{"product_id":"the-conceptual-foundations-of-investing-9781119516293","title":"The Conceptual Foundations of Investing","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eThe need-to-know essentials of investing\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThis book explains the conceptual foundations of investing to improve investor performance. There are a host of investment mistakes that can be avoided by such an understanding. One example involves the trade-off between risk and return. The trade-off seems to imply that if you bear more risk you will have higher long-run average returns. That conclusion is false. It is possible to bear a great deal of risk and get no benefit in terms of higher average return.\u003c\/p\u003e \u003cp\u003eUnderstanding the conceptual foundations of finance makes it clear why this is so and, thereby, helps an investor avoid bearing uncompensated risks. Another choice every investor has to make is between active versus passive investing. Making that choice wisely requires understanding the conceptual foundations of investing.\u003c\/p\u003e \u003cp\u003e Instructs investors willing to take the time to learn all of the concepts in layman's terms\u003c\/p\u003e \u003cp\u003e Teaches concepts without overwhelming\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003ePreface vii\u003c\/p\u003e \u003cp\u003e1 Returns 1\u003c\/p\u003e \u003cp\u003e2 The Economic Structure of Investment Markets 23\u003c\/p\u003e \u003cp\u003e3 Bonds and Inflation 53\u003c\/p\u003e \u003cp\u003e4 RiskandReturn 97\u003c\/p\u003e \u003cp\u003e5 Fundamental Analysis and Valuation 121\u003c\/p\u003e \u003cp\u003e6 Transaction Costs, Fees, and Taxes 159\u003c\/p\u003e \u003cp\u003e7 Can History Be Trusted? 175\u003c\/p\u003e \u003cp\u003e8 Can Behavioral Anomalies Be Exploited? 193\u003c\/p\u003e \u003cp\u003e9 Alternative Investments 209\u003c\/p\u003e \u003cp\u003e10 Investment Suggestions and Postscript 227\u003c\/p\u003e \u003cp\u003eIndex 237\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49407070830935,"sku":"9781119516293","price":22.94,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781119516293.jpg?v=1730498072","url":"https:\/\/bookcurl.com\/products\/the-conceptual-foundations-of-investing-9781119516293","provider":"Book Curl","version":"1.0","type":"link"}