Forbes Guide to the Markets: Becoming a Savvy Investor, 2nd Edition

What a difference ten years can make. When the first edition of Forbes® 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® 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® 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® 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.