Customer Reviews

Investment Analysis and Portfolio Management

5 star:		(4)
4 star:		(5)
3 star:		(0)
2 star:		(0)
1 star:		(2)

 

 

I would have given Reilly's book a five (5) star if its explanation had been slightly simpler and there were key check figures / solutions for chapter exercises & problems at the back. The coverage on most topics in both "Investment" and "Portfolio" parts has been written in much depth supported by research from various well-known journals. I have 3 editions of this same book (1989, 1997 and 2001 - the one just before this edition) and each time Reilly has improved & updated it a great deal. This is the ONLY textbook which really examines the subject of PORTFOLIO MANAGEMENT in detail (especially on bond & derivatives) unlike other texts which merely "introduce" the subject after covering the Investment Analysis part in some depth. Eventhough it is meant for those who have some knowledge of finance or basic investment, its comprehensiveness makes it a great reader for those who want to know more about the subject e.g advanced undergraduate in business. Excellent text for those pursuing MBA in Finance or CFA professional qualification but will require some asssitance in getting the problem figures checked. Overall, a fantastic piece of work; unfortunately not meant for self-study...

Whether encountered through an MBA equity analysis course or the CFA program, Investment Analysis will be an indispensable reference book for investment analysts, fund managers, and finance professionals for years to come. Although it is not an introductory finance text, it covers most of the basics. The book also delves on esoterica about derivatives, value investing, hydrid securities, and hedging. All in all, Investment Analysis is a good textbook that will be appreciated by academics, professionals and students alike.

This is an excellent book on Investment Analysis and one of the best books recommended by the CFA Institute for its curriculum.

I commend the authors for providing a solid foundation (chapters 1-9 on the Investment Background and Theory) before moving on to the heart of this book, namely security analysis (stocks, bonds and derivatives).

This book succeeds in teaching material in a variety of ways. Here are some things I appreciated:

1) Chapters begin by providing readers with an overview
2) Terms and concepts are defined
3) Formulas are presented, followed by practical examples
4) Investments are presented in a global perspective
5) Authors help the readers work through the examples by providing calculations
6) "Real world" situations and break-out boxes are used frequently
7) Authors get you think by asking questions beforehand.
8) Excellent chapter end question sets, many with CFA focus

A hidden gem of this book is found with the extensive references to relevant website links. The authors advise you on where to look for additional topical information. A great "value added" feature of this book.

The authors have also written a solutions guide to the chapter end problem set which is tremendously helpful.

What a pleasure it is to read this book - it truly deserves a 5 star rating!!

the book is really good that deserve its price, I am very satisitied with the book especially with gratitude to the seller who is really a nice person. But the usps makes me very disappionted, the service is badly bad!

I was fortunate to take investment analysis with Prof. Keith Brown at UT Austin. He is the best professor I've had in any subject at any level of education. While his excellent teaching skills cannot be conveyed entirely in a book, this is nevertheless an excellent academic textbook for someone preparing for the CFA, or for someone with an MBA looking to go into investment management. Tons of great problems and exercises!

As it is mentioned by other readers, it is a must own and must read book for CFA candidates and a good reference book too.

this book is adequate to CFA exam. the theory is a little bit vague but the problem is good to CFA OR CMA exam

Some exercises at the end of each chapter can be calculated with somewhat simpler formulas than the ones in the book. The organization of the book is acceptable but it does NOT give thorough explanations by "showing" with example calculations. Therefore, ONLY FEW formulas are presented in the book. This book is not user friendly, especially for students.

It is perfect for an introduction, and shows you the way where to learn more

With over 1,200 pages of the same stuff this book is complicated to read, and not user friendly at all. However, it has some good uses: You can use it to exercise (as a stepper), you can step on it and change a light bulb (since it's so thick), you can use it to stick it under the tire of a car when parked downhill.