The Devil's Deal

293

Index

hangers-on 206

Hardy, Thomas, The Mayor of

Casterbridge 122–3

hedge funds 175–84, 232

pension funds v. 182–3

hedgers 147

herding 214, 249

high growth companies/stocks 64,

67–8, 198

high growth portfolio 197, 198

high net worth (HNW) investors

221

Hoover 68

hot money 166, 167–8

housing bubble 251, 252, 259–60

Hunt, Nelson Bunker 150

Hunt, William Herbert 150

hyper-ination 74–5, 171–2, 244

idle rich 203

impaired loans 262

income

balance between growth and

197–8

investment for 11–12, 14

steady from bonds 32, 82, 90

income/conservative growth

portfolio 197, 198

income portfolio 197–8

income statement 96–7

India 27, 121

Industrial Revolution 238

ination 74–5, 121, 244

and bond prices 130

and currency 167–8, 171–2

hyper-ination 74–5, 171–2, 244

measuring 244

and real return 19, 171–2

recovery 243

inheritors 203

initial margin 148

initial public offerings (IPOs) 56,

177–8

insider trading 273–4

institutional investors 54–5, 89,

221

pension funds 54–5, 82, 89,

182–3

institutional personalities 199

insurance 179–82

cycle 181–2

interest, compounding 9–11

interest expense 103–4

interest rates 9–10, 11, 252

bond prices and 129–30

cuts and stimulation of demand

239–40

discount factor as opposite of

compounding interest rate

127–8

negative 240

time value of money 75–6

internet shares 8–9, 185–92

investment banks

areas of business 54

back, front and middle ofce

69–70, 118

fund management divisions

183

and hedge funds 178–9

middlemen business 54–6

separation from retail banks 251

speculation on derivatives 136

investment club, doctors’ 204–5

investment grade bonds 91, 92

investment questionnaire 196–9

investors 17

attitudes to risk 14, 196–9, 203,

205, 253–4

emotions see emotions

proling 199–207

types of 11–14, 61