Financial Times Guide to Investing, The
Description
'The most damaging half truth for savers is "performance matters more than expenses". Read this book carefully and the financial services industry will have one fewer easy victim, but you will have a sound base for a lifetime of successful investment.'
Martin White, Chair of UK Shareholders Association
This is one of those great big books to buy and then tuck away for constant reference. It's a tour through everything from managing a portfolio to establishing a fair intrinsic value for a share. If it moves in the world of investing, it's probably here.'
David Stevenson, 'Adventurous Investor' in the Financial Times
' Informative and easy to read, Glen Arnold has produced arguably the most comprehensive book there is today on stock market investing and one that unquestionably will give an edge to any retail investor. This is a must read for anyone serious about investing.'
Simon Thompson, Companies Editor, Investors Chronicle
AN UPDATED VERSION OF THE BESTSELLING INVESTING BOOK IN THE UK
The Financial Times Guide to Investing is the definitive introduction to the art of successful stock market investing by debunking the myth that investing is only for the wealthy.
Bestselling author Glen Arnold covers the basics of what investors do and why companies need them, through to the practicalities of buying and selling shares and how to make the most from your money. Learn how to understand different types of investment vehicles, pick the right companies and understand their accounts so you can compile and manage a sophisticated portfolio.
The fourth edition of this investing classic has been thoroughly updated and will give you everything you need to choose your shares with skill and confidence.
New for this edition:
- Updated insights into the inner workings of stock markets, new accounting rules and dangers to watch out for when looking for investment gems
- Recent Financial Times articles, and the latest statistics to illustrate and expand on case studies and examples
- Detailed updates of changes to tax rules and rates
Reviews / Votes
'The most damaging half truth for savers is "performance matters more than expenses". Read this book carefully and the financial services industry will have one fewer easy victim, but you will have a sound base for a lifetime of successful investment.' Martin White, Chair of UK Shareholders Association'This is one of those great big books to buy and then tuck away for constant reference. It's a tour through everything from managing a portfolio to establishing a fair intrinsic value for a share. If it moves in the world of investing, it's probably here.' David Stevenson, 'Adventurous Investor' in the Financial Times
'Informative and easy to read, Glen Arnold has produced arguably the most comprehensive book there is today on stock market investing and one that unquestionably will give an edge to any retail investor. This is a must read for anyone serious about investing.' Simon Thompson, Companies Editor, Investors Chronicle
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Person
Glen Arnold, PhD, runs his own equity portfolio from the heart of rural Leicestershire. He used to teach in the City and was a Professor of Investment but concluded that academic life was not nearly as much fun, nor as intellectually stimulating, as making money in the markets. For decades, his research focus explored the question: 'What works in investment?' drawing on the ideas of the great investors, academic discoveries and his own experience, good and bad.
As well as being author of the UK's number 1 investment book, The Financial Times Guide to Investing , he wrote the investing classics, The Great Investors , The Financial Times Guide to Value Investing, Get Started In Shares, and The Deals of Warren Buffett . He has also written several market-leading university textbooks including Corporate Financial Management, as well as the best-selling book on banking, The Financial Times Guide to Banking .
Content
- 1 What is investment?
- 2 The rewards of investment
- 3 Stock markets
- 4 Buying and selling shares
- 5 Pooled investments
- 6 Bonds
- 7 Unusual share investment
- 8 Derivatives and options
- 9 Futures
- 10 Spread betting, contracts for difference and warrants
- 11 Company accounts
- 12 Key investment ratios and measures
- 13 Tricks of the accounting trade
- 14 Analysing industries
- 15 The competitive position of the firm
- 16 Companies issuing shares
- 17 Taxation and investors
- 18 Mergers and takeovers
- 19 Investor protection
- 20 Measuring performance: indices and risk
- 21 Investment clubs
- Glossary