Investment and securities Books

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Book SynopsisExplores the gross inequality that has grown between individual and professional investors over the years, highlighting the vast information gap that favors professionals over amateurs, and the superwealthy over the rest of us.Trade Review"'Circle of Friends' is an insightful recap of how we got to the place where insider trading became the favorite target of regulators, and is a good guide on where it all goes from here as investigators continue to pursue SAC Capital Advisor's Steven A. Cohen." -- New York Post "Circle of Friends reads like a page-turning thriller." -- Connecticut Post

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Book SynopsisTable of ContentsPart I 1. Overview of Investment Banking 2. Regulation of the Securities Industry 3. Financings 4. Mergers and Acquisitions 5. Trading 6. Asset Management, Wealth Management and Research 7. Exchanges, Clearing and Settlement and Credit Rating Agencies 8. International Banking 9. Convertible Securities and Innovation 10. Investment Banking Careers, Opportunities and Issues Part II 11. Overview of Hedge Funds 12. Hedge Fund Investment Strategies 13. Shareholder Activism and Impact on Corporations 14. Risk, Regulation and Organizational Structure 15. Hedge Fund Performance and Issues 16. Overview of Private Equity 17. LBO Financial Model 18. Private Equity Impact on Corporations 19. Organization, Compensation, Regulation and Limited Partners 20. Private Equity Issues and Opportunities 21. Private Equity in China Cases 1. Investment Banking in 2008 (A): Rise and Fall of the Bear 2. Investment Banking in 2008 (B): A Brave New World 3. Freeport-McMoran: Financing an Acquisition 4. The Best Deal Gillette Could Get?: Procter & Gamble’s Acquisition of Gillette 5. A Tale of Two Hedge Funds: Magnetar and Peloton 6. Kmart, Sears and ESL: How a Hedge Fund Became One of the World’s Largest Retailers 7. McDonald’s, Wendy’s and Hedge Funds-Hamburger Hedging?: Hedge Fund Activisim 8. Porsche, Volkswagen and CSX: Cars, Trains and Derivatives 9. The Toys "R" Us LBO 10. Cerberus and the U.S. Auto Industry 11. H.J. Heinz M&A Transaction 12. Quintilles IPO Transaction 13. New Case on M&A Transaction Litigation

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a huge range and FREE tracked UK delivery on ALL orders.

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Book SynopsisA clear overview of the Islamic asset management market placeTrade ReviewA look at the Table of Contents of this book gives an idea of its scope and comprehensiveness. Its appearance among the finance literature marks the fact that Islamic asset management, along with Islamic finance in general, is moving from a niche status to be part of the mainstream, albeit with its own specificities. Those who read this highly informative book, written by an acknowledged industry professional, will acquire a clear insight into Islamic asset management and the opportunities it offers to both investors and asset managers. -- Simon Archer, MA PhD FCA FRSA, Visiting Professor, ICMA Centre, Henley Business School, University of Reading A look at the Table of Contents of this book gives an idea of its scope and comprehensiveness. Its appearance among the finance literature marks the fact that Islamic asset management, along with Islamic finance in general, is moving from a niche status to be part of the mainstream, albeit with its own specificities. Those who read this highly informative book, written by an acknowledged industry professional, will acquire a clear insight into Islamic asset management and the opportunities it offers to both investors and asset managers.Table of ContentsAcknowledgments List of Figures List of Boxes List of Tables Introduction 1. Characteristics of Islamic Finance 2. Contracts and Structures for Islamic Asset Management 3. The Islamic Asset Management Market Place 4. Fund Operations 5. Processing 6. Sharia'a Supervisory Board 7. Case Studies 8. Summary and Concluding Remarks Glossary Bibliography Index

