Wealth, War and Wisdom - Brossura

Biggs, Barton

Brossura

ISBN 10: 0470474793 ISBN 13: 9780470474792

Casa editrice: Wiley, 2009

Riassunto

An intriguing look at how past market wisdom can help yousurvive and thrive during uncertain times

In Wealth, War & Wisdom, legendary Wall Streetinvestor Barton Biggs reveals how the turning points of World WarII intersected with market performance, and shows how these lessonscan help the twenty-first-century investor comprehend our ownperilous times as well as choose the best strategies for the modernmarket economy.

Through these pages, Biggs skillfully discusses the performanceof equities in both victorious and defeated countries, examines howindividuals preserved their wealth despite the ongoing battles, andexplores whether or not public equities were able to increase invalue and serve as a wealth preserver. Biggs also looks at howother assets, including real estate and gold, fared during thisdynamic and devastating period, and offers valuable insights onpreserving one's wealth for future generations. With clear, conciseprose, Biggs

• Reveals how the investment insights of truly trying times canbe profitably applied to modern day investment endeavors
• Follows the performance of global markets against the backdropof World War II
• Offers many relevant lessons-about life, politics, financialmarkets, wealth, and survival-that can help you thrive in the faceof adversity

Wealth, War & Wisdom contains essential insights thatwill help you navigate modern financial markets during theuncertain times that will increasingly define this new century.

Su questo libro

L'autore:

BARTON BIGGS spent thirty years at Morgan Stanley. In that time, he formed the firm's number one–ranked research department, was chairman of the investment management firm, and then became the firm's leading global strategist. He was often ranked as the number-one U.S. investment strategist by the Institutional Investor magazine poll and then, from 1996 to 2003, as the top global strategist. In 2003, Biggs left Morgan Stanley and, with two other colleagues, formed Traxis Partners. Traxis now has well over a billion dollars under its management. Biggs's previous book, Hedgehogging, is an international success.

Dalla quarta di copertina:

"Barton Biggs's Wealth, War & Wisdom entertains us with a creative juxtaposition of a war narrative and a security market history. As has been the case throughout his remarkable career, Biggs adds to our store of knowledge with his elegant, wonderfully crafted prose."
—From the Foreword by David F. Swensen, Chief Investment Officer, Yale University

"Barton Biggs has brought his love of history together with half a century of investment experience and written a remarkably readable book about the destruction of wealth and the wisdom of markets during World War II. It is both scholarly and impressionistic and will likely become a mainstay in the libraries of serious financial people for generations."
—Byron Wien, Chief Investment Strategist, Pequot Capital Management, Inc.

At least once in every century there has been an episode of massive wealth destruction. How do you preserve wealth amidst chaos, and are there messages from what has happened in the past? In Wealth, War & Wisdom, renowned Wall Street investor Barton Biggs studies World War II. He notes the surprising and previously unrecognized wisdom of stock markets in discerning the major tipping points. He then examines the performance of different asset classes, and what happened to wealth before and during the war. Filled with in-depth observations and practical advice, Wealth, War & Wisdom provides lessons to be learned as to what steps should be taken to preserve and enhance wealth in times of the most extreme adversity.

Su questa edizione

• Editore: Wiley
• Data di pubblicazione: 2009
• ISBN 10: 0470474793
• ISBN 13: 9780470474792
• Rilegatura: Copertina flessibile
• Numero edizione: 1
• Numero di pagine: 368