ISBN-13 : 9781259070945
ISBN-10 : 1259070948
Language : English
Published : 2013-04-01
Pages : 800
Case Studies in Finance
Case Studies in Finance links managerial decisions to capital markets and the expectations of investors. At the core of almost all of the cases is a valuation task that requires students to look to financial markets for guidance in resolving the case problem. The focus on value helps managers understand the impact of the firm on the world around it. These cases also invite students to apply modern information technology to the analysis of managerial decisions. The cases may be taught in many different combinations. The eight-part sequence indicated by the table of contents relates to course designs used at the authors’ schools. Each part of the casebook suggests a concept module, with a particular orientation.
ISBN-13 : 9781259070945
The final word on passive vs. active investing
The debate on active investing-stock picking and market timing-versus passive investing-markets are highly efficient and almost impossible to outperform-has raged for decades. Which side is right? In The Quest for Alpha: The Holy Grail of Investing, author Larry E. Swedroe puts an end to the debate, proving once and for all that active investing is likely to prove futile as the associated expenses-costs, fees, and time spent analyzing individual stocks and the overall market-are likely to exceed any benefits gained. The book
- Presents research, data, and quotations that reveal it’s extremely difficult to outperform the market
- Explains why investors should focus on asset allocation, fund construction, costs, tax efficiency, and the building of a globally diversified portfolio that minimizes, if not eliminates, the taking of idiosyncratic, uncompensated risks
- Other titles by Swedroe: The Only Guide to Alternative Investments You’ll Ever Need and The Only Guide You’ll Ever Need for the Right Financial Plan
Investors are on a never-ending search for a money manager who will deliver returns above the appropriate risk-adjusted benchmark, aka the “Holy Grail of Investing.” The Quest for Alpha demonstrates that it’s a loser’s game-while it’s possible to win, it’s so unlikely that you shouldn’t try.
The Oxford Revision Series: Investment Management summarizes the key concepts and practices of investment management which are essential to understanding this important subject. This revision book provides a succinct exposition of all the main topics of investments.
It is divided into several chapters covering the workings and supervision of the financial markets as well as the types of financial assets available for investments. Topics such as modern portfolio theory, the capital asset pricing model, the efficient market hypothesis and the valuation of securities are also included to give readers a balanced and thorough understanding of the key areas in investment.
Combining clear explanations of theory, fully worked examples and a comprehensive set of revision questions, Company Accounting and Financial Statements, sixth edition, provides students with an accessible and practical guide to preparing and interpreting company financial reports. Thoroughly updated to incorporate the most recent changes in International and Australian Accounting Standards Company Accounting and Financial Statements, sixth edition, is suitable for students commencing studies in company accounting and also those studying at more advanced levels. The content has been refocused on the Diploma qualification for Accounting by concentrating on the two performance criteria for the one competency unit.
Cornerstones of Managerial Accounting, South African Edition delivers a unique learning system that is integrated through the entire managerial accounting journey – ensuring students will leave the course with the knowledge they need to be successful business leaders.