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Investments Paperback – 9 September 2013

4.4 out of 5 stars 167
Edition: 10th

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About the Author

Alan J. Marcus is a Professor of Finance in the Wallace E. Carroll School of Management at Boston College. His main research interests are in derivatives and securities markets. He is co-author (with Zvi Bodie and Alex Kane) of the texts Investments and Essentials of Investments. Professor Marcus has served as a research fellow at the National Bureau of Economic Research. Professor Marcus also spent two years at Freddie Mac, where he helped to develop mortgage pricing and credit risk models. He currently serves on the Research Foundation Advisory Board of the CFA Institute.

Zvi Bodie is Professor Emeritus at Boston University, where he taught from 1973 to 2016. Today, he is an independent financial consultant and educator. His main professional interest is to firmly establish finance as an applied science built on the principles explained in his books and websites. He holds a Ph.D. from the Massachusetts Institute of Technology and has served on the finance faculty at the Harvard Business School and MIT's Sloan School of Management. His textbook Financial Economics coauthored by Nobel-Prize winning economist Robert C. Merton has been translated into 9 languages. In addition to his textbooks, Bodie has coauthored two books for the mass market: Risk Less and Prosper: Your Guide to Safer Investing and Worry-Free Investing A Safe Approach to Achieving Your Lifetime Financial Goals. In 2007, the Retirement Income Industry Association gave him its Lifetime Achievement Award for applied research. He has authored and edited many books and articles on pensions and investing for retirement. With the support of the Research Foundation of the CFA Institute, he organized a series of 3 conferences on the theory and practice of life-cycle finance. Currently he serves as senior advisor to the Investments and Wealth Institute and consults for a number of financial firms including Dimensional Fund Advisors.

Professor of finance and economics at the Graduate School of International Relations and Pacific Studies at the University of California, San Diego. He has been visiting professor at the Faculty of Economics, University of Tokyo; Graduate School of Business, Harvard; Kennedy School of Government, Harvard; and research associate, National Bureau of Economic Research. An author of many articles in finance and management journals, Professor Kane’s research is mainly in corporate finance, portfolio management, and capital markets, most recently in the measurement of market volatility and pricing of options.

Product details

  • ASIN ‏ : ‎ 0077861671
  • Publisher ‏ : ‎ McGraw-Hill Education; 10th edition (9 September 2013)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 1080 pages
  • ISBN-10 ‏ : ‎ 9780077861674
  • ISBN-13 ‏ : ‎ 978-0077861674
  • Dimensions ‏ : ‎ 20.96 x 4.45 x 26.04 cm
  • Customer Reviews:
    4.4 out of 5 stars 167

About the author

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Zvi Bodie
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Zvi Bodie (born April 27, 1943) is an independent educator, writer, speaker, and consultant on finance and the financial system. He is also Professor Emeritus at Boston University where he taught from 1972 to 2013. He has published widely on pension finance and investment strategy in leading professional journals. Bodie is best known for applying modern financial theory to lifecycle saving and investing. He has popularized the idea of hedging against inflation using series I savings bonds, TIPS, and CPI-linked annuities in defined contribution pension and saving plans. He also has advocated strategies that guarantee a minimum retirement life-long income regardless of the performance of the stock market. He has published books and papers in academic journals and co-authored two textbooks and two books for the mass market. During his long academic career starting in 1970 he directed major research projects for the National Bureau of Economic Research and the Pension Research Council. With the support of the CFA Institute Research Foundation, he organized a series of three conferences on the future of lifecycle saving and investing (2006, 2008, 2010), and he edited the resultant conference volumes. Together with Nobel Laureate Robert C. Merton, he has developed a framework for the analysis of financial system design that they call Functional and Structural Finance. FSF is a synthesis of neoclassical, transaction cost, and behavioral theories of finance. It rests on the view that there are six basic functions that a financial system performs and that change very slowly over time and across borders. The institutions that perform these functions change much more quickly and differ across borders.

Bodie's books include Foundations of Pension Finance, Pensions in the U.S. Economy, Issues in Pension Economics, and Financial Aspects of the U.S. Pension System. is textbook, Investments, coauthored with Alex Kane and Alan Marcus is used in all the major business schools around the globe. It has been translated into 10 languages in addition to English. He has also co-authored an introductory textbook Financial Economics with Nobel Laureate in Economics, Robert C. Merton. It has been translated into 9 languages.

He has served on the finance faculty at the Harvard Business School (1992-1994) and MIT Sloan School of Management (2008-9). In 2007 the Retirement Income Industry Association gave Bodie their Lifetime Achievement Award for applied research.[3] And in 2019, the Plan Sponsors Council of America selected him for their lifetime achievement award.

He holds a Ph.D in economics (1975) from the Massachusetts Institute of Technology, a M.A. in Economics (1970) from the Hebrew University, and a B.A. with Honors in Philosophy (1965) from Brooklyn College.

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CARLOS S.
5.0 out of 5 stars Clasico
Reviewed in Spain on 4 July 2019
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DonIpp
5.0 out of 5 stars Ippy's REview of "Investments, 10th Edition"
Reviewed in the United States on 8 May 2017
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Lewis Roxburgh
5.0 out of 5 stars this is by far the best one i've ever had
Reviewed in the United Kingdom on 14 March 2018
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J K
1.0 out of 5 stars I find this to be one of the worst written texts I've ever had to use
Reviewed in Canada on 7 November 2016
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5.0 out of 5 stars Worth the read
Reviewed in the United States on 19 May 2021
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