Unclear and poorly written
In reading this book, I was struck at how complicated the explanations are for what should be relatively simple concepts. The text is often abstract when describing quite concrete subjects. The flow of ideas frequently jumps from one topic to the other, which made it frustrating to read. Finally, the summaries at the end of each chapter are brief at best; it is difficult to go back to a chapter and quickly extract the key points.Like many of us, I am stuck with the book since it is part of the CFA I curriculum. Surely there is a better financial analysis book out there.