Glen Arnold – författare

The Financial Times Handbook of Corporate Finance is the authoritative introduction to the principles and practices of corporate finance and the financial markets. Whether you are an experienced manager or finance officer, or you’re new to financial decision making, this handbook identifies all those things that you really need to know:

 

·        An explanation of value-based management

·        Mergers and the problem of merger failures

·        Investment appraisal techniques

·        How to enhance shareholder value

·        How the finance and money markets really work

·        Controlling foreign exchange rate losses

·        How to value a company

 

The second edition of this bestselling companion to finance has been thoroughly updated to ensure that your decisions continue to be informed by sound business principles. New sections include corporate governance, the impact of taxation on investment strategies, using excess return as a new value metric, up-to-date statistics which reflect the latest returns on shares, bonds and merger activities and a jargon-busting glossary to help you understand words, phrases and concepts.

Corporate finance touches every aspect of your business, from deciding which capital expenditure projects are worth backing, through to the immediate and daily challenge of share holder value, raising finance or managing risk.

 

The Financial Times Handbook  of Corporate Finance will help you and your business back the right choices, make the right decisions and deliver improved financial performance. It covers the following areas:

 

·        Evaluating your firm’s objectives

·        Assessment techniques for investment

·        Traditional finance appraisal techniques

·        Investment decision-making in companies

·        Shareholder value

·        Value through strategy

·        The cost of capital

·        Mergers: failures and success

·        Merger processes

·        How to value companies

·        Pay outs to shareholders

·        Debt finance

·        Raising equity capital

·        Managing risk

·        Options

·        Futures, forwards and swaps

·        Exchange rate risk

From bestselling author Glen Arnold, this is a jargon-busting book that describes how financial markets work, where they are located and how they impact on everyday life. It assumes no specialised prior knowledge of finance theory and provides an authoritative and comprehensive run-down of the workings of the modern financial system.

Using real world examples from media such as the Financial Times, Arnold gives an international perspective on the financial markets with frequent comparisons in the workings of major financial centres such as the Bank of England and the City, the Federal Reserve System and Wall Street, the Japanese Central Bank, the European Central Bank and IMF and World Bank.

Modern Financial Markets and Institutions  provides a comprehensive and authoritative introduction to the workings of modern financial systems, the efficiency of money markets and the role of investment bankers, illustrating how they impact our everyday lives.

By drawing on numerous real-world examples, this text is essential reading for students of banking, finance, investment, business studies and economics. It will be invaluable for those looking to entering banking, insurance, fund management and other financial services industries.

“The practical perspective is perfect for business students wishing to understand the financial sector and how it works. Arnold again, as with his other books, has done a great job here. This is a book I have been waiting for some time.”Mr Jim Keane - Gloucester Business SchoolUniversity of Gloucestershire, Cheltenham, UK

“Excellent analysis and clear explanations.”

Ms. Nirmala Lee - Dept Of Accounting/FinanceLondonMet (Guild) University, London, UK

 

'Whether a complete novice, or a professional portfolio manager, this book will give you access to the mindset and techniques of the most successful investors of our time and more importantly, it will help you avoid mistakes. The Great Investors will have a permanent place on my desk.'

Mark Sheridan, Executive Director, Nomura International PLC

 

Leading investors such as Warren Buffett, Benjamin Graham, Sir John Templeton, George Soros and Anthony Bolton are known throughout the world. How did these people come to be so successful? Which strategies have they used to make their fortunes? And what can you learn from their techniques?

In The Great Investors, Glen Arnold succinctly and accurately describes the investment philosophies of the world’s greatest investors. He explains why they are the best, gives details of their tactics for accumulating wealth, captures the key elements that led to their market-beating successes and teaches you key lessons that you can apply to your own investing strategies.

 

From the foreword:  

‘There are some very special people who seem to possess an exceptional talent for acquiring wealth. I want to explore not just the past triumphs of these masters, but also the key factors they look for as well as the personality traits that allow them to control emotion and think rationally about where to place funds. How does a master of investment hone skills through bitter experience and triumph to develop their approach to accumulating wealth?’

