Personal Finance and Investments: A Behavioural Finance Perspective

Introduction 2 The psychology of personal investment decisions PART I Basics of Money, Bond, and Property Markets 3 Interest rates and money market investments 4 Investing in bonds 5 Property investment and mortgages PART 2 Basics of Stock Markets 6 Stock exchanges 7 Stock indices 8 The rationale and conduct of regulation PART 3 Institutional Investments 9 Mutual funds (unit trusts, OEICs, investment trusts) 10 Life assurance and assurance-related investments 11 Pensions 12 The importance and significance of institutional investors PART 4 Capital MarketTheory 13 Portfolio diversification 14 Capital market theory: The capital asset pricing model 15 Capital market theory: Alternatives and criticisms PART 5 Portfolio Management 16 Styles of portfolio construction 17 Evaluating the performance of fund managers PART 6 Investment Analysis 18 The economic environment 19 Dividend discount models 20 Company accounts and economic value added 21 Ratio analysis 22 Technical analysis PART 7 Market Efficiency 23 Market efficiency: Concepts and weak form evidence 24 Noise trading and behavioural finance 25 Market anomalies 26 Further evidence on market efficiency 27 Stock market bubbles and crashes PART 8 Stock Index Futures 28 Stock index futures 29 Stock index futures prices 30 Hedging with stock index futures PART 9 Stock Options 31 Stock options 32 Speculation with stock options 33 Hedging with options 34 Structured products 35 Warrants, convertibles, and split-caps 36 Option pricing and the Black-Scholes model 37 Variations on the basic Black-Scholes option pricing model 38 The binomial option pricing model PART 10 International Investing: Using Currency Derivatives 39 Currency forwards, futures, swaps, and options PART 11 Bond and Interest Rate Analysis 40 Bond prices and redemption yields 41 Duration and risk 42 Bond price convexity 43 Bond futures 44 Yield curves and interest rate futures 45 Interest rate swaps