Getting Started in Security Analysis

by Klein, Peter J.; Iammartino, Brian R.

• ISBN13: 9780470463390
• ISBN10: 0470463392
• Edition: 2nd
• Format: Paperback
• Copyright: 2009-12-02
• Publisher: Wiley
• More Book Details

Summary

The fully updated second edition of Getting Started in Security Analysis covers everything an investor needs to fully grasp the fundamentals of security analysis. The new guide focuses on the practical mechanics of such vital topics as fundamental and technical analysis, valuation, portfolio theory, and fixed income analysis. Along with dozens of examples and case studies, the reader will find special quiz sections that enable the reader to test his or her skills. Topics covered include: Accounting-balance sheets, income statements, merger and acquisition principles Economics-the business cycle and investment timing, international trade valuations, and the basics of macroeconomics Portfolio management-investment policy statement, asset allocation, portfolio construction Quantitative analysis-time value of money, internal rate of return, standard deviation, variance, correlation Credit analysis-asset utilization/efficiency ratios, credit ratings, fixed income securities

Author Biography

Peter J. Klein, CFA, is Senior Vice President of Investments for UBS Financial Services where he and his team develop financial plans for individuals and small institutions and proactively steward their capital through the capital markets. Klein holds a BA economics and an MBA in finance, is a member of CFA Institute and The New York Society of Security Analysts, and sits on several not-for-profit boards. Brian R. Iammartino is Vice President of Westport Point Capital, a private real estate investment fund, His previous experience includes positions at The Blackstone Ground and the no-for-profit organization Teachers Count. Iammartino holds a BS summa cum laude from the Wharton School of the University of Pennsylvania, where he concentrated in finance and accounting, and a Master in Public Policy from Harvard University's John F. Kennedy School of Government.

Table of Contents

Acknowledgments	p. vii
Introduction	p. 1
Tools of the Trade
Accounting	p. 17
Economics	p. 35
Investment Mathematics	p. 77
Quantitative Analysis	p. 97
Fundamental Financial Security Analysis
Equity Analysis and Valuation	p. 119
Credit Analysis	p. 169
Real Estate	p. 203
Portfolio Management
The Investment Managements Process	p. 261
Epilogue	p. 307
Appendix: Selected Tables	p. 309
Bibliography	p. 315
Index	p. 317
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