The 36 Stratagems are a unique collection of ancient Chinese proverbs that describe some of the most cunning and subtle strategies ever devised by man. Readers, and specifically investors, at all levels will benefit from this interpretation of the 36 stratagems detailing how to apply them in investment and “economic warfare.” HSBCs 36 stratagems encourage flexibility and new ways of thinking about investment issues.
Book Details:
- Author: HSBC Jintrust Fund Management
- ISBN: 9781118580530
- Year Published: 2009
- Pages: 200
- BISAC: BUS036000, BUSINESS & ECONOMICS/Investments & Securities / General
About the Book and Topic:
The 36 Stratagems are a unique collection of ancient Chinese proverbs that describe some of the most cunning and subtle strategies ever devised by man. Readers, and specifically investors, at all levels will benefit from this interpretation of the 36 stratagems detailing how to apply them in investment and “economic warfare.” HSBCs 36 stratagems encourage flexibility and new ways of thinking about investment issues.
In finance, an investment strategy is a set of rules, behaviors or procedures, designed to guide an investor’s selection of an investment portfolio. Usually the strategy will be designed around the investor’s risk-return tradeoff: some investors will prefer to maximize expected returns by investing in risky assets, others will prefer to minimize risk, but most will select a strategy somewhere in between. Passive strategies are often used to minimize transaction costs, and active strategies such as market timing are an attempt to maximize returns. One of the better known investment strategies is buy and hold. Buy and hold is a long term investment strategy, based on the concept that in the long run equity markets give a good rate of return despite periods of volatility or decline. A purely passive variant of this strategy is indexing where an investor buys a small proportion of all the shares in a market index such as the S&P 500, or more likely, in a mutual fund called an index fund.
An original take on basic wealth management knowledge and skills Personal finance & investment are perennial & universal topics of interest Part of Wiley Investment Classics series
About the Author
HSBC Jintrust Fund Management Company Limited is a joint venture fund management company based in Shanghai between HSBC and with Shanxi Trust and Investment Corporation Limited (Jintrust).