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Fundamentals of Investing, 11/E
Lawrence J. GitmanSan Diego State University
Michael D. JoehnkArizona State University
Scott J. SmartIndiana University

ISBN-10: 013611704X
ISBN-13:  9780136117049

Publisher:  Prentice Hall
Copyright:  2011
Format:  Cloth; 672 pp
Published:  01/15/2010
Status: Instock


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The core concepts and tools students need to make informed investment decisions.

Fundamentals of Investing helps students make informed investment decisions in their personal and professional lives by providing a solid foundation of core concepts and tools. Gitman/Joehnk/Smart use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers. The authors integrate a consistent framework based on learning goals to keep students focused on what is most important in each chapter. Students leave the course with the necessary information for developing, implementing, and monitoring a successful investment program.

Th eleventh edition addresses the current financial crisis and the impact it has made on the markets.




This product is an alternate version of:
Gitman, Joehnk & Smart,  Fundamentals of Investing & MyFinanceLab with Pearson eText Student Access Code Card Package, 11/E


Features

The core concepts and tools students need to make informed investment decisions.

Fundamentals of Investing helps students make informed investment decisions in their personal and professional lives by providing a solid foundation of core concepts and tools. Gitman/Joehnk/Smart use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers. The authors integrate a consistent framework based on learning goals to keep students focused on what is most important in each chapter. Students leave the course with the necessary information for developing, implementing, and monitoring a successful investment program.

The eleventh edition addresses the current financial crisis and the impact it has made on the markets.

Provide an accessible layout: The Learning Goal System frames each chapter, giving students a clear roadmap through a tightly woven structure that links each header, end-of-chapter summary, discussion questions, problems, and cases.

Get students invested in the material: The friendly and engaging writing style helps students learn the material the first time and review the material before exams.

Tailor the material to fit your course: A flexible chapter structure allows professors to easily integrate the text into their syllabi. The first section describes the overall investment environment. The second section presents the conceptual tools needed by investors—the concepts of risk and return and the basics of portfolio construction. Then each of the popular investment vehicles—common stocks, bonds, preferred stocks, convertible securities, and mutual funds—is addressed. A chapter on how to apply these concepts to administer a personal portfolio follows, culminating in a section on derivative securities, options, and futures.

NEW! Address the Impact of the Financial Crisis: Markets in Crisis. These new boxes include lessons from the marketplace. Topics include:
•    Deposit insurance and how nations increased their deposit insurance coverage during the crisis to calm investor fears.
•    How Ford and Bank of America betas are high because they were especially vulnerable to the crisis.
•    Profiles a hedge fund manager who made enormous returns betting against housing and financial institutions.
•    The mistakes made by rating agencies, FNMA and FHMC bailouts.
•    Delaying retirement plans due to the current crisis.


New To This Edition

NEW! Address the Impact of the Financial Crisis: Markets in Crisis. These new boxes include lessons from the marketplace. Topics include:
•    Deposit insurance and how nations increased their deposit insurance coverage during the crisis to calm investor fears.
•    How Ford and Bank of America betas are high because they were especially vulnerable to the crisis.
•    Profiles a hedge fund manager who made enormous returns betting against housing and financial institutions.
•    The mistakes made by rating agencies, and the problems caused by the FNMA and FHMC bailouts.
•    Delaying retirement plans due to the current crisis.

Chapter 1 The Investment Environment provides a new section on careers in investing.

 

Chapter 4 Risk and Return

  • Uses new and historical data information on housing prices to illustrate the risk/return link.  At the end of the chapter, there is a case/exercise tied back to the opener.
  • Includes data in Table 4.4 from Triumph of the Optimists (updated to 2008) which includes a longer time series and allow comparisons across countries for more international coverage.
  • Incorporates real data from Exxon Mobil and Panera Bread and continue using those firms in chapter 5 when discussing portfolios.  Exxon Mobil and Panera Bread were chosen because the two stocks (a) both had positive returns over the last 10 years, which many stocks do not have, and (b) they have a low correlation with each other, which makes the portfolio variance discussion more dramatic and more interesting. 

Chapter 5 Modern Portfolio Concepts continues the incorporation of data from Exxon Mobil and Panera Bread in the discussion of risk and return performance of various portfolios.

 

Chapter 6 Common Stocksnow uses the S&P500 performance rather than Dow as a benchmark of the overall market in Table 6.1 along with a new section on the Real Estate Bubble. 

 

Chapter 9 Technical Analysis, Market Efficiency, and Behavioral Finance has been revised to incorporate more on anomalies and behavioral finance.


