{"product_id":"biggs-on-finance-economics-and-the-stock-market-bartons-market-chronicles-from-the-morgan-stanley-years-hardback-9781118572306","title":"Biggs on Finance, Economics, and the Stock Market; Barton's Market Chronicles from the Morgan Stanley Years (Hardback) 9781118572306","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eBiggs on Finance, Economics, and the Stock Market\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eBarton's Market Chronicles from the Morgan Stanley Years\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eBarton Biggs (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781118572306, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 8 April 2014\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e432 pages\u003cbr\u003e26.2 x 18.8 x 3.4 cm, 0.916 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eReleased to the public for the first time, writings by the incomparable Barton Biggs\u003c\/b\u003e  \u003cp\u003eLong considered one of the best brains on Wall Street, Barton Biggs acquired the stature of a legend within his lifetime. Among his many coups, he accurately called the rise and fall of the dot-com market, and was an energetic promoter of emerging markets, including China, well before American businesses began flocking there—and he made vast fortunes for his clients, in the process.\u003c\/p\u003e \u003cp\u003eBut, as this fascinating book confirms, it wasn't Biggs's genius as a market analyst and hedge fund manager alone that made him special. The product of a keen and broad-ranging intellect in full command of his subjects—and the English language—the letters compiled in this volume leave no doubt that Barton Biggs was one of the most interesting observers of Wall Street, the financial world, and the human comedy, ever to set pen to paper.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eReleased from Morgan Stanley's archives and made public for the first time, the letters compiled in this volume add new luster to Biggs's reputation as a first-class finance author\u003c\/li\u003e \u003cli\u003eAddress the most essential aspects of high-frequency trading, from formulation of ideas to performance evaluation\u003c\/li\u003e \u003cli\u003eShares Biggs's fascinating insights and uncannily accurate predictions about an array of economic and financial topics, liberally peppered with historical references and wry humor\u003c\/li\u003e \u003cli\u003eOrganized thematically, the letters showcase Barton Biggs's observations on finance, economics and the stock market, from 1980 to 2003\u003c\/li\u003e \u003c\/ul\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eIntroduction xi\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 1: What’s Old is New Again 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 1A: Market History and the Long View 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn Search of History and a Word Processor That Works 3\u003c\/p\u003e \u003cp\u003eKondratieff and the Long Cycle 5\u003c\/p\u003e \u003cp\u003eThe Phony War 9\u003c\/p\u003e \u003cp\u003eAncient History 12\u003c\/p\u003e \u003cp\u003eHistory, Market Deaths, and the Cult of the Equity 16\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 1B: Fire and Ice 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Fire and Ice Debate 21\u003c\/p\u003e \u003cp\u003eIce Creeps On 26\u003c\/p\u003e \u003cp\u003eA World Lit Only by Fire? 29\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 1C: Bubbles and Panics 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eManias, Panics, Crashes 33\u003c\/p\u003e \u003cp\u003eTulipomania 36\u003c\/p\u003e \u003cp\u003eAnarchy 39\u003c\/p\u003e \u003cp\u003eLife on the Good Ship Swine 43\u003c\/p\u003e \u003cp\u003eThe New New Thing 46\u003c\/p\u003e \u003cp\u003eWhen? 50\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 1D: Wars and Rumors of War 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Last Supper 55\u003c\/p\u003e \u003cp\u003eThe Beam That Broke the Camel’s Back 59\u003c\/p\u003e \u003cp\u003eBioterrorism and the Case for Higher P\/E Ratios? 61\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 1E: Geopolitics 65\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePopcorn and the Decline of the West 65\u003c\/p\u003e \u003cp\u003eDiary of Mikhail S. Gorbachev—Sunday, May 4, 1986 69\u003c\/p\u003e \u003cp\u003eClose-Up 72\u003c\/p\u003e \u003cp\u003eDiary of Mikhail Gorbachev, May 1987 75\u003c\/p\u003e \u003cp\u003eThe Diary of Deng Xiaoping: Wistful and Wishful Musings 78\u003c\/p\u003e \u003cp\u003eBottomless Pits and Nuts with Missiles 81\u003c\/p\u003e \u003cp\u003eDiary of Saddam Hussein 83\u003c\/p\u003e \u003cp\u003eIslamic Fundamentalism 86\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 2: Economics and Investing 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 2A: Economics and Policy 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Evolution of the Supply Side 95\u003c\/p\u003e \u003cp\u003eThe Tax Cut Misconception 98\u003c\/p\u003e \u003cp\u003eRunning the Movie of the Seventies Backward 100\u003c\/p\u003e \u003cp\u003eThe Piper Must Still Be Paid 103\u003c\/p\u003e \u003cp\u003eThe Old President with the Right Intuitions 116\u003c\/p\u003e \u003cp\u003eWhat Kind of People are We? 119\u003c\/p\u003e \u003cp\u003eEmerging Markets are Only for the Brave 122\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 2B: Investment Discipline \u0026amp; Tactics 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDiscipline and Reading 127\u003c\/p\u003e \u003cp\u003eHow to Lose the Winner’s Game 