Title
Cengage Learning Capital Account: Fund Manager Insights on 1993-2002 Turbulent Decade
Processing time: 1-3 days
US Orders Ships in: 3-5 days
International Orders Ships in: 8-12 days
Return Policy: 15-days return on defective items
Payment Option
Capital Account is a compelling exploration of the world's most significant investment bubble, viewed through the lens of professional investors. This book serves as an essential resource for anyone interested in understanding the dynamics of shareholder value and the consequences of frenzied finance.
This insightful book is based on selected reports from Marathon Asset Management, a prominent global investment firm. It delves into how the concept of shareholder value became distorted as senior managers prioritized stock option wealth over ethical corporate governance. The narrative reveals the complicity of professional investors and Wall Street investment bankers in perpetuating a cycle of short-term gains that ultimately led to disaster for the investment community.
Key Features:- In-depth Analysis: Offers a thorough examination of the capital cycle approach to investment, merging behavioral finance, economic theory, and business analysis.
- Historical Context: Provides a detailed account of the technology and telecoms bubble, making it relevant for understanding contemporary market trends.
- Practical Insights: Introduces strategies that help investors recognize and avoid the pitfalls of excessive euphoria in the market.
- Good Condition: This used book is in good condition, making it an affordable option for readers.
- Authoritative Source: Compiled by experts from Marathon Asset Management, ensuring credibility and reliability.
- Universal Relevance: Suitable for novice investors, seasoned professionals, and anyone interested in financial history and investment strategies.
In summary, Capital Account is an invaluable guide for those seeking to navigate the complexities of modern investing. It is particularly beneficial for investors looking to adopt a disciplined approach to investment analysis and for those wanting to learn from past mistakes in the financial markets. This book is a must-read for anyone keen on understanding the intricate relationship between investor behavior and market outcomes.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages does this book have? A: This book has two hundred seventy-two pages. It provides an in-depth analysis of investment strategies over a turbulent decade.
- Q: What type of binding does this book have? A: This book is bound in hardcover. Hardcover binding ensures durability and a professional appearance.
- Q: What are the dimensions of this book? A: The dimensions of this book are six inches in length, one inch in width, and nine and a quarter inches in height. These dimensions make it a standard size for easy reading.
- Q: Who is the author of this book? A: The author of this book is Edward Chancellor. He is known for his insightful analysis of financial markets.
- Q: What genre does this book belong to? A: This book belongs to the genre of finance and investment guides. It offers detailed insights into investment strategies.
- Q: How should I read this book? A: You can read this book at your own pace. It is designed for both casual readers and professionals interested in investment analysis.
- Q: Is this book suitable for beginners in finance? A: Yes, this book is suitable for beginners in finance. It explains complex financial concepts in an accessible manner.
- Q: What is the main theme of this book? A: The main theme of this book is the analysis of investment bubbles and the impact of short-term thinking on the market. It explores how investor behavior affects financial outcomes.
- Q: Can I use this book as a reference for investment strategies? A: Yes, you can use this book as a reference for investment strategies. It provides valuable insights and a methodology for analyzing capital cycles.
- Q: How should I store this book to keep it in good condition? A: Store this book in a cool, dry place, away from direct sunlight. Keeping it upright on a shelf will help prevent damage.
- Q: Is this book safe for young readers? A: While the book discusses financial concepts, it is not specifically aimed at young readers. It is best suited for adults and older teens.
- Q: What if I want to return the book? A: You can return the book if it is in good condition and meets the return policy guidelines. Check with the retailer for specific return instructions.
- Q: Does this book have any special features? A: Yes, this book is noted as a used book in good condition. It offers insights into investment strategies without any added features.
- Q: What is the purpose of the 'capital cycle' approach discussed in the book? A: The purpose of the 'capital cycle' approach is to analyze how investor sentiment affects long-term investment outcomes. It helps identify potential market collapses.
- Q: What lessons can I learn from this book? A: You can learn valuable lessons about investment discipline and the risks of short-term profit chasing. It highlights the importance of thorough analysis.