{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Topic 5 - BMGT 343 Investments Prof Anna Obizhaeva Office...

Info icon This preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
1 BMGT 343: Investments Prof. Anna Obizhaeva Office: VMH 4428 Phone: (301) 405-7934 Email: [email protected] Equities © Anna A. Obizhaeva Section 0101 T Th 9:30-10:45 am in VMH 1307 Section 0201 T Th 11:00-12:15 pm in VMH 1307 Section 0301 T Th 12:30-1:45 pm in VMH 1307 Office Hours : Wed 10:00-11:00 am or by appointment Equities Topic 5: Risk and Return Equities © Anna A. Obizhaeva
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2 Outline for Topic 5 Overview of equity market: stocks and indices Equity investing: stock-picking or portfolio approach? H t tif i k? Q t i How to quantify risk? Quant review Benefits of diversification Equities © Anna A. Obizhaeva 1. What Stocks Are? Stocks (or equities) are ownership shares in a publicly held corporations. Main features of common stocks: Voting rights (each share entitles its owners to one vote on any matters at the corporation’s annual meeting). Rights to dividends (each share entitles its owners to a share in the financial benefits of ownership, e.g. dividends). Usually dividends are paid quarterly. Equities © Anna A. Obizhaeva Main characteristics of common stocks: Residual claim (first bondholders, then stockholders) Limited liability (stockholders can not lose more than invested)
Image of page 2