: The central theme is that well-developed security markets are nearly efficient. Risk-Return Trade-off : A fundamental concept explored across all asset classes. Asset Allocation
13th Edition Investments by Bodie, Kane, and Marcus, published by McGraw Hill Investments Bodie Kane Marcus 13th Edition Pdf
This is the million-dollar question. The 14th edition (released in 2023) includes new material on cryptocurrencies, NFTs, and post-COVID inflation. However, to the 13th edition. Why? The core theories of finance (CAPM, EMH, Black-Scholes, duration) do not change year to year. : The central theme is that well-developed security