The Crown of Thorns

Author:,

Publisher:John Wiley & Sons

ISBN:1118603389

Total Pages:496

Viewed:1333

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Books Description:

A legendary value investor on security analysis for a modernera This book outlines Whitman's approach to business and securityanalysis that departs from most conventional security analysts.This approach has more in common with corporate finance than itdoes with the conventional approach. The key factors in appraisinga company and its securities: 1) Credit worthiness, 2)Flows—both cash and earnings, 3) Long-term outlook, 4)Salable assets which can be disposed of without compromising thegoing concern, dynamics, 5) Resource conversions such as changes incontrol, mergers and acquisitions, going private, and major changesin assets or in liabilities, and 6) Access to capital. Offers the security analysis value approach Martin Whitman hasused successfully since 1986 Details Whitman's unconventional approach to security analysisand offers information on the six key factors for appraising acompany Contains the three most overemphasized factors used inconventional securities investing Written by Martin J. Whitman and Fernando Diz, ModernSecurity Analysis meets the challenge of today's marketplace bytaking into account changes to regulation, market structures,instruments, and the speed and volume of trading.

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Investment Management

Author:Ramanna Vishwanath,Chandrasekhar Krishnamurti

Publisher:Springer Science & Business Media

ISBN:9783540888024

Total Pages:634

Viewed:990

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Books Description:

Sound investment decisions require an in-depth knowledge of the financial markets and available financial instruments. This book provides students and professionals with an understanding of the role and activities of an equity security analyst within the investment process. Emphasis is on understanding the process of analyzing companies; the valuation process; and the challenges of achieving success in a highly competitive capital market. The authors present a comprehensive compendium on the financial theory, the empirical evidence and the mathematical tools that form the underlying principles of investment decisions.

Security Analysis: The Classic 1940 Edition

Author:Benjamin Graham,David Dodd

Publisher:McGraw Hill Professional

ISBN:0071707573

Total Pages:752

Viewed:1047

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Books Description:

"Graham's ideas inspired the investment community for nearly a century."--Smart Money "Graham's method of investing is as relevant today as it was when he first espoused it during the Roaring Twenties."--Investor's Business Daily Benjamin Graham's revolutionary theories have influenced and inspired investors for nearly 70 years. First published in 1934, his Security Analysis is still considered to be the value investing bible for investors of every ilk. Yet, it is the second edition of that book, published in 1940 and long since out of print, that many experts--including Graham protégé Warren Buffet--consider to be the definitive edition. This facsimile reproduction of that seminal work makes available to investors, once again, the original thinking of "this century's (and perhaps history's) most important thinker on applied portfolio investment."

Distress Investing

Author:Martin J. Whitman,Fernando Diz

Publisher:John Wiley & Sons

ISBN:9780470488430

Total Pages:272

Viewed:1594

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PRAISE FOR DISTRESS INVESTING "Marty Whitman has distilled decades of distressed investing experience into a text that is a must-read for everyone interested in the field, whether a student or a professional investor." —WILBUR L. ROSS, Chairman and CEO, WL Ross & Co. LLC "Distress Investing: Principles and Technique represents a detailed and unique perspective on an arcane arena of investment that is going to get a lot more attention. Marty Whitman is the master, and has set the standard for many years." —SAM ZELL, Chairman, Equity Group Investments, LLC "Martin Whitman and Professor Diz have produced a seminal work on the ins and outs of distressed investing for all distressed debt investors. It is jam-packed with information and guidance for the novice and the experienced. A must-read for anyone interested in distressed investing." —LEWIS KRUGER, Stroock & Stroock & Lavan LLP "Marty Whitman, a legend in distress investing, packs decades of experience into these pages. The restructuring of the capital markets currently under way is sure to provide great distress investment opportunities, which this guide book can make count for you." —BRUCE FLATT, Brookfield Asset Management Inc. "The principles found in this book are those I used in the reorganization of my business from bankruptcy to an S&P 500 company with an investment grade rating and a multibillion-dollar market capitalization. An excellent premier by Marty Whitman and Professor Diz, integrating economic theory with real-world investment to help investors of all shapes and sizes understand and invest in distressed securities." —GENE ISENBERG, Chairman and CEO, Nabors Industries, Inc. "Marty Whitman, the unquestioned 'Dean' of active distressed investors, and Fernando Diz, one of the few academics specializing in distressed investing, have teamed up to provide perhaps the best and most comprehensive primer on distressed securities and markets. I learned so much from this remarkable volume." —EDWARD I. ALTMAN, Max L. Heine Professor of Finance, NYU Stern School of Business, Director of credit and debt markets research at the NYU Salomon Center and adviser to several financial institutions including, Paulson & Co. and Concordia Advisers

