Hundreds of personal investment books can tell you what various securities are and what they do, but The New Era Of Investing: What Crises And Globalization Mean For Indivdual Investors tells you how they really work. It is filled with been-there, boots-on-the-ground insights from a veteran investor, trader, and advisor to governments, and it goes beyond conventional investments to explain emerging markets, commodities, and market-moving events that at the time befuddled those of us who remember them. If you read only Simon’s discussion of liquidity – a subject conspicuously ignored by most investment authors – your time and money will have been well spent, and his chapters about technical analysis, commodities, and emerging markets are by themselves worth the price of this book. You’ll find actionable wisdom and understanding in these pages.
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