Investing Under Fire

In Investing Under Fire thirty of America's top money managers, market strategists, and political, academic, and business experts provide lessons on how to interpret and navigate through these tumultuous times.

In our post-bubble, post-9/11 world, we are attempting to work through one of the most complex cycles of uncertainty in memory. The last three-year collapse in stocks ended in 1941, when the United States, not yet a global power, was already at war. The current three years’ toll on investors’ wealth has been staggering. Many investors are angry, almost all are disappointed, and many feel betrayed. In addition to risks posed by terrorism and geopolitical uncertainty, market participants have experienced extremes of volatility and vulnerability, a string of high-profile corporate scandals, and questionable information coming from Wall Street analysts. Whom can investors turn to for guidance and defensive strategies in this menacing environment?  

In Investing Under Fire, thirty of America’s top money managers, market strategists, and political, academic, and business experts provide lessons on how to interpret and navigate through these tumultuous times. Assembled by veteran market commentator Alan Ackerman, these expert views are arranged in five discrete sections, each shedding light on the hazards—and the opportunities—that lie ahead for investors amidst the crossfire in our uncertain times.  

Among success strategies offered by world-class money managers:

Part 1 opens with eminent Vanguard founder John Bogle’s exposé of the mutual fund industry’s errant evolution and prospects for renewal;

Part 2 describes key sectors—from gold to biotech to the China market—that may well offer promise for shell-shocked investors;

In Part 3, “Tools of the Trade,” are reliable research sources and legal recourse available to market players;

Part 4, describing selected innovative companies that have faced dynamic and uncertain market conditions and succeeded, provides examples of what investors should look for between the lines of the typical annual report.

Part 5 lays out prospects in geopolitics and implications for markets and investors.

Investing Under Fire is the first book of its type to look at the broadest set of issues domestic and international investors need to consider to rationalize risk and select the right financial opportunities for the future. No market player should proceed without first reading this provocative and timely resource.

BOOK DETAILS : CONTENTS INCLUDE :

Part One: Pitfalls and Hazards Facing Today's Investor

1: Today's Mutual Fund Industry: Back to the Future

John C. Bogle

2: Going Against the Grain

Ned Riley

3: The Importance of Being a Stock "Detective"

Foster Friess

4: The Search for Value

William C. Nygren

5: Technical and Sentiment Analysis--Timing, Discipline, and Contrary Thinking

Bernie Schaeffer

6: Inefficiencies in the Market

Louis G. Navellier

7: Ten Rules for Becoming Wealthy

Craig Brimhall

Part Two: Key Sectors Driving Market Opportunity

8: The Unquenchable Thirst for Oil

James T. Hackett

9: The Predictive Power of the Bond Market

Anthony Crescenzi

10: Gold and Monetary Disorder: Three Bullish Gold Price Scenarios

John C. van Eck

11: Gold's Precious Secret: It's Money

James Turk

12: Small-Cap Stocks in an All-Weather Portfolio

James D. Awad

13: The Bright, the Brave, the Biotech

Mark Monane, M.D., M.S.

14: Foreign Direct Investment in Emerging Market Countries: A Calculated Risk

Vladimir L. Kvint

15: The Changing Spectrum in Asia

Robert D. Hormats

Part Three: Tools of the Trade for Today's Investor

16: Equity Research and the Investor's Right to Know

Hendrik Kranenburg

Sam Stovall

17: The Promise and Peril of Fund Investing

Brian Portnoy

18: A Standard of Value

Jean Bernhard Buttner

19: A Sounding Board for Business

Randall Poe

20: Sarbanes-Oxley Act and Securities Fraud

Lewis D. Lowenfels

John D. Tortorella

Part Four: Corporate Models of Excellence in Challenging Times

21: Toyota’s Responsibility to People, Process, and Environment

Toshiaki Taguchi

22: Middle-Market Mortgages ... Then More

Kerry Killinger

23: Transforming Whole Beans to "Coffee Experience"

Orin C. Smith

24: Immigration and Education: Two Great Resources

John T. Kernan

Part Five: Geopolitical Implications for Today's Investor

25: Investing in Our Physical and Fiscal Security

Jules Kroll

26: Waging a Different Kind of War

General Wesley Clark

27: Prospects for Containing Future Terrorism

Graham Allison

28: Shifting Sands in the Middle East

Ambassador Dennis Ross

29: Peace, Democracy, and Free Markets in the Twenty-First Century

Michael Mandelbaum