Glen Arnold

 

The Great Investors is the story of a number of remarkable men: John Templeton, George Soros, Warren Buffett, Benjamin Graham, Philip Fisher, Peter Lynch, Anthony Bolton and John Neff. Whether you’re new to investing, have had success in the markets, or you’re a professional investor or fund manger, you’ll benefit from reading about their proven, and successful, trading philosophies.

 

The Great Investorswill show you how to:

 

·    Be a business analyst rather than a security analyst

·    Do your homework and develop a broad social, economic and political awareness

·    Control emotion so as not to get swept away by the market

·    Be consistent in your approach, even when you have bad years

·    See the wood for the trees and not over complicate your portfolio

·    Learn from your investing

·    Be self reliant, stand aside from the crowd and follow your own logic

·    Take reasonable risk

Were you looking for the book with access to MyFinanceLab? This product is the book alone, and does NOT come with access to MyFinanceLab. Buy Essentials of Corporate Financial Management with MyFinanceLab access card, 2/e (ISBN 9780273759027) if you need access to the MyLab as well, and save money on this brilliant resource.   

Essentials of Corporate Financial Management supports courses designed to cover the core topics of finance in 15 to 30 hours of lectures. The book is suitable for undergraduate students studying finance as part of a business related degree, MBA students, and others studying finance at business schools. It also provides the foundation elements needed by students going on to study more advanced finance.

The step-by-step learning approach enables students to achieve a high level of financial knowledge without assuming a prior knowledge of finance. Selected core topics and key concepts are delivered with depth, allowing students to gain an understanding of the topical debates within this field, where disagreement or alternative perspectives lead to lively discussion.

 

Need extra support? This title can be supported by MyFinanceLab, an online homework and tutorial system which can be used by students for self-directed study or fully integrated into an instructor's course.

 

This product is the book alone, and does NOT come with access to MyFinanceLab.

 

You can benefit from MyFinanceLab by speaking to your local Pearson Account Manager about setting up a version that is customised to suit your course via www.pearsoned.co.uk/replocator

For educator access, contact your Pearson Account Manager. To find out who your account manager is, visit www.pearsoned.co.uk/replocator

 

Investing can be fun as well as rewarding.  It could certainly earn you much more than you could gain by sticking your money in a bank account. It really does not require much to make money from the stock market - just an understanding of a few simple concepts and the following of a few rules.

 

Written by the UK’s most successful writer on investing, Get Started in Shares explains in very clear and simple terms what shares are, how they are traded and what to look out for as an owner of shares.

 

 This is a straight-talking guide to the mysteries of investing that assumes no prior knowledge and will build up your understanding of investing in a series of easy steps.

 

This jargon-busting book describes how the bond and money markets work and how they impact on everyday life. It assumes no specialised prior knowledge of finance theory and provides an authoritative and comprehensive run-down of the workings of the modern financial system.

 

 

 

It’s in the money markets where money, or the value of money, can be bought and sold. It’s the place where Treasury bills, deposits, repurchase agreements, short-lived mortgages etc, can be traded. These are crucial to the global economy because they provide liquidity funding for the global financial system.

 

 

Bond markets operate in the same way but are financial markets where participants can issue new debt or buy and sell existing debt – known as bonds. As with money markets, bond markets are key because they provide money where no money previously existed (think of your mortgage).

 

 

Using real world examples from media such as the Financial Times, bestselling author Glen Arnold gives an international perspective on these markets.

Understand key bond and money market terms and banking products Explore the wide variety of types of markets and their functions eg. LIBOR, gilts, government debt Gain insight into the main factors influencing prices in the financial markets Learn how fluctuations in the money markets can affect you and your own money strategies

The Financial Times Guide to Banking is a comprehensive introduction to how banks and banking works. Best-selling author Glen Arnold provides you with a foundation for understanding the wide variety of activities undertaken by banks. He shows you why these global institutions are so important to consumers and finance professionals alike and explains how their activities impact on everyday life.

