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Informationen zum Autor MARC M. GROZ is a leading authority on financial markets, with a deep understanding of hedge funds, risk management, and the interplay of liquidity, transparency, and valuation in market dynamics. Currently, he serves as managing member and chief investment officer of Topos LLC, a Stamford, Connecticut?based alternative asset manager, investor, and risk advisor. Klappentext Forbes (R) GUIDE TO THE MARKETS SECOND EDITION What a difference ten years can make. When the first edition of Forbes (R) Guide to the Markets was published a decade ago, the financial landscape was very different. "Dot coms" were flying high and the global economy was booming. Today, while the climate is very different, the basics and fundamentals remain the same, and the Second Edition of Forbes (R) Guide to the Markets reflects the most up-to-date look at how best to navigate today's financial markets. As a former chief risk officer of two multibillion-dollar hedge funds, author Marc Groz has a solid understanding of what it takes to become a better investor, and with the Second Edition of Forbes (R) Guide to the Markets, he shares his insights with you. Designed to help both the new and experienced investor enter today's turbulent markets with confidence, the Second Edition of Forbes (R) Guide to the Markets covers all the elements necessary to become financially street smart--from products, players, and procedures to rules, regulators, and risk/reward trade-offs. Filled with proven investment principles, this practical guide has been completely revised to reflect new trends and changes in the markets, including: Updated chapters containing buying and selling techniques; fundamental, technical, and quantitative analysis; and futures and options information The emergence of exchange-traded funds, alternative investments, and derivatives The role of hedge funds in an investment portfolio and the effects of the subprime crisis Diversification and calculating returns And much more An essential resource for both the new and seasoned investor, this authoritative guide is a must-read for anyone who intends on improving their investment endeavors. Forbes(R) is the leading business magazine in the United States, with an audience of more than 5 million readers. Since 1917, Forbes ' mission has been to provide access to information and insights that ensure its readers' success. Zusammenfassung From the leader in financial information! a fully updated guide to investing in today's markets This accessible book is a practical guide to the financial markets. Inhaltsverzeichnis Acknowledgments xi Note to the Reader xiii About the Author xv Introduction: Becoming a Savvy Investor xvii Section I Establishing a Frame of Reference 1 Chapter One From "Dumb" Barter to Intelligent Agents 3 Chapter Two Point-Counterpoint 13 Stocks 14 Mutual Funds 14 Bonds 15 ETFs 15 Options 15 Futures 16 Summary 16 Chapter Three Confronting Information Overload 17 Investor Constraints 18 Investor Choices 19 Investor Safety 21 Section II Stocks and Equity Markets 23 Chapter Four Varieties of Stocks 27 Just What is a Security, Anyway? 27 Issuers and Underwriters: Why Does a Corporation Sell Stock to the Public? 29 Why Investors Buy Stock 34 Summing Up Total Return: Dividends and Capital Gains 35 A Letter to Our Shareholders: Annual and Quarterly Reports (and Filings) 41 Making Sense of Types, Classes, and Other Stock Categories: A Map of the World of Stock 41 Chapter Five Stock Markets 47 The Big Board 48 The Incredible Growth ...