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Book SynopsisA brand new edition of the classic bestsellerThe goal of all investors is to make the maximum possible profit from their investments. ''Beyond The Zulu Principle'' shows you how to do this by focusing on growth shares. Jim Slater believes he has discovered a major market anomaly that should enable both private and institutional investors to enjoy exceptional returns in the stockmarket.A number of important factors are crucial to successful investment. Jim Slater explains how to choose a company operating in the right sector with an advantage over its competitors. He also highlights the importance of directors'' dealings, CEO changes, relative strength, cash flow accelerating earnings, and the capacity of some companies to clone their activities.Simple but enormously effective, the guidance offered here should help readers to make stockmarket profits well beyond the market averages.Table of ContentsAcknowledgements Preface 2010 Preface to the 1996 Edition 1. Your Approach to Investment 2. Why Growth Shares 3. What is a Growth Share? 4. Price-Earnings Growth Factors 5. PEGS at Work 6. Cash Flow 7. Relative Strength 8. Management 9. Competitive Advantage 10. Strong Financial Position 11. Accelerating Earnings per Share 12. Other Investment Criteria 13. Your Stockbroker and You 14. Putting it all Together 15. Portfolio Management 16. Bull and Bear Markets 17. Technology Stocks 18. Cyclical Stocks 19. Recommended Reading 20. Summary Appendix Index

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Book SynopsisThis book is written for people who want to make their own investment decisions, either now or in the future, in full or in part.Table of ContentsDisclaimer Biography Preface 1. Why Buy Shares? Your financial future Are shares a good investment? Do you trust yourself or a professional? Is it feasible to invest yourself? 2. A Common Sense Approach to Investing The application of common sense Keeping it simple 3. The PE Ratio Calculating the PE Interpretation of the PE Market comparisons The Rule of 20 Conclusion 4. The Mighty PEG What is the PEG? Using the PEG PEG limitations Where to find PEG data 5. Investing for Dividends High dividend portfolios Defining the key terms The importance of re-investing dividends Dogs of the Dow - a portfolio with bite One final point - maiden dividends Conclusion 6. Diversification Asset allocation The need for balance Global diversification Sectors and stocks Your risk profile 7. Directors' Deals What are directors' deals? Not every deal is the same Following directors' dealings in practice Examples Conclusion 8. Charting the Way Three principles of technical analysis Does charting work? Case studies Trend changes History repeats itself Conclusion 9. Investing or Trading? The trading investor Volatility as a Good Thing Trading Trend trading Investors and traders play by different rules 10. Exchange Traded Funds (ETFs) Range of ETFs How ETFs can be used by investors ETC hedging and credit risk Conclusion 11. Commodities The fifth asset class How to invest in commodities Conclusion 12. Smarter Ways to Deal The types of contingent order The benefits of Advanced Deal Mechanisms Trading with ADMs What level do you set for limit and stop orders? Disadvantages of stop orders My own ADM experience 13. My Top Tips for Long-Term Investors Appendices PEs and PEGs of FTSE100 Companies Glossary Index

