Читать книгу Equity Markets, Valuation, and Analysis - H. Kent Baker - Страница 24

Equity securities are an important component in the portfolios of both individual and institutional investors. Including an equity component has several benefits, including portfolio diversification and potentially higher long-term returns in terms of capital gains and dividends. However, owning equity securities involves risk, given the volatility of these markets. To achieve their portfolio objectives, investors need to know how to analyze and value equity securities if they are selecting stocks themselves or how to select an appropriate pooled investment vehicle with professional managers. Equity Markets, Valuation, and Analysis provides the foundation for making sound investment decisions in equities. Contributions by both scholars and practitioners provide an in-depth survey of the role of equity securities, including the background of equity securities, an understanding of issues related to valuation and analysis, and various equity investment models and strategies, as well as special topics involving equity investments.