● Making Sense of Markets: An Investor’s Guide to Profiting Amidst the Gloom
By Kevin Gardiner
Summary via publisher (Palgrave Macmillan)
Making Sense of Markets argues that received wisdom is still far too pessimistic, and that investment opportunities have been missed as a result. It suggests that the great panic of 2008 had its roots in finance, not a flawed global economy, and it tackles some popular concerns – debt, demography, Western decadence for example – head-on, showing succinctly why they have been overdone. The book will then explain how investors can take advantage of these insights in building a long-term investment portfolio. It pays particular attention to behavioral influences such as the interaction of media and markets. It suggests that the conventional view of investing as a search for an optimal portfolio – as opposed to a satisfactory one – is misplaced. It argues that conventional financial analysis, not investors’ living standards, may be the long-term casualty of the latest seizure in capital markets.
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