This classic guide to investment strategy covers the basics of risk, reward, and behavioral finance. Peter Stanyer and Stephen Satchell then cast an economist's eye over more complex approaches.

While the stock market is constantly changing, successful strategies remain the same.

The demand for a fourth edition of The Economist's Guide to Investment Strategy proves the longevity of simple, tried-and-tested investment methods.

Co-authored by economist Peter Stanyer and professor of finance Stephen Satchell, the book takes a measured approach to the heady world of stocks, emphasizing the need for rigorous self-assessment and careful planning.

With expertise spanning various leading investment firms and research institutes, including Merrill – previously branded Merrill Lynch – and Cambridge University, Stanyer and Satchell are well-placed to verse us on the potentials and pitfalls of the stock market.

From risk analysis to setting objectives and finding the best equities and strategies for achieving them, Stanyer and Satchell provide a thorough grounding to get you started in investing.