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Foundations of Investments: An Introduction, 2nd Edition

Troy Adair, John R. Nofsinger, PHD

  • Copyright 2027
  • {{checkPublicationMessage('Published', '2026-02-05T00:00:00+0000')}}
Starting At $84.95 See pricing and ISBN options
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Foundations of Investments: An Introduction 2nd Edition by Troy Adair/John R. Nofsinger, PHD
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Overview

Teach students the theory and skills to implement investment tasks with Adair/Nofsinger's "Foundations of Investments: An Introduction." From theory to practice to implementation, examples, learning features, MindTap and Excel present a theory, then illustrate and solve investment processes using spreadsheets. Understand math and visualize portfolio construction with theory, and illustrate the implications of diversification in mutual funds and other portfolios through practice. The authors demonstrate how to optimize return under the constraints of minimizing risk. Students implement functions for different returns, data handling, probability distributions and regression analysis and examine graphing tools to chart in technical analysis. This edition covers crypto investing, financial planning, behavioral aspects of investing and discusses environmental, social and governance investing.

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Meet the Authors

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Troy Adair

Dr. Troy Adair is a teaching professor in the Decision and Technology Analytics Department in the College of Business at Lehigh University, where he also co-directs the computer science and business degree program as well as the fintech minor. Dr. Adair received his B.S. in computers/information science from the University of Alabama at Birmingham, his M.B.A. from the University of North Dakota and his Ph.D. in business from Indiana University. Prior to joining Lehigh University, Dr. Adair held many influential positions in industry. He managed research computing infrastructure and support services for Harvard Business School. He served as a senior business intelligence consultant in the financial services industry to HSBC, JP Morgan Chase and the United Services Automobile Association (USAA). In addition, he served as the banking/risk management professor for the Ross School of Business at the University of Michigan, where he also oversaw a variety of academic functions as the Associate Provost/Associate Vice President for Institutional Effectiveness at Berkeley College. Dr. Adair is a vocal advocate for the use of technology to enhance business processes. He has authored numerous textbooks leveraging technology in the business decision-making processes, including FINANCE: APPLICATIONS & THEORY, CORPORATE FINANCE DEMYSTIFIED and INTRODUCTION TO R FOR BUSINESS.

John R. Nofsinger, PHD

Dr. John Nofsinger is dean and the William H. Seward Endowed Chair in International Finance at the College of Business & Public Policy, University of Alaska Anchorage. Dr. Nofsinger has authored or co-authored 16 finance trade books, textbooks and scholarly books that have been translated into 11 languages. Two books, in particular, THE PSYCHOLOGY OF INVESTING and THE BIOLOGY OF INVESTING, are extremely popular with investment advisors. Dr. Nofsinger is a prolific scholar who has written 74 articles in multiple disciplines that have been published in a variety of prestigious scholarly journals or practitioner journals. He is most widely known for his work in investments, behavioral finance and socially responsible investing.

Table of Contents

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Part I: THE INVESTMENTS ENVIRONMENT.
1. Introduction to Investments.
2. Types and Attributes of Financial Instruments.
3. Securities Markets and Transactions.
4. Mutual Funds and Other Investment Companies.
Part II: PORTFOLIO THEORY.
5. Measuring Return and Risk.
6. Portfolios and Diversification.
7. Risk-Free and Risky Asset Allocation and the CAPM.
8. Asset Pricing Models and Efficient Markets.
9. Portfolio Performance Analytics.
Part III: INVESTING IN STOCK.
10. The Macroeconomic Environment for Investment Decisions.
11. Valuing Common Stock.
12. Valuing Preferred Stock.
Part IV: INVESTING IN DEBT.
13. Valuing Corporate Bonds.
14. Valuing Government Securities.
Part V: IN VESTING IN DERIVATIVE SECURITIES.
15. An Introduction to Futures Contracts and Options.
16. Derivative Valuation and Strategies.
Part VI: SPECIAL TOPICS.
17. Technical Analysis.

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MindTap
Each MindTap product offers the full, mobile-ready textbook combined with superior and proven learning tools at one affordable price. Students who purchase digital access can add a print option at any time when a print option is available for their course.

This Cengage solution can be seamlessly integrated into most Learning Management Systems (Blackboard, Brightspace by D2L, Canvas, Moodle, and more) but does require a different ISBN for access codes. Please work with your Cengage Learning Consultant to ensure the proper course set up and ordering information. For additional information, please visit the LMS Integration site.

Standalone Digital Access — Ultimate Value

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  • ISBN-10: 8214057051
  • ISBN-13: 9798214057057
  • RETAIL $84.95
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Traditional eBook and Print Options

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  • ISBN-10: 8214057019
  • ISBN-13: 9798214057019
  • RETAIL $87.95

  • ISBN-10: 8214056942
  • ISBN-13: 9798214056944
  • RETAIL $214.95
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Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

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International MindTap Instant Access for Adair/Nofsinger's Foundations of Investments: An Introduction

ISBN: 9798214057057
MindTap is an online learning platform that serves as a companion to your Cengage textbook. It offers powerful tools for quizzes and tests, grading and performance analytics, making it easier for you to track progress, identify learning gaps and support every student. With it, students get full access to their eBooks, along with a wide range of supplemental materials, including practice activities and study support to help them build confidence, master course concepts and build real-world skills. Use MindTap for Adair/Nofsinger's "Foundations of Investments: An Introduction" as-is, or personalize it to meet your specific course needs. You can also integrate MindTap into your existing Learning Management System (LMS), keeping everything you need in one place. All online text media materials accessible through this access code are available in EMEA, Latin America, Asia and India only.