Investment strategies for the third millennium

The proven and fully updated investment bestseller by the well-known author is designed for laymen and professionals alike. It provides basic practical information on investment management in a very readable way, on modern portfolio theory, on the behaviour of the shares, bonds, commodities and real estate, on the political and economic context and the psychology of investing. It will be appreciated not only by financial and insurance advisors or employees of banks and investment companies, but also, for example, by students of finance and economics. It does not require any knowledge of economics or mathematics on the part of the reader, while at the same time it explains the principles of modern investment theory in a comprehensible way. The theoretical principles are illustrated by a number of examples and summarised in the form of concrete recommendations. The seventh, completely revised edition reflects some of the major changes in world markets and the global economy.