Author: Mark Shipman
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
- Losses in a bank’s trading book can have a cascading effect on the global economy, such as those that occurred during the 2008 financial crisis.
The Next Big Investment Boom
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Mark Shipman, who has made a fortune since leaving school at the age of 16, is now an investment advisor to a range of prestigious UK clients. Shipman argues that successful investing is not an intellectual challenge but an emotional one. Starting with the how and why of taking responsibility for your money, he describes specific investment strategies he has used with great success. In the second half of the book, he describes commodity markets in detail, an area he himself predicts as a major investment opportunity that could last well over a decade.
Both those new to investing and those looking to brush up their skills will find sound and solid advice on subjects such as: how long-term investing works, why investing is a mental game, how to develop a personal investment strategy and why one should invest in commodities.
Mark Shipman is a professional investor – who hopes to educate the general public about the dangers of entrusting their money and financial futures to just any so-called ‘investment professional’. The other aim of his book is to introduce readers to an investment trend that he believes is going to dominate the world over the next decade – that of commodities such as coffee, cocoa, and crude oil. However, the book is intended to help readers to invest – not to help them trade. Shipman believes that long-term investing is generally less stressful and usually more financially rewarding. He has learnt that it is far easier to profit from an investment’s progress over months and years than it is over the next few days, hours or even minutes.
Get: Mark Shipman – The Next Big Investment Boom
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