Sunday, January 08, 2006

Target ..CFA

I was just browsing through net then discovered this ‘CFA’.
This one seems really interesting and challenging.
Now am thinking about taking this exam.

Hey any one from Hyderabad pls do contact me the material for this course very expensive, may be we can share the material.

The Chartered Financial Analyst® (CFA®) designation is one of the fastest growing professional credentials in the world and is a globally recognized standard for measuring the competence and integrity of investment professionals.

CFA Program

CFA LEVEL I

Financial statement analysis (20%)
The analysis and use of financial statements (3rd edition) – White, Sondhi, and Fried
Financial Accounting (8th edition) – Needles and Powers


Ethical and professional standards (15%)
Standards of Practice Handbook (9th edition) – CFA institute, 2005


Quantitative methods (12%)
Quantitative methods for investment analysis (2nd edition) – Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, and David E. Runkle


Economics (10%)
Economics: Private and Public choice (10th edition) – Gwartney, Stroup, Sobel, and Mcpherson


Analysis of equity investments (10%)
Investment analysis and portfolio management (7th edition) – Frank K. Reilly and Keith C. Brown


Analysis of fixed income investments (10%)
Fixed income analysis for the CFA program (2nd edition) -- Frank J. Fabozzi


Corporate finance (8%)
Fundamentals of financial management (8th edition) -- Eugene F. Bringham and Joel F. Houston

Derivatives (5%)
Analysis of derivatives for the CFA program -- Don Chance


Portfolio management (5%)
Investment analysis and portfolio management (7th edition) – Frank K. Reilly and Keith C. Brown


Alternative investments (5%)
International investments (5th edition) – Bruno Solnik and Dennis Mcleavey

Sunday, January 01, 2006

Indian economy..and stock markets

Sensex soaring new heights every day ..how much does that depict our economy?
It's inching towards the magic figure 10000...This yr budget will be the most awaiting thing..will that open up more opportunities or the pandora's box...

Discuss Portfolio

well my portfolio(A lot diversified):-

Auto:-
Amtek Auto
AshokLeyland

Bank:-
ICICI
IDFC
Centurion Bank of Punjab

Engineering & Capital goods:-
BHEL

Oil Refineries:-
RELIANCE
PETRONET LNG

Shipping:-
MERCATOR Lines

Cements:-
Gujarat Ambuja cements

FMCG:-
ITC

IT:-
TCS

Telecom:-
SASKEN
Bharti

Pharma:-
Glenmark

Too much of diversification is not preferred ..it's like taking too much of ice cream cos u'll suffer with stomach ache.

In ideal case 15-20 is enuf beyond that doesnt help much.