In this book, the author draws from finance, psychology, economics, and other disciplines in business and the social sciences, recognising that personal finance and investments are subjects of study in their own right rather than merely branches of another discipline.
Considerable attention is given to topics which are either ignored or given very little attention in other texts. These include:
the psychology of investment decision-making
stock market bubbles and crashes
property investment
the use of derivatives in investment management
regulation of investments business.
More traditional subject areas are also thoroughly covered, including:
investment analysis
portfolio management
capital market theory
market efficiency
international investing
bond markets
institutional investments
option pricing
macroeconomics
the interpretation of company accounts.
Packed with over one hundred exercises, examples and exhibits and a helpful glossary of key terms, this book helps readers grasp the relevant principles of money management. It avoids non-essential mathematics and provides a novel new approach to the study of personal finance and investments.
This book will be essential for students and researchers engaged with personal finance, investments, behavioural finance, financial derivatives and financial economics.
This book also comes with a supporting website that includes two updated chapters, a new article featuring a behavioural model of the dot com, further exercises, a full glossary and a regularly updated blog from the author.