READ KINDLE ó The Bear Book: Survive & Profit in Ferocious Markets ⛓ eBook or Kindle ePUB free

READ KINDLE Ù The Bear Book: Survive & Profit in Ferocious Markets ß The Bear Book focuses on protecting assets and minimizing losses during a bear market and on taking advantage of unique opportunities for profit John Rothchild chronicles the long history of bear markets, exploring in detail exactly what constitutes a bear market and how it affects us Along with his own expertise, the author draws on respected and knowledgeable names such as Jim Rogers, Jim Grant, and Martin Zweig, among a host of prominent investment advisors, strategists, and fund managers The result is a comprehensive chronicle that deftly and definitively fills the bearish information gap Rothchild distinguishes the characteristics of past bear markets, examining what triggered them, how long they lasted and why He probes the unique psychology of bearish investing, concentrating on which types of investments generally do well during a downturn in the market His answers to some questions clarify, among other key issues, what can happen to mutual funds in a bear market, and exactly what the dangers are of selling short Of critical importance is Rothchild s overview of the alternatives to stocks, including gold, bonds, and money market funds, as well as tips on what stocks to buy when the market starts to turn bullish again For historical perspective, The Bear Book also includes a unique and eye opening account of the Crash ofand its survivors Profiles of prominent bearish investors Roy Neuberger and Philip Carret, among them contain illuminating long term perspectives on the ups and downs of the stock market over the past fifty to seventy five years The book doesn t really have good advice on how to profit in a bear market It has some advice on spotting the signs of a bear market but the last 100 pages digress significantly into telling the lives of rich people who made a profit in bear markets and other stories not tied to the theme of the book and becomes a bit of a drag. John Rothschild, bearing no relation to the pecuinary poohbahs of the Rothschild family, gives a fasinating book on the reclusive bear The bear of course being the downturn markets that still germinate to big rewards for the gadflys and wolf criers of the finance world In a lot of ways, it reminded me of Michael Lewis s The Big Short a well written suspenseful book about rogues who bet against the housing market in 2007 and won big time Of course we are reminded that short selling is ext John Rothschild, bearing no relation to the pecuinary poohbahs of the Rothschild family, gives a fasinating book on the reclusive bear The bear of course being the downturn markets that still germinate to big rewards for the gadflys and wolf criers of the finance world In a lot of ways, it reminded me of Michael Lewis s The Big Short a well written suspenseful book about rogues who bet against the housing market in 2007 and won big time Of course we are reminded that short selling is extremely risky, and very few people have gotten rich through this method.The book is accessible, and sums of the basics like the price earnings ratio, how to spot a bear, and some of the historical patterns where the stock market was in the tank depression, 1976, 1987 Chapters are easy to move through, and the themes stay pretty near to the top with not too many details to drag the book down One of the other interesting points of the book is its timing Ah yes, those blissful 90s So it s an artifact from 1998 of a voice of caution in an otherwise confident sunny economic time We would be wise to rememeber it s cautionary lesson of irrational exuberance, and the reminder the bull is just around the corner