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  • Investment Analysis and Portfolio Management
    Investment Analysis and Portfolio Management

    Learn to manage your money to maximize your earning potential with Reilly/Brown/Leeds' INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT, 11th Edition.Extremely reader friendly in a succinct 18 chapters, this text equips you with a solid understanding of investment instruments, capital markets, behavioral finance, hedge funds, international investing and much more.Real-world examples and hands-on applications bring chapter concepts to life as you learn to use the same tools as investment professionals.The 11th edition's unparalleled international coverage provides specific information on non-U.S. markets, instruments, conventions and techniques. New detailed discussions explain the impact of changes in both technology and regulations on global security markets.In addition, three chapters are devoted to derivatives securities--which are now standard investment instruments.

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  • Stocks, Bonds, And The Investment Horizon: Decision-making For The Long Run
    Stocks, Bonds, And The Investment Horizon: Decision-making For The Long Run

    A century ago, life expectancy was roughly 40 years, hence all income could be consumed, as for most people, there was no need to save for retirement.Today, things have drastically changed: Life expectancy exceeds 80 years in many countries, and one should expect to live and consume many years after retirement.Thus, we have many investors with various investment horizons, where the length of the investment horizon becomes a crucial factor in determining the best investment diversification.This book analyzes the effect of the investment horizon on the optimal diversification, specifically between stocks and bonds: Should a young investor and an older investor have the same portfolio?Is it recommended to savers for retirement to change the asset allocation between stocks and bonds as they grow older, as life cycle mutual funds do in practice?Is the idiom 'stocks for the long run' backed by scientific evidence?We analyze for which horizons it is recommended to employ the popular Mean-Variance rule and for which horizons employing this rule induces an economic distortion, hence a loss to the investors.It is shown that all relevant parameters for investment choice (means, variances, and correlations) change in a non-linear way with the horizon, a fact that makes the investment horizon crucial for investment choices.Similarly, the popular Sharpe, Treynor, and Jensen performance indices vary with the assumed horizon even in the case of independence over time.To analyze all the above issues, we employ the Mean-Variance rule and Stochastic Dominance rules, as well as direct expected utility calculations.

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  • Portfolio Management in Practice, Volume 1 : Investment Management
    Portfolio Management in Practice, Volume 1 : Investment Management

    Portfolio Management in Practice, Volume 1: Investment Management delivers a comprehensive overview of investment management for students and industry professionals. As the first volume in the CFA Institute’s new Portfolio Management in Practice series, Investment Management offers professionals looking to enhance their skillsets and students building foundational knowledge an essential understanding of key investment management concepts.Designed to be an accessible resource for a wide range of learners, this volume explores the full portfolio management process. Inside, readers will find detailed coverage of: Forming capital market expectationsPrinciples of the asset allocation processDetermining investment strategies within each asset classIntegrating considerations specific to high net worth individuals or institutions into chosen strategiesAnd more To apply the concepts outlined in the Investment Management volume, explore the accompanying Portfolio Management in Practice, Volume 1: Investment Management Workbook.The perfect companion resource, this workbook aligns chapter-by-chapter with Investment Management for easy referencing so readers can draw connections between theoretical content and challenging practice problems. Featuring contributions from the CFA Institute’s subject matter experts, Portfolio Management in Practice, Volume 1: Investment Management distills the knowledge forward-thinking professionals will need to succeed in today’s fast-paced financial world.

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  • Management, Leadership and Entrepreneurship in Pharmacy
    Management, Leadership and Entrepreneurship in Pharmacy

    Management, Leadership and Entrepreneurship in Pharmacy provides the knowledge, skills and confidence to assume managerial and leadership roles throughout the pharmacy profession, and to unleash full entrepreneurial potential.It brings the principles of managerial sciences to the practice of pharmacy in diverse and modern day settings. The new book is split into four sections, the first focuses on the core concepts that apply to managers, leaders and entrepreneurs including emotional intelligence and conflict management. Section two summarises managerial competencies including traditional topics of inventory management and financial literacy, but also subjects such as workplace design and workflow management. Section three focuses on leadership competencies that transcend day-to-day managerial responsibilities such as leading change and addressing ‘wicked’ problems (such as sustainability). Section four focuses on innovation and entrepreneurship, exploring topics such as the psychology of innovation, business planning and networking. The book contains helpful, supportive examples and useful resources all designed to empower, support and motivate the next generation of managers, leaders and entrepreneurs in pharmacy.

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  • Which federal states have sole decision-making authority?

    In a federal system like the United States, federal states that have sole decision-making authority are often referred to as "unitary states." In these states, the central government holds all decision-making power and delegates limited authority to lower levels of government. Examples of unitary states include France, Japan, and the United Kingdom, where the central government has the final say on most policy matters. This centralized system contrasts with federal states like the U.S. and Germany, where power is shared between the central government and individual states or regions.

  • What is Deka Investment?

    Deka Investment is a German asset management company that offers a wide range of investment products and services to institutional and retail clients. It is one of the largest investment companies in Germany and manages assets across various asset classes, including equities, fixed income, and real estate. Deka Investment is known for its expertise in managing mutual funds, ETFs, and individual portfolios, providing clients with access to diversified investment opportunities.

  • Are investment bankers mathematicians?

    Investment bankers do not necessarily have to be mathematicians, but they often use mathematical and statistical models to analyze financial data and make investment decisions. While a strong understanding of mathematics can be beneficial in this field, it is not a strict requirement. Many investment bankers come from diverse educational backgrounds, including finance, economics, and business, and may have varying levels of mathematical expertise. However, having a solid grasp of mathematical concepts can certainly be an asset in the investment banking industry.

  • What are the professions of management consultants, financial managers, and investment bankers?

