Geoffrey Hirt and Stanley Block's books on investing have sold more than 1 million copies to date. Now Managing Investmentsbrings their work to a whole new audience, providing financial professionals and sophisticated individual investors with a detailed and comprehensive look at stock and bond investing. From how to select appropriate investments to higher level strategies for evaluating a portfolio's risk/return ratio, the book’s rigorous analyses and numerous examples will help readers apply state-of-the-art theory to the real world of investing.