Unconventional Success: A Fundamental Approach to Personal Investment
Average customer rating: 4 out of 5 stars
  • Investment to avoid-buying this book
  • Its clear Mr. Swensen has never held the hand of an Individual Investor
  • Among the rare few Investing Classics...
  • A Standout Book!
  • Interesting book, but not quite what I expected/wanted
Unconventional Success: A Fundamental Approach to Personal Investment
David F. Swensen
Manufacturer: Free Press
ProductGroup: Book
Binding: Hardcover

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ASIN: 0743228383

Book Description

The bestselling author of Pioneering Portfolio Management, the definitive template for institutional fund management, returns with a book that shows individual investors how to manage their financial assets.

In Unconventional Success, investment legend David F. Swensen offers incontrovertible evidence that the for-profit mutual-fund industry consistently fails the average investor. From excessive management fees to the frequent "churning" of portfolios, the relentless pursuit of profits by mutual-fund management companies harms individual clients. Perhaps most destructive of all are the hidden schemes that limit investor choice and reduce returns, including "pay-to-play" product-placement fees, stale-price trading scams, soft-dollar kickbacks, and 12b-1 distribution charges.

Even if investors manage to emerge unscathed from an encounter with the profit-seeking mutual-fund industry, individuals face the likelihood of self-inflicted pain. The common practice of selling losers and buying winners (and doing both too often) damages portfolio returns and increases tax liabilities, delivering a one-two punch to investor aspirations.

In short: Nearly insurmountable hurdles confront ordinary investors.

Swensen's solution? A contrarian investment alternative that promotes well-diversified, equity-oriented, "market-mimicking" portfolios that reward investors who exhibit the courage to stay the course. Swensen suggests implementing his nonconformist proposal with investor-friendly, not-for-profit investment companies such as Vanguard and TIAA-CREF. By avoiding actively managed funds and employing client-oriented mutual-fund managers, investors create the preconditions for investment success.

Bottom line? Unconventional Success provides the guidance and financial know-how for improving the personal investor's financial future.

Customer Reviews:

3 out of 5 stars Investment to avoid-buying this book.......2007-09-02

While I have a lot of respect for Swensen's practical success with the endowment, his book has some great advice and some really poor advice. Swensen is to be commended for steering the investments from the '85 asset allocation to where it is today. It was visionary, courageous, very rewarding.

The author does a great job of advising investors to reduce exposure to US large cap equities, and the rationale behind it. He also makes a logical case for increasing exposure to various international equity and fixed income markets.

Where he goes astray, in my opinion, is by suggesting that investors look to index funds as a panacea for investing. While he and his team at Yale have found exceptional managers who bring value (above index returns, on a net of fee basis), he assumes that individual investors cannot. While few investors have the negotiating skill set he has (due to his Assets Under Management), individual investors who spend a few hours a month can find money managers via mutual funds that consistently outperform their peers and benchmarks.

Let me sum up his book for you: own a LOT more baskets to put your eggs in, than just the standard 5-6 you may have in your 401k, and invest in low cost index funds.

My suggestion: take the first bit of advice, and instead of low-cost index funds, find managers who consistently beat the indexes, and rebalance annually.

Oh, and borrow the book from the library instead of padding his wallet.

2 out of 5 stars Its clear Mr. Swensen has never held the hand of an Individual Investor.......2007-07-21

I loved David Swensen's white paper about institutional portfolio construction; I liked his book on Pioneering Portfolio Management: An Unconventional Approach to Institutional Investment- with this book he stepped outside his area of expertise.

5 out of 5 stars Among the rare few Investing Classics..........2007-04-26

This is a remarkably good book. Almost any investor will benefit from reading this book. Swensen distills a lot of wisdom into this volume touching on all aspects of Portfolio Policy. It would be rare for even very advanced investors to not gain a new insight or two from reading this book.

Having said that, I have a couple of issues with this book.

