ESSENTIALS OF INVEST.-CONNECT ACCES

by Zvi Bodie, Alex Kane, Alan Marcus

This undergraduate text continues to evolve in the financial markets and is organized around one basic theme—that security markets are nearly efficient, meaning that you should expect to find few obvious bargains in these markets. The Bodie author team places great emphasis on asset allocation while presenting the practical applications of investment theory. This text links theory to practice with an approach consistent with that of the CFA Institute.

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Published March 23, 2021

About the author

Zvi Bodie is the Norman and Adele Barron Professor of Management at Boston University. He has published widely on pension finance and investment strategy in leading professional journals.

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. His textbook, Investments, is the market leader and is used in the certification programs of the CFA Institute and the Society of Actuaries. His textbook Financial Economics is coauthored by Robert C. Merton.

He has served on the finance faculty at the Harvard Business School and MIT Sloan School of Management. He sits on the QFINANCE Advisory Board.[citation needed] In 2007 the Retirement Income Industry Association gave Bodie their Lifetime Achievement Award for applied research.

He holds a Ph.D in economics (1975) from the Massachusetts Institute of Technology.