Brief Contents PART ONE BACKGROUND Chapter 1 Understanding Investments Chapter 2 Investment Alternatives Chapter 3 Indirect Investing Chapter 4 Securities Markets Chapter 5 How Securities Are Traded PART TWO IMPORTANT INVESTMENT CONCEPTS Chapter 6 The Returns and Risks from Investing Chapter 7 Expected Return and Risk PART THREE EIXED-INCOME SECURITIES:ANALYSIS,VALUATION,AND MANAGEMENT Chapter 8 Bond Yields and Prices Chapter 9 Bonds:Analysis and Strategy PART FOUR COMMON STOCKS:ANALYSIS,VALUATION,AND MANAGEMENT Chapter 10 Common Stock Valuation Chapter 11 Common Stocks:Analysis and Strategy Chapter 12 Market Efficiency PART FIVE SECURITY ANALYSIS Chapter 13 Economy/Market Analysis Chapter 14 Industry Analysis Chapter 15 Company Analysis Chapter 16 Technical Analysis PART SIX DERIVATIVE SECURITIES Chapter 17 Options Chapter 18 Futures PART SEVEN MODERN INVESTMENT THEORY Chapter 19 Portfolio Selection Chapter 20 Capital Market Theory PART EIGHT INVESTMENT MANAGEMENT Chapter 21 Portfolio Management Chapter 22 Evaluation of Investment Performance