Modern Portfolio Theory

Author:Jack Clark Francis,Dongcheol Kim

Publisher:John Wiley & Sons

ISBN:1118417208

Total Pages:576

Viewed:398

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Books Description:

A through guide covering Modern Portfolio Theory as well as the recent developments surrounding it Modern portfolio theory (MPT), which originated with Harry Markowitz's seminal paper "Portfolio Selection" in 1952, has stood the test of time and continues to be the intellectual foundation for real-world portfolio management. This book presents a comprehensive picture of MPT in a manner that can be effectively used by financial practitioners and understood by students. Modern Portfolio Theory provides a summary of the important findings from all of the financial research done since MPT was created and presents all the MPT formulas and models using one consistent set of mathematical symbols. Opening with an informative introduction to the concepts of probability and utility theory, it quickly moves on to discuss Markowitz's seminal work on the topic with a thorough explanation of the underlying mathematics. Analyzes portfolios of all sizes and types, shows how the advanced findings and formulas are derived, and offers a concise and comprehensive review of MPT literature Addresses logical extensions to Markowitz's work, including the Capital Asset Pricing Model, Arbitrage Pricing Theory, portfolio ranking models, and performance attribution Considers stock market developments like decimalization, high frequency trading, and algorithmic trading, and reveals how they align with MPT Companion Website contains Excel spreadsheets that allow you to compute and graph Markowitz efficient frontiers with riskless and risky assets If you want to gain a complete understanding of modern portfolio theory this is the book you need to read.

Modern Portfolio Theory and Investment Analysis, 9th Edition

Author:Edwin J. Elton,Martin J. Gruber,Stephen J. Brown

Publisher:Wiley Global Education

ISBN:1118805801

Total Pages:752

Viewed:1108

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Books Description:

An excellent resource for investors, Modern Portfolio Theory and Investment Analysis, 9th Edition examines the characteristics and analysis of individual securities as well as the theory and practice of optimally combining securities into portfolios. A chapter on behavioral finance is included, aimed to explore the nature of individual decision making. A chapter on forecasting expected returns, a key input to portfolio management, is also included. In addition, investors will find material on value at risk and the use of simulation to enhance their understanding of the field.

Benjamin Graham, Building a Profession: The Early Writings of the Father of Security Analysis

Author:Jason Zweig

Publisher:McGraw Hill Professional

ISBN:0071633251

Total Pages:352

Viewed:1471

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Books Description:

Learn and profit from the early writings of a financial genius Benjamin Graham is widely known as the father of Value Investing, and mentor to Warren Buffett. But Graham made another critically important contribution by advocating that securities analysts should meet minimum requirements of knowledge, and be held to high standards of ethical conduct—in short, that the profession should be treated as seriously as other fields of study, like accounting, medicine or law. Benjamin Graham and the Birth of the Professional Financial Analyst showcases Graham’s important contribution to remaking investment analysis as a profession. This fascinating collection spanning 30 years offers us valuable perspectives on investing and financial markets—many as vital in the present day as they were in Graham’s own tumultuous mid-twentieth century—and reveals the evolution of Graham’s passionate belief in the creation of a financial profession and a science of financial analysis. Features: Updates and commentary by Jason Zweig, The Wall Street Journal’s “Intelligent Investor” Rare articles from The Financial Analysts Journal Created with the cooperation of the CFA Institute

