“This marvelous book is thorough, rigorous, and comprehensible, an unusual combination.  It is an indispensable reference for both practitioners and those interested in the investment management arena.  It deserves to be on the bookshelf of every serious investor.  David Linton has beaten the market of investment books!”

—William H. Miller III, Founder of Miller Value Partners, and Former Chairman and CIO of Legg Mason Capital Management

“Linton’s Foundations of Investment Management appeals to investment practitioners by blending a career of practical experience with crisp, clear academic analysis of capital markets, their actors, and motivations.  David fills in the far-too-common gap between a university education and industry experience with an eminently logical breakdown of key centers of investment knowledge, helpfully focusing on investment implications throughout.  The result is required reading for those seeking an entertaining and informative guide to investment management.”

– Todd Jablonski, CFA, Chief Investment Officer, Principal Portfolio Strategies

“David Linton successfully tackles the ambitious task of providing an all-in handbook for newly minted finance professionals.  The resulting volume offers extensive coverage of the theory and practice of finance, but it also avoids getting bogged down in extraneous details.  Linton’s remarkable command of the material makes the exposition remarkably clear and, when mixed with some lively anecdotes, even entertaining.  I am confident that Linton’s book will serve in the years ahead as an essential guide for folks who are new to the industry, as well as for those who have labored on trading floors longer than they might care to admit.”

— Nathan Sheets, former Under Secretary of the U.S. Treasury for International Affairs and Director of International Finance at the Federal Reserve Board

“David Linton is the epitome of a scholar practitioner:  he understands the theory, the real world, and how the two interact.   Foundations of Investment Management is a comprehensive examination of the process of investing covering the key investment instruments, the markets they trade in, and their role in portfolio construction.  Although detailed, it is written in a style that is accessible to non-professionals.  Experienced investors will also benefit from insights on the interrelationships between macro-economics, regulators and markets and how the keen mind of an experienced investor thinks.  This book will benefit anyone looking to improve their knowledge of, and skill at, investing.”

— Stephen G. Moyer, CFA, Adjunct Professor, University of Southern California, Author of Distressed Debt Analysis

“David has written a comprehensive guide to the investment management industry that clearly and concisely covers the key players, asset classes and strategies. This is a well-written and easily digestible book for both novices and experts. In fact, it should be required reading for anyone considering a career in investment management. The book covers key concepts with simplicity and depth; the use of personal anecdotes, historical context and interesting trivia bring real-world considerations and implications faced by professional investors every day to life.”

– Adam Petryk, President & CEO of QS Investors

“This book gives the reader an essential inside look at the investment industry from someone who I have had the pleasure working with ‘in the trenches.’  It’s an accurate, timely, and very readable account of how different pieces of the financial markets, policy making, and investment community hang together to create today’s market ecosystem.  Even more importantly the book brings vividly to life the individuals, companies and policy makers who are behind some of the most important and consequential decisions that will impact our investment future.”

– Vineer Bhansali, PhD., Founder and CIO, LongTail Alpha, LLC.  Former Managing Director and Head of Quantitative Portfolios, PIMCO.

“Foundations of Investment Management is a valuable resource for investment professionals and enthusiasts. Investment professional and author David Linton reviews decades of academic research and communicates it in an unusually clear, and easy-to-read fashion.  The book successfully integrates the evolution of investment theory with trends in the investment management industry. The personal and historical anecdotes sprinkled throughout the book enliven topics that are often presented in a less entertaining fashion.   The book is conveniently structured making it an efficient reference guide for any investor.”

– Dmitry Khaykin and Bob Feitler, Managing Directors and Portfolio Managers at ClearBridge Investments.

“Foundations of Investment Management is a must read for anyone interested in pursuing a career in the capital markets.  David inton’s thoughtful approach bridges the gap between academic principals and real-life applications, making this an enjoyable, yet educational overview of the financial markets.” 

— Kevin Holt, CIO US Value Equities and Lead Portfolio Management, Invesco

“David straddles the theoretical concepts of finance into practical investment material. In the current environment of low interest rates and record high equity markets, David's framework provides a useful guide to navigate the treacherous financial waters of passive and active portfolio management.”

— Ben Emons, Managing Director, Medley Global Advisors, Author of Mastering Stocks and Bonds, The Financial Domino Effect, and The End of the Risk-Free Rate

“Foundations of Investment Management is an ideal balance of breadth and depth; it covers all the critical areas in which a successful asset manager must be proficient while not burying practitioners in technical details. Additionally, reader-friendly anecdotes highlight and simplify complicated principles and each chapter closes with investment implications that ensure the content is actionable. This book is perfect for both seasoned professionals as well as students of the investment management industry, and it is a must read for onboarding investment professionals entering the industry.”

—Bob Greer, Scholar in Residence, J.P. Morgan Center for Commodities at the University of Colorado Denver Business School and Senior Advisor at Core Commodity Management, Author of Intelligent Commodity Investing

“David’s undeniable brilliance and experience competing in the arena are showcased in this highly instructive yet very practical guide to investments. In today’s highly complex web of information and rapidly expanding investment opportunities, David provides a fun meaningful context to bring together both instruments and applications. Immediately readers will find a refreshing blend of basics, practical applications and storied context which together provide a foundation for deeper understanding and application of sophisticated investment concepts. Every true practitioner, from novice to expert, will benefit from this enjoyable easy to read magical carpet ride across the exciting world landscape of investment knowledge.”

—Doug Trevallion, CFA, Head of Global Securitized Products and Liquid Markets, Barings

“Foundations of Investment Management is an unparalleled volume that sets its foundation from well-researched finance principles, but mixes in rich on-the-ground principles from leading practitioners. This book brings in the best of both worlds. The end result is a one-stop shop of investment knowledge. You can save money and space on your book shelf by having this one volume replace other texts. This is the new go-to book for students, academics, and seasoned professionals.”

—Dominic Garcia, Chief Investment Officer, New Mexico PERA

“David Linton has compiled a very thorough guidebook to the Asset Management business in Foundations of Investment Management. He offers a an extremely user-friendly overview for new investment professionals, those interested in pursuing an investment career or seasoned professionals who want to better understand how capital markets operate. The book is laid out logically and each chapter stands on its own. Readers will appreciate the friendly and fun approach that David takes to effectively articulate complex subjects.”

— Michael Skillman, Chief Executive Officer at Cadence Capital Management

“If you want an introduction to Investment Management or broaden your knowledge, David Linton’s book, Foundations of Investment Management is an excellent place to start.  The book is both entertaining and informative.  David has a very down-to-earth style to simplify complicated subjects and cover basic concepts.  David Linton has presented a comprehensive view of multitude of topics using first-hand insights and real-life events.  This book gives historical perspective and brings you up-to-speed to today.”

— Mani Govil, Managing Director, Head of the Main Street Team at Invesco

“Foundations” provides a great starting point for young professionals looking to understand both the breadth and details of investing.  David does a wonderful job blending a practitioner’s application with academic theory.  The stories are thoughtful and bring to life so many things we hear in the financial press.  Having been in the investment industry for over 20 years, resources such as this are hard to find and much needed.

— Dominic Nolan, Senior Managing Director at Pacific Asset Management

“Foundations provides not only an excellent introduction to the field of investment management, but it also, perhaps more importantly, provides context on how to make this information actionable in a way that few books do (or try).  The “now what” is something this book constantly seeks to address… how do you take this new knowledge and frame it in a way that will help you generate alpha, however you define it.  The more time you spend reading books like this one the better prepared you’ll be for whatever the future holds.”

— David Blanchett, PhD, CFA, CFP, Head of Retirement Research at Morningstar Investment Management LLC