- Swensen's writing style is very labored. It was hard to read more than a few pages at a time. Not because the material was difficult, but because of his writing style.
- I am frankly puzzled by Swensen's glowing recommendation of Southeastern Asset Management (a Mutual Fund company that owns Longleaf Partners Funds). While Longleaf is a good fund outfit, I don't see how Longleaf is that much different from other, better Value style Mutual Fund companies out there. I don't see how Longleaf is any different from Dodge and Cox or Oakmark. I just don't see Longleaf being that special, so I am puzzled at Swensen's singling them out as exemplary. As I write this, Longleaf has one of the most expensive International Equity funds out there - with an Expense Ratio of 1.61%, compare that with an International Index Fund that you can buy at Vanguard for 25 basis points ! Charging almost 1.5%/year more in expenses will require some exceptional Active Management from Longleaf to generate returns, the odds are against investors in the active fund there.

5 out of 5 stars A Standout Book!.......2007-03-29

This is an indispensable investment book in my opinion. Swensen clearly has an original and unique perspective on investing. There are plenty of books out there in favor of passive management, low costs, and asset-class investing. Here are some of the ideas and concepts he presents in this book that make him stand out from the crowd:

1. He believes treasuries are practically the only bonds worth considering for the individual investor. The chapter in which he discusses it is very interesting, and his arguments are compelling.
2. He is not a devout believer of efficient markets, and acknowledges that superior active performance can be attributed to skill. He explains that there are two games being played: short-term and long-term active management. Unfortunately, since most managers are pressured to have good annual, quarterly, or even monthly returns, they must think short-term, and are unable to invest for the longterm. The longterm game, consisting of far fewer players, is a completely different playing field.
3. He focuses an extraordinary amount of time on the profit-seeking behavior of mutual fund companies, and why they are detrimental to investors. Alignment of interests between shareholders and managers is a major theme in his book.

He suggests investors to construct a portfolio of passive, capitalization-weighted index funds (or ETF's), combined with treasuries and TIPS. Unlike Bogle and other pro-indexing gurus, Swensen seems to focus more on avoiding shareholder-unfriendliness than he is on the other benefits of index funds (style-purity, low costs, etc.). He also ignores Fama-French size and value factor loading, which is fine. There are other great books on portfolio design (William Bernstein is pretty much all you need to read on that subject).

My only complaint about the book is that he seems to enjoy reemphasizing points. Swensen will summarize his thoughts throughout the chapter, and one more time at the end of each chapter, and then a whole final chapter devoted to more summarizing. I think this book could have been 2/3rds the length with essentially the same content. However, that is a minor complaint, compared to the vast amount of knowledge I gained from reading the book. Highly recommended!

4 out of 5 stars Interesting book, but not quite what I expected/wanted.......2007-03-15

Based on the title, the author's background, and the little I'd read about the book, I expected this to be mainly a 'how to' manual - how to best manage one's funds for maximum returns.

While there was some of that in the book, in fact the focus seemed more on castigating much of the financial industry for their misdeeds and greed. If you've read John Bogle's writings, you've seen some of this before, but Unconventional Success is perhaps even a bit more detailed and clear on the misalignment of interests between investors and financial products providers, and how that leads to the investors being taken for a ride in various ways.

So, there's a lot of "don't do this, don't buy that product"-type information in the book. As far as what he DOES recommend, he's relatively brief, and, IMO, doesn't go into enough detail. He advocates splitting your money among 6 major asset classes, and staying with low cost funds, mainly those offered by non-profit companies (Vanguard and TIAA-CREF). But there's not enough support for his statements that asset class X should be 15% of your portfolio and asset class Y should be some other percentage. He briefly discusses historical returns for asset classes and touches on some reasons why returns may differ going forward, but again, there's not much detail there.

