"Modern Portfolio Theory and Investment Analysis" by Edwin J. Elton, et al. (Repost)

This book examines the characteristics and analysis of individual securities, as well as the theory and practice of optimally combining securities into portfolios. It stresses the economic intuition behind the subject matter while presenting advanced concepts of investment analysis and portfolio management. An excellent resource for investors.

The authors present material that captures the state of modern portfolio analysis, general equilibrium theory, and investment analysis in an accessible and intuitive manner.
A chapter on behavioral finance is included, aimed to explore the nature of individual decision making.
A chapter on forecasting expected returns, a key input to portfolio management, is also included.
In addition, investors will find material on value at risk and the use of simulation to enhance their understanding of the field.

Advantage:
• Real-world examples are integrated throughout the pages to reinforce important concepts.
• The text demonstrates how to apply modern tools such as equilibrium theory to the management of a portfolio.
• Up-to-date with the rapidly changing environment of modern portfolio theory and investment analysis.
• Mathematical proofs can be found in the footnotes, appendices, and specially noted sections of the text in order to enhance student application.

Contents
Dedication
About the Authors
New to the 9th Edition
Preface
Part 1: Introduction
1: Introduction
2: Financial Securities
3: Financial Markets
Part 2: Portfolio Analysis
Section 1: Mean Variance Portfolio Theory
4: The Characteristics of the Opportunity Set under Risk
5: Delineating Efficient Portfolios
6: Techniques for Calculating the Efficient Frontier
Section 2: Simplifying the Portfolio Selection Process
7: The Correlation Structure of Security Returns—the Single-Index Model
8: The Correlation Structure of Security Returns—Multi-Index Models and Grouping Techniques
9: Simple Techniques for Determining the Efficient Frontier
Section 3: Selecting the Optimum Portfolio
10: Estimating Expected Returns
11: How to Select among the Portfolios in the Opportunity Set
Section 4: Widening the Selection Universe
12: International Diversification
Part 3: Models of Equilibrium in The Capital Markets
13: The Standard Capital Asset Pricing Model
14: Nonstandard Forms of Capital Asset Pricing Models
15: Empirical Tests of Equilibrium Models
16: The Arbitrage Pricing Model APT—A Multifactor Approach to Explaining Asset Prices
Part 4: Security Analysis and Portfolio Theory
17: Efficient Markets
18: The Valuation Process
19: Earnings Estimation
20: Behavioral Finance, Investor Decision Making, and Asset Prices
21: Interest Rate Theory and the Pricing of Bonds
22: The Management of Bond Portfolios
23: Option Pricing Theory
24: The Valuation and Uses of Financial Futures
Part 5: Evaluating The Investment Process
25: Mutual Funds
26: Evaluation of Portfolio Performance
27: Evaluation of Security Analysis
28: Portfolio Management Revisited
Index