The Economist Guide To Investment Strategy 4th Edition
How to understand markets, risk, rewards and behaviour
4th Edition
Published on 26. April 2018
Book
Paperback/Softback
352 pages
978-1-78125-915-3 (ISBN)
Description
The classic guide for the individual investor, The Economist Guide to Investment Strategy sets out the basic - and the not-so-basic - principles for putting your wealth to work. It looks at risk, pointing out the hazards for those who wish to explore a variety of investment approaches. It also teaches the importance of sophisticated self-knowledge in finance, distilling insights from behavioural analysis as well as the principles of traditional finance. It highlights how habitual patterns of decision-making can lead any of us into costly mistakes, and it stresses how markets are most dangerous when they appear to be most rewarding.
This fourth edition includes new material on private investment and non-standard asset classes - art, wine, collectibles and the like - helping readers to navigate those areas in which prudence meets passion.
This fourth edition includes new material on private investment and non-standard asset classes - art, wine, collectibles and the like - helping readers to navigate those areas in which prudence meets passion.
Reviews / Votes
Successfully translates sophisticated academic thinking into simple, intuitive principles that can be used by both individual and institutional investors. These principles are all the more valuable as Stanyer applies them to the full range of asset classes and investment strategies available today. -- John Campbell * Professor of Economics, Harvard University * A book that provides welcome light and insight in a world in which the global financial crisis has highlighted the importance of financial education and literacy. -- Steve Satchell * Fellow, Trinity College Cambridge *More details
Edition
Main
Language
English
Place of publication
London
United Kingdom
Publishing group
Profile Books Ltd
Target group
College/higher education
Professional and scholarly
Edition type
Revised edition
Product notice
Paperback (UK-trade)
Illustrations
Charts and diagrams throughtout
Dimensions
Height: 216 mm
Width: 134 mm
Thickness: 30 mm
Weight
340 gr
ISBN-13
978-1-78125-915-3 (9781781259153)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Peter Stanyer is an independent investment economist. He advises a UK private wealth manager, has served on the investment committees of a several large UK pension funds and has worked with a variety of other institutional investors. He was previously chief investment officer of a US-based wealth management firm, a managing director at Merrill Lynch and investment director of the UK's Railways Pension Fund. He has also worked as an economist for the Bank of England and the IMF, and when at Cambridge University he won the Adam Smith prize for economics.
Stephen Satchell is Economics Fellow at Trinity College Cambridge, and is a Professor at the University of Sydney. He is The Reader in Financial Econometrics(Emeritus) at Cambridge University, and is an Honorary Member of the Institute of Actuaries. He is an academic advisor to numerous financial institutions.
Stephen Satchell is Economics Fellow at Trinity College Cambridge, and is a Professor at the University of Sydney. He is The Reader in Financial Econometrics(Emeritus) at Cambridge University, and is an Honorary Member of the Institute of Actuaries. He is an academic advisor to numerous financial institutions.