Table of Contents

Part One: Preparing to Invest
Chapter 1: The Investment Environment
Chapter 2: Securities Markets and Transaction
Chapter 3: Investment Information and Securities Transactions

Part Two: important Conceptual Tools

Chapter 4: Return and Risk
Appendix 4A: The Time Value of Money
Chapter 5: Modern Portfolio Concepts

Part Three: Investing in Common Stocks

Chapter 6: Common Stocks
Chapter 7: Analyzing Common Stocks
Chapter 8: Stock Valuation
Chapter 9: Market Efficiency, Behavioral Finance, and Technical Analysis

Part Four: Investing in Fixed-Income

Chapter 10: Fixed-Income Securities
Chapter 11: Bond Valuation

Part Five: Portfolio Management

Chapter 12: Mutual Funds: Professionally Managed Portfolios
Chapter 13: Managing Your Own Portfolio

Part Six: Derivative Securities

Chapter 14: Options: Puts and Calls
Chapter 15: Commodities and Financial Futures



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Take a closer look at Gitman’s 11th edition here: http://www.pearsonhighered.com/showtell/gitman_013802393X/web

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Websites and Online Courses

Companion Website for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  Website  |  Live
ISBN-10: 0132140799  |  ISBN-13: 9780132140799
More Info

MyFinanceLab -- Instant Access -- for Fundamentals of Investing
Gitman & Joehnk
©2011  |  Prentice Hall  |  Website  |  Live
ISBN-10: 0131368311  |  ISBN-13: 9780131368316
More Info

MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman & Joehnk
©2011  |  Prentice Hall  |  Website; 672 pp  |  Live
ISBN-10: 013136832X  |  ISBN-13: 9780131368323
More Info

NEW MyFinanceLab -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement  |  Live
ISBN-10: 0132972417  |  ISBN-13: 9780132972413
 |  Students, buy access Take a Tour  |  More Info

NEW MyFinanceLab -- Instant Access -- for Fundamentals of Investing (with Prebuilt Assignments), 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement  |  Live
ISBN-10: 0132972395  |  ISBN-13: 9780132972390
 |  Students, buy access Take a Tour  |  More Info

NEW MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement; 672 pp  |  Live
ISBN-10: 0132972425  |  ISBN-13: 9780132972420
 |  Students, buy access Take a Tour  |  More Info

NEW MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing (with Prebuil Assignments), 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement; 672 pp  |  Live
ISBN-10: 0132972409  |  ISBN-13: 9780132972406
 |  Students, buy access Take a Tour  |  More Info

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Instructor Access Codes

MyFinanceLab with Pearson eText -- Instructor Access Code
Addison-Wesley
©2008  |  Prentice Hall  |  Digital Access Code  |  Available
ISBN-10: 0321541693  |  ISBN-13: 9780321541697
URL: http://vig.prenhall.com/catalog/aiv/customerType?catalog_code=myfinancelab
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Instructor's Manual (Download only) for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  On-line Supplement; 320 pp  |  Live
ISBN-10: 0136118259  |  ISBN-13: 9780136118251

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PowerPoint Presentation (Download only) for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0135097010  |  ISBN-13: 9780135097014

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Test Bank for Blackboard (Download only) for Fundamentals of Investing, 11/E
Gitman & Joehnk
©2011  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0136118771  |  ISBN-13: 9780136118770

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Test Bank for WebCT (Download only) for Fundamentals of Investing, 11/E
Gitman & Joehnk
©2011  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 013611878X  |  ISBN-13: 9780136118787

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Test Item File (Download only) for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0135097029  |  ISBN-13: 9780135097021

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TestGen® Computerized Test Bank for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0135097037  |  ISBN-13: 9780135097038

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Exam Copy for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  Cloth; 764 pp  |  Out of Stock
ISBN-10: 0135097002  |  ISBN-13: 9780135097007
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Companion Website for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  Website  |  Live
ISBN-10: 0132140799  |  ISBN-13: 9780132140799
More Info

MyFinanceLab -- Instant Access -- for Fundamentals of Investing
Gitman & Joehnk
©2011  |  Prentice Hall  |  Website  |  Live
ISBN-10: 0131368311  |  ISBN-13: 9780131368316
More Info

MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman & Joehnk
©2011  |  Prentice Hall  |  Website; 672 pp  |  Live
ISBN-10: 013136832X  |  ISBN-13: 9780131368323
More Info

MyFinanceLab with Pearson eText -- Instructor Access Code
Addison-Wesley
©2008  |  Prentice Hall  |  Digital Access Code  |  Available
ISBN-10: 0321541693  |  ISBN-13: 9780321541697
URL: http://vig.prenhall.com/catalog/aiv/customerType?catalog_code=myfinancelab
More Info

NEW MyFinanceLab -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement  |  Live
ISBN-10: 0132972417  |  ISBN-13: 9780132972413
 |  Students, buy access Take a Tour  |  More Info

