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by: Mohamed El-Erian  List Price: $27.95 Amazon.com's Price: $18.45 You Save: $9.50 (34%)Prices subject to change. Availability: Usually ships in 24 hours
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Binding: HardcoverDewey Decimal Number: 381.101 EAN: 9780071592819 Edition: 1 ISBN: 0071592814 Label: McGraw-Hill Manufacturer: McGraw-Hill Number Of Items: 1 Number Of Pages: 304 Publication Date: May 23, 2008 Publisher: McGraw-Hill Studio: McGraw-Hill Related Items:
Browse for similar items by category: Click to Display Editorial Review: Product Description: "ONE OF THE SMARTEST INVESTORS ON THE PLANET."--MONEY MAGAZINE “This book is an essential read for those who wish to understand the modern world of investing.” —Alan Greenspan When Markets Collide is a timely alert to the fundamental changes taking place in today's global economic and financial systems--and a call to action for investors who may fall victim to misinterpreting important signals. While some have tended to view asset class mispricings as mere “noise,” this compelling book shows why they are important signals of opportunities and risks that will shape the market for years to come. One of today's most respected names in finance, Mohamed El-Erian puts recent events in their proper context, giving you the tools that can help you interpret the markets, benefit from global economic change, and navigate the risks. The world economy is in the midst of a series of hand-offs. Global growth is now being heavily influenced by nations that previously had little or no systemic influence. Former debtor nations are building unforeseen wealth and, thus, enjoying unprecedented influence and facing unusual challenges. And new derivative products have changed the behavior of many market segments and players. Yet, despite all these changes, the system's infrastructure is yet to be upgraded to reflect the realities of today's and tomorrow's world. El-Erian investigates the underlying drivers of global change to shed light on how you should:
Offering up predictions of future developments, El-Erian directs his focus to help you capitalize on the new financial landscape, while limiting exposure to new risk configurations. When Markets Collide is a unique collection of books for investors and policy makers around the world. In addition to providing a thorough analysis and clear perspective of recent events, it lays down a detailed map for navigating your way through an otherwise perplexing new economic landscape. Average Rating:
 Rating:  - Probably false back cover reviewsThis book got my attention after I saw Alan Greenspan had commented on it on the back cover. Surprised at first as he rarely recommends books publicly, I decided to check into it. Sadly, the book was terrible. It is very convoluted and difficult to understand and didn't not present any non-elementary insight. Mohamed's book reminds me of a prof I had in college who would love to use big words but say absolutely nothing. Nothing is new here. Basically Mohamed El-Erian is a Oxford graduate ... Read More Rating:  - GoodThis booke seemed to be a mosthy a discussion of emerging China and its interaction with the ecomonies in the developed countries. I believe that the book has increased my understanding on this subject a lot. Rating: - Not worth readingI do not believe that this book is worth buying or reading because of three factors: 1. It contains minimal advice for investors wishing to change their investment strategies. 2. It is written for an audience for professional economists with advanced degrees. 3. The editing of the text is very poor. Each chapter contained multiple references to something "that I will deal with in the next chapter" or "that I covered in previous ... Read More Rating:  - Not for the average investorMr. El-Erian's book reflects his high-level knowledge and understanding of economic issues. It is perhaps suitable for people at his level, policy makers etc. However for individual investors it is not worth the money, nor the time reading it. His writing style is exasperating as it sounds much like some Harvard publications. His long, complex sentences are time-consuming to understand. He loves to use all the most recent jargon to impress his readers. His ultimate recommendation for investing for the ... Read More Rating: - An important weaknessEl-Erian's strength is in identifying and explaining the "major fundamental transformation" that is going on. After discussing the transformation and emphasizing the investment needs for internationalization, foreign currencies, and inflation hedges, he discusses asset allocatrion. His asset allocation table and discussion are fine, except for one glaring ommission. He never mentions managed futures. In an investment environment that appears to be negative for both debt instruments and equities, ... Read More 
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