Peter Stanyer Book order

A new guide to personal investment for the era of cryptocurrencies and personal trading platforms

The classic guide to wealth planning, updated for 2018.

A fully updated and extensively revised new edition: how to understand markets, risk, rewards and behaviour.

The global financial crisis that erupted in 2008 exposed the flaws in many investment strategies. This book explores the controversies that surround the management of wealth and provides guidance on how to construct investment strategies that are appropriate for each investor. With its detailed analysis, supported by data and anecdotes, it is above all a practical guide. It shows how the insights of behavioural analysis are widely reflected in investor behaviour, while emphasising the importance of basing investment strategy on the principles of traditional finance. And it takes into account new research into behavioural and traditional finance which has created new understandings of what investors want to achieve and explores investors' customary mistakes.

The book explores the controversies that surround the management of wealth and provides guidance on how to construct investment strategies that are appropriate for each investor. With its detailed analysis, supported by data and anecdotes drawn from investment experiences, it is intended above all to be a practical guide. It shows how the insights of behavioural analysis are widely reflected in investor behaviour. It also emphasises the importance of basing recommendations for investment strategy on the principles of traditional finance. And it takes into account new research into behavioural and traditional finance which has created new understandings of what investors want to achieve and investors' customary mistakes. Part one considers the basics of investor objectives, behaviour, risk and investment allocation in terms of stocks, bonds and cash. Part two considers the things on which investors, their advisers and investment managers spend most of their time - the choice of money manager, bonds, equities, hedge fund strategies, private equity and real estate.

The projects in this superb teaching guide not only offer enjoyable drawing exercises, but are also designed to instill good working methods to benefit artists of all levels.