000			02334nam a22002537a 4500
999			_c1596 _d1596
005			20220325112708.0
008			220222b ||||| |||| 00| 0 eng d
020			_a9781846682391
082			_a332.6 _bSTA
100			_aStanyer, Peter _94531
245			_aGuide to investment strategy: how to understand markets, risk, rewards and behaviour
250			_a2nd
260			_bProfile Books Ltd _aLondon _c2010
300			_axxii, 282 p.
365			_aINR _b395.00
520			_aThe first edition of The Economist Guide to Investment Strategy explained the fundamentals of investment risk, how to put together "keep-it-simple" investment strategies, and the need to guard against our own behavior leading to dreadful investment mistakes. The global crisis that erupted in 2008 exposed the flaws in many more complicated investment strategies. The second edition starts with a new section on financial fraud and how investors can help to protect themselves against this "hearty perennial." It also includes a new section on risk profiling and discusses the role of risk tolerance questionnaires. In Chapter 3 data are provided pointing to underperformance of equities between 1978 and 2008. Against this background, there is a new Chapter 4--"Which should we do: buy-and-hold or time markets?" Chapter 5, which discusses the design of short-term and long-term strategies, includes a new section--"How safe is cash?"--and the discussion of bond ladders is extended to reflect issues of bond selection in the light of corporate credit risk and the financial difficulties of some US municipal authorities. Part 2 has been updated extensively to reflect developments in the past four years and the impact of the financial crisis on credit instruments, hedge funds, private equity, and real estate. The book concludes with a new chapter on investing in art and collectibles. It explores the argument that art prices "float aimlessly," discusses financial investment in art, and provides some reasons for expecting that a portfolio of art might perform well in the future.
650			_aInvestments _91165
650			_aSaving and investment _95488
650			_aPortfolio management _9193
650			_aInvestment analysis _9194
650			_aBusiness enterprises--Finance _9200
650			_aEconomics _9722
942			_2ddc _cBK