Yale's endowment (which Swensen manages, very well) is known for unconventional investments (thus, perhaps, the book's title). But if you want to read about timber or other natural resources, or see much detail on why Yale's endowment is so successful, you won't find it here. Admittedly, many of the options available to Yale are not available to the common investor, or if they are, are so watered down with extra fees as to be unsuitable. Still, I was little disappointed about the lack of reference to his own investment strategies at Yale, which are the reason most of us have heard of him and the reason I bought the book.

One thing that was interesting to me was his analysis of why some indexes aren't well suited for use as a mutual fund benchmark. I have a significant slice of my portfolio in a fund that uses the Russell 2000 value index as a benchmark, and the Russell indexes are called out for criticism in the book. I will keep the criticisms in mind in planning future allocations/re-allocations.

Overall, it was an interesting read - I blew through it in one night. But it was not quite what I expected...
Fundamentals of Risk and Insurance
Average customer rating: 4.5 out of 5 stars
  • Very Good
  • How Do I Write a Review about an Insurance Book?
Fundamentals of Risk and Insurance
Emmett J. Vaughan , and Therese M. Vaughan
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0471216879

Book Description

This consumer-oriented textbook addresses the principles of risk management without skimping on the discussion of insurance. It summarizes the nature of pure risk on the individual and on society and illustrates how insurance can be used to deal with the problems posed by such risk. Mirroring the diverse experience of its authors, the text is equally effective in presenting the principles of insurance theory and offering how-to advice to students. Throughout, the main emphasis is on the insurance product and the use of insurance within the risk management framework. The traditional fields of life insurance, health insurance, property and liability insurance, and social insurance are treated in terms of their relationship to the wide range of insurable risks to which the individual and the business firm are exposed.

Customer Reviews:

5 out of 5 stars Very Good.......2007-01-18

I thought it would be a sleeper,but quite the contrary..I wish I would have read this book 20 years ago.

4 out of 5 stars How Do I Write a Review about an Insurance Book?.......2003-03-04

Well, I guess I can try to review this book from the only perspective I read it from: that of a student. I had to read it for my CFP class on Insurance, and, as an introduction to most forms of insurance, it explains the forms in a very methodical and systematic way; it was very easy to follow and tough to get completely lost.

Honestly, I was never really fascinated with insurance. My life-licensing class was 24 hours of classroom time spread out over one weekend, so maybe that has created some insurance-related intellectual scars. The sections on Life Insurance and the basic components of any insurance contract and the whole insurance process were already familiar to me, so I found those sections incredibly uninteresting. The other forms of insurance were much more interesting and gave me a great foundation for other insurance studies I've done since.

The prose of the book, too, flows extremely well. In fact, I usually just lightly read passages explaining computations and formulas because I come back later to review them in-depth; however, while reading this book, I actually felt I fully understood most of the computations even while I read (which almost never happens because most formula-explaining reads much like Kant's "Metaphysics of Morals").

Just one closing point... I guess you'd have to be either Insurance Commissioner or a professor of insurance to be really interested in this material, but the authors write in a way that allows even the average CFP or insurance student to come away from the book with a good sense of how insurance works and where it fits into an individual's financial plan.
Fundamentals of Financial Management (with Thomson ONE - Business School Edition)
Average customer rating: 3 out of 5 stars
  • Funadmentals of Financial Management
  • Again not enough info
  • This book deserves 0 star
  • Target Market is for undergraduates
  • Too basic for an MBA class
Fundamentals of Financial Management (with Thomson ONE - Business School Edition)
Eugene F. Brigham , and Joel F. Houston
Manufacturer: South-Western College Pub
ProductGroup: Book
Binding: Hardcover

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ASIN: 0324319800

Book Description

"Brigham/Houston: A Classic, redefined...because a classic never goes out of style." The market leader, Brigham/Houston, continues to grow in reputation and amount of users as the most effective approach for teaching the first undergraduate corporate finance course. The seamless, integrated ancillary package, still painstakingly prepared by the authors, is a hallmark of the Brigham/Houston package which reduces course preparation time for instructors and makes the subject more accessible for learners. New for this edition is the addition of iLrn Finance, an online student assessment and tutorial resource to help improve student performance. Additionally, access to Thomson ONE - Business School Edition, an online financial database that students can use to complete projects or select end of chapter exercises, is included with each new text.

