FIN 422: Student Managed Investment Fund

Larry Schrenk, Instructor

Materials

Because we will be using a number of expensive texts, you will not be required to purchase any specific books for the course. All the books listed below will be on reserve in the library.   

 

Background:      

 

          Zvi Bodie, Alex Kane, and Alan J. Marcus. Investments. McGraw-Hill, 2013. Note that this is the Investments text, not the Essentials of Investments text. (Publisher Website)

                                      

Primary Resources:     

          Aswath Damodaran. Investment Philosophies: Successful Strategies and the Investors Who Made Them Work. 2nd ed. Wiley, 2012. Kindle

 

 

         Aswath Damodaran. Investment Valuation: Tools and Techniques for Determining the Value of any Asset. 3rd ed. Wiley, 2012. Kindle

 

 

 

 

        Tim Koller, Marc Goedhart, and David Wessels. Valuation: Measuring and Managing the Value of Companies. 6th ed. Wiley, 2015. Kindle

 

An Additional Resource:

 

          Aswath Damodaran. The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit. Wiley, 2012. (A condensed version of Damodaran’s approach) Kindle

         Three Recommended, but Optional, Books:     

                        Peter L. Bernstein. Against the Gods: The Remarkable Story of Risk. Wiley, 2008. (An enjoyable discussion of risk–financial and otherwise) Kindle

                        Peter L. Bernstein. Capital Ideas: The Improbable Origins of Modern Wall Street. Wiley, 2009. (A serious chronological account of recent investment theory) Kindle 

                        Peter L. Bernstein. Capital Ideas Evolving. Wiley, 2009. (A continuation of Capital Ideas) Kindle

 

Calculator:              

                      You should have a financial calculator from earlier finance classesIf you already have a TI-83 or 84 Plus graphing calculator, you do not need to buy anything elseIf you already have a TI-83 or 84 Plus graphing calculator, you do not need to buy anything else. If not, you will need to get a financial calculator. (Unfortunately, basic scientific calculators normally do not have financial functions. If in doubt, contact me.) Do not spend a lot of money on a fancy model. A basic financial calculator should cost $30-$40 at many department stores (maybe cheaper if you get it online). The most common models are the HP 10bII, HP 10bII+ and TI BAII Plus. A financial calculator has many financial functions (so you won't need to memorize a lot of formulae for the exams), and we will go over the use of a financial calculator in the course. You can download a Financial Calculator Guide for the course. Either of the following are good choices: