FRANK K. RE I L L Y, KEITH C. BROWN
Investment Analysis & Portfolio Management
The pleasure of authoring a textbook comes from writing about a subject that we enjoy and
find exciting. As authors, we hope that we can pass on to the reader not only knowledge but
also the excitement that we feel for the subject. In addition, writing about investments brings
an added stimulant because the subject can affect the reader during his or her entire business
career and beyond. We hope that what readers derive from this course will help them enjoy
better lives through managing their financial resources properly.
The purpose of this book is to help you learn how to manage your money so you will derive
the maximum benefit from what you earn. To accomplish this purpose, you need to learn
about the many investment alternatives that are available today and, what is more important,
to develop a way of analyzing and thinking about investments that will remain with you in the
years ahead when new and different investment opportunities become available.
