About this Item:

What goes up, must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely, especially since asset prices have been artificially inflated by investor optimism, ruinously low interest rates, and the infiltration of behavioral economics into our financial lives. The elites are prepared, but what's the average investor to do?

In his book, James Rickards lays out the true risks to our financial system, offering invaluable advice on how best to weather the storm. For instance, you'll learn:

How Behavioral Economists prop up the market: Funds that administer 401(k)s use all kinds of tricks to make you invest more, inflating asset prices to unsustainable levels.
Why digital currencies like Bitcoin & Ethereum are best avoided.
Why passive investing has been overhyped: The average investor has been scolded into passively managed index funds, but active investors will soon have a big advantage.
What the financial landscape will look like after the next crisis: it will not be an apocalypse, but it will be radically different. Those who forsee this landscape can prepare now to preserve wealth!

Product Specifications:

Publisher: Portfolio (July 23, 2019)
Language: English
Hardcover: 336 pages
ISBN-10: 0735216959
ISBN-13: 978-0525538844
Item Weight: 1.1 pounds
Dimensions: 6.3 x 1.2 x 9.3 inches