Investment Analysis and Portfolio Management

The book came as brand new. Probably I have to mention that I bought it used. I used it for a class in MS in Finance.

The book was in "brand new" condition. The price was well below what the college bookstore was selling it for. Delivery was a bit slow due to an error in communication, but once the item was received in the condition it was in, I did not mind the wait.

One of the broader and easier to understand text ever published on investment area. If you are serious on the study of investment this is the book you are looking for.

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!!

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.