The Theory and Practice of Investment Management: Asset Allocation, Valuation, Portfolio Construction, and Strategies (Frank J. Fabozzi)

I am beginner in managing portfolio, but, advanced enough in math. This book took me from zero to more advanced situations. I really enjoyed reading this book.

Excellent coverage by top authors.

Have previous exposure to content that was much easier to understand. Content is more confusing in this book than it needs to be.

One of the best books about portfolio theory.

perfect

I just came to found out that the entire chapter 3 (pages 45-78) is missing in this book.

Overall, this book is well-organized and well-written. If you have not read any of the fixed income or derivatives books by Fabozzi, this would be an excellent book for you as certain parts of the book are re-hashed from other Fabozzi texts. This book covers some basic to intermediate investment management topics and goes through equities, fixed income, and derivatives. The problem with Fabozzi edited books is that the mix of authors sometimes requires that you adapt to the writing styles of the different authors of the different chapters. In that respect, this book is no different. Some write in a more technical way and there are more complicated equations and use matrix algebra in some chapters, while others use simpler equations. Also, the first 10 chapters of the book are the basic concepts and the last few chapters are a re-hash of other Fabozzi books (i.e., once you see the charts and discussion it will strike you as being very similar to other Fabozzi books). Nothing too interesting here. However, some remaining chapters are actually pretty interesting and are not common topics that you would see in most textbooks. For example, Quantitative Equity Portfolio Management and Long-Short Equity Portfolios.

I wanted to learn more about the subject matter. I requested this book as a gift. I read through the first 2 chapters and found the book well organized and easy to read and understand. The copy I had skipped from pg 44 to pg 79 - there was no chapter 3. The book is undamaged and this was obviously a binding error. Thinking that my copy might be a one-off error, I set up a return to Amazon and promptly received another copy. This second copy was also missing chapter 3. I think this is probably a good book. Unfortunately, I will choose another title for my needs. Somebody at the publisher should check their stock.

The seller was very nice and responsive. However the book was damaged instead of like new and arrived later than expected. Moreover I had to pay 7 euros of surcharge above what I have already paid at dispatching.