In The Next Great Bull Market, Matthew McCall advocates an approach he calls, “Conversification,” meaning concentrating your investments in specific areas that are poised to benefit from global change. The areas of change addressed throughout this book include the green movement, infrastructure expansion, commodities, peak oil, the next great commodity-water-aging baby boomers, a growing global middle class, geopolitical upheavals, and the explosion of exchange-traded funds.
Introduction:
The basis for this book was established even before the 2008 recession began to send stocks into a bear market. It just so happens that the bear market created one of the most amazing buying opportunities of the last hundred years. Stocks have fallen to levels that investors have only dreamed about and it is now time to take advantage of bargain basement prices and prepare for the Next Great Bull Market.
This book has something to offer anyone who has money invested in the stock market or plans on investing at some point in the future. The nimble day trader will find fresh and exciting stock ideas that they may have overlooked in the past. The active investor who takes a long-term approach will have his eyes opened to investment themes such as lithium that is used for the new electric cars. The active investor will eventually read about the next big thing, but by then it will be too late to make money off the idea. I introduce a number of ideas in this book that can create long term investment opportunities for any portfolio.
I expect the majority of readers are weekend investors who look at their statements when the market is moving higher, but in 2008 put their unopened portfolio statements right into the filing cabinet. It is human nature to get discouraged with investing as the stock market falls to new lows. Unfortunately for many, that is the best time to buy stocks for the long term. After reading this book, investors will take a new perspective on what took place in 2008 and 2009 and realize the bear market is a buying opportunity that will result in huge profits for those willing to go against the crowd and buy when stocks are low.
The body of the book is dedicated to several major investment themes I feel will lead the Next Great Bull Market. The themes range from the popular to sectors that Wall Street has yet to embrace.Wouldn’t you like to be in the first wave of investors before the big money begins pushing the stocks higher? My goal was to discuss a range of themes because I believe both types of investments will flourish when the bull market begins. What differentiates this book from many others that concentrate on investment themes is my willingness to offer specific investments for each theme. A number of authors and investment advisers have great macro investment themes regarding how to invest. At the end of the day, however, when the time comes to pick individual stocks and make money for readers and clients, they fail.
Contents:
- Welcome to the New Global Economy
- Recessions that Changed the World
- Globalization of the Stock Market
- Water: The Next Great Commodity Rally
- Global Infrastructure Build Out
- The Green Movement: Alternative Energy
- The Long Term Bull Market for Commodities
- Health Care and the Emergence of the Baby Boomers
- Hyperinflation: The Result of the DC Printing Press
- Finding the Next Brazil: Investing in Frontier Markets
- Peak Oil: Making Money with Oil at $100
- The ETF Explosion
- More Themes to Consider: Investing and the Obama Administration
- Having a Plan
- It’s Time to Buy; History Says So
The Next Great Bull Market: How To Pick Winning Stocks and Sectors in the New Global Economy By Matthew McCall pdf
Karson Lopez (verified owner) –
Great book & fine service.
Christian Wolf (verified owner) –
This book is more specific when it comes to where to put your money and did a good review of recommended stocks and ETFs/industries.
Gianna Myers (verified owner) –
First, the good part. The information is presented as several themes which may give you food for thought. The analysis of these themes is fairly complete. The author is knowledgeable about investing and the investment ideas he presents.
Now, the parts that I didn’t like. Overall, this was a hodgepodge of information, and this was not unique information. (Pick up any issue of a personal finance magazine and you could probably find several similar themes.) There was no value-add of actually pulling this hodgepodge of information together into something you could use as a complete plan. You could probably implement pieces of this into your investment plan, but it’s not a complete plan.
I found this book annoying. The author struck me as pompous and often expressed his political views. I would not buy this book again, but I’m giving it a 3 instead of a 2 because there is good information.
Jolene Oliver (verified owner) –
I find this book to be a very informative read and it serves as an important “playbook” that covers investing themes that will be very pertinent for the next couple of decades. I particularly like its conciseness on summarizing key emerging investing trends that should assist the more knowledgeable investors today in re-organizing their portfolio. I was also very grateful for the fact the author has provided examples in each group/theme so that I can use them as reference points when I am doing my own due diligence, comparing them to other stocks or ETFs in the same categories. This helps to save me a lot of time if I were to pick something from scratch. Overall, I consider this book to be an important book that I will be referring to from time to time as I update my own investment portfolio.