Wealth, War and Wisdom

Barton Biggs′s Wealth, War & Wisdom entertains us with a creative juxtaposition of a war narrative and a security market history. As has been the case throughout his remarkable career, Biggs adds to our store of knowledge with his elegant, wonderfully crafted prose."—From the Foreword by David F. Swensen, Chief Investment Officer, Yale University
"Barton Biggs has brought his love of history together with half a century of investment experience and written a remarkably readable book about the destruction of wealth and the wisdom of markets during World War II. It is both scholarly and impressionistic and will likely become a mainstay in the libraries of serious financial people for generations."—Byron Wien, Chief Investment Strategist, Pequot Capital Management, Inc.
At least once in every century there has been an episode of massive wealth destruction. How do you preserve wealth amidst chaos, and are there messages from what has happened in the past? In Wealth, War & Wisdom, renowned Wall Street investor Barton Biggs studies World War II. He notes the surprising and previously unrecognized wisdom of stock markets in discerning the major tipping points. He then examines the performance of different asset classes, and what happened to wealth before and during the war. Filled with in–depth observations and practical advice, Wealth, War & Wisdom provides lessons to be learned as to what steps should be taken to preserve and enhance wealth in times of the most extreme adversity.

Spis treści:
Foreword.
Introduction.
Chapter 1. Listen to the Market Crowd.
Chapter 2. A World Darkened by Fear.
Chapter 3. Stock Markets Struggle.
Chapter 4. "1940: The Most Splendid, Most Deadly Year".
Chapter 5. Besieged and Alone: England in 1941.
Chapter 6. Operation Barbarossa: Germany Attacks Russia.
Chapter 7. Miracles at the Coral Sea and Midway: Japan and America.< br>Chapter 8. Stock Markets Understood: Nobody Else Did.
Chapter 9. The Four Horsemen of the Apocalypse Ride Again.
Chapter 10. France Declines Financially, Economically, and Socially.
Chapter 11. Gone with the Wind: Preserving Wealth in Italy and Germany.
Chapter 12. Stalingrad: The Battle of the Century.
Chapter 13. Defeats and then Victories in Asia and North Africa.
Chapter 14. The Test in Korea: The Last Battle of WWII.
Chapter 15. Preserving Wealth in a Time of Cholera.
Chapter 16. Barbarians at the Gates.
Notes.
Bibliography.
Index.

Nota biograficzna:
Barton Biggs spent thirty years at Morgan Stanley. In that time, he formed the firm′s number one–ranked research department, was chairman of the investment management firm, and then became the firm′s leading global strategist. He was often ranked as the number–one U.S. investment strategist by the Institutional Investor magazine poll and then, from 1996 to 2003, as the top global strategist. In 2003, Biggs left Morgan Stanley and, with two other colleagues, formed Traxis Partners. Traxis now has well over a billion dollars under its management. Biggs′s previous book, Hedgehogging, is an international success.

Okładka tylna:
"Barton Biggs′s Wealth, War &amp; Wisdom entertains us with a creative juxtaposition of a war narrative and a security market history. As has been the case throughout his remarkable career, Biggs adds to our store of knowledge with his elegant, wonderfully crafted prose."—From the Foreword by David F. Swensen, Chief Investment Officer, Yale University
"Barton Biggs has brought his love of history together with half a century of investment experience and written a remarkably readable book about the destruction of wealth and the wisdom of markets during World War II. It is both scholarly and impressionistic and will likely become a mainstay in the libraries of serious financial people for generations."—Byron Wien, Chief Investment Strategist, Pequot Capital Management, Inc.
At least once in every century there has been an episode of massive wealth destruction. How do you preserve wealth amidst chaos, and are there messages from what has happened in the past? In Wealth, War &amp; Wisdom, renowned Wall Street investor Barton Biggs studies World War II. He notes the surprising and previously unrecognized wisdom of stock markets in discerning the major tipping points. He then examines the performance of different asset classes, and what happened to wealth before and during the war. Filled with in–depth observations and practical advice, Wealth, War &amp; Wisdom provides lessons to be learned as to what steps should be taken to preserve and enhance wealth in times of the most extreme adversity.