Economics Books

Do you consider yourself a long-term investor? If so, chances are you have parked your money with an advisor and pay little attention to its performance and even less to the amount of risk in your portfolio. You may be told by Wall Street to buy stocks or funds and hold them, or to create a diverse portfolio to protect yourself from risk and downturns in the market. Truth be told, new studies show this approach may not be serving the long-term investor well.In his new book, Roger Davis reveals point-blank that Wall Street’s just not that into you. Drawing on an investment career spanning more than two decades, Davis delivers a dynamic and deadly accurate analysis of Wall Street’s “one-size-fits-all” approach—and why even wealthy investors should be wary.Davis, who has two decades of experience managing funds, raises valid questions about traditional investment techniques, exposing the inherent dangers of relying on any one technique as a primary risk management tool. As a reader, you will be taught critical, innovative strategies like how to stress test your portfolio and “lose your losers.” Davis reveals that most investors are less concerned about making a sizeable return on their investments than they are about protecting their wealth; yet many investors have the same unprotected exposure to the stock market that they did in 2008. This book offers investors specific steps they can take to reduce investment risk and the right questions to ask of their current advisors to understand whether they should make a change. Refreshingly candid and highly informative, Wall Street's Just Not That Into You offers a bold and thought-provoking alternative to the many books that offer up the same old principles of years gone by.

This authoritative and accessible investment classic promises rare insight into what it really takes to run money in a top-performing investment fund. Anthony Bolton , the UK’s most successful stock market investor, tells the story of his contrarian approach to managing money. He provides invaluable lessons on the factors that really matter in picking a the need to identify good managers, how to run a portfolio, the importance of value investing, reading charts and how to trade successfully. It’s not easy to continually buy low and sell high. This book gives clear directions for doing well in the stock market, and doing well consistently . Investing Against the Tide shows you how to make the right decisions at the right time. Anthony Bolton is considered the UK’s most successful stock market investor and fund manager. Over twenty five years he delivered a market-beating return of 20% in his Fidelity Special Situations Fund . How did he do it, and what can you learn from him? In Investing Against the Tide , Anthony Bolton tells the story of his contrarian approach to managing money. He provides invaluable lessons on the factors that really matter when how to pick a stock, the need to identify good managers, how to run a portfolio, the importance of value investing, reading charts and how to trade successfully. In this account of financial accomplishment, Bolton reveals the secrets of his success. It’s not easy constantly to buy low and sell high and this book gives clear directions for doing well in the stock market, and doing well consistently. Chapter by chapter Investing Against the Tide shows you how to make the right decisions at the right time and featured key lessons show you how you really can learn from a life running money. Investing Against the Tide is an authoritative guide for investment professionals, offering them a rare insight into what it really takes to run money in a top-performing fund, as well as providing amateur investors the chance to learn the stock-picking strategies from a leading money-manager. About the author Anthony Bolton left Cambridge University with a degree in engineering to begin a career in the City. He started as a graduate trainee working for Keyser Ullmann in 1971 before taking up a full time position as an assistant in their investment department. In 1976 he moved to Schlesingers where he became, for the first time, an investment manager. In 1979, aged 29, he was recruited by Fidelity, the international fund management group, as one of its first London-based investment managers, a move that proved to be the launch of a long and successful career. In surveys of professional investors, he is regularly voted the fund manager most respected by his peers. He retired from full-time investment management at the end of 2007, but continues to work at Fidelity as a mentor of the analysts and younger fund managers as well as being involved in overseeing Fidelity’s investment process. His hobby is composing classical music. Anthony Bolton is married with three children and lives in West Sussex.

Asia is now the world's #1 growth story. Farsighted investors will realize enormous profits by investing in companies that benefit from Asia's historic transformation. In The Silk Road to Riches, a team of world-class financial analysts and newsletter editors point you to the right companies, the right sectors, and the right strategies.

A decade has passed since the launch of Singapore's first REIT, Capita Mall trust in July 2002. Despite that, REITs are not as popular as they deserve to be and continue to be plagued with misperceptions. Singapore REITs are one of the few businesses that offer a direct play on the domestic economy and have proven their resilience through market cycles. This book takes a deep and fundamental look at this asset class and explains why every investor should take a serious look at REITs. Building Wealth Through REITs simplifies REIT investing without sacrificing depth of knowledge. It discusses common perceptions about REITs and why many of them don't hold up to scrutiny. The book contains in-depth interviews with CEOs of major S-REITs that will stimulate your thinking and further your knowledge of various REITs. The book targeted at both novice and sophisticated investors will help you master the fundamentals of REITs and deepen your understanding of this asset class. It provides practical guidance on building a strong and high performing REIT portfolio, one that can set you on the path to financial freedom much earlier than you thought possible