The Aggressive Conservative Investor

Author:Martin J. Whitman,Martin Shubik

Publisher:John Wiley & Sons

ISBN:9781118046371

Total Pages:496

Viewed:1192

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Books Description:

"The Aggressive Conservative Investor will never go out of date. Regulation, disclosure, and other things may change, but the general approach and mindset to successful investing are timeless. Read this book and you will learn the rudiments of 'safe and cheap' investing. An essential read for every amateur and professional investor." --Stan Garstka, Deputy Dean & Professor in the Practice of Faculty & Management, Yale School of Management "Security analysis toward both better odds and higher long-term payoff: A readable, authoritative guide." --Professor Bill Baumol, New York University "In reading this book, one is struck by the simplicity of the ideas and the dependence of the investor on his own understandings of reality as opposed to the myths on the street. The updated version of this 1979 classic incorporates all the modern financial engineering that has occurred as a product of the late 20th century, and the new methodologies refine your abilities to measure risk but don't change the fundamentals of value. The updated version of The Aggressive Conservative Investor is very much a value-added proposition." --Sam Zell, Chairman, Equity Group Investment LLC "I concur with those people who regard Marty Whitman as the 'Dean of Value Investing.' This book is a must-read for everyone interested in understanding the art of investing." --Melvin T. Stith, Dean, Whitman School of Management, Syracuse University This no-holds-barred presentation of one of the most successful investment strategies of all time -- value investing in distressed securities/companie -- shows you how to analyze and evaluate stocks just like controlling owners. Based on the assumption that stock price rarely reflects real value, authors Whitman and Shubik use numerous case studies to present risk-minimizing methods that also provide high rewards. Still relevant today, this classic work includes a new introduction discussing the dramatic changes that have taken place in the value investing world since its first publication in 1979.

Design and Analysis of Security Protocol for Communication

Author:Dinesh Goyal,S. Balamurugan,Sheng-Lung Peng,O. P. Verma

Publisher:John Wiley & Sons

ISBN:1119555760

Total Pages:368

Viewed:1650

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Books Description:

The purpose of designing this book is to discuss and analyze security protocols available for communication. Objective is to discuss protocols across all layers of TCP/IP stack and also to discuss protocols independent to the stack. Authors will be aiming to identify the best set of security protocols for the similar applications and will also be identifying the drawbacks of existing protocols. The authors will be also suggesting new protocols if any.

The Warren Buffett Philosophy of Investment: How a Combination of Value Investing and Smart Acquisitions Drives Extraordinary Success

Author:Elena Chirkova

Publisher:McGraw Hill Professional

ISBN:0071819339

Total Pages:336

Viewed:304

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Books Description:

Revealed! The secret behind Warren Buffett’s 20% return rate over 60 YEARS The Warren Buffett Philosophy of Investment reveals—for the first time—how the world’s #1 investor combines his trademark value investing with a unique approach to mergers and acquisitions. The huge interest in Warren Buffett stems from the challenge to understand his history of earning more than 20% on capital annually during the last 60 years. Modern financial theory does not allow for this degree of success, nor has anyone else been able to replicate it. The book argues that Buffett's secret can be explained only if one looks beyond the theory of investing. The author sees the major drivers of his success as the transformation of Mr. Buffett's name into a super-brand of mergers and acquisitions, as well as his hands-off policy with respect to the acquired companies. As a result, Buffett enjoys numerous opportunities to buy first-class companies at moderate prices and keeps the existing good managers responsible for further value creation. Elena Chirkova is a professor of finance in the Higher School for Economics in Moscow and was previously Head of Corporate finance for Deloitte’s office in Russia.