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Book SynopsisEffective share portfolios for the private investorRunning an efficient portfolio of shares means buying and selling the shares that make the most sense for you, and at the right time and price. Rodney Hobson, author of the bestselling Shares Made Simple, sets out how to do this without having to be a financial expert or full-time trader. Using plain language, he takes the reader simply and logically through the process, giving helpful examples and real-life case studies at every turn.In How to Build a Share Portfolio you can:- find out how to determine the right objectives for your portfolio- learn how to pick shares that fulfill your investment ambitions, and when to drop those that no longer do so- understand how best to set your portfolio''s size and ensure it is diversified against risk- discover the best ways of monitoring your portfolio, and of reducing losses and rebalancing it when necessary.Anyone who is thinking of investing, however much or however little, will benefit from the information, advice and guidance contained in this book. Similarly, those who already have a portfolio will find it helps them to stand back and reassess whether they are making the most of their money and whether their portfolio is meeting their needs.Table of ContentsPreface Introduction Part I - The Choice of Assets 1. The Range of Assets What is a portfolio? Shares Cash Gold Gilts Company bonds Property Works of art Collectibles Funds Exchange Traded Funds Summary comparison of assets Costs Mix and match Why build a properly constructed portfolio? Lessons learnt 2. The Attractions of Equities Performance Diversification Foreign stocks Lessons learnt Part II - Building a Portfolio 3. Basic Decisions Investing for income Investing for growth How many? Pounds, not numbers Sectors Weightings Over and under weight Lessons learnt 4. Top Down and Bottom Up Top down Bottom up Best of both worlds 5. Fundamentals What to look for Company analysis Lessons learnt 6. Choosing Between Cyclicals and Defensives Timing issues Visibility of earnings Cyclicals Defensives Lessons learnt 7. Investing for Dividends Where to look for dividends Dividend cuts High payers Dividends in dollars Lessons learnt 8. Investing for Capital Growth Growth companies Value investing Case Study: Dogs of the Dow Lessons learnt 9. When to Invest Bull or bear market Volatile markets Buying opportunities Pound cost averaging Lessons learnt 10. New Issues Taken on merit Pricing Book building Lessons learnt 11. When Share Prices Fall Catching falling knives Profit warnings Lessons learnt Part III - Managing Your Portfolio 12. Monitoring Your Portfolio How often to monitor Measuring performance Benefits of monitoring 13. Stop Losses and Averaging Down Stop losses Averaging down Lessons learnt 14. Adding to Existing Holdings 177 Changes in circumstances 178 Lessons learnt 180 15. Selling Existing Holdings Keeping calm Tracking news announcements Taking some profits Lessons learnt 16. Rights Issues and Placings Right issues Grandiose schemes Rights issues at or near the market price Placings and open offers Special dividends and share buybacks Lessons learnt 17. Takeovers and Demergers Takeovers Demergers Lessons learnt 18. Costs and Taxes Costs Taxes 19. An Example Portfolio Shares bought Portfolio valuation (at start) Dividends received Issues faced Lessons learnt Index

