Quantitative Investment Analysis (CFA Institute Investment Series)

In the Second Edition of Quantitative Investment Analysis, financial experts Richard DeFusco, Dennis McLeavey, Jerald Pinto, and David Runkle outline the tools and techniques needed to understand and apply quantitative methods to today's investment process.

Now, in Quantitative Investment Analysis Workbook, Second Edition, they offer you a wealth of practical information and exercises that will further enhance your understanding of this discipline. This essential study guide--which parallels the main book chapter by chapter--contains challenging problems and a complete set of solutions as well as concise learning outcome statements and summary overviews.

If you're looking to successfully navigate today's dynamic investment environment, the lessons found within these pages can show you how. Topics reviewed include:

The time value of money
Discounted cash flow
Probability distributions
Sampling and estimation
Hypothesis testing
Multiple regression
Time-series analysis
And much more

Customer Reviews:

Dé Jà Vu

By ********** - August 21, 2008

This second edition is not materially different in content from the first. Additionally, the Learning Outcome Statements that once preceded the chapters in the first edition and the exercises that followed the chapters have been removed from the new edition. Had I known this fact, I wouldn't have purchased a new book. There is a companion book that has those two omitted features, but now your buying two books instead of one.

If you are pursing the CFA designation, then my suggestion is to purchase the first edition on the secondary market at a drastic savings and without loss of content. If you are interested in the content of the book, then I would suggest proper books on the subject matters. Taken individually, the individual chapters are extremely weak. The actual mathematics has been replaced by "feel good" qualitative descriptions. It is all quite pathetic really; however, if you're objective is to pass the exam, then do it their way for six months. Once you're done,... read more

Great comprehensive book that starts from the ground up...

By B. M. Gross - December 30, 2008

I have found great disappointment with many Quantitative Analysis books because of their lack of explanation of sophisticated concepts. I find that either they are geared towards academics who already a Masters or pHd in the field, or they do a poor job of providing adequate explanation of foundational concepts (I guess that is to be expected from pHd's).

This book does a fabulous job of:
- introducing a topic
- summarizing its usefulness in a relevant context
- providing sufficient methodology of calculations and relevant mathematics
- and then providing case studies to be worked out (with solutions) that apply the given concept.

This book has clarified several issues for me, from multi-factor models to statistical estimation and sampling.

I strongly recommend this book to anyone who does not already have a degree in the field who is looking to gain greater understanding of Quantitative concepts in the field of Investment... read more

Excellent book

By EH - April 4, 2011

It is a pretty good book with lots of examples and calculations. It explains everything in a simple way and step by step. As a Master of International Finance student I truly recommend this book.

AVAILABILITY
Merchant	Format	Price
Amazon US	Paperback	$33.92 - $100.00
eBooks.com	Digital (PDF)	$95.00
BookByte	Paperback	$71.25
eCampus	Paperback	~~$80.40~~ discount!