    Management consultants are professionals who provide advice and guidance to organizations on how to improve their performance and efficiency. Financial managers are responsible for overseeing an organization's financial health, including budgeting, financial reporting, and investment activities. Investment bankers are professionals who help companies raise capital by issuing stocks or bonds, as well as providing advice on mergers and acquisitions.

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  • Leadership and Strategic Management : Decision-Making in Times of Change
    Leadership and Strategic Management : Decision-Making in Times of Change

    Managers are facing unprecedented complexity, volatility, and ambiguity, quickly adapting their decision-making, leadership, vision, and strategies.Megatrends and forces of change have profound implications for business models, processes, and organizational structures, calling into question current paradigms and designing future change.Additionally, unprecedented disruptions, unforecastable in their nature, have increased the need for resilience and strategic flexibility. The book aims at tackling the potential interrelations among environmental transformations, strategic decisions, and leadership to better understand the role of external and internal factors on the effectiveness of managers.The book defines “change”: its extent, nature, and characteristics.Then, it focuses on decision-making, the role of potential cognitive biases, and how the interaction with the perception of determined environmental events affects the way in which decision-makers decide to implement specific strategies.Finally, in the light of waves of strategic change, it reviews theories on leadership and transformation by looking at the role and traits of leaders. Since environmental transformations have the potential to “disrupt” not only strategies but also decision-making processes and leadership, the book provides a review on the issue and propose an integrative framework which can be useful for both scholars and managers, especially in the fields of decision-making and strategy.

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  • Property Investment : Principles and Practice of Portfolio Management
    Property Investment : Principles and Practice of Portfolio Management

    Property investment markets and applied property research are now recognised as an increasingly important international phenomenon.Written by two of the most respected academics in the field, this authoritative guide provides a fresh and much needed perspective on this important subject.The book examines the unique characteristics of property investment within the context of other capital markets .The emphasis is strongly on the application of analytical tools from other markets to help academics and practitioners alike understand and apply the investment management of property with that of other asset classes.The book is split into three parts, each focusing mainly on direct commercial property: The characteristics of the various asset classes in the investment background The analyses necessary to develop a property portfolio strategy An examination of property in a wider context This book will be invaluable to all undergraduate and postgraduate students on property courses worldwide.It is also an essential tool to understanding this complex and exciting field for students on finance, business and accountancy courses which cover property.Its practical, applied approach means that the book will be a welcome addition to the bookshelf of any researchers or investment managers with an interest in property.

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  • Investment Crowdfunding
    Investment Crowdfunding

    Authored by a leading global expert in the field of investment crowdfunding, this timely book presents a comprehensive guide to a new online marketplace for entrepreneurial capital. Professor of Law and Fulbright Scholar Andrew A. Schwartz marries theory with a decade of on-the-ground research to give lawyers, students, scholars, and policymakers a one-stop shop for everything they need to know about investment crowdfunding, its regulation, and how to improve it.Readers in the general public will find Investment Crowdfunding an accessible and engaging introduction into what has become a household phrase. This book analyses American law-in particular, the JOBS Act and Regulation Crowdfunding-and compares it to the legal regimes in the UK, Canada, the EU, Australia, and New Zealand.Schwartz's prescription is liberal in the classical sense: Policymakers should rely on private ordering and financial incentives, rather than law and regulation, to govern and police the market.

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  • The Corporate Life Cycle : Business, Investment, and Management Implications
    The Corporate Life Cycle : Business, Investment, and Management Implications

    Throughout his storied career, Aswath Damodaran has searched for the universal key to demystify corporate finance and valuation.Now, at last, he offers the groundbreaking answer to readers everywhere.It turns out there is a corporate lifecycle very much like our own - with unique stages of growth and decline. And just as we must learn to act our age, so too must companies.By better understanding how corporations age and the characteristics of each stage of their lifecycle, we can unlock the secrets behind any businesses behavior and optimize our management and investment decisions accordingly.In Aswath Damodaran's The Corporate Lifecycle, readers will learn: What markers tell where a company falls on its corporate lifecycle, and crucial insights for managers as they navigate the different stages; Why the shape and timing of life cycles varies across different industries; When transition points pose special challenges to companies - and strategies to conquer them; How differences i

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  • Is the investment worth it?

    The worth of an investment depends on various factors such as the potential return on investment, the level of risk involved, and the investor's financial goals. It is essential to conduct thorough research and analysis before making any investment decision. Consulting with a financial advisor can also help in determining if the investment aligns with one's financial objectives and risk tolerance. Ultimately, the worth of an investment is subjective and varies from person to person.

  • What are CSGO investment crates?

    CSGO investment crates are virtual items in the game Counter-Strike: Global Offensive that contain random in-game items such as weapon skins, stickers, and other cosmetic items. Players can purchase these crates with real money and then open them to receive a random item. Some of these items can be quite valuable, leading to the concept of "investing" in crates in the hopes of getting a rare and valuable item that can be sold for a profit on the game's marketplace. However, it's important to note that investing in CSGO crates is speculative and comes with risks, as the value of in-game items can fluctuate.

  • Which investment is the best?

    The best investment varies depending on individual financial goals, risk tolerance, and time horizon. Some may prefer the stability of bonds or the potential for growth in stocks. Real estate can also be a good long-term investment. It's important to diversify investments to spread risk and maximize returns. Consulting with a financial advisor can help determine the best investment strategy for your specific situation.

  • What is a Lego investment?

    A Lego investment refers to the practice of purchasing Lego sets with the intention of reselling them at a higher price in the future. Some Lego sets, particularly limited edition or discontinued ones, can appreciate in value over time, making them a popular choice for investors. Factors such as rarity, demand, and condition of the set can all influence the potential return on investment for Lego collectors.

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