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Book SynopsisThe simplest way to make money in the stock market is to buy shares when they are cheap and make profits when their prices increase. This technique is known as value investing and is the creed of the world''s most successful investor, Warren Buffett. But how do you know when a share price is cheap?This book explains in simple terms how you can develop your own UK share and FTSE100 valuation spreadsheets to calculate share and market valuations. Comparing the valuations to current market prices reveals when shares are underpriced and produces calibrated buy and sell signals. The FTSE100 system, for example, indicates the periods when you should be invested in the FTSE100 and the periods when you should not be. Since 1984 the in-periods have produced 94 times more capital growth than the out-periods.The new valuation system is the heart of this complete practical guide for managing your own investments. It shows how you should be able to double the value of your long-term investments purely through avoiding high commercial fund management fees. Using the new valuation system should help you do a lot better than this and, for example, secure a pension up to eight times larger than that provided by commercial managers.As well as providing comprehensive information about the practical and profitable ways in which you can use the new valuation system, this book is a complete toolkit for creating personal wealth through UK equity investment. It includes risk controls, tax breaks, free information sources and recommendations on the best service providers. In short this book is your first step along the road to financial security.Table of ContentsAcknowledgements Risk and copyright warnings Preface Prologue: The Birth of My New Valuation System PART I - CRITICAL INVESTMENT CHOICES 1. Asset Selection - Choosing Equities The outperformance of other assets by equities Index-linked investments The reason for equity outperformance 2. Why You Should Manage Your Own Funds Fund management options The impact of fees on long-term fund values The underperformance of commercial funds Better returns from a smarter approach PART II - INTRODUCTION TO VALUE INVESTING 3. What Is Value Investing? The principles of value investing Origins of value investing Traditional value investing approaches and their weaknesses Value investing and growth investing 4. Other Approaches to Investing 1. Technical analysis 2. Event-based investing 5. My New Approach to Value Investing The sources of value A five-year investment period Dividends at the heart of the process The detailed steps to determine current value 6. The Superior Returns You Can Expect from Using the System Effectively The long-term returns achieved by the ShareMaestro funds Building wealth through superior, long-term compound returns What returns to expect from a share portfolio PART III - THE NEW VALUATION SYSTEM 7. A Step-By-Step Guide to Valuing the Market Input data Results The final valuation Setting up a master valuation sheet The nature of the input data The reliability of the System's FTSE100 valuations 8. Using the System's Market Valuations as Buy and Sell Signals Extreme signals The optimum buy and sell signals for the FTSE100 Validation of the buy and sell signals The importance of the FTSE100 dividend 9. A Step-By-Step Guide to Valuing Individual Shares A more difficult task than valuing the market Input data 104 Results The final valuation Setting up a master share valuation sheet 10. Testing Different Valuation Scenarios Altering inputs in the FTSE100 valuation Altering inputs in the valuation of individual shares Identifying one-way bets Value-buying rather than random-buying substantially increases your chances of success PART IV - PUTTING THE SYSTEM INTO PRACTICE 11. Medium-Risk, High-Return Strategy The principle of the strategy FTSE100 ETF Strategy Detailed track record of the strategy Trading the FTSE250 to get even greater returns 12. Running Your Own Share Portfolio Successfully 1. Time your entry to the market 2. Draw up a shortlist of shares 3. Select shares for investment 4. Limit risk 5. Set up email alerts for the shares in your portfolio 6. Review progress and take appropriate action Advantages of the share portfolio management strategy 13. Optimising Share Selection 1. Qualitative evaluation techniques 2. Quantitative evaluation techniques 14. Transforming Your Pension Prospects Introduction Why most young workers face pensions penury How to escape pensions penury Pension practicalities 15. Evaluating Fixed-Rate, Five-Year Cash Investments Basic rate taxpayers Higher rate taxpayers 16. Evaluating Structured Product Investments Example of stress-testing a structured product 17. High-Risk, Stellar Return Strategy Covered warrants FTSE100 covered warrants strategy Financial spread bet strategy A possible modification to stop losses PART V - INVESTMENT ESSENTIALS 18. Establishing Your Investment Objectives Determining and monitoring your overall investment objectives Your other investment objectives Setting your investment targets Freeing up money for investment 19. Taking Advantage of Tax Breaks Self-Invested Personal Pensions (SIPPs) Individual Savings Accounts (ISAs) Additional Voluntary Contributions (AVCs) Financial spread betting Other allowances and planning devices 20. The Best Service Providers 1. Current account 2. Instant-access interest-bearing account 3. ISA provider 4. SIPP provider 5. Online broker 6. Covered warrants 7. Financial spread betting 8. ShareMaestro 9. ShareScope 21. Key Risk Controls Manage your own funds Do not be a passive investor Use your parachute Use stop-losses Investing in individual shares Make use of tax breaks Monitor credit risk Never put all your eggs in a high-risk basket Monitor the FTSE100 dividend growth trend Epilogue Appendices Appendix 1 - Free Web Information Sources Appendix 2 - Glossary of Terms Index

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Book SynopsisThey are the world''s best - the professional investors at the head of global investment funds and the mavericks operating from behind nothing more than a laptop and a point of view; some with millions of pounds at their disposal and the fate of companies and customers'' savings hanging on their decisions, others with nothing more (or less) than their reputation and their own fortune on the line.What sets them apart from the thousands of other investors out there is their track record. The professional investors who have contributed to this book include multiple award winners, fund managers who have managed to double or triple investment returns every two years, as well as the heads and founders of firms with billions - occasionally trillions - under management and half a century of profits to which they can point.There are no better investors to learn from when making your own way in the markets, and this book is the indispensable collection of the secrets behind their success, straight from the investors themselves.Featuring the investing rules of award-winning experts in Asian, Latin American and Western markets, contrarian specialists, mutual fund managers and more, Professional Investor Rules is a compelling snapshot of some of today''s best investing minds. No investor can afford to be without it.Table of ContentsPreface Introduction by Jonathan Davis Robin Angus, Sebastian Lyon & Ian Rushbrook William Bernstein John C. Bogle John Chatfeild-Roberts Anthony Cross & Julian Fosh Marc Faber Bill Gross Yale Hirsch Paul Jourdan Ajay Kapur Max King Will Landers Paul Mumford Dean Newman Victor Niederhoffer & Laurel Kenner Robin Parbrook & Lee King Fuei Richard Penny Jacob Rees-Mogg The Rothschilds by Niall Ferguson Jim Slater First State Stewart Catherine Tan Hugh Young Tim Youngman Appendices - Books by the Professional Investors - Nigel Lawson's Investing Rules

