Category Economics

Pragmatic Capitalism

Pragmatic Capitalism
By Cullen Roche
Palgrave Macmillan
Retail Price $28.00
Amazon Price: $20.32

Book Description: 

Being successful in the modern world of finance requires a more in-depth understanding of our global economies on a macro level. What does a shifting demographic cycle mean? How does the explosive growth of emerging markets matter? Why does the world’s population affect my portfolio? Does the global monetary system impact my results this year? How does government intervention in markets impact my strategy? In Pragmatic Capitalism, Cullen Roche explores how our global economy works and why it is more important now than ever for investors to understand macroeconomics. Cullen Roche combines his expertise in global macro portfolio management, quantitative risk management, behavioral finance, and monetary theory to explain to readers how macroeconomics works, and provides insights and suggestions for getting the most out of their investment strategies. This book will uncover market myths and explain the rise of macroeconomics and why it impacts the readers’ portfolio construction. Pragmatic Capitalism is a must for any sophisticated investor who wants to make the most of their portfolio.

Review

 

While this is essentially an investment book, the author also covers a wide variety of topics giving the reader a broader look at economics and finance.  He has a unique view of investing and lays out many good lessons for those willing to listen and learn.  If you are a novice, you might want to start somewhere else, but this book is great for someone with a finance or economics background.   Once started, I couldn’t put it down and I’m now rereading it. I have found the author’s outlook and advice invaluable.

~Reviewed by Rich W.

 

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