In the past decade, the United States experienced two periods of excessive growth periods followed by two massive collapses: the technology and housing bubbles. Both were caused by illusions of growth and wealth creation: They were built on thin air. As an investor, how can you distinguish between afakea wealth and the real thing? Where can you earn solid returns without falling victim to bubbles? Read The Great Deleveraging and find out. Former Wall Street analyst, strategist and Associate Director of Equity Research Chip Dickson and leading global business scholar Oded Shenkar first identify the policies and characteristics of societies most likely to generate real economic growth and investor wealth. Next, they outline specific lessons learned about bubbles and growth from nearly a century of investment returns. Finally, they identify global markets and sectors poised for high levels of sustainable growth--and make specific investment recommendations for each of them. In the wake of massive debt creation, historyas greatest deleveraging is now underway. For many investors, the next decade will be brutal. This bookas messages are designed to achiever real profits and real wealth creation. They are meant to help you navigate a challenging environment--and, hopefully, thrive. As seen on TheStreet.comAs bad as the equity market was in the 1930s, the decade would include two of the best return years in stock market history ... During 1933 the stock market rebound represented a continuation of a market rally that began in June 1932 from theanbsp;...
|Title||:||The Great Deleveraging|
|Author||:||Chip Dickson, Oded Shenkar|
|Publisher||:||FT Press - 2010-08-11|