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Book SynopsisAlthough many people consider bloody-mindedness and stubbornness as being perfect qualifications for a contrarian investor, the approach is in fact a little different than that. Yes, it requires one to act against the crowd. However, it is futile to do so without good reason. A naiÌ?ve contrarian investor pops into a pub looking for a fight and is delighted if his first opponent is Lennox Lewis. A more seasoned contrarian looks to fight only little old ladies. But looking for the right opponent in a local pub is far from straightforward - little old ladies can sometimes be veteran jujitsu champions - and detecting the easier battles in the stock market is similarly challenging. At first blush, many stocks are attractive and other appealing stocks may initially look like dogs.There is no trustworthy shortcut to separate the dogs from the delightful. The long cut is the implementation of much hard work. Hard work as in understanding a company''s business model, why other investors hate it, what positive factors they might have missed, how its balance sheet and cash flow interact, and whether its valuation is sufficiently attractive. None of that is rocket science perhaps, but that does not make it easy. The bull arguments are often well hidden and can only be discovered through meticulous work, a sceptical mindset, and deep thought.In this collection of his writings, top fund manager Alastair Mundy takes a contrarian look at a host of topics and issues, providing a range of ideas and approaches and encouraging investors to think hard about their approach to investment. This book should be essential reading for any investor - contrarian or otherwise.Table of ContentsAcknowledgements About the Author Introduction 1. You Say Tomayto: Beneath the Skin of Contrarian Investing You say tomayto Too scared to watch? Portfolio concentration - separating the good from the great The risks of structural decline - a requiem to fondue sets Mean reversion - whatever goes up probably comes down Tesco - every little helps margins revert Risk management - dinner party do's and don'ts Stretching the analogy Navel gazing Contrarian investing - cycling through the haze 2. Circles of Competence: Expertise, Luck, or Sheer Bloody-Mindedness? Circles of competence - Tony the Cabbie Expertise - keep practising Intuition - I knew that was going to happen Luck - an unlucky general Scepticism - 'Gullible? Me?' Patience - as long as it takes Errors - check the checklist 3. Fancy a Crunchie? The Relentless Quest for Value Fancy a Crunchie? Not at that price The perfect stock Falling knives I - have you lost your nerve? Falling knives II - dealing with the losers What's the catalyst? Are shorters evil? Correlations - not so simple Large cap investing - does size matter? Investing in IPOs - what's not to like? 4. A Psycho in the Boardroom? Quizzing Company Management A psycho in the boardroom? When chaff looks like wheat Accounting tricks - where's the potato? Remuneration - when's enough, enough? Cost-cutting - too good to be true? 5. Chancellor for a Day: The Perils of Economic Forecasting Chancellor for a day Economic forecasting I - what's the point? Economic forecasting II - sure thing? Deeply double dippy 6. A Night on the Town: 'Out with the Crowd' on Behavioural Finance Behavioural finance - a night on the town Framing - the benefit of the doubt? Nostalgia bias - Nostalgia's not what it used to be How many spectators does it take to trigger a Mexican Wave? Being Wrong - did I really say that? Overconfidence? No, I'm just right, I'm sure Availability bias - Thinking, Fast and Slow Risk aversion - the attraction of the uninvestable 7. Meet the Monkeys: Fund Management and Mismanagement Star fund managers - meet the monkeys Organogram chaos - specialists versus generalists Mis-selling - snake oil everywhere? Marketing - weasel words I Marketing - weasel words II Surveys - 9 out of 10 Cats 8. Colin the Contrarian: Tall Tales and Other Confessions Colin the Contrarian - a cautionary tale The 12 myths of investment - a presentation Original thinking Bye, bye Paddy Can't give up the girl Packing her in for good It's just not cricket! Kissing frogs, and five other things Postscript The Audience Fights Back Further Reading - Build Your Own Book Mountain Glossary

