Part I covers procedures for selecting investments: a set of rules for the intelligent selection of investments under conditions of risk.

In this book, Sharpe changes that by setting out his state-of-the-art approach to asset pricing in a nonmathematical form that will be comprehensible to a broad range of investment professionals, including investment advisors, money ...

The subject matter for this edition of Investments has evolved considerably since 1978 when the first edition was published.

This introductory text provides a clear framework for understanding and analyzing securities.