Investing Without Borders: How Six Billion Investors Can Find Profits in the Global Economy
List Price: | US $27.95 |
Government Price: | US $14.25 |
Investing Without Borders
Investors in the old economy didn’t need to think critically about changing economic or political conditions, not with the enduring dominance of the U.S. economy, but in today’s world, ignoring opportunities outside the U.S. is investment suicide. In his new book INVESTING WITHOUT BORDERS (Wiley; March 2010; $27.95; 978-0-470-49649-7; Hardcover), Daniel Frishberg—Founder and President of BizRadio Network; host of The Moneyman Report; and Chief Investment Strategist for FJSK Advisors—explains how individuals can evolve into Investor 2.0, a new type of investor who takes advantage of the growing world economy.
According to Frishberg, “Short-term traders, long-term investors, beginners, supposed experts—most are mindlessly betting on a resumption of the ‘90s. Frankly, the bet has very low odds of winning, but most Americans aren’t hedging that bet at all. They’re doing nothing to provide themselves a margin of safety in a very iffy situation, because they aren’t thinking. They’re remembering. They aren’t really in love with the investments they now hold. They’re in love with what those investments used to be, and they’re betting everything.”
Investor 2.0 escapes the “herd” mentality that hinders most investors. These investors focus on trying to win versus gaining approval, which always makes them a bad player. They understand the indicators and develop appropriate strategies. They don’t try to read a newspaper, get a tip, and then invest. Understanding they will always be late doing that, instead, they follow along steadily, get in rhythm, and soon will be one of the few who understands the trends as they unfold.
In INVESTING WITHOUT BORDERS, Frishberg provides the skills needed to transform readers into evolved, proactive investors who find diverse opportunities in the emerging economy, and successfully invest—both domestically and abroad.