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Book SynopsisThis book provides straightforward quantitative strategies that any investor can implement with little work using simple, free or low-cost tools and services.But what exactly is quantitative investing?There are various possible definitions of quantitative investing, but the author defines it as:Identifying reasonable and measurable hypotheses about behaviours of the financial market so as to make investment decisions with an acceptable confidence in expected returns and risks.The main advantages in using quantitative models are that they:- make the investment process independent of opinions and emotions (the most important factor for an individual investor), and- make it reproducible by anyone at any time (the most important factor for a fund)With a set of good strategies, quantitative investing allows one to act in the market at specific pre-planned times. It is possible to work on this just once a week or month, and ignore charts and the news. It removes most of the doubts and emotions with the discipline of keeping a long-term vision and sensible money management. This book will show you how.

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Book SynopsisFinding the next major bull market sharesHave you ever wondered what the world''s largest investors rely on to make their decisions? Analysts David Fuller and Eoin Treacy count some of the world''s largest sovereign wealth funds, pension funds, traders and investors as subscribers. Their approach to measuring the rhythm of the market has been the secret weapon of alpha generators for decades. Now for the first time a book is available that sets out the approach to market analysis they employ on a daily basis at FT-Money.com using macro, behavioural, fundamental and technical cues.At the heart of this approach is a groundbreaking application of the insights of crowd psychology to financial markets, underpinned by a factual use of technical analysis. We can fall in love with our investments. No other emotion describes why it is so difficult to sell. After all, breaking up is hard to do. Greed and Fear are useful frames of reference for commentators but Love explains much more of what''s going on, and for the first time you can find out exactly how it powers (or undermines) markets - and how to make money in response.Above all, Fuller and Treacy''s approach reveals something astonishing taking place in the markets right now. We are living in one of the most exciting periods of human history: a confluence of powerful themes is setting the stage for a major secular bull market in the decade 2015 to 2025. In the meantime, interest rates will need to normalise, which is likely to provide everyone with an unmissable buying opportunity. Crowd Money closes by revealing over 125 shares ideally placed to be the global bull market stars of tomorrow.

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Book SynopsisThe long-awaited follow-up to The Way To Trade, John Piper's seminal work on trading psychology

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Book SynopsisDiary of a Currency Trader is Samuel J. Rae''s no-nonsense, full disclosure look at his approach to the retail foreign exchange markets.In the book Samuel takes you through his personal journey and how he got to where he is today followed by a step-by-step, illustrated description of the strategy he uses and the principles that underlie his approach.Having described the way he trades, Samuel then journals ninety days'' worth of market operations with full explanations as to how and why he enters each and every trade, the results he achieves and his thoughts on the markets he operates in.Fully illustrated and set out in an easy to follow format, Diary of a Currency Trader takes you into the daily operations of a retail trader to an unprecedented level of detail. If you are looking to discover what it actually means to trade forex full time, this book is for you.Table of ContentsAbout the author Preface Introduction 1. Birth of a Trader A short history lesson An obsession sparked Honing my craft 2. The Way I Trade My trading plan My trading strateg My favourite setups Market examples Psychology 3. My Trading Diary Month 1 Month 2 Month 3 4. Analysis of Diary Period 5. Conclusion Useful resources Appendix

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Book SynopsisThe investment industry is on the cusp of a major shift, from Modern Portfolio Theory (MPT) to Behavioral Finance, with Behavioral Portfolio Management (BPM) the next step in this transition. BPM focuses on how to harness the price distortions that are driven by emotional crowds and use this to create superior portfolios. Once markets and investing are viewed through the lens of behavior, and portfolios are constructed on this basis, investable opportunities become readily apparent.Mastering your emotions is critical to the process and the insights provided by Tom Howard put investors on the path to achieving this. Forty years of Behavioral Science research presents a clear picture of how individuals make decisions; there are few signs of rationality. Indeed, emotional investors sabotage their own efforts in building long-horizon wealth. When this is combined with the misconception that active management is unable to generate superior returns, the typical emotional investor leaves hundreds of thousands, if not millions, of dollars on the table during their investment lifetimes.Howard moves on to show how industry practice, with its use of the style grid, standard deviation, correlation, maximum drawdown and the Sharpe ratio, has entrenched emotion within investing. The result is that investors construct underperforming, bubble-wrapped portfolios. So if an investor masters their own emotions, they still must challenge the emotionally-based conventional wisdom pervasive throughout the industry. Tom Howard explains how to do this.Attention is then given to measureable and persistent behavioral factors. These provide investors with a new source of information that has the potential to transform how they think about portfolio management and dramatically improve performance. Behavioral factors can be used to select the best stocks, the best active managers, and the best markets in which to invest.Once the transition to behavioral finance is made, the emotional measures of MPT will quickly be forgotten and replaced with rational concepts that allow investors to successfully build long-horizon wealth. If you take portfolio construction seriously, it is essential that you make the next step forward towards Behavioral Portfolio Management.

