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How to Read the Financial Pages by Michael Brett
  • How to Read the Financial Pages

  • A Simple Guide to the Way Money Works and the Jargon

  • by Michael Brett
  • £16.14
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  • Normal price: £18.99, you save: £2.85 (15%)
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    • Product code: 11054
    • ISBN: 0712662596, ISBN13: 9780712662598, 430 pages, paperback
      Published by Random House Business Books in 2003 , New ed of 5 Revised ed edition
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    Description of How to Read the Financial Pages

    Stripping away the mystique from the world of investment and finance, "How to Read the Financial Pages" is a layman's guide to reading and understanding the financial press and the markets and events it covers. Assuming no financial knowledge, Michael Brett provides a valuable explanation of the workings of the financial world - from money markets to commodity markets, investment ratios to takeover bids. With an extensive glossary of financial terms, this book will help you through the financial columns to a better understanding of the language of markets and money. For ten years "How to Read the Financial Pages" has been an outstanding first-choice buy for everyone who wants a thorough - but friendly - grounding in finance and investment. What are stock markets, currency markets, commodities markets? How do they operate? What are derivatives? Could they cause the financial system to crash? What is meant by insider dealing? Why is it illegal? Who are the main players in the world of money? What do stock brokers, market makers, merchant bankers and underwriters actually do? How has the Internet affected private investors? What are the new opportunities?

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    Contents of How to Read the Financial Pages

    Introduction

    1. First principles

    2. Money flows and the money men

    3. Companies and their accounts

    4. The investment ratios

    5. Refining the figurework

    6. Equities and the Stock Exchange

    7. What moves share prices?
    a: In 'normal' times
    b: In the crash of '87

    8. Stockmarket launches

    9. Issuing more shares - and buying shares back

    10. Bidders, victims and lawmakers

    11. Venture Capital and Leveraged Buy-outs

    12. Pay, perks and reverse capitalism

    13. Government bonds and company bonds

    14. Banks, borrowers and bad debts

    15. The money markets

    16. Foreign exchange and the Euro

    17. International Money: the euromarkets

    18. Financial derivatives and commodities

    19. Insurance and Lloyd's after the troubles

    20. Commercial property and market crashes

    21. Savings, pooled investments and tax shelters

    22. Supervising the City

    23. Print and the internet: the financial pages

    Tailpiece: How to read between the lines

    Glossary and index

    About Michael Brett

    Michael Brett is a freelance financial journalist, former editor of the Investor's Chronicle and a frequent lecturer on financial topics.

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