A clear and practical guide to investment by internationally renowned economist John Kay.
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.
About the Author
John Kay is 'both a first-class economist and an excellent writer' (Financial Times). He is a visiting professor at the London School of Economics, a Fellow of St John's College, Oxford and director of several public companies. He contributes a weekly column to the Financial Times. He chaired the UK government review of Equity Markets which reported in 2012 recommending substantial reforms. He is the author of many books including Obliquity  and Other People's Money  both published by Profile Books.
To manage your money well means that you should understand a few key principles. John Kay explains all that you need to understand. -- Mervyn King, ex-Governor of the Bank of England Mr Kay is a brilliant writer. Wall Street Journal John Kay is one of the most engaging and accessible writers on economics in Britain today Morning Star Not only is it a highly enjoyable read, but this is one of the most useful and original books on investment I have ever seen. I cannot recommend this book highly enough, both for seasoned investors seeking wisdom and for those at a much earlier stage. -- Martin White, board member and ex-chairman, UK Shareholders' Association An admirable debunker of myths and false beliefs - Kay can see substantial things others don't. -- Nassim N Taleb, author of The Black Swan
Number Of Pages: 256
Published: 3rd January 2017
Publisher: Profile Books Ltd
Country of Publication: GB
Dimensions (cm): 19.8 x 12.9 x 1.8
Weight (kg): 0.23