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Book SynopsisBrings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today. This book presents a tale of Wall Street's evolution, the power of the market to generate wealth and wreak havoc, and free market capitalism's war with itself.

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Book SynopsisIdentifying stocks that are undervalued and which can be expected to produce an above average return in the future, this book teaches you how to build your own successful value investing portfolio. It explains how stock prices are determined by emotional crowds, how this leads to mispriced stocks and opportunities for the value investor.

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Book SynopsisProbably Britain's best-known shares blogger, Malcolm has traded from his armchair for nearly 30 years. He's gone through it all, from frothy bull market bubbles to crunching crashes.

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Book SynopsisRichard Farleigh reveals the 100 secret strategies that he developed to enable him to succeed in the markets.During his time running a trading desk, Farleigh set out to develop a repeatable methodology based on observation and reasoning, not just on one-off flukes and luck, to enable him to outperform the market on a regular basis.The (potentially controversial) beliefs that he incorporates into his strategies include:- Markets tend to under-react, not overreact.- Big, obvious ideas offer great opportunities.- It is safe to invest with a consensus view.- Contrarian trading is usually irrational.- It is best to enter and exit the share market at the right times instead of always staying invested.- Price trends are well known but under-utilised.- Chartists are just astrologers.- Investment and trading are increasingly similar.Some of the techniques simply involve being better than other investors at some of the basics, including only chasing genuine opportunities, managing risks and coping with losses.As his trading results started to attract some attention, Farleigh was frequently asked to give presentations of his ideas to other professional traders. From the feedback during these sessions he realised that others were interested in an approach to investing which was based on first principles. Finding that anecdotes were the best way to make a point, and that ideas could be summarised into numbered strategies, allowed him to show clearly how the methodology worked.Years later, he is still using the same approach, and has found that amateurs, as well as professionals, are keen to find out how markets work and how to improve their investment performance. This book contains those secrets.------About the 100 StrategiesThe rules are based on two broad experiences. Firstly, my involvement with investing and trading has been an endless pursuit of looking for patterns and developing my own repeatable methodologies. I have wanted to turn an art into a science. Secondly, from so many conversations with intelligent and educated people, who are curious about markets, but have been unhappy with a lack of useful reading material.The book is intended for anyone with an interest in trading or investing, whether they are amateurs or professionals. The laws grew out of a series of popular lectures that I gave in my early career and out of the process of training new people to trade the markets.Perhaps a unique thing about my approach in this book is that I have developed a framework which is applicable to all markets, whether they are bonds, money market, commodities, currencies, stocks, or property. The more I have learnt about these markets the more I have been convinced that it is sensible to approach them the same way. This is very useful, especially when some markets are underperforming.This is a serious book. It is definitely not a how to get rich quick trick. I have presented my observations and interpretations as laws for practical purposes. It incorporates equally a lot of groundwork analysis of markets.In finance there has been a gap between practitioners and the theoreticians. I intend to bridge that gap with a solid and, at times, theoretical explanation for my observations. Nevertheless, I have presented the material in a personal way. It is light hearted, with lots of anecdotes. I have not done endless amounts of research on each of the laws, so at times I may have erred on the detail. However it is always the concepts that are important, as these are what I am trying to get across.

