Top positive review
2 people found this helpful
Excellent for Beginners
on 12 December 2013
I have a background in Neuroscience, so I was looking for a book that introduce me to the world of Finance, so I could understand exactly what is going on in the news and such…
This book is perfect, extremely well written, I was so engrossed that I couldn't put it down.
It starts by broadly covering finance history (focusing more on recent history 40s onwards etc.), then going on to explain money and interest rates, banks and building societies, investment banks, the bank of england's role and function, the money markets, borrowers, investment institutions, hedge funds and private equity, shares, international bond market, insurance, risk management, foreign exchange and personal finance.
If you've read any micro/macro economic textbooks, you can probably skip through a few chapters here and there, but if you want a simple but detailed book on financial assets, this book gives a good grounding on all areas and will help you to read more advanced material.
Definitely buy if you're remotely interested in Finance and don't really understand all the different types of Financial institutions and their 'products'.