A new approach for investors focusing on hedge funds, some bonds and other investments to adjust to what the author believes in the new reality. The era of buying and holding stocks is gone and will not return for some time. Investors need “absolute return” vehicles.
Book Details:
- Author: John Mauldin
- ISBN: 9780470361252
- Year Published: 2004
- Pages: 432
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
A new approach for investors focusing on hedge funds, some bonds and other investments to adjust to what the author believes in the new reality. The era of buying and holding stocks is gone and will not return for some time. Investors need “absolute return” vehicles.
AUTHOR PLATFORM: For the past few years, Mauldin has increased his exposure online with several newsletters including Frontline and Accredited Investor which read 1,500,000 readers each week. In addition to his own website, Mauldin’s newsletters appear on some 2 dozen other websites including Gold Eagle, Safehaven, etc. ENDORSEMENTS: Testimonials from Peter Bernstein, Bill Bonner, George Gilder, and more. STRONG TOPIC: The book does not a take a doom or gloom approach but instead examines why today’s economy is closer to that of the 1970s and with rare exceptions, stocks should not be the primary investment vehicle for individuals. Author attacks the marketing and data used by brokers and mutual funds to attract investors.
About the Author
John Mauldin (Houston, TX) is president of Millennium Wave Investments. He has more than 20 years experience in the investment publishing arena and served as CEO of the American Bureau of Economic Research and was partner in ProFutures Investments. Like Weiss, Bonner and Prechter, Mauldin has established himself as a savvy observer of the economy and investment arena and has built a loyal following (numbering in the millions) who want to read his “take” on the markets. He is a recognized investment expert, particularly on the subject of hedge funds and has appeared on CNBC, local Dallas media and radio. He is often quoted in financial press and other financial newsletters.