Investor's Guide to How the Stock Market Really Works

This book explains the basic mechanics of the markets, how shares, bonds and derivatives work, describes the different schools of thought and discusses tax considerations. It also compares the profitability of different assents and teaches the reader how to sift through the overwhelming amount of investment advice available and find what you need.

There have been significant developments in many of the areas covered in this book. How the Stock Market Really Works now includes ISAs, online trading and day trading, Venture Capital Trusts and Enterprise Investment Schemes, Ethical trading funds and tax updates. It is a 'guerrilla's guide' because it argues that, given the fact that the majority of fund managers under perform the indices, it may be possible for intelligent private investors to do better on their own.