Everything you need to know about the world of investment - most accessibly presented and attractively packaged.
Replacing the long-running pocket series, this new 'Economist Essential A-Z' series is launched in a strikingly attractive paperback format.
Following an introduction on the roller coaster ride the stock market has taken over the past decade and the implications it has for businesses, private investors and people's pensions, the bulk of the book is a much expanded A-Z with several hundred entries that explain with the essentials of the investment world - as well as some of its more arcane aspects.
Entries include: Advance-decline line, Arbitrage, , Bear squeeze, Black-Scholes option pricing model, Bottom fishing, Capital asset pricing model, Chartist, Covariance, Dead cat bounce, Dow theory, Efficient frontier, Equity risk premium, Fibonacci numbers, Floating rate note, Futures, Gann theory, Golden cross, Grey market, Hedge ratio, Indifference curve, Internal rate of return, Japanese candlesticks, Kondratief cycle, LIFFE, Mark to market, Noise trader, Odd-lot theory, On-the-run bond, Portfolio theory, Price-to-book ratio, Qualitative analysis, Random walk, Rule of twenty, Security analysis, Straddle, Tobin's Q, Trading collar, Unsystematic risk, Vanilla, Volatility, Warrant, Yield gap, Zero coupon bond.