Cocktail Economics : Discovering Investment Truths from Everyday Conversations (Paperback)

The focus of the book is on three things:
(1) How does the economy work and how does understanding the economy help the reader become a better investor?
(2) Why is it so important to balance "active" and "passive" investing strategies to become a more successful investor?
(3) How can readers "read" economic cycles and make app Paper backropriate adjustments to their own portfolios? For Sale in Indian subcontinent only

Features
What can moonshine, mountain climbers, power plants, salmon, football players, Britney Spears, and Brad Pitt teach us about investing?

* The author presents entertaining and intuitive insights into superior investment strategies you can app Paper backly today.
* Uses everyday examples, anecdotes, and metaphors to explain basic truths of "passive" and "active" investing and how to use both to best advantage.
* Helps readers construct their own winning investment plans, step-by-step, from start to finish.

Contents
Introduction: The Above-Average Opportunity
* The Buy-and-Hold Connection: Investing Fundamentals, Courtesy of the American Homeowner, the American Dream?or Reality?
* Leaping the Transaction-Cost Hurdle: Sometimes It?s Easy, Other Times It?s Not.
* Dressing Appropriately for the Stock Market: The Potential Payoffs of a Switching Strategy.
* Catch Elasticity If You Can: An Introduction to Industry Behavior.
* Putting High-Beta to Work: Industry-Based Portfolio Strategies.
* California Is a Country: An Introduction to the Location Effect.
* And France Is a State: How to Invest Internationally in the Age of Globalization.
* Pipelines to Our Investment Returns: How We Get What We Want, in the Amount We Want, and When We Want It.
* Who Are You? Investor Profiles and the Case for Asset Allocation.
* Your Benchmark Portfolio. . .and Beyond.
* Turning Smoke into Signals: How to Make the Most Out of Price Data.
* Making Hay While the Sun Shines: The Case for Predicting, Forecasting, and Timing.
* The Fight Is On: How to Invest Properly Relative to Regulations, Inflation, and Taxation.
* Ending the Never-Ending Debate: Active vs. Passive Investing and Why You Can Take Both Sides.
* A Rational Walk Down Wall Street: Darting Between Passive and Active When the Odds Are in Your Favor .
* Alpha Bets: The Case for Hedge Funds and a Greek Letter You?ll Want in Your Portfolio.
* Tilting Toward Success: A Step-by-Step Guide to Above-Average Asset Allocation.