Fundamentals of Investment book by Haim Levy **BRAND NEW**

---

Author : Haim Levy

Year : 2002

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.