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 tenth 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.
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