Book Description
The era of buying and holding stocks is gone-and will not return for some time. Investors need to learn to target where the market is going to be, not where it has been. Knowing where the economy and markets are going is the key to successful investing in the future. Financial expert John Mauldin makes a powerful, almost irrefutable case regarding the future direction of the markets. He then details a new approach to investing that will allow readers to adjust to what he demonstrates is the new reality of investing. Investors need to become familiar with "absolute return" vehicles, including hedge funds, certain types of bonds, and other value-oriented investments, if they intend to make money and retire comfortably. Mauldin argues that traditional stock portfolios should not be the primary investment vehicle for individual investors. Indeed, he credibly argues they will be a disappointment, if not a disaster, over the next decade, mirroring the results of similarly difficult markets like the 1970s. He shows readers how they must look for other options and be wary of the marketing promises and data used by brokers and mutual funds to attract investors. Filled with in-depth insight, copious groundbreaking research and practical advice, Leading the Markets will help readers choose stable and secure investments that will enable them to profit in turbulent markets.
John Mauldin (Richland Hills, TX) is President of Millennium Wave Investments. He has more than 20 years experience in the investment world, formerly serving as CEO of the American Bureau of Economic Research and was a partner in ProFutures Investments. He is a recognized investment expert, particularly on the subject of hedge funds, and is a frequent guest on financial television and radio, including CNBC and nationally syndicated financial radio shows. He is often quoted in the financial press and other financial newsletters, and is a frequent speaker at investment conferences. His own highly regarded e-letter, Thoughts from the Frontlines, goes to over 1.5 million readers each week.
Back Cover copy
"This book has more wisdom per page than any reader has the right to ask for. John Mauldin knows the score and tells the reader how to join him in keeping count."
––Peter L. Bernstein, author of the bestseller Against the Gods
"John Mauldin's widely heralded new book, Bull's Eye Investing, is a breath of fresh air and a treasure trove of market insights and information. When you think you've read 'em all, my suggestion is that you turn to this book. Simply put, Bull's Eye Investing provides information and perspective that you will not find anywhere else."
––Richard Russell, publisher of Dow Theory Letters
"Bull's Eye Investing is a lucidly written, lambently cautionary, edifying, and diverting must-read guide to the ways and means of hitting the gyrating target of a ‘Muddle Through Economy.' Mauldin is the Ben Graham of the new millennium, but unlike Graham, he combines investment savvy with a sense of humor and a gift of style."
––George Gilder, author of Wealth and Poverty and the editor of the Gilder Technology Report
"Mauldin dances and weaves through a mountain of fascinating research, taking us on a well-argued tour of the past and giving us a spellbinding preview of the future. He then lays out in clearly documented detail where the investment opportunities and pitfalls of the next decade will be. In a world where the right investment information is the key to success, Bull's Eye Investing is one book that should be close to every investor's desk."
––Bill Bonner, author of the New York Times #1 business bestseller, Financial Reckoning Day
"This book is lucid, cogent, and useful. Overall, it provides an excellent guide to better investing habits and an effective antidote to standard Wall Street bromides."
––Robert R. Prechter Jr., author of Conquer the Crash
"Finally, an easy-to-read but very comprehensive study on investments in a world where, sadly, common sense is no longer so common."
––Marc Faber, editor of the Gloom, Boom & Doom Report
