|  | Author: Mohamed El-Erian
Publisher: McGraw-Hill
List Price: $27.95
Buy Used: $4.98
as of 11/24/2009 00:42 CST details
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New (57) Used (65) from $4.98
Seller: greener_books_london
Rating:  53 reviews
Sales Rank: 14977
Languages: English (Original Language), English (Unknown), English (Published)
Media: Hardcover
Edition: 1
Pages: 304
Number Of Items: 1
Shipping Weight (lbs): 1.5
Dimensions (in): 9.1 x 6.4 x 1.3
ISBN: 0071592814
Dewey Decimal Number: 381.101
EAN: 9780071592819
ASIN: 0071592814
Publication Date: May 23, 2008
Availability: Usually ships in 1-2 business days
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| Customer Reviews:
Showing reviews 6-10 of 53
 Where Are the Customers' Yachts? May 21, 2009
Alex Dilbert (Newport Beach, CA USA)
disappointing book that reads like a collection of memos sent by senior management for quarterly town hall meetings with junior staff. full of clichés, not a single original thought. this is sell-side research as read and poorly regurgitated by a career manager. as unimpressive as the writer's performance record.
Shame on the Financial Times March 30, 2009
Don65
3 out of 3 found this review helpful
It is difficult to understand why the Financial Times would select this book for special recognition. It is also difficult to add anything significant to the many reviews which have already been posted.
The book is self-serving and so full of jargon that it is almost impossible to read. There are probably insights here, El-Erian is undoubtedly a wise and clever man, but the lack of a strong editorial hand has kept the insights well hidden.
This is not the book to read to understand today's financial problems.
 Disappointing for the individual investor March 20, 2009
Frank J. Wassermann (Cincinnati, OH USA)
Like others I read (skimmed) this book (a library copy) because of the hype and endorsements and found it lacking because of (1) lack of focus and generalities and (2) serious lack of actionable advice to individual investors.
I give it 2 stars only because I think it makes a decent case for a greater allocation to non US stocks than most people adopt. Even though the lack of correlation rationale for investing abroad has weakened (as shown in this bear market), there is still a strong diversification case for investment in foreign developed and emerging market companies, and this extends to hedging of currency risk given the probable long term decline of the dollar.
But there is absolutely no insight into factors affecting various allocation strategies for different types of investors or risk profiles, nor any advice about how/when/with whom to ever place money with active managers rather than indexing vehicles.
Perhaps the author will grace the market with a book that addresses these issues for the individual investor at some point.
 A must read January 28, 2009
John P. Dee Jr. (Stamford Ct USA)
1 out of 7 found this review helpful
This book suprised me in that it was a very easy read and yet I came away with a better understanding of the causes of the current economic mess and much more importantly it serves as a valuable guide to market participants so as to aviod future market diasters. John Dee
A pointless insight-free book recommended by Goldman Sachs January 17, 2009
SG
8 out of 10 found this review helpful
Remember how research analysts at Goldman Sachs sold you all those worthless internet stocks. Well now they have given their annual book award to a useless tiresome book. The author makes ominous statements about current "structural transformations" and then disappoints with factoids so mundane and commonplace that even Bloomberg talking heads would be disgusted. Furthermore the author chooses to recycle wisdom from a smattering of recently popular authors (like the combustible, but also pointless, Nassim Nicholas Taleb) and some oldies like Keynes at inappropriate moments throughout his book in a losing battle to seem relevant. Finally, if you read this book you will constantly be baited with phrases like "as I will discuss in Chapter 7". This technique serves to lure readers into thinking that if only they are more patient with the current inanities they are reading, readers will be rewarded with great insights later on. However they are later greeted by phrases like "as I discussed in Chapter...". In the introduction the author talks about detecting signals in market noise. Alas, this book is more noise than signal.
Showing reviews 6-10 of 53
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