Investment management Harry C. Sauvain.

Includes bibliographical references and index.

-- The problem of investment managemen t-- The kinds of securities you can buy in the marke t-- The markets for securities -- Changes in interest rates as a cause of uncertainty -- Change in the financial abilities of issuers as a cause of uncertainty -- Changes in the price level as a cause of uncertainty -- Desirability of ownership qualities -- The problem of financial analysis -- Analysis of corporate bonds -- Selecting common stocks -- The historical record of change -- Interpreting the record: asset turnover -- Interpreting the record: the profit margin -- Estimating risk and return --The system of investment constraints -- Constraints of money and of the mind -- Personal financial planning -- Policies for constructing the securities portfolio -- Other elements of risk in portfolio construction -- Defensive policies toward price changes -- Aggressive policies toward price changes -- Investment policies of commercial banks -- Investment policies of life insurance companies -- Investment companies and their investment policies -- Investment policies of fiduciaries.