Fundamentals of Investment book by Haim Levy **BRAND NEW**
Author: Haim Levy A very informative book, broken down into 6 sections. Part 1: The market environment and to a description of the various securities and how they are traded. Part 2: Risk and return in the capital market with an emphasis on the gain or risk reduction due to diversification. Part 3: Bonds and stocks with an emphasis on valuation and management of these assets. Part 4: Derivatives, focusing on forwards, futures, and options. In Part 5: the analysis of risk-reduction due to diversification is expanded upon. Part 6: Market efficiency, mutual funds performance and technical analysis, which explicitly assume that the market is inefficient.