter 6: Efficient Diversification

Chapter 7: Capital Asset Pricing and Arbitrage Pricing Theory

Chapter 8: The Efficient Market Hypothesis

Chapter 9: Behavioral Finance and Technical Analysis

Part THREE: DEBT SECURITIES

Chapter 10: Bond Prices and Yields

Chapter 11: Managing Bond Portfolios

Part FOUR: SECURITY ANALYSIS

Chapter 12: Macroeconomic and Industry Analysis

Chapter 13: Equity Valuation

Chapter 14: Financial Statement Analysis

Part FIVE: DERIVATIVE MARKETS

Chapter 15: Options Markets

Chapter 16: Option Valuation

Chapter 17: Futures Markets and Risk Management

Part SIX: ACTIVE INVESTMENT MANAGEMENT

Chapter 18: Evaluating Investment Performance

Chapter 19: International Diversification

Chapter 20: Hedge Funds

Chapter 21: Taxes, Inflation, and Investment Strategy

Chapter 22: Investors and the Investment Process

Appendixes

A. References

B. References to CFA Questions

Index