Investments (6th Edition) Review

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Investments (6th Edition) ReviewI've read a lot of popular books about investing. Some of them were helpful in introducing me to investing in general. I decided, however, that I wanted a more thorough knowledge of the subject. I bought "The Portable MBA in Investment" by Peter Bernstein and found it utterly incomprehensible. If I wanted to be well-grounded in investing, this was unacceptable.
I borrowed Sharpe's text from the library and have been blasting through it for the past few days. It isn't an easy text; anyone who wants to tackle the subject should have some background in math and statistics. And I would suggest that people be at least somewhat familiar with investing. Otherwise, they may be turned off completely by the stuff. Once you're ready to go, though, make sure you read Sharpe's book first.
I've sampled other texts, and Sharpe's is the clearest and most relevant. Nothing is omitted. Everything from factor models to reading stock tables is included. The book is extremely well-written. Most of the material is presented simply. For example, the formulas are illustrated with examples that make understanding infinitely easier. And each chapter has a sidebar called "Institutional Issues" which puts a real-world spin on the chapter's subject matter. An invaluable book for the serious investor.
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