The Long and the Short of It (International edition)

A guide to finance and investment for normally intelligent people who aren’t in the industry

Author: John Kay

Publisher: Profile Books

ISBN: 1782832696

Category: Business & Economics

Page: 166

View: 6614

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The follies of finance have threatened the stability of the global economy, and the world of finance has become increasingly complex and sophisticated, but also greedy, cynical and self-interested. The Long and the Short of It provides a guide to the complexities of modern finance and explains how to put your finances in the only hands you can confidently trust - your own. In this new, wholly updated edition of The Long and the Short of It, you will learn everything you need to be your own investment manager. You will recognise your investment options, the institutions that try to sell them, and how to distinguish between fact and fiction in what companies say. You will discover the principles of sound investment and the research that supports these principles. Crucially, you will learn a practical investment strategy and how to implement it. Leading economist and hugely successful investor John Kay uses his academic credentials and practical experience to lay out the key principles of investment with characteristic clarity and dry humour. This is the only book about finance and investment anyone needs, and the one book they must have.
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The Long and the Short of It

A guide to finance and investment for normally intelligent people who aren't in the industry

Author: John Kay

Publisher: Profile Books

ISBN: 1782832688

Category: Business & Economics

Page: 183

View: 6466

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This book provides a guide to the complexities of modern finance. It describes the basics of investment and the sophisticated innovations of the modern financial system. It explains how the follies of finance have threatened the stability of the world economy, and describes an environment that is complex and sophisticated, but greedy, cynical and self-interested. This book explains how to put your finances in the only hands you can confidently trust - your own. Readers will learn everything they need to be their own investment manager. They will recognise their investment options, the institutions that try to sell them, and how to distinguish between fact and fiction in what companies say. They will discover the principles of sound investment and the research that supports these principles. Crucially, they will learn a practical investment strategy and how to implement it. Leading economist and hugely successful investor John Kay uses his academic credentials and practical experience to lay out the key principles of investment with characteristic clarity and dry humour. This is the only book about finance and investment anyone needs, and the one book they must have.
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What Caused the Financial Crisis

Author: Jeffrey Friedman

Publisher: University of Pennsylvania Press

ISBN: 9780812204933

Category: Business & Economics

Page: 376

View: 6529

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The deflation of the subprime mortgage bubble in 2006-7 is widely agreed to have been the immediate cause of the collapse of the financial sector in 2008. Consequently, one might think that uncovering the origins of subprime lending would make the root causes of the crisis obvious. That is essentially where public debate about the causes of the crisis began—and ended—in the month following the bankruptcy of Lehman Brothers and the 502-point fall in the Dow Jones Industrial Average in mid-September 2008. However, the subprime housing bubble is just one piece of the puzzle. Asset bubbles inflate and burst frequently, but severe worldwide recessions are rare. What was different this time? In What Caused the Financial Crisis leading economists and scholars delve into the major causes of the worst financial collapse since the Great Depression and, together, present a comprehensive picture of the factors that led to it. One essay examines the role of government regulation in expanding home ownership through mortgage subsidies for impoverished borrowers, encouraging the subprime housing bubble. Another explores how banks were able to securitize mortgages by manipulating criteria used for bond ratings. How this led to inaccurate risk assessments that could not be covered by sufficient capital reserves mandated under the Basel accords is made clear in a third essay. Other essays identify monetary policy in the United States and Europe, corporate pay structures, credit-default swaps, banks' leverage, and financial deregulation as possible causes of the crisis. With contributions from Richard A. Posner, Vernon L. Smith, Joseph E. Stiglitz, and John B. Taylor, among others, What Caused the Financial Crisis provides a cogent, comprehensive, and credible explanation of why the crisis happened. It will be an essential resource for scholars and students of finance, economics, history, law, political science, and sociology, as well as others interested in the financial crisis and the nature of modern capitalism and regulation.
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Taming the Pound

Author: Kim Stephenson

Publisher: Troubador Publishing Ltd

ISBN: 1848767528

Category: Business & Economics

Page: 384

View: 8737

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Taming the Pound tells you everything you always wanted to know about handling your money. The book is designed to help you gain control of your money, instead of it controlling you. Whether you want to be able to talk about money with your partner, determine what you really want from your money, understand your spending habits or simply get a sense of financial control, Taming the Pound is a must read for creating success in life and work during the post credit crunch years. Using his unique experience as a qualified financial advisor, chartered and registered occupational psychologist, and qualified coach, author Kim Stephenson uses his consultancy experience to help people who want to get rid of their money worries and enjoy their lives. Using straightforward language, humour, cartoons and mixing current research with experience and anecdote, Taming the Pound provides the ultimate what you need to know guide for the person who does not have knowledge of, or interest in, complex finance. It explains both the real workings of the marketplace and the social and psychological influences at work on you when it comes to finances. So how do you make sensible decisions about finances and make money work for you? Read this practical, inspirational book, and then lend it to your bank manager! Kim Stephenson is unique, he s qualified and has practiced as both a psychologist and financial advisor. An accredited coach with over 25 years' consultancy experience, his website www.tamingthepound.com helps people handle money. He s appeared in The Guardian and FT, Financial Solutions, Therapy Today and on BBC radio stations and at numerous conferences.
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Expected Returns

An Investor's Guide to Harvesting Market Rewards

Author: Antti Ilmanen

Publisher: John Wiley & Sons

ISBN: 9781119990772

Category: Business & Economics

Page: 352

View: 6792

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This comprehensive reference delivers a toolkit for harvesting market rewards from a wide range of investments. Written by a world-renowned industry expert, the reference discusses how to forecast returns under different parameters. Expected returns of major asset classes, investment strategies, and the effects of underlying risk factors such as growth, inflation, liquidity, and different risk perspectives, are also explained. Judging expected returns requires balancing historical returns with both theoretical considerations and current market conditions. Expected Returns provides extensive empirical evidence, surveys of risk-based and behavioral theories, and practical insights.
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Competing for the Future

Author: Gary Hamel,C. K. Prahalad

Publisher: Harvard Business Press

ISBN: 1422131807

Category: Business & Economics

Page: 384

View: 6087

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New competitive realities have ruptured industry boundaries, overthrown much of standard management practice, and rendered conventional models of strategy and growth obsolete. In their stead have come the powerful ideas and methodologies of Gary Hamel and C.K. Prahalad, whose much-revered thinking has already engendered a new language of strategy. In this book, they develop a coherent model for how today's executives can identify and accomplish no less than heroic goals in tomorrow's marketplace. Their masterful blueprint addresses how executives can ease the tension between competing today and clearing a path toward leadership in the future.
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