Divorcing the Dow: Using Revolutionary Market Indicators to Profit from the Stealth Boom Ahead by Jim Troup & Sharon Michalsky
$12.71
Divorcing the Dow ia an investment approach that unlocks the secret of market patterns. Based on over forty years of combined author experience as portfolio managers and financial advisors, Divorcing the Dow presents a timely framework for understanding and investing in market cycles. Authors Jim Troup and Sharon Michalsky believe that the Dow Jones Industrial Average is no longer a relevant indicator of market performance; in fact, they feel that watching the Dow may actually obscure indications that the financial markets are poised to experience a boom that dwarfs anything seen before.
Based on in-depth research and field-tested in their own successful management of millions of dollars in personal and corporate assets, Divorcing the Dow introduces investors to a revolutionary paradigm for assessing the markets and making investment decisions. Troup and Michalsky’s approach focuses on analyzing patterns of productivity as a way to anticipate market cycles and investment potential-and with this book they’ve outlined how investors can begin to recognize these patterns themselves. Divorcing the Dow provides investors with a new framework for thinking about financial markets and gives readers specific investment techniques to anticipate the market’s direction and identify companies poised for sustained productivity and long-term growth.
Contents:
- Breaking Up Is Hard to Do
- The Financial Frontier
- 911
- The Necessary Revolution
- A Parallel Universe
- Artificial Intelligence
- New Logic
- We Will Be Able to Say, “We Were There at the Beginning”
Divorcing the Dow: Using Revolutionary Market Indicators to Profit from the Stealth Boom Ahead By Jim Troup and Sharon Michalsky pdf
| Author(s) | |
|---|---|
| Format | |
| Pages | 273 |
| Publication Year | 2003 |
5 reviews for Divorcing the Dow: Using Revolutionary Market Indicators to Profit from the Stealth Boom Ahead by Jim Troup & Sharon Michalsky
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Josiah Espinosa (verified owner) –
Readers of Divorcing the Dow will emerge with an understanding of the twenty-first century investment culture and a renewed enthusiasm for equities investments. It is insightful, thought-provoking, and refreshingly specific. Every investor and potential investor should read this book.
Wade Cordova (verified owner) –
After watching a goodly portion of my portfolio melt away over the past few years, I was not only sleepless with anxiety but also furious at my financial advisor and at the financial community and corporate America in general. When I found and read this remarkable book, “Divorcing the Dow,” I understood WHY the majority of the so-called financial “experts” were and continue to be so completely off-base, living in and advising on outmoded investment vehicles, as their clients’ hard-earniend dollars go swirling down the drain! I likewise saw clearly how to intelligently and safely invest my remaining discretionary funds for maximum results in terms of my future goals.
I cannot underestimate my sense of relief and also my gratitude for this lifechanging book. The authors have done a prodigious amount of research. More than that, their brilliant conclusions appear to be sound and right on target. This is a one-in-a million book that should be a must-read for anyone who wants to see their savings grow the most effective way possibie. It is also, to my mind, a must-read for every single individual in the financial community. To NOT read this book is to remain in the dark ages of investing, and to lose out on the opportunity to profit enormously from the new investment culture that is right in place sight but invisible to those stuck in the status quo. I read constantly, and I can tell you that this book is the absolute best of the bunch – the real thing.
This review is from my heart – I know how I have suffered, watching my money – including money I inherited from my parents -just evaporate. Read “Divrocing the Dow” more than once. Give it to everyone you know. I did. I have also sent a copy to my financial advisor…and if he doesn’t “get it” I am picking up my portfolio and moving on.
Lane McCormick (verified owner) –
Finally a positive outlook.
The authors’extensive research and easy read format makes it hard to put down. Divorcing The Dow constitutes information from the past that can be used as a road map for future investing. The research alone is worth the price of the book.
Thank you for such a great book in these uncertain times.
Braylee Morse (verified owner) –
While Divorcing the Dow highlights some tried and true criteria for selecting individual equity investments, e.g. to focus on leading companies that dominate vital growing sectors of the economy, it also falls prey to a “new logic” approach that can be very misleading, especially to beginning investors. Worse, the authors don’t understand a fundamental rule of financial arithmetic. On page 162 they discuss a hypothetical investment manager that turns a portfolio worth $100,000 into $200,000 in one year, and then loses half that value the next, resulting in an end year value of $100,000. The authors suggest that the “average return” from this is 25% (the arithmetic mean of +100% and -50%). Clearly, if we began and ended with the same dollar value, the average annual return is 0%, which is the result calculated by the geometric mean, the correct method to use in computing growth rates. A 25% average annual return on $100,000 would result in a portfolio value after two years of $100,000 X (1.25^2) = $156,250. The authors and their editors should know better. In my opinion readers would be far better served by such classics as The Intelligent Investor by Benjamin Graham, A Random Walk Down Wall Street by Burton Malkiel, or Contrarian Investment Strategies, by David Dremen.
Persephone Lawson (verified owner) –
Divorcing the Dow provided a provoking examination of how we have historically defined the financial “markets”. This book challenges the reader to re-define how we have used outdated measurements to forcast future market conditions. The authors have presented a new and fresh approach to evaluating the next financial revolution! After a 3 year bear market, I feel more optimistic than ever before!