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Book SynopsisSuccessful strategies for high long-term returnsThe long-term benefits of investing in the stock market are clear. For periods of ten years upwards, equities have delivered higher returns than any other non-physical UK asset class. Those investing for the long term should put their money to work in the stock market.In this easy-to-follow practical guide, Glenn Martin introduces seven strategies for index investment in the FTSE 100 and FTSE 250. These strategies can be followed by anyone willing to adopt a systematic approach and accept short-term risk in exchange for long-term rewards. Incredibly, even the most advanced strategy requires no more than an hour per week of your time.The seven strategies involve varying levels of risk. For those who want to commit the minimum time and take on less risk, there are two passive buy-and-hold strategies. Those wanting to commit a little more effort and take on higher risk - with the potential for higher rewards - can use a proven system to time when to invest in the stock market and when to hold funds as cash. The most advanced strategies, which carry higher short-term risk with the potential to achieve spectacular long-term returns, make use of the gearing offered by spread trading. Each strategy has a set of clear and simple instructions, plus there are historic performance tables and the expectations for future returns.Unique features of this innovative book include:- How to construct a spreadsheet to produce a valuation of the FTSE 100 and the expected returns from a five-year investment in the index. These valuations constitute buy/sell signals which have delivered a profit for every historic period in the market.- How to extend the spreadsheet to calculate post-tax returns tailored to your own tax circumstances.- A Market Momentum System that uses simple moving averages to signal when you should exit the market to minimise the impact of major market crashes.- 30-year track records for all the investment strategies.- A system for creating a synthetic tax-free FTSE 100 tracker using FTSE 100 spread trades.- A FTSE 100 spread trading simulator that enables you to test the historic returns you would have achieved according to your appetite for short-term risk. At the highest level of short-term risk, 1,000 would have grown to more than 12,300,000 over 30 years, with all of the gains being tax-free.Leaving your cash in a deposit account could see its real value whittled away by poor interest rates and inflation. If you are looking for a way to grow your money significantly over time by following a straightforward investment plan, then this book shows you how.

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Book SynopsisPractical and powerful improvements for value investorsBuying undervalued shares and selling when the price is many times greater has a natural appeal - and research shows it works. But not all value investors are successful. As Andrew Hunt shows in this must-read new book, many are guilty of common errors in their planning and execution and these critically undermine their success.Better Value Investing provides a straightforward framework to help all value investors improve, showing them what to focus on and what to cut out in order to be successful.Supported by the latest empirical research, 15 years of real investing experience, studies of what the top investors have said and done, and wide reading, Andrew Hunt reveals:- how financial strength is at the heart of value investing- why to invest like an owner- the importance of contrarianism- why you should buy only the very best bargains- the essentials of constructing and managing a portfolio- how checklists control the process and keep the value investor on track.This concise guide to honing the craft of value investing is essential reading for all value investors new and old. With its help you can concentrate on what is important, cut out errors and achieve what you set out to do, making you a better value investor.

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Book SynopsisTrading is a minefield of psychological and emotional challenges. Hypnotherapy and neuro-linguistic programming (NLP) techniques are commonly used by psychotherapists to help traders defeat these challenges and become more profitable.Now, for the first time, these approaches are made available to all in HypnoTrading - a brand new step-by-step practical guide on how to use the latest psychotherapeutic approaches in the trading environment. HypnoTrading teaches a number of self-help solutions to make your mindset more positive, control your emotions and enhance your ability to deal with the common psychological issues traders face.You will discover the power of hypnosis and how to use self-hypnosis with NLP and Havening, a cutting-edge psycho-sensory technique, to identify and master the issues that inhibit your trading performance. With these methods, you will make better trading decisions, perform in a more calm and consistent manner, and improve your trading results.A wide range of practical techniques and activities are provided throughout. These have been designed specifically to combat the psychological challenges faced by traders. Once you are accustomed to using these techniques, you will have your own toolkit that you can use as often as required to help you change your mindset and improve your psychological approach to trading. You will be amazed at the impact a positive mindset, freedom from stress, anxiety and fear, and an ability to move on from losing trades will have on your trading results. HypnoTrading is your guide to making these changes.

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