 

The Financial Times Guide to Banking will give you:

 

-    A thorough understanding of all types of banking from retail through to asset management and investment banking.

 

-    An overview of global banking including the worldwide evolution of the sector, the influence of cross-border money flows and the importance of modern banking to international development

 

-    Expert knowledge about instruments and markets including debt markets, futures markets and swaps and options

 

-    Insight into the crucial importance of central banking and government regulation

 

-   Answers to the big questions about monetary policy and interest rates, payment systems and banking success

Context and Application Value-Based Management Edited by Glen Arnold and Matt Davies Over the past ten years hundreds of leading companies worldwide have adopted the principles of value-based management (VBM), an approach to corporate strategy and business organisation in which the primary objective is always shareholder wealth maximisation. As VBM has become more widespread the idea of shareholder value has become integral to business. Consultancies have prospered by selling prescriptions for developing a value-oriented firm and managers thought to be excellent in generating shareholder value are held in high esteem and command huge salaries. This book draws on empirical evidence to demonstrate the success of VBM ideas as well as highlighting many of the hidden questions, doubts and difficulties. It examines the validity of some of the underlying assumptions of VBM and tackles many of the key technical issues. This book provides a timely assessment of the theory and practice of VBM as it grows to maturity.

It took the world's greatest investor, Warren Buffett, nearly four decades to make his first $100m. The Deals of Warren Buffett – Volume 1 charts the series of investments that made up that journey.In revealing detail, and with a lucid descriptive style, experienced author and investor Glen Arnold explains Buffett's thinking behind these investment deals and shows how his cumulative returns compounded his wealth over time.In this formative period, from 1941-78, Buffett developed and honed the investment philosophy that would lead him to become so successful as his career progressed. But it was not all plain sailing – Buffett made mistakes along the way – and Arnold shows how Buffett learned through success and failure how to select companies worth backing. Arnold also includes insightful 'learning points' at the end of each chapter, which reveal how investors can learn from the craft of Warren Buffett to improve their own investing.Investments featured in this first volume include: GEICO, American Express, Disney, Berkshire Hathaway, See's Candies, and The Washington Post.With stories and analysis drawn from decades of investing experience, join Glen Arnold and delve deeper in The Deals of Warren Buffett!

In this second volume of The Deals of Warren Buffett, the story continues as we trace Warren Buffett's journey to his first $1bn. When we left Buffett at the end of Volume 1, he had reached a fortune of $100m. In this enthralling next instalment, we follow Buffett's investment deals over two more decades as he became a billionaire.This is the most exhilarating period of Buffett's career, where he found gem after gem in both the stock market and among tightly-run family firms with excellent economic franchises. In this period, Berkshire Hathaway shares jumped 29-fold from $89 to $2,600, while Buffett made investments in the following companies:GEICO, Buffalo Evening News, Nebraska Furniture Mart, Capital Cities, ABC, Disney, Fechheimer Brothers, Scott Fetzer, Solomon Brothers, Coca-Cola, Borsheims, Gillette, Procter & Gamble, and Duracell.For each of these deals, investing expert and Buffett historian Glen Arnold delves into unprecedented detail to analyse the investment process and the stories of the individuals involved. Arnold's engaging, lucid style transports the reader to the time and place of the deals, to truly appreciate how Buffett was operating.With stories and analysis drawn from decades of investing experience, join Glen Arnold and delve deeper into The Deals of Warren Buffett!

