did-you-know? rent-now

Rent More, Save More! Use code: ECRENTAL

did-you-know? rent-now

Rent More, Save More! Use code: ECRENTAL

5% off 1 book, 7% off 2 books, 10% off 3+ books

9780470041727

Applied Portfolio Management How University of Kansas Students Generate Alpha to Beat the Street

by ;
  • ISBN13:

    9780470041727

  • ISBN10:

    0470041722

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2008-04-04
  • Publisher: Wiley

Note: Supplemental materials are not guaranteed with Rental or Used book purchases.

Purchase Benefits

List Price: $75.00 Save up to $14.08
  • Rent Book $60.92
    Add to Cart Free Shipping Icon Free Shipping

    TERM
    PRICE
    DUE
    USUALLY SHIPS IN 2-3 BUSINESS DAYS
    *This item is part of an exclusive publisher rental program and requires an additional convenience fee. This fee will be reflected in the shopping cart.

How To: Textbook Rental

Looking to rent a book? Rent Applied Portfolio Management How University of Kansas Students Generate Alpha to Beat the Street [ISBN: 9780470041727] for the semester, quarter, and short term or search our site for other textbooks by Shenoy, Catherine; McCarthy, Kent. Renting a textbook can save you up to 90% from the cost of buying.

Summary

When investment professional Kent McCarthy returned to teach at his alma mater, the University of Kansas, he planted the seeds for the Applied Portfolio Management (APM) program-a course that allows students to manage a real money portfolio, which has compiled a remarkable record of investment success. Now, with this book, you'll discover how to use the concepts covered in this class-from understanding the fundamental drivers of business success to buying at the right price-to enhance your own investment skills.

Author Biography

Catherine Shenoy, PhD, MBA, is Director of the Applied Portfolio Management program at the University of Kansas School of Business. She has worked for the U.S. State Department as a Foreign Service Officer in Washington, DC, and Tunis, Tunisia. Since 1993, she has taught accounting, statistics, and finance at the University of Kansas. Shenoy's research areas include corporate governance, corporate financial policies, and applications of artificial intelligence to portfolio analysis.

Kent C. McCarthy, MBA, is President and Chief Investment Officer of Jayhawk Capital Management. In 1994, he retired from Goldman Sachs, returned to Kansas, and founded the Applied Portfolio Management class. McCarthy taught the class full-time until 1995, when he founded Jayhawk Capital Management, which manages hedge funds and private equity funds primarily focused on the Chinese equity markets. He continues as an Executive Lecturer in the APM class.

Table of Contents

Prefacep. xi
Acknowledgmentsp. xv
Introduction to the Applied Portfolio Management Classp. 1
APM Historyp. 3
In the Beginningp. 4
How Do Beginning Investors Think?p. 6
Student Groups: Short-Term Investing and Portfolio Contestsp. 9
Getting Close to the Informationp. 13
Onions, Poker, and Antsp. 17
What about the Ants?p. 18
Things to Comep. 19
APM Guidelinesp. 21
Professional Money Managersp. 22
Tactical Asset Allocation and Sector Benchmarkingp. 25
APM Approachp. 32
Wrapping Upp. 36
Conventional Wisdomp. 37
Diversification and Riskp. 38
Efficient Marketsp. 45
Wrapping Upp. 49
How Students Find an Investment Edgep. 51
Build Your Own Information Networkp. 51
Neglected Firmsp. 52
Surface Analysisp. 55
Wrapping Upp. 62
Alpha, Sigma, Beta: APM's Risk and Rewardp. 63
Risk-Return Trade-offp. 64
Other Risk Measuresp. 68
Wrapping Upp. 75
Risk and Return Calculationsp. 75
Building an Investment Casep. 79
Many Ways to Be a Successful Investorp. 81
Common Traits of Successful Investorsp. 82
APM's Philosophyp. 84
LSB Industriesp. 85
Wrapping Upp. 98
Prepping for a Casep. 99
Getting Startedp. 100
Understand the Businessp. 118
Ready to Write the Casep. 122
10-K Requirementsp. 122
Writing a Casep. 125
Case Formatp. 127
Descriptionp. 129
Investment Thesisp. 141
Next Stepsp. 142
Gazing into the Crystal Ball: Pro Forma Statementsp. 143
Pro Forma Financial Statements and Free Cash Flowp. 145
Building a Pro Formap. 153
Next Stepsp. 159
Valuationp. 161
Relative Valuationp. 162
Discounted Cash Flow Valuationp. 171
Investing Is Dynamicp. 188
Discounted Cash Flow Formulasp. 189
Class Specialsp. 193
Investing in Chinap. 195
Financial Systems in Chinap. 196
Raising Equity in Chinap. 199
Company Example: China Greenp. 204
Wrapping Upp. 211
It's a Big World (After All)p. 213
Interceramicp. 214
World Commoditiesp. 217
Wrapping Upp. 227
Valero's Numbersp. 227
Local Biasesp. 229
American Italian Pastap. 230
Novastar Financialp. 233
Inergy, L.P. and Inergy Holdings, L.P.p. 238
Tortoise Capital Advisors (and More about Inergy)p. 240
Wrapping Upp. 244
Making Corporate Governance Payp. 247
Board Issuesp. 248
Corporate Activistsp. 254
Wrapping Upp. 259
It's All about Who You Knowp. 261
APM Studentsp. 262
APM Speakersp. 268
The Last Wordp. 271
Indexp. 273
Table of Contents provided by Ingram. All Rights Reserved.

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Rewards Program