How to Invest: Navigating the brave new world of personal investment

Description

The first quarter of the new century has seen developments in technology, monetary policy and the management of large companies that have transformed personal savings and investment around the world. Love it, loathe it, or just not interested in it, this innovation has changed not only the nature of money, but our understanding of what it means to invest - whether we want to safeguard our pensions, experiment with personal trading platforms or simply understand how the markets really work. How to Invest aims to help investors navigate this new world, offering a principles-based, keep-it-simple approach to help them make investment decisions and have investment conversations that will make the most of their money.

Peter Stanyer is an independent investment economist. He was previously chief investment officer of a US-based wealth management firm, a managing director at Merrill Lynch and investment director of the UK's Railways Pension Fund. Masood Javaid was Senior Advisor in the Managing Director's Office to a large sovereign wealth fund. Prior to that, he held senior positions at Mercury Asset Management and Merrill Lynch, and managed the UK's Post Office and British Telecom pension fund assets. Stephen Satchell is Economics Fellow at Trinity College Cambridge. He is also The Reader in Financial Econometrics (Emeritus) at Cambridge University and an Honorary Member of the Institute of Actuaries.

'Peter Stanyer and his colleagues have made an outstanding book even better. The authors have created an insightful survey of the current state of investing. Whatever your focus, there is something to enjoy in this new, up-to-date compendium' - Elroy Dimson, Co-author of The Triumph of the Optimists, Professor of Finance, Cambridge Judge Business School 'In times of economic uncertainty, it's all too easy to follow the latest new thing in investing rather than sticking with the tried and true. Peter Stanyer and his co-authors continue to add value by encouraging us to look at the evidence of long-term performance. My firm's experience is that their approach results in happier investors' - Mark Ralphs, Founding Partner of the Financial Planning Corporation LLP