Fundamentals of Investments is aimed at the introductory investments
class with students who have relatively little familiarity with
investments. The text is written in a relaxed, informal style that
engages the student and treats him or her as an active participant
rather than a passive information absorber. Fundamentals appeals to
intuition and basic principles whenever possible because the authors
found that this approach effectively promotes understanding. The text
also makes extensive use of examples, drawing on material from the world
around us and using familiar companies wherever appropriate. Throughout,
the text strikes a balance by introducing and covering the essentials
while leaving some of the details to follow-up courses. Topics are
organized in a way that would make them easy to apply--whether to a
portfolio simulation or to real life--and support these topics with
hands-on activities. This ninth edition provides a terrific framework
and introduction for students looking to pursue a career in
investments--particularly for those interested in eventually holding the
CFA charter.