John Neff is a life-long contrarian, proving time-and-again over the past three decades that bucking the system can pay off big. During his illustrious career as a money manager, Neff flew in the face of conventional wisdom by consistently passing over the big growth stocks of the moment, in favor of inexpensive, under performing ones-and he usually won. During his thirty-one years as portfolio manager for Vanguard's Windsor and Gemini II Funds, he beat the market twenty-two times, through every imaginable stock market climate, while posting a 57-fold increase in an initial stake. When Windsor closed its doors to new investors in 1986, it was the largest mutual fund in the United States.Now retired from mutual fund management, Neff is finally ready to share the investment strategies that earned him international recognition as the "investor's investor," and made him the one to whom other money managers come to manage their money. In John Neff on Investing, Neff delineates, for the first time, the principles of his phenomenally successful low p/e approach to investing, and he describes the strategies, techniques, and investment decisions that earned him a place alongside Warren Buffett and Peter Lynch in the pantheon of modern investment wizards.Packed with solid advice and guidance for anyone who aspires to using Neff's unique brand of value investing, John Neff on Investing offers invaluable lessons on using price-earnings ratios as a yardstick, to zeroing in on undervalued stocks, interpreting earnings histories and anticipating new market climates. A narrative of Neff's early days-My Road to Windsor-reveals the extraordinary mindset and humble circumstances that shaped his winning investment philosophy. By reproducing excerpts from his personal investment diaries, this book offers a unique opportunity to watch Neff in action over the years. A faithful, quarter-in-quarter-out chronicle of a life on Wall Street, the diaries provide unprecedented insights into the thinking behind some of his best (and worst) investment decisions, while tracing the evolution of his innovative investment style.The first book to fully reveal the long-heralded investment strategies of a Wall Street genius, John Neff on Investing is must reading for investors, brokers, traders, and bankers of every kind.JOHN NEFF, until his retirement in 1995, was Senior Vice President and Managing Partner of the Wellington Management Company, the Windsor Fund's investment advisor.S.L. MINTZ, is New York Bureau Chief of CFO Magazine, a publication of the Economist Group dedicated to the latest financial thinking and how it is being implemented in today's markets. His other books include Beyond Wall Street (Wiley, 1998) and Five Eminent Contrarians.

Following the success of her first two books, Talk Money and More TalkMoney, financial journalist Lorna Tan is back with her third personalfinance guide, this time focusing on retirement planning.In this compilation of articles published from 2015 to 2017, The SundayTimes Invest Editor cuts through complex financial concepts, schemesand jargon to help the layman make sense of what is important forplanning his financial future and growing his nest egg.The timely topics covered include tips on making the most of the variousCentral Provident Fund schemes and enhancements, plugging gaps inones insurance coverage, and investing smartly without falling prey toscams. There are also sections devoted to legacy planning, credit anddebt planning and consumer protection.Suitable for both the fresh school graduate and the more seasonedinvestor, Retire Smart will empower them to take charge of theirfinancial journey as they look ahead to retiring well.The selection of articles includes:-10 ways to hack the CPF system-$1m in CPF by age 65-Your wealth and how to trust it-New grad? Never too early to think of retirement-Deep in debt? Theres help-When things get critical, how healthy is your plan?-Lessons on bond investments- Dont rush into investments linked to virtual currencies

This book is perfect for investors who are looking to improve their trading strategies and achieve maximum results. The author emphasizes the importance of identifying big market trends rather than focusing on daily trading. He provides readers with expert knowledge on major market indicators and empowers them with stock and options selection techniques that work in virtually every type of market. This book is essential for anyone who wants to master trading and achieve big returns.

In the high-level yet down-to-earth style for which McGraw-Hill's Streetsmart Series is known, STREETSMART GUIDE TO VALUING A STOCK covers everything from basic stock valuation to more advanced valuation models and techniques. Its nuts-and-bolts, nontheoretical methods will be invaluable in helping you locate and analyze undervalued stocks. "The book outlines the fundamentals of making an investment decision in a stock based on a reasoned evaluation of that stock's worth. The writing is direct, logical, and remarkably interesting..." - William R. McLucas, Partner, Wilmer, Cutler & Pickering, Former Director, Division of Enforcement U.S. Securities & Exchange Commission. "The authors have taken one of today's rarest commodities—good common sense—and applied it to one of today's most vexing challenges—valuing a stock. This book is a valuable tool for anyone participating in the stock market." - Warren A. Stephens President & CEO, Stephens, Inc. "Today's stock market is more complex and volatile than ever. A stock's price does not necessarily represent the intrinsic value of the company. I believe that we all need the safety net of cash flow valuation to make prudent investment decisions. Many Wall Street analysts would benefit from reading STREETSMART GUIDE TO VALUING A STOCK, and I will recommend it to all of my institutional clients." - M. Clara Tucci, Managing Director—International Equity Sales, ING Baring Furman Seltz. "This is a terrific book for investors! In a witty, fresh style the authors explain how to value a company's stock by using an easy-to-understand, 4-step approach. They explain what numbers are required, where to get them quickly, and how to use them." - Charles C. Snow, Ph.D., International Education Program Lecturer on Strategic Management, Mellon Bank Professor of Business Administration, The Pennsylvania State University.

This book is recommended for those interested in investing in resource markets. Adrian Day provides a comprehensive analysis of the resource market, discussing the challenges and rewards associated with such investments. He helps readers gain insight into the factors that drive resource prices higher by explaining the changing resource industry and the "Super Cycle." Day also provides guidance on how to invest in base metals, gold, silver, and agriculture while outlining the political, environmental, and social risks inherent in resource markets. If you are looking to invest in resource markets and want to minimize risks, this book can be an excellent guide.