Customer Reviews:

5 out of 5 stars Funadmentals of Financial Management.......2007-09-25

I'm using this book as a part of my master of science and it is pretty good, easy to understand even for non financial people, I hihgly recomend this book

2 out of 5 stars Again not enough info.......2007-03-29

It goes into the questions but does not go into how to solve the problem well enough. Like every other financial book. Just once I wish the authors would realize they cannot skip steps on solving the problems! Instead of giving a COMPLETE answer. How hard is it????

1 out of 5 stars This book deserves 0 star.......2007-02-04

This book is required for my finance class. However, this book doesn't explain the concepts well. For example what the book covered on the chapters have nothing to do with what were asked on the exercises. Students are often left in the dark trying to find themselves to come up with the formula (luckily we have the internet). If you buy this book make sure you have the TI BA II plus calculator. The book ONLY explains how to do most of the problems on THAT particular calculator instead of giving us the formula to use on any other calculator or using spreadsheet. Although there are some chapters that mentioned they will give instructions on how to solve the problems using MS excel but so far only chapter 1 gave us some basic information and rest of the chapters don't show anything (even though they mentioned it). So the words on the book and what you are actually getting don't match. Unless you have a very good instructor who's willing to work without getting help from the book, you are pretty screwed.

This book needs some serious editing (as I said the words and the contents don't match).

5 out of 5 stars Target Market is for undergraduates.......2006-12-30

If interested in an MBA text, you might examine Brigham's Intermediate Financial Management. This Fundamentals text is outstanding for the undergraduate, intro course. JWB

2 out of 5 stars Too basic for an MBA class.......2006-11-21

I got this book as the accompanying textbook to a Financial Management Class. Our class had to study most of the material on its own. As it usually is, the majority of the work is done at home hitting textbooks and figuring out how formulas are derived, which variables go where, and how fundamnetal coefficients (beta, alpha) are calculated.
Well this book is not well suited to acquire a solid foundation in finance without consulting better books or the internet. The result is: one needs much more time than actually necessary to learn the material.
Furthermore there are some statements; for instance "...multinational corporations (MNCs) issue stock in foreign countries..."; well I knew that, too, prior to this class. But why doesn't this book a little bit better explain why MNCs actually do this? There are several of such unexplained statements in the book. I am very disappointed.
Even though this book is really just about the fundamentals, it should have much better caught those fundamentals. I think I have to go to the Stanford, Harvard, or MIT MBA syllabi to find a good financial management book which goes a bit more in depth.
This book is priced by weight not by content! Definitely not worth the ~$160.
Fundamentals of Investing (9th Edition) (Addison-Wesley Series in Finance)
Average customer rating: 4 out of 5 stars
  • got to me fast
  • Textbook comes with excellent portfolio simulation -- OTIS
  • A "Must Have" book for beginning investors!
  • Definately a bad choice for students...
  • Fundamentals of Investing, 7th
Fundamentals of Investing (9th Edition) (Addison-Wesley Series in Finance)
Lawrence J. Gitman , and Michael D. Joehnk
Manufacturer: Addison Wesley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0321236858

Customer Reviews:

5 out of 5 stars got to me fast.......2007-04-11

The book is in new condition and got to me fast.

5 out of 5 stars Textbook comes with excellent portfolio simulation -- OTIS.......2004-11-05

Contrary to what the Editorial Review above states, this textbook does NOT come with StockTrack. Fortunately, it comes with an excellent program -- OTIS, an Online Trading and Investment Simulator developed at Wharton, the world famous business school. The simulation program allows you to "buy" and "sell" a whole range of real securities, including stocks, bonds, mutual funds, EFTs and derivatives, so you can test out the investment concepts from the textbook. It's just like using a program like eTrade, except you don't use real money. You can test out your investment ideas, and the software tracks your portfolio value using real market data.

