CFA Equity Investments

A guide to market organization, indices, efficiency, valuation, and competitive analysis.

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Study Chapters

Select a chapter to begin your study of equity investments.

1

Market Organization & Structure

Understand financial systems, market functions, and asset types.

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2

Security Market Indices

Learn how indices measure market performance and different weighting methods.

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3

Market Efficiency

Explore the Efficient Market Hypothesis and market anomalies.

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4

Overview of Equity Securities

Master equity fundamentals like common vs. preferred shares.

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5

Company Analysis

Learn analytical frameworks for comprehensive company research.

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6

Industry & Competitive Analysis

Apply Porter's Five Forces and conduct industry surveys.

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7

Competitive Strategy Analysis

Dive into competitive positioning and strategic frameworks.

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8

Equity Valuation

Master valuation techniques like DCF and multiplier models.

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