The classic guide for the individual investor,The Economist Guide to Investment Strategysets out the basic - and the not-so-basic - principles for putting yourwealth to work. It looks at risk,pointing out the hazards for thosewho wish to explore a variety of investment approaches. It also teachesthe importance of sophisticated self-knowledge in finance,distillinginsights from behavioural analysis as well as the principles oftraditional finance. It highlights how habitual patterns ofdecision-making can lead any of us into costly mistakes,and it stresseshow markets are most dangerous when they appear to be most rewarding.This fourth edition includes new material on private investment andnon-standard asset classes - art,wine,collectibles and the like - helping readersto navigate those areas in which prudence meets passion.
Publisher: Profile Books LtdISBN: 9781781259153Number of pages: 352Weight: 440 gDimensions: 214 x 134 x 28 mmEdition: Main
MEDIA REVIEWSSuccessfully translates sophisticated academic thinking into simple,intuitive principles that can be used by both individual andinstitutional investors. These principles are all the more valuable asStanyer applies them to the full range of asset classes and investmentstrategies available today.A book that provides welcome light and insight in a world in which theglobal financial crisis has highlighted the importance of financialeducation and literacy.
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