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| Cocktail Economics: Discovering Investment Truths from Everyday Conversations |
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Victor A. Canto
Publisher: Financial Times Press
Copyright: 2007
Format: Cloth; 336 pp
| ISBN-10: | 0132432730 | | | ISBN-13: | 9780132432733 | |
Our Price: £14.99
Status: Instock
Published: 17 May 2007
This title is not for sale to the US or Canada.
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Description
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Utilizing a technique he learned while teaching economics to MBA students at the University of Chicago, Victor Canto uses anecdotes and easy-to-understand examples, analogies, and metaphors to provide simple, conversational, economic explanations to everyday problems and issues of interest. He then goes a step further by relating the discussions to basic investment principles and uses these examples to develop an investment strategy and process which individual investors can actually apply to their own portfolios. The focus of the book is on three things: (1) How does the economy work and how does understanding the economy help the reader become a better investor? (2) Why is it so important to balance "active" and "passive" investing strategies to become a more successful investor? (3) How can readers "read" economic cycles and make appropriate adjustments to their own portfolios? |
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