The Gitman/Joehnk textbook itself is a fine textbook for someone who has not studied investment theory before, and is ideal for personal investors who want a solid foundation in the essential concepts, tools, and latest technologies they need to be successful.

5 out of 5 stars A "Must Have" book for beginning investors!.......2002-04-17

Time for me to upgrade to the Seventh Edition! I used Fundamentals of Investing, Fourth Edition around 10 years ago in a college course at WCTC in Waukesha, WI. My instructor was a V.P. at a major brokerage house. It was one of the best and most rewarding college courses I ever took. We covered the entire book in one semester.

As with any book, Fundamentals of Investing will please some and not others. This book lays the foundation for investing by covering topics such as stocks, bonds, insurance, and the like along with understanding the risks of each. This book is not a "get rich quick" self help book. You will not find "trendy ways" to invest, hence the title "Fundamentals of Investing."

This book is where I learned Time Value of Money (TVM). Before I learned of TVM and investing, my retirement plan consisted of the value of my home and social security. Now I am well on my way to achieving my goal; retiring as comfortable as or better than I live now. If there is any social security when I retire it will be a bonus.

On the whole, this book (including my 4th edition) is useful even as a reference to the investment process. I use it to refresh my understanding of the variety and types of securities. Others may disagree but this is my investment bible. It has paid for itself time and time again by reminding me of the basic "Fundamentals of Investing."

You can remove a lot of risks to investing if you read and understand those investments in "Fundamentals of Investing."

2 out of 5 stars Definately a bad choice for students..........2002-02-12

This is your typical beginner book on investments. The book is separated into 6 categories, each category having 2 chapters apiece. These categories are, The Investment Environment, Important Conceptual Tools, Investing in Common Stock, Portfolio Management, and Derivative Securities. Although, one can see that the book seems to broken down nicely in each category, the examples illustrated in this book are very sketchy, and at times hard to follow.

What makes this book so difficult to follow is that at the end of each chapter, you are given a set of review questions to practice what you learned. This is very bad if your professor assigns the book, but doesn't use it. Now, this is the catch. There are NO answers for these review questions anywhere in this book. In fact, the only way one can possibly get these study question answers is if her or she is the professor. In order to do this, you have to login to the author's page as the "educator." Of course, students who buy this book for class, will only have student access which only enables them to see what they "need" to have learned from each chapter, and access to a small pc program that solves everything for you. A nice tool, but kind of pointless if you do not know what you are doing in the first place. Oh yea, did I mention you only have a 6 month subscription to this "service." I do not want to call it a service by any means, since its useless.

In short, if you are a student, or want to get the general ideas of investment, Do NOT buy this book, since you will never know if you are applying the principles that you learned from this book properly. I had no choice but to buy this book, but if you can avoid this book, please do, and save yourself a headache or two.

2 out of 5 stars Fundamentals of Investing, 7th.......2002-02-09

Fundamentals of Investing leaves a good deal to be desired as a textbook for a first course on investments. It is too wordy, being nearly 700 pages in length (not including tables or the index), making it somewhat challenging to cover the entire book in a single college semester.

As with any book, Fundamentals of Investing has its good features and its bad features. The chapter on investment planning (chapter 3) is quite good as it gives the reader an understanding of the motivation for investing. Another good feature about the book is the treatment of the security analysis process and how the investor should approach the analysis of investments for inclusion in a portfolio.

However, the deficiencies of the book appear to outweigh its benefits. First, the authors appear to assume that the reader is already familiar with the concept of the time value of money (TVM). Since the TVM concept is vital in assessing the worth of an investment to an investor, a reader that is unfamiliar or not well versed in the TVM concept is likely not to fully understand how securities are valued. Second, many of the examples given in the book are not always of great help in assisting the reader in understanding the concepts that were presented. Finally, the problems at the end of each chapter do not seem to provide much of a challenge to the reader to apply the concepts that were covered in the chapter to reinforce what was supposed to have been learned.

