In today’s economy, it’s critical for investors to have a strong understanding of the strategies needed to make the best decisions. Jones arms them with the most up-to-date information in the field while offering a proper balance between investment opportunities, techniques and analytics. He includes new discussions on the rapid rise and interest in exchange-traded funds, the new NYSE-Euronext market, the merger of the NYSE and Amex, and more. Expanded coverage is also presented in behavioral finance and the bond markets. In addition, investors will benefit from the updated problems and questions that really make them think of the most effective moves before acting.
Harmonic analysis and probability have long enjoyed a mutually beneficial relationship that has been rich and fruitful. This monograph, aimed at researchers and students in these fields, explores several aspects of this relationship. The primary focus of the text is the nontangential maximal function and the area function of a harmonic function and their probabilistic analogues in martingale theory. The text first gives the requisite background material from harmonic analysis and discusses known results concerning the nontangential maximal function and area function, as well as the central and essential role these have played in the development of the field.The book next discusses further refinements of traditional results: among these are sharp good-lambda inequalities and laws of the iterated logarithm involving nontangential maximal functions and area functions. Many applications of these results are given. Throughout, the constant interplay between probability and harmonic analysis is emphasized and explained. The text contains some new and many recent results combined in a coherent presentation.
The revised and updated fourteenth edition of Investments: Analysis and Management explains the essentials of investing and supports good investment decisions. More than a simple introduction to the subject, this comprehensive textbook prepares students to handle real-world investment problems and controversies in a clear and accessible manner. Emphasizing readability, Authors Charles Jones and Gerald Jensen minimize complex formulas and simplify difficult material—enabling students of all levels and backgrounds to follow the entire discussion and delve further into the subject. Ideally suited for beginning courses in investments, this textbook is designed as a practical guide to help students gain foundational knowledge of investing and develop the analytic skills necessary for deciphering investment issues. Carefully organized chapters guide students through fundamental investing concepts, portfolio and capital market theory, common stock analysis and valuation, fixed-income and derivative securities, the specifics of security analysis and portfolio management, and more. A broad range of pedagogical tools—including bulleted summaries, numbered examples, spreadsheet exercises, computational problems, and an extensive set of chapter review questions—strengthens student comprehension and retention.
Many marine mammals communicate by emitting sounds that pass through water. Such sounds can be received across great distances and can influence the behavior of these undersea creatures. In the past few decades, the oceans have become increasingly noisy, as underwater sounds from propellers, sonars, and other human activities make it difficult for marine mammals to communicate. This book discusses, among many other topics, just how well marine mammals hear, how noisy the oceans have become, and what effects these new sounds have on marine mammals. The baseline of ambient noise, the sounds produced by machines and mammals, the sensitivity of marine mammal hearing, and the reactions of marine mammals are also examined. An essential addition to any marine biologist's library, Marine Mammals and Noise will be especially appealing to marine mammalogists, researchers, policy makers and regulators, and marine biologists and oceanographers using sound in their research.
A glorious and conclusive chronicle of the wars waged by one of the most polarizing figures in military history Acclaimed on both sides of the Atlantic as a new standard on the subject, this sweeping, boldly written history of the Napoleonic era reveals its central protagonist as a man driven by an insatiable desire for fame, and determined to push matters to extremes. More than a myth-busting portrait of Napoleon, however, it offers a panoramic view of the armed conflicts that spread so quickly out of revolutionary France to countries as remote as Sweden and Egypt. As it expertly moves through conflicts from Russia to Spain, Napoleon's Wars proves to be history writing equal to its subject—grand and ambitious—that will reframe the way this tumultuous era is understood.
In early October 1935 and without any declaration of war some two hundred thousand men, comprising soldiers and airmen of the Italian armed forces, Fascist ‘Blackshirt’ Militia, Eritrean ascari and Somali dubats, invaded the independent state of Ethiopia (Abyssinia). It was an operation entirely of choice, the chooser being Il Duce: Benito Mussolini. The resultant conflict is often described as a colonial war. while it was certainly launched with the intent of turning Ethiopia into an Italian possession, it was in fact a war of aggression against an independent, sovereign, state with membership of the League of Nations. A state that had, according to one of its nineteenth-century rulers, been ‘for fourteen centuries a Christian island in a sea of pagans’. The swiftness of the Italian victory resulted from their possession and ruthless use of technology; most particularly aircraft, mustard gas, and motorisation/mechanisation. Since they were fighting an enemy who possessed none of these things, then they were able to wage, indeed inaugurate, what the prominent military theorist JFC Fuller dubbed ‘totalitarian warfare’ or, as it became known a few years later, total war. This, he opined, was the Fascist, the scientific, way of making war. In his considered view, the Fascist Army that waged it was ‘a scientific military instrument.’ This book examines that campaign in military and political terms.
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