The Silk Road to Riches: How You Can Profit By Investing In Asia's Newfound Prosperity - Hardcover

Mostrous, Yiannis G.; Gue, Elliott H.; Martchev, Ivan D.

Hardcover

ISBN 10: 0131869728 ISBN 13: 9780131869721

Publisher: Ft Pr, 2006

Synopsis

Asia is now the world's #1 growth story. Farsighted investors will realize enormous profits by investing in companies that benefit from Asia's historic transformation. In The Silk Road to Riches, a team of world-class financial analysts and newsletter editors point you to the right companies, the right sectors, and the right strategies.

About this title

About the Author

Yiannis G. Mostrous is associate editor of Wall Street Winners, a financial newsletter that has been rated #1 by The Hulbert Financial Digest, and of www.GrowthEngines.com, an online financial journal dedicated to global markets. Formerly an analyst with Finance & Investment Associates and Artemel International, he has worked in international project financing and venture capital financing. He holds an MBA from Marymount University.

Elliott H. Gue is editor of The Energy Strategist, the premier financial advisory dedicated solely to covering the complex energy markets, a field he has been covering since 2002. He has been featured as a guest on Bloomberg Television and has been a regular guest in radio shows around the country. He is also an associate editor for Personal Finance. He holds a Masters of Finance degree from the University of London and a Bachelor of Science degree in Economics and Management from the University of London.

Ivan D. Martchev is editor of Wall Street Winners and associate editor of Personal Finance, which has been recognized by the Newsletter and Electronic Publishers Association as one of the nation's best financial advisory newsletters. He is also editor of the financial weblog www.attheselevels.com and www.GlobalViewPoints.com, a free weekly e-mail journal that provides commentary on the stock market, as well as bonds, commodities and currencies. Mr. Martchev has also been a frequent guest on many radio shows.

The authors' commentaries have been published by Barron's, Forbes.com, and Marketwatch.com from Dow Jones.

Reviews

Though it might seem a no-brainer, this investment primer proves to be a careful study of current economic development in Asia that includes some surprising findings. The authors debunk current fears of Asian hegemony (which echo Americans' 1980s "turning Japanese" angst) and suggest shrewd investments. Among other compelling observations, Mostrous and company note the numerous obstacles both China and India face in becoming first-world economies. For one thing, neither society is consumer-based, as are the West and Japan. For China and India to be able to support a first world economy, their domestic consumption would need to radically increase. However, the authors sidestep the troubling question of whether the planet can support consumption of the magnitude China and India would bring the bear. Equally disturbing are the authors' assertions that the U.S. will have to drop security commitments to Japan, South Korea and Taiwan in order to embrace China, and that India will have to be recognized as a "responsible nuclear power." Certainly, money is to be made in Asia's rise, namely in commodities like wheat and fertilizer, and in the burgeoning goods markets of developed economies, including processed foods and frozen meats. An excellent overview of projected Asian (and global) economic and geopolitical development, this book suggests far-sighted strategies for the clever investor.
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Edition details

• Publisher: Ft Pr
• Publication date: 2006
• Language: English
• ISBN 10: 0131869728
• ISBN 13: 9780131869721
• Binding: Hardcover
• Edition number: 1
• Number of pages: 240