In this third volume of The Deals of Warren Buffett, we trace Warren Buffett's journey as he made Berkshire Hathaway the largest company in America.When we left Buffett at the end of Volume 2, he had reached a fortune of $1bn. In this enthralling next instalment, we follow Buffett's investment deals over the decade from 1989 to 1998, as Berkshire shares jumped 14-fold from $4,700 to $68,000 and its market cap grew from $5bn to $100bn.This was a period of Buffett's career when he was approaching normal retirement age. But far from slowing down, he was just hitting his stride. Buffett was as driven as ever to seek out great companies at good prices. By studying the decision-making that went into his investment deals, and the successful and unsuccessful outcomes, we can learn from Buffett and become better investors ourselves.In this decade, Buffett made investments in the following companies:Wells Fargo, USAir, American Express, The Shoe Group, Helzberg Diamond Shops, RC Willey, FlightSafety International, Dairy Queen, NetJets, and General Re.For each of these deals, investing expert and Buffett historian Glen Arnold dives into unprecedented detail to analyse the investment process and the stories of the individuals involved. Arnold's engaging, lucid style transports the reader to the time and place of the deals, to truly appreciate how Buffett was operating.With stories and analysis drawn from decades of investing experience, join Glen Arnold and delve deeper into The Deals of Warren Buffett!

In this fourth volume of The Deals of Warren Buffett, we trace Buffett’s journey as he made Berkshire Hathaway the most respected company in the world.When we left Buffett at the end of Volume 3 towards the end of the 1990s, he was leading the largest corporation in America and his personal fortune had reached $40 billion. In this enthralling next instalment, we follow Buffett’s investment deals over the first few years of the 21st century, as Berkshire grew to become a giant with annual profits north of $4 billion.Buffett, then in his early 70s, was still tap dancing to work, thoroughly enjoying analysing companies, finding bargains and interacting with his growing team of managers.By studying the decision-making that went into his investment deals and the successful and unsuccessful outcomes, we can learn from Buffett and become better investors ourselves.During this period, exploiting the low prices following the dot-com crash, Buffett made investments in the following companies: MidAmerican Energy, CORT, Moody’s, H&R Block, Shaw Industries, Star Furniture, Jordan’s Furniture, Ben Bridge Jeweler, Justin Boot, Acme Brick, Benjamin Moore and CTB.For each of these deals, investing expert and Buffett historian Glen Arnold dives into unprecedented detail to analyse the investment rationale, the stories of the individuals involved and, where possible, the profits Buffett made.

Discover more about the essential principles of Corporate Finance, with the ultimate guide coming from a team of leading authors in the field.

Corporate Financial Management, 6th edition by Arnold and Lewis is the latest version of this comprehensive guide to the subject, written by leading authors in the financial world. This edition is ideal for students who study the topic either as a standalone subject or as part of their wider studies within business accounting, finance, banking, or economics.

The book offers a complete study of the theory and practice in corporate finance, exploring a range of topics, including investment appraisal, risk and return, and sources of finance. It also discusses concepts that involve risk management, including derivatives, giving a unique treatment of corporate value.

Accessible and easy to understand, the text is designed to teach you how to make informed, successful financial decisions by offering a variety of real-world case studies that apply important business concepts from theory to action.

The current, thoroughly updated edition includes a plethora of existing and updated features that will support your understanding of the concepts presented in each chapter.

Key features include:

A clear, accessible language that illustrates the financial techniques in practical terms. New Financial Times articles that help you see the relevance between theory and the real world. A presentation of finance as a dynamic subject, that is open to theoretical re-evaluation. A large number of examples and case studies include statistics and data that range from the number of corporate mergers to default rates in corporate bonds. Mathematical explanations that are easy to follow.

With a clear layout and a range of additional resources to support your understanding of the key concepts introduced, this must-have book will help you succeed in your studies and prepare you for the real financial world.

This title is supported by MyFinanceLab®, an online homework and tutorial system which can be used by students for self-directed study, or instructors who can choose to fully integrate this eLearning technology into the delivery of their course.

If you would like to purchase both the physical text and MyLab Accounting search for: 9781292169415 Corporate Financial Management, 6th Edition with MyFinanceLab®.

