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The Management of Equity Investments
Contributor(s): Chorafas, Dimitris N. (Author)
ISBN: 0750664568     ISBN-13: 9780750664561
Publisher: Butterworth-Heinemann
OUR PRICE:   $140.80  
Product Type: Hardcover - Other Formats
Published: January 2005
* Not available - Not in print at this time *Annotation: Based on the author's extensive research project conducted in 2003 and 2004 in the United States, England, Germany, France, Italy, and Switzerland, this book outlines the way capital markets work, equity research is done and the risks associated to biases.
Additional Information
BISAC Categories:
- Business & Economics | Investments & Securities - General
- Business & Economics | Banks & Banking
- Business & Economics | Personal Finance - Money Management
Dewey: 332.6
Physical Information: 1.1" H x 6.82" W x 9.56" (1.82 lbs) 432 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
The Management of Investments is based on an extensive research project done by the author in 2003 and 2004, in the United States, England, Germany, France, Italy and Switzerland.

The author outlines the rules behind the able management of investments by private individuals, banks, and institutional investors. These rules are examined within the perspective of each entity's goals and challenges.

Based on research results and on his own experience, the author demonstrates that shareholder value is usually being paid lip service. As far as investment results are concerned, there are serious risks associated to leveraging, near-sighted management, obsolescence of skills and dubious deals.

But there are also investment rules which, when observed, help in avoiding the slippery path which ends with investors losing their capital. To help in explaining these rules, the book outlines the way capital markets work, equity research is done, and risks associated to biases. It also pays attention to forces propelling economic growth - or downturn.

Growth is usually dictated by the customer, but the customer is influenced by market psychology, liquidity, volatility, and prospects of the product or financial instrument he contemplates to buy. Case studies on instruments in the book examine equities, interest rates and exchange rates. The text also analyzes the role played by hedge funds and their strategies, as well as risks associated to alternative investments.