On the whole, the book can be useful in introducing the reader to the investment process and in understanding the variety and value of different types of securities. But a reader who is less familiar with investing can do better than to buy this book.
Fundamentals of Multinational Finance (2nd Edition) (Eiteman Series)
Average customer rating: 4 out of 5 stars
  • The second edition needs some work.
Fundamentals of Multinational Finance (2nd Edition) (Eiteman Series)
Michael H. Moffett , Arthur I. Stonehill , and David K. Eiteman
Manufacturer: Addison Wesley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0321280318

Customer Reviews:

4 out of 5 stars The second edition needs some work........2007-07-09

I have had other texts that did a great job at highlighting the key concepts, perhaps creating a sidebar to point out definitions and concepts as they occur in the text. This book assumes that your highlighter will find these nuggets by itself. Also, the chapter summaries were pretty skimpy, and I did not find them to be a valuable study resource.

However, the end-of-chapter questions and problems were fantastic resources to expand my learning and discover weaknesses. I was also impressed by the choice of case studies. These real-world examples contributed to a deeper understanding, and provided a starting point for research.

The range of topics included:
-The International Monetary System.
-Balance of Payments.
-Foreign exchange markets and rates.
-Management of risk due to foreign exchange exposure.
-Sources of global equity and debt.
-International Portfolio Diversification Theory.
-International Tax Management Strategies.


I did learn alot about Multinational Finance from this book, but I think my learning would have been enhanced if the book were developed further.
Fundamental Accounting Principles w/2003 Krispy Kreme AR, TTCD, NetTutor, OLC w/PW
Average customer rating: 4 out of 5 stars
  • Accounting Book
  • Wow...What'll They Think of Next?
  • Best accounting book ever.
  • Missing part of it
Fundamental Accounting Principles w/2003 Krispy Kreme AR, TTCD, NetTutor, OLC w/PW
Kermit D. Larson , John J Wild , and Barbara Chiappetta
Manufacturer: McGraw-Hill/Irwin
ProductGroup: Book
Binding: Hardcover

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Comprehensively revised, Fundamental Accounting Principles uses the 2003 annual report of Krispy Kreme to help make accounting concepts and precepts both interesting and understandable. NetTutor provides you with live, personalized assistance via the Internet, while the accompanying Topic Tackler CD features video clips, slide shows, and more for two key topics within each chapter.

Customer Reviews:

3 out of 5 stars Accounting Book.......2006-02-23

Not all of the information is updated that I thought could have been updated from the last edition.

Easy to follow and gives good examples.

5 out of 5 stars Wow...What'll They Think of Next?.......2005-10-29

This book is great. Use the online resources! My professor is old school and made no mention of those resources. Had I not taken the time to figure them out and make use of them, I may not have passed the class. The narrated PowerPoint's were particularly helpful.

5 out of 5 stars Best accounting book ever........2005-09-15

This book has helped me so much over the past year. Great book.

3 out of 5 stars Missing part of it.......2005-09-08

There was supposed to be a CD, and a work book with this product. I can totally understand why the work book was not there but there is no excuse for the CD.
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition)
Average customer rating: 4.5 out of 5 stars
  • Excellent textbook for gaining an understanding of Finance
  • Great Service
  • fundamentals of financial management
  • great book
  • pc6
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition)
Eugene F. Brigham , and Joel F. Houston
Manufacturer: South-Western College Pub
ProductGroup: Book
Binding: Hardcover

Corporate FinanceCorporate Finance | Finance | Business & Investing | Subjects | Books
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ASIN: 0324319835

