The Either/Or Investor
How to Succeed in Global Investing, One Decision at a Time
1 of 1 copy available
According to Winter, investing comes down to making choices. All great investors employ an "either/or" filter for evaluating and simplifying the many investment opportunities available to them. The Either/Or Investor reveals how you can emulate this thought process while remaining realistic about your own goals and needs, and gives you the tools to choose among the options that modern investors face, such as:
—Fear versus greed: In an anxious post-9/11 world, discover when it's smart to make an aggressive financial move.
—Developed world versus developing world: Find out if you should stick with opportunities in the United States or risk those available in the emerging economies of China, Russia, India, Mexico, and Turkey.
—Anti-immigration versus migration of talent: Learn to evaluate the products that immigrants introduce to the rest of the world in order to assess the value in investing in American companies that cater to new immigrant groups.
—Too much information versus too little information: Use the Internet, newspapers, and TV to your advantage. (For example, get the pros and cons about China's growing economic power so you can become informed enough to act.)
—Rising interest rates versus falling interest rates: Understand how changing interest rates are a good barometer for how to spend your money.
Winter shows how anyone can learn to make sound decisions in a changing world by discerning trends early in an investment cycle, and then taking advantage of these trends or steering clear. Winter also explains how to choose a money manager and how to determine what the next investment opportunities might be.
Armed with Winter's methods, any investor can improve his or her own investment prowess. The Either/Or Investor is a way—both judicious and daring—for choosing a better future.
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Creators
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Publisher
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Release date
October 6, 2008 -
Formats
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OverDrive Listen audiobook
- ISBN: 9781400128112
- File size: 201136 KB
- Duration: 06:59:01
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Languages
- English
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Reviews
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June 23, 2008
Winter, managing director at Goldman Sachs, delivers an admirably clear and encouraging guide to informed investing that is refreshingly free of jargon, theory or scare tactics intended to propel individual investors into his firm’s advisers’ waiting arms or related mutual funds. Winter also shies away from the standard introduction to broad concepts that leave readers ready for a pop quiz, but unclear as to how they will make any money. Instead, his direct approach hones in on the four cardinal rules to navigate through the “noise machine” that is the investment industry and to prevent investors from falling prey to “clever sales pitches or... hubris.” He champions simple and pragmatic binary thinking (“the developed world versus the developing world,” “Tokyo or Shanghai,” “fad versus trend”) to decide which investment possibilities to pursue. Even more usefully, he explains how investors have been making money recently and points readers in the direction he believes future profits will most likely be found. Novices and seasoned investors alike will find much to relish in this crash course in making sound investment choices.
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