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Recommendations: 1
The book is informative and John Maudlin offers a comprehensive look at ways to invest in a Secular Bear Market. He runs thoroughly thru what has happened historically in the markets and compares to our current situation which he refers to as a Muddle Through Economy or currently a Muddle Through Decade.
In many of the chapters, he collaborates with others who he feels is an expert in a particular area. Generally, I think this book is directed to money managers not individual investors.
John is not a money manager. He connects accredited investors ($1,000,000 net worth or $200,000/year income) interested in his ideas to the firms he has a relationship with and then they share any income generated.
He offers a lot of good sources throughout the book. He recommends gold and hedgefunds. He stresses being in Value stocks and to be in investments where the market is going not where the market has been. He also recommends being diversified. He suggests waiting on Bonds in a few years but recommends them nonetheless. He suggests finding a bond manager with reasonable few structure. Getting a book on bonds, not just a paragraph mentioned in an investment book, is the way to learn.
John Maudlin enjoys doing what he does best reading other newsletters and writing his own weekly newsletter that has currently has a readership of 1,500,000 subscribers. You can sign up for his newsletter at http://www.2000wave.com/gateway.htm and have his newsletter delivered to you e-mail box.
Kmote
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Recommendations: 0
I thought the book was great. I've been a long time reader of his newsletter and have gotten into the habit of redlining many of his posts. I've pulled all of my money out of the market, but still keep a keen eye on what's happening. I may not reinvest for years to come.
Zen Thailand.
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Recommendations: 0
I've read the book. I found it to be well researched and thought provoking. Whether his prediction of a long term secular bear is correct or not we will have to wait and see. However properly assessing value plays in a bear market has worked in the past (it worked from 2000-2003 also) so I no reason to be "out of the market" if actively managing a portfolio. On the other hand, if most of your money is tied up in index funds, being out of the market may be the best idea.
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