Book Description

"Brigham/Houston: A Classic, redefined...because a classic never goes out of style." The market leader, Brigham/Houston, continues to grow in reputation and amount of users as the most effective approach for teaching the first undergraduate corporate finance course. This Concise version of the extremely successful, Brigham/Houston-Fundamentals of Financial Management, contains the same level of topical rigor while also reflecting the latest in theory, research, real-world examples, and use of technology as Fundamentals. The seamless, integrated ancillary package, still painstakingly prepared by the authors, is a hallmark of the Brigham/Houston package which reduces course preparation time for instructors and makes the subject more accessible for learners. New for this edition is the addition of iLrn Finance, an online student assessment and tutorial resource to help improve student performance. Additionally, access to Thomson ONE - Business School Edition, an online financial database that students can use to complete projects or select end of chapter exercises, is included with each new text.

Customer Reviews:

5 out of 5 stars Excellent textbook for gaining an understanding of Finance.......2007-03-10

This text book is an excellent resource for understanding Financial Management. It was a required text in my MBA program and the book is easy to go through on your own. There are exercises, or self tests, at the end of each section in the chapters, as well as many types of problems and self test questions at the end of the chapters.

We had a mediocre teacher in my MBA program, so going through the text was imperative. The authors do a great job breaking down concepts and some of the examples at end of chapter sections have the answers.

I comes with a supplemental booklet to further help undertand the "Time Value of Money" which, according to the authors, is a difficult concept.

One big plus for this text is that it shows you how to figure out the problems using formulas, using financial caluclators, and using an Excel spreadsheet.

I highly recommend doing the examples and problems in the book, and ordering the study guide. The study guide has additional examples and problems to work through and is the perfect supplement.

This is one text I am going to keep!

5 out of 5 stars Great Service.......2006-12-21

The book is in an excellent condition, the package was terrific, well wrapped against rain or snow. Ryan did a great job packing and shipping the item. I received it on the 2nd business day after placing the order. I am very happy with the service.

3 out of 5 stars fundamentals of financial management.......2006-11-06

It was in great condition but it just took too long for what I pay for the shipping but overall the item was just right brand new great.Needs to improve their shipping only two thumbs up!!

5 out of 5 stars great book.......2006-09-26

bought the book for a bit cheaper than the price cover but got exactly what i paid for on time.

5 out of 5 stars pc6.......1999-02-25

capital structur
Fundamentals of Cost Accounting
Average customer rating: Not rated
    Fundamentals of Cost Accounting
    Michael W Maher , William N. Lanen , and Madhav V. Rajan
    Manufacturer: McGraw-Hill/Irwin
    ProductGroup: Book
    Binding: Hardcover

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    Accessories:
    1. Schaum's Outline of Cost Accounting, 3rd, Including 185 Solved Problems Schaum's Outline of Cost Accounting, 3rd, Including 185 Solved Problems

    ASIN: 0073018376

    Book Description

    A direct, realistic, and efficient way to learn cost accounting. Fundamentals is short (736 pages) making it easy to cover in one semester. The authors have kept the text concise by focusing on the key concepts students need to master. Opening vignettes and In Action boxes show realistic applications of these concepts throughout. The Topic Tackler CD reinforces this realism with video clips of different businesses that use cost accounting. Comprehensive end-of-chapter problems plus Homework Manager provide students with all the practice they need to fully learn each concept.
    Fundamentals of Corporate Finance Standard Edition + S&P Card + Student CD
    Average customer rating: 4 out of 5 stars
    • finance
    • Worthless
    • Excellent text
    • Excellent readibility and examples, did well in class
    • Good Text For Beginners
    Fundamentals of Corporate Finance Standard Edition + S&P Card + Student CD
    Stephen A. Ross , Randolph W Westerfield , and Bradford D Jordan
    Manufacturer: McGraw-Hill/Irwin
    ProductGroup: Book
    Binding: Hardcover