Cyber Security Engineering

Author:Nancy R. Mead,Carol Woody

Publisher:Addison-Wesley Professional

ISBN:0134189876

Total Pages:99998

Viewed:963

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Books Description:

Cyber Security Engineering is the definitive modern reference and tutorial on the full range of capabilities associated with modern cyber security engineering. Pioneering software assurance experts Dr. Nancy R. Mead and Dr. Carol C. Woody bring together comprehensive best practices for building software systems that exhibit superior operational security, and for considering security throughout your full system development and acquisition lifecycles. Drawing on their pioneering work at the Software Engineering Institute (SEI) and Carnegie Mellon University, Mead and Woody introduce seven core principles of software assurance, and show how to apply them coherently and systematically. Using these principles, they help you prioritize the wide range of possible security actions available to you, and justify the required investments. Cyber Security Engineering guides you through risk analysis, planning to manage secure software development, building organizational models, identifying required and missing competencies, and defining and structuring metrics. Mead and Woody address important topics, including the use of standards, engineering security requirements for acquiring COTS software, applying DevOps, analyzing malware to anticipate future vulnerabilities, and planning ongoing improvements. This book will be valuable to wide audiences of practitioners and managers with responsibility for systems, software, or quality engineering, reliability, security, acquisition, or operations. Whatever your role, it can help you reduce operational problems, eliminate excessive patching, and deliver software that is more resilient and secure.

Modern Power Systems Analysis

Author:Xi-Fan Wang,Yonghua Song,Malcolm Irving

Publisher:Springer Science & Business Media

ISBN:0387728538

Total Pages:561

Viewed:1663

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Books Description:

The capability of effectively analyzing complex systems is fundamental to the operation, management and planning of power systems. This book offers broad coverage of essential power system concepts and features a complete and in-depth account of all the latest developments, including Power Flow Analysis in Market Environment; Power Flow Calculation of AC/DC Interconnected Systems and Power Flow Control and Calculation for Systems Having FACTS Devices and recent results in system stability.

Real Analysis

Author:Gerald B. Folland

Publisher:John Wiley & Sons

ISBN:1118626397

Total Pages:416

Viewed:831

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Books Description:

An in-depth look at real analysis and its applications-now expandedand revised. This new edition of the widely used analysis book continues tocover real analysis in greater detail and at a more advanced levelthan most books on the subject. Encompassing several subjects thatunderlie much of modern analysis, the book focuses on measure andintegration theory, point set topology, and the basics offunctional analysis. It illustrates the use of the general theoriesand introduces readers to other branches of analysis such asFourier analysis, distribution theory, and probabilitytheory. This edition is bolstered in content as well as in scope-extendingits usefulness to students outside of pure analysis as well asthose interested in dynamical systems. The numerous exercises,extensive bibliography, and review chapter on sets and metricspaces make Real Analysis: Modern Techniques and TheirApplications, Second Edition invaluable for students ingraduate-level analysis courses. New features include: * Revised material on the n-dimensional Lebesgue integral. * An improved proof of Tychonoff's theorem. * Expanded material on Fourier analysis. * A newly written chapter devoted to distributions and differentialequations. * Updated material on Hausdorff dimension and fractal dimension.

Security Analysis, Portfolio Management, and Financial Derivatives

Author:Cheng-Few Lee,Joseph Finnerty,John Lee,Alice C Lee,Donald Wort

Publisher:World Scientific Publishing Company

ISBN:9814458902

Total Pages:1192

Viewed:1184

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Books Description:

Security Analysis, Portfolio Management, and Financial Derivatives integrates the many topics of modern investment analysis. It provides a balanced presentation of theories, institutions, markets, academic research, and practical applications, and presents both basic concepts and advanced principles. Topic coverage is especially broad: in analyzing securities, the authors look at stocks and bonds, options, futures, foreign exchange, and international securities. The discussion of financial derivatives includes detailed analyses of options, futures, option pricing models, and hedging strategies. A unique chapter on market indices teaches students the basics of index information, calculation, and usage and illustrates the important roles that these indices play in model formation, performance evaluation, investment strategy, and hedging techniques. Complete sections on program trading, portfolio insurance, duration and bond immunization, performance measurements, and the timing of stock selection provide real-world applications of investment theory. In addition, special topics, including equity risk premia, simultaneous-equation approach for security valuation, and Itô's calculus, are also included for advanced students and researchers.

