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.

Forbes ® GUIDE TO THE MARKETS

SECOND 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.

Forbes® 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.

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. Designed to help both the new and experienced investor gain sufficient understanding and knowledge to invest wisely and confidently in today's turbulent markets, it 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 solid investment principles, the Forbes Guide to the Markets, Second Edition is completely revised and updated to reflect new trends and changes in the markets.

• New topics discussed include the introduction and implementation of ETFs, the role of hedge funds, and the effects of the subprime crisis
• Updated and revised chapters contain buying and selling techniques, fundamental, technical and quantitative analysis, and futures and options information
• Highlights key terms and contains a complete glossary

An essential resource for both the new or seasoned investor, this authoritative resource is a must-read for anyone aspiring to become a savvy investor.