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    ASIN: 0073134287

    Book Description

    The best-selling Fundamentals of Corporate Finance (FCF) is written with one strongly held principle– that corporate finance should be developed and taught in terms of a few integrated, powerful ideas. As such, there are three basic themes that are the central focus of the book: 1) An emphasis on intuition—underlying ideas are discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation. 2) A unified valuation approach—net present value (NPV) is treated as the basic concept underlying corporate finance. Every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects. 3) A managerial focus—the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. The Seventh Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. Every chapter has been updated to provide the most current examples that reflect corporate finance in today’s world. The supplements package has also been updated and improved. From a new computerized test bank that is easier than ever to use, to new narrated PowerPoint for students, to new interactive learning modules, student and instructor support has never been stronger. There is also an optional, exciting new web-based program called “Homework Manager” that will help your students learn corporate finance by duplicating problems from each chapter in the textbook and by providing automatic grading and feedback to both students and instructors.

    Customer Reviews:

    3 out of 5 stars finance.......2007-07-17

    i only looked at the book once because the professor didnt require us to use the book for studying purposes. im sure it's a useful book, i just didnt get to use it.

    1 out of 5 stars Worthless.......2006-11-01

    This text book has been by far the worst text book for any class I have taken in my 4 years of college. The text is laid out in such a fashion that learning in nearly impossible. Normally I would enjoy a class like this, because I enjoy solving problems that are used in real life situations. I have not found this book to help me learn The Fundamentals of Corporate Finance at all.
    For everyone who has to use this book for a class I hope that your professor is able to explain what you are supposed to be learning because this book will not help at all.

    5 out of 5 stars Excellent text.......2006-03-24

    I really enjoyed using this text book. It is clearly written and the student CD really helped me learn the material.

    5 out of 5 stars Excellent readibility and examples, did well in class.......2006-02-25

    I purchased this book for a class where it was required, but saved $ by purchasing through amazon. I paid about $120 and see that the price has gone up in the last 2 months. This book seems long but is filled with examples of calculations and process. I found that reading the book gave me a clearer and more thorough explanation than even my teacher could give. I have learned a lot and would highly recommend this book to anyone trying to learn finance.

    5 out of 5 stars Good Text For Beginners.......2005-12-16

    I am a non-finance major and this book helped me get through the class very well. Not only does the author explain the material in common language, but it is an easy reader. My favorite part of the book is the CD that comes with it. It has a lot of interactive ways to learn the material, from quizzes to narrative Power Points.
    Fundamentals of Corporate Finance Alternate Edition + S&P card + Student CD (McGraw-Hill/Irwin Series in Finance, Insurance and Real Esta)
    Average customer rating: Not rated
      Fundamentals of Corporate Finance Alternate Edition + S&P card + Student CD (McGraw-Hill/Irwin Series in Finance, Insurance and Real Esta)
      Randolph W Westerfield , and Bradford D Jordan
      Manufacturer: McGraw-Hill/Irwin
      ProductGroup: Book
      Binding: Hardcover

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      ASIN: 0073134295

      Book Description

      The best-selling Fundamentals of Corporate Finance (FCF) is written with one strongly held principle– that corporate finance should be developed and taught in terms of a few integrated, powerful ideas. As such, there are three basic themes that are the central focus of the book: 1) An emphasis on intuition—underlying ideas are discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation. 2) A unified valuation approach—net present value (NPV) is treated as the basic concept underlying corporate finance. Every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects. 3) A managerial focus—the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. The Seventh Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. Every chapter has been updated to provide the most current examples that reflect corporate finance in today’s world. The supplements package has also been updated and improved. From a new computerized test bank that is easier than ever to use, to new narrated PowerPoint for students, to new interactive learning modules, student and instructor support has never been stronger. There is also an optional, exciting new web-based program called “Homework Manager” that will help your students learn corporate finance by duplicating problems from each chapter in the textbook and by providing automatic grading and feedback to both students and instructors.

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