NEW MyFinanceLab -- Instant Access -- for Fundamentals of Investing (with Prebuilt Assignments), 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement  |  Live
ISBN-10: 0132972395  |  ISBN-13: 9780132972390
 |  Students, buy access Take a Tour  |  More Info

NEW MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement; 672 pp  |  Live
ISBN-10: 0132972425  |  ISBN-13: 9780132972420
 |  Students, buy access Take a Tour  |  More Info

NEW MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing (with Prebuil Assignments), 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement; 672 pp  |  Live
ISBN-10: 0132972409  |  ISBN-13: 9780132972406
 |  Students, buy access Take a Tour  |  More Info

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Access code cards

NEW MyFinanceLab with Pearson eText -- Access Card -- for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  Access Code Card; 672 pp  |  Instock
ISBN-10: 0132972441  |  ISBN-13: 9780132972444
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Websites and online courses

Companion Website for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  Website  |  Live
ISBN-10: 0132140799  |  ISBN-13: 9780132140799
More Info

MyFinanceLab -- Instant Access -- for Fundamentals of Investing
Gitman & Joehnk
©2011  |  Prentice Hall  |  Website  |  Live
ISBN-10: 0131368311  |  ISBN-13: 9780131368316
More Info

MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman & Joehnk
©2011  |  Prentice Hall  |  Website; 672 pp  |  Live
ISBN-10: 013136832X  |  ISBN-13: 9780131368323
More Info

NEW MyFinanceLab -- Instant Access -- for Fundamentals of Investing (with Prebuilt Assignments), 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement  |  Live
ISBN-10: 0132972395  |  ISBN-13: 9780132972390
 |  Students, buy access More Info

NEW MyFinanceLab -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement  |  Live
ISBN-10: 0132972417  |  ISBN-13: 9780132972413
 |  Students, buy access More Info

NEW MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing (with Prebuil Assignments), 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement; 672 pp  |  Live
ISBN-10: 0132972409  |  ISBN-13: 9780132972406
 |  Students, buy access More Info

NEW MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement; 672 pp  |  Live
ISBN-10: 0132972425  |  ISBN-13: 9780132972420
 |  Students, buy access More Info

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Other student resources

Study Guide for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  Paper; 192 pp  |  Instock
ISBN-10: 0136115632  |  ISBN-13: 9780136115632
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For the Finance Discipline

FinCoach 2.0: CD-ROM Edition
Handa
©2002  |  Prentice Hall  |  CD-ROM Only  |  Instock
ISBN-10: 0130606189  |  ISBN-13: 9780130606181
More Info

Research Navigator: Resources for College Research
Pearson
©2006  |  Prentice Hall  |  Paper  |  Instock
ISBN-10: 0321186079  |  ISBN-13: 9780321186072
More Info


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Websites and Online Courses

Companion Website for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  Prentice Hall  |  Website  |  Live
ISBN-10: 0132140799  |  ISBN-13: 9780132140799
More Info

MyFinanceLab -- Instant Access -- for Fundamentals of Investing
Gitman & Joehnk
©2011  |  Prentice Hall  |  Website  |  Live
ISBN-10: 0131368311  |  ISBN-13: 9780131368316
More Info

MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman & Joehnk
©2011  |  Prentice Hall  |  Website; 672 pp  |  Live
ISBN-10: 013136832X  |  ISBN-13: 9780131368323
More Info

NEW MyFinanceLab -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement  |  Live
ISBN-10: 0132972417  |  ISBN-13: 9780132972413
 |  Students, buy access Take a Tour  |  More Info

NEW MyFinanceLab -- Instant Access -- for Fundamentals of Investing (with Prebuilt Assignments), 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement  |  Live
ISBN-10: 0132972395  |  ISBN-13: 9780132972390
 |  Students, buy access Take a Tour  |  More Info

NEW MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing, 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement; 672 pp  |  Live
ISBN-10: 0132972425  |  ISBN-13: 9780132972420
 |  Students, buy access Take a Tour  |  More Info

NEW MyFinanceLab with Pearson eText -- Instant Access -- for Fundamentals of Investing (with Prebuil Assignments), 11/E
Gitman, Joehnk & Smart
©2011  |  On-line Supplement; 672 pp  |  Live
ISBN-10: 0132972409  |  ISBN-13: 9780132972406
 |  Students, buy access Take a Tour  |  More Info

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Instructor Access Codes

MyFinanceLab with Pearson eText -- Instructor Access Code
Addison-Wesley
©2008  |  Prentice Hall  |  Digital Access Code  |  Available
ISBN-10: 0321541693  |  ISBN-13: 9780321541697
URL: http://vig.prenhall.com/catalog/aiv/customerType?catalog_code=myfinancelab
More Info

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