Package consists of: 

9781292140445 Corporate Financial Management, 6th Edition 9781292169392 Corporate Financial Management, 6th Edition MyFinanceLab® 

9781292169385 Corporate Financial Management, 6th Edition Pearson eText

MyFinanceLab® is not included. Students, if MyFinanceLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyFinanceLab®should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.

Discover more about the essential principles of Corporate Finance, with the ultimate guide coming from a team of leading authors in the field.

Corporate Financial Management, 6th edition by Arnold and Lewis is the latest version of this comprehensive guide to the subject, written by leading authors in the financial world. This edition is ideal for students who study the topic either as a standalone subject or as part of their wider studies within business accounting, finance, banking, or economics.

The book offers a complete study of the theory and practice in corporate finance, exploring a range of topics, including investment appraisal, risk and return, and sources of finance. It also discusses concepts that involve risk management, including derivatives, giving a unique treatment of corporate value.

Accessible and easy to understand, the text is designed to teach you how to make informed, successful financial decisions by offering a variety of real-world case studies that apply important business concepts from theory to action.

The current, thoroughly updated edition includes a plethora of existing and updated features that will support your understanding of the concepts presented in each chapter.

Key features include:

A clear, accessible language that illustrates the financial techniques in practical terms. New Financial Times articles that help you see the relevance between theory and the real world. A presentation of finance as a dynamic subject, that is open to theoretical re-evaluation. A large number of examples and case studies include statistics and data that range from the number of corporate mergers to default rates in corporate bonds. Mathematical explanations that are easy to follow.

With a clear layout and a range of additional resources to support your understanding of the key concepts introduced, this must-have book will help you succeed in your studies and prepare you for the real financial world.

This title is supported by MyFinanceLab®, an online homework and tutorial system which can be used by students for self-directed study, or instructors who can choose to fully integrate this eLearning technology into the delivery of their course.

If you would like to purchase both the physical text and MyLab Accounting search for: 9781292169415 Corporate Financial Management, 6th Edition with MyFinanceLab®.

Package consists of: 

9781292140445 Corporate Financial Management, 6th Edition 9781292169392 Corporate Financial Management, 6th Edition MyFinanceLab® 

9781292169385 Corporate Financial Management, 6th Edition Pearson eText

MyFinanceLab® is not included. Students, if MyFinanceLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyFinanceLab®should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.

'The most damaging half truth for savers is “performance matters more than expenses”. Read this book carefully and the financial services industry will have one fewer easy victim, but you will have a sound base for a lifetime of successful investment.'Martin White, Chair of UK Shareholders Association

 

This is one of those great big books to buy and then tuck away for constant reference. It's a tour through everything from managing a portfolio to establishing a fair intrinsic value for a share. If it moves in the world of investing, it’s probably here.'

David Stevenson, 'Adventurous Investor' in the Financial Times

 

‘Informative and easy to read, Glen Arnold has produced arguably the most comprehensive book there is today on stock market investing and one that unquestionably will give an edge to any retail investor. This is a must read for anyone serious about investing.'  

Simon Thompson, Companies Editor, Investors Chronicle

 

AN UPDATED VERSION OF THE BESTSELLING INVESTING BOOK IN THE UK

 

The Financial Times Guide to Investing is the definitive introduction to the art of successful stock market investing by debunking the myth that investing is only for the wealthy.

 

Bestselling author Glen Arnold covers the basics of what investors do and why companies need them, through to the practicalities of buying and selling shares and how to make the most from your money. Learn how to understand different types of investment vehicles, pick the right companies and understand their accounts so you can compile and manage a sophisticated portfolio.

The fourth edition of this investing classic has been thoroughly updated and will give you everything you need to choose your shares with skill and confidence.

New for this edition:

Updated insights into the inner workings of stock markets, new accounting rules and dangers to watch out for when looking for investment gems Recent Financial Times articles, and the latest statistics to illustrate and expand on case studies and examples Detailed updates of changes to tax rules and rates