INVESTMENT MANAGEMENT: AN INTRODUCTION

It is all very well to theorize, however when it comes to real time investment the investor would have to get inputs from the real world to make realistic decisions based on realistic benchmarks.

The investor would need a plan to start with. He or she would require an understanding of the environment including the rules and regulations. He would require an investment management system (whether qualitative, quantitative or a combination of both) to ensure ease of decision making. Given the various situations he would be faced with in real time investing. Further, the investor would be required to decide on which brokerage type he would prefer to deal with and through. The choices would be individual brokers, brokerage houses, financial institutions, or banks. And he would have to verify their credentials through a rating agency.

The investor must realize that all this information and more is available in the environment. He or she is required only to find it before making his or her decisions with respect to investments.