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Guide to Investment Strategy (Economist Books) - Softcover

 
9781610399791: Guide to Investment Strategy (Economist Books)
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Now in its fourth edition, this classic guide to investment strategy has been revised to give up-to-date ideas on pensions, investments of passion and more.
Peter Stanyer and Stephen Satchell's Guide to Investment Strategy looks at the risks and opportunities of uncomplicated strategies and comes with wealth warnings for those who wish to explore more sophisticated approaches. It explains the importance of insights from behavioral analysis, the principles of traditional finance, and highlights how habitual patterns of decision-making can lead any of us into costly mistakes. After all, markets are most dangerous when most rewarding.

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From the Back Cover:

"The first edition of Peter Stanyer's Guide to Investment Strategy stressed the advantages of 'keep-it-simple' strategies and the need for investors to start by 'knowing themselves'. Both proved critically important in the years that immediately followed. The second edition provides an astute and accessible analysis of how the different markets fared in the credit crunch and of both simple and more complicated strategies for investors."
Jeremy Marshall, CEO, C.Hoare and Co

"The first edition of this guide was both timely and prescient, and I am sure the second edition will prove equally so. I especially enjoyed the new chapter on investing in art and collectibles and reflected that victims of recent high-profile Ponzi schemes would have done well to have read the section on trusting your adviser."
Dr Steve Satchell, Reader of Financial Econometrics, Cambridge University, and Fellow, Trinity College, Cambridge

On the first edition

"An excellent guide to investment strategy, summarising the latest thinking in a concise, readable format."
John Campbell, Professor of Economics, Harvard University

"Excellent ... written in a highly accessible fashion ... takes full account of behavioural finance findings in addition to traditional finance."
Thomas Sowanick, Co-President and Chief Investment Officer of Omnivest Group LLC

"Will server trustees, investment managers and high net worth investors well in their quest for solid investment results at sensible risks."
Robert D. Arnott, Chairman, Research Affiliates, LLC

About the Author:
Peter Stanyer is an independent investment economist, and advises a UK private wealth manager. 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.

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  • PublisherThe Economist
  • Publication date2018
  • ISBN 10 161039979X
  • ISBN 13 9781610399791
  • BindingPaperback
  • Edition number4
  • Number of pages352
  • Rating

Other Popular Editions of the Same Title

9781576603420: Guide to Investment Strategy: How to Understand Markets, Risk, Rewards and Behaviour

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ISBN 10:  1576603423 ISBN 13:  9781576603420
Publisher: Bloomberg Press, 2010
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  • 9781861978516: Guide to Investment Strategy: How to Understand Markets, Risk, Rewards and Behaviour

    Profil..., 2006
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