Book description
An intriguing look at how past market wisdom can help you survive and
thrive during uncertain times
In Wealth, War & Wisdom, legendary Wall Street investor
Barton Biggs reveals how the turning points of World War II
intersected with market performance, and shows how these lessons can
help the twenty-first-century investor comprehend our own perilous
times as well as choose the best strategies for the modern market economy.
Through these pages, Biggs skillfully discusses the performance of
equities in both victorious and defeated countries, examines how
individuals preserved their wealth despite the ongoing battles, and
explores whether or not public equities were able to increase in value
and serve as a wealth preserver. Biggs also looks at how other assets,
including real estate and gold, fared during this dynamic and
devastating period, and offers valuable insights on preserving one's
wealth for future generations. With clear, concise prose, Biggs
- Reveals how the investment insights of truly trying times can be
profitably applied to modern day investment endeavors
- Follows the performance of global markets against the backdrop
of World War II
- Offers many relevant lessons-about life, politics, financial
markets, wealth, and survival-that can help you thrive in the face
of adversity
Wealth, War & Wisdom contains essential insights that will
help you navigate modern financial markets during the uncertain times
that will increasingly define this new century.
Barton Biggs spent thirty years at Morgan Stanley.
In that time, he formed the firm's number one-ranked research
department, was chairman of the investment management firm, and then
became the firm's leading global strategist. He was often ranked as
the number-one U. S. investment strategist by the Institutional
Investor magazine poll and then, from 1996 to 2003, as the top
global strategist. In 2003, Biggs left Morgan Stanley and, with two
other colleagues, formed Traxis Partners. Traxis now has well over a
billion dollars under its management. Biggs's previous book,
Hedgehogging, is an international success.
