The investment environment -- Asset classes and financial instruments -- How securities are traded -- Mutual funds and other investment companies -- Learning about return and risk from the historical record -- Risk aversion and capital allocation to risky assets -- Optimal risky portfolios -- Index models -- The capital asset pricing model -- Arbitrage pricing theory and multifactor models of risk and return -- The efficient market hypothesis -- Behavioral finance and technical analysis -- Empirical evidence on security returns -- Bond prices and yields -- The term structure of interest rates -- Managing bond portfolios -- Macroeconomic and industry analysis -- Equity valuation models -- Financial statement analysis -- Options markets: introduction -- Option valuation -- Futures markets -- Futures, swaps, and risk management -- Portfolio performance evaluation -- International diversification -- Hedge funds -- The theory of active portfolio management -- Investment policy and the framework of the CFA Institute

"Investments, 8th edition, by Bodie, Kane, and Marcus keeps the best blend of practical and theoretical coverage while incorporating new and important topics in the world of investments. This text continues the tradition of an appropriate rigor and clear writing style for the MBA investments student. The unifying theme that security markets are nearly efficient, meaning that most securities are usually priced appropriately given their risk and return attributes, is continued in the 8th edition."--Jacket