Security Analysis and Business Valuation on Wall Street

Author:Jeffrey C. Hooke

Publisher:John Wiley & Sons

ISBN:9780470608920

Total Pages:432

Viewed:1148

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Books Description:

An insider's look at security analysis and business valuation, as practiced by Wall Street, Corporate America, and international businesses Two major market crashes, numerous financial and accounting scandals, growth in private equity and hedge funds, Sarbanes Oxley and related regulations, and international developments changed security analysis and business valuation substantially over the last fourteen years. These events necessitated a second edition of this modern classic, praised earlier by Barron's as a "welcome successor to Graham and Dodd" and used in the global CFA exam. This authoritative book shows the rational, rigorous analysis is still the most successful way to evaluate securities. It picks up where Graham and Dodd's bestselling Security Analysis - for decades considered the definitive word on the subject - leaves off. Providing a practical viewpoint, Security Analysis on Wall Street shows how the values of common stock are really determined in today's marketplace. Incorporating dozens of real-world examples, and spotlighting many special analysis cases - including cash flow stocks, unusual industries and distressed securities - this comprehensive resources delivers all the answers to your questions about security analysis and corporate valuation on Wall Street. The Second Edition of Security Analysis on Wall Street examines how mutual funds, private equity funds, hedge funds, institutional money managers, investment banks, business appraisers, and corporate acquirers perform their craft of security analysis and business valuation in today's highly charged environment. Completely updated to reflect the latest methodologies, this reliable resource represents the most comprehensive book written by someone who has actually worked as an investment banker, private equity executive, and international institutional investor. Shows the methodical process that practitioners use to value common stocks and operating companies and to make buy/sell decisions Discusses the impact of the two stock market crashes, the accounting and financial scandals, and the new regulations on the evaluation process Covers how Internet and computing power automate portions of the research and analytical effort Includes new case study examples representative of valuation issues faced daily by mutual funds, private equity funds, hedge funds, institutional investors, investment banks, business appraisers, and corporate acquirers Is a perfect tool for professors wishing to show their MBA students the essential tools of equity and business valuation Security analysis and business valuation are core financial disciplines for Wall Streeters, corporate acquirers, and international investors. The Second Edition of Security Analysis on Wall Street is an important book for anyone who needs a solid grounding in these critical finance topics.

A Classical Introduction to Cryptography

Author:Serge Vaudenay

Publisher:Springer Science & Business Media

ISBN:0387258809

Total Pages:336

Viewed:1353

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Books Description:

A Classical Introduction to Cryptography: Applications for Communications Security introduces fundamentals of information and communication security by providing appropriate mathematical concepts to prove or break the security of cryptographic schemes. This advanced-level textbook covers conventional cryptographic primitives and cryptanalysis of these primitives; basic algebra and number theory for cryptologists; public key cryptography and cryptanalysis of these schemes; and other cryptographic protocols, e.g. secret sharing, zero-knowledge proofs and undeniable signature schemes. A Classical Introduction to Cryptography: Applications for Communications Security is designed for upper-level undergraduate and graduate-level students in computer science. This book is also suitable for researchers and practitioners in industry. A separate exercise/solution booklet is available as well, please go to www.springeronline.com under author: Vaudenay for additional details on how to purchase this booklet.

Foundations of Security Analysis and Design V

Author:Alessandro Aldini,Gilles Barthe,Roberto Gorrieri

Publisher:Springer

ISBN:3642038298

Total Pages:339

Viewed:735

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Books Description:

FOSAD has been one of the foremost educational events established with the goal of disseminating knowledge in the critical area of security in computer systems and networks. Offering a good spectrum of current research in foundations of security, FOSAD also proposes panels dedicated to topical open problems, and giving presentations about ongoing work in the field, in order to favour discussions and novel scientific collaborations. This book presents thoroughly revised versions of ten tutorial lectures given by leading researchers during three International Schools on Foundations of Security Analysis and Design, FOSAD 2007/2008/2009, held in Bertinoro, Italy, in September 2007, August 2008, and August/September 2009. The topics covered in this book include cryptographic protocol analysis, program and resource certification, identity management and electronic voting, access and authorization control, wireless security, mobile code and communications security.

SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT

Author:S. KEVIN

Publisher:PHI Learning Pvt. Ltd.

ISBN:8120351304

Total Pages:368

Viewed:1167

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Books Description:

The second edition of the book on Security Analysis and Portfolio Management covers all the areas relevant to the theme of investment in securities. It begins with an introduction to the investment process and the risk involved in it and then explains the different methods of security analysis such as Fundamental Analysis (including economy, industry and company analysis), Technical Analysis and Random Walk Theory (including Efficient Market Hypothesis). The valuation of securities such as shares and bonds is illustrated with examples. The securities market environment and the trading system in India are also discussed in sufficient detail. The different phases of Portfolio Management such as portfolio analysis, portfolio selection, portfolio revision and portfolio evaluation are explained in separate chapters. Pricing theories such as Capital Asset Pricing Model (CAPM), Arbitrage Pricing Theory (APT), and Option Pricing Theory are explained with suitable examples. The book also provides an introduction to Derivative Instruments in four chapters. Each chapter is supported with examples, review questions and practice exercises to facilitate learning of the concepts and theories. The book is intended to serve as a basic textbook for the students of finance, commerce, and management. It will be useful to the students pursuing professional courses such as chartered accountancy (CA), cost and management accountancy (CMA), and chartered financial analysis (CFA). The professionals in the field of investment will find this book of immense value in enhancing their knowledge. New to the SECOND Edition • Two new chapters on Arbitrage Pricing Theory (APT) and Option Pricing are introduced. • Two new sections on MCX-SX (the new stock exchange in India) and Value at Risk (VaR) Analysis are also added. • A Glossary of important terms has also been appended for the benefit of readers.

Valuation Of Equity Securities: History, Theory And Application

Author:Poitras Geoffrey

Publisher:World Scientific Publishing Company

ISBN:9813107812

Total Pages:764

Viewed:1558

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Books Description:

This book provides a comprehensive and rigorous treatment of academic and practitioner approaches to equity security valuation. Guided by historical and philosophical insights, conventional academic wisdom surrounding the ergodic properties of stochastic processes is challenged. In addition, the implications of a general stochastic interpretation of equity security valuation are provided. Valuation of Equity Securities will also be a good reference source for students and professionals interested in the theoretical and practical applications of equity securities.

AI-Enabled Threat Detection and Security Analysis for Industrial IoT

Author:Hadis Karimipour,Farnaz Derakhshan

Publisher:Springer Nature

ISBN:3030766136

Total Pages:250

Viewed:956

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Books Description:

This contributed volume provides the state-of-the-art development on security and privacy for cyber-physical systems (CPS) and industrial Internet of Things (IIoT). More specifically, this book discusses the security challenges in CPS and IIoT systems as well as how Artificial Intelligence (AI) and Machine Learning (ML) can be used to address these challenges. Furthermore, this book proposes various defence strategies, including intelligent cyber-attack and anomaly detection algorithms for different IIoT applications. Each chapter corresponds to an important snapshot including an overview of the opportunities and challenges of realizing the AI in IIoT environments, issues related to data security, privacy and application of blockchain technology in the IIoT environment. This book also examines more advanced and specific topics in AI-based solutions developed for efficient anomaly detection in IIoT environments. Different AI/ML techniques including deep representation learning, Snapshot Ensemble Deep Neural Network (SEDNN), federated learning and multi-stage learning are discussed and analysed as well. Researchers and professionals working in computer security with an emphasis on the scientific foundations and engineering techniques for securing IIoT systems and their underlying computing and communicating systems will find this book useful as a reference. The content of this book will be particularly useful for advanced-level students studying computer science, computer technology, cyber security, and information systems. It also applies to advanced-level students studying electrical engineering and system engineering, who would benefit from the case studies.