130\u003c\/p\u003e \u003cp\u003eYou Gotta Believe 133\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 2C: Market Psychology and Investing Philosophy 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eContrarianism 135\u003c\/p\u003e \u003cp\u003eElectronic War Rooms and Lying in the Sun 140\u003c\/p\u003e \u003cp\u003eGod is a Mathematician? The Fibonacci Numbers 143\u003c\/p\u003e \u003cp\u003eBeware of Linear Thinkers: Chaos on the Upside 146\u003c\/p\u003e \u003cp\u003eHow George Soros Makes Money: The Theory He Says Guides Him 148\u003c\/p\u003e \u003cp\u003eThe Horse Whisperers 151\u003c\/p\u003e \u003cp\u003eMr. Market is a Manic-Depressive 155\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 2D: Alternative Investments 159\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFilthy Lucre 159\u003c\/p\u003e \u003cp\u003eThe Bull Market in Art: Mania or Magnificent Obsession? 162\u003c\/p\u003e \u003cp\u003eJewelry is a Girl’s Best Friend 165\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 2E: Market Predictions 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFirst Class on the \u003ci\u003eTitanic \u003c\/i\u003e169\u003c\/p\u003e \u003cp\u003e“It’s a Bull Market, You Know . . .” 171\u003c\/p\u003e \u003cp\u003eBeware the Conventional Wisdom . . . 175\u003c\/p\u003e \u003cp\u003eDear Diary: Up with Which I Have to Put 177\u003c\/p\u003e \u003cp\u003ePraise the Lord and Pass the Ammunition 180\u003c\/p\u003e \u003cp\u003e“Even Monkeys Fall from Trees” 183\u003c\/p\u003e \u003cp\u003eBig Fish Do Not Live in Small Ponds 188\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3: The Global View 193\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3A: China and Hong Kong 197\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBuy Hong Kong 197\u003c\/p\u003e \u003cp\u003eOwn Hong Kong Big 201\u003c\/p\u003e \u003cp\u003eMore on China 204\u003c\/p\u003e \u003cp\u003eChina: “The New Emperors” and the Risk\/Reward Equation 208\u003c\/p\u003e \u003cp\u003eHow Fast is China Really Growing? 212\u003c\/p\u003e \u003cp\u003eChina Tales 215\u003c\/p\u003e \u003cp\u003eA China Traveler’s Tales 218\u003c\/p\u003e \u003cp\u003eChina Cooling, Us Heating 221\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3B: India 225\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIndia Tilts to the Right and the Stock Market Explodes 225\u003c\/p\u003e \u003cp\u003eIndia for the 1990s 228\u003c\/p\u003e \u003cp\u003eGreat Expectations 231\u003c\/p\u003e \u003cp\u003eIndia: You Have to Go There to Understand 234\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3C: Japan 237\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMore on Japan 237\u003c\/p\u003e \u003cp\u003eLong Trips 240\u003c\/p\u003e \u003cp\u003eJapan Inc. Wants a Higher Yen 242\u003c\/p\u003e \u003cp\u003eJapan Bought High and Will Sell Low 245\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3D: Europe, Middle East, Africa 249\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn the Eye of the Storm 249\u003c\/p\u003e \u003cp\u003eYou Gotta Own Some Germany 253\u003c\/p\u003e \u003cp\u003eMilitant Fundamentalism Spoils the Middle East Story 256\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3E: Latin America 259\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSouth America for the Nineties 259\u003c\/p\u003e \u003cp\u003eNo More Siestas 263\u003c\/p\u003e \u003cp\u003eArgentina: The Magic Show 268\u003c\/p\u003e \u003cp\u003eBuy Mexico and Brazil 271\u003c\/p\u003e \u003cp\u003eCase Study: Peru 275\u003c\/p\u003e \u003cp\u003eMexico Will Make It 278\u003c\/p\u003e \u003cp\u003eMexico: Virtuous or Vicious Circle? 282\u003c\/p\u003e \u003cp\u003eBrazil: An Act of Faith 286\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3F: East Asia 289\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Best-Managed Country in the World 289\u003c\/p\u003e \u003cp\u003eKorea: Fat Premiums, Thin Pickings 293\u003c\/p\u003e \u003cp\u003eCamelot 296\u003c\/p\u003e \u003cp\u003eLetter from Myanmar 299\u003c\/p\u003e \u003cp\u003eVictory Has a Thousand Fathers 302\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 3G: Emerging Markets Roundup 307\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Bigger, Faster World 307\u003c\/p\u003e \u003cp\u003eJewel in the Portfolio 311\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 4: Characters and Culture 315\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 4A: Lunches with Luminaries 317\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInvestment Alchemy 317\u003c\/p\u003e \u003cp\u003eLunch with the Global Investor 321\u003c\/p\u003e \u003cp\u003eVanity Fair 325\u003c\/p\u003e \u003cp\u003eHeroine Worship 327\u003c\/p\u003e \u003cp\u003ePoker Games on the \u003ci\u003eTitanic \u003c\/i\u003eand Sir John 330\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 4B: Jim the Trigger 333\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Summer of 83 333\u003c\/p\u003e \u003cp\u003eThe Trigger Comes Back for Lunch 336\u003c\/p\u003e \u003cp\u003eU3 or “Many Shall Be Restored That are Now Fallen and . . .” 339\u003c\/p\u003e \u003cp\u003eThe Trigger Finds an Arb 341\u003c\/p\u003e \u003cp\u003eThe Trigger Comes to Lunch 344\u003c\/p\u003e \u003cp\u003eInvestment Life Its Own Self 347\u003c\/p\u003e \u003cp\u003eA Country of His Own 350\u003c\/p\u003e \u003cp\u003eTalking Technology with Jim the Trigger 354\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 5: Travelogues 359\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAfrica 361\u003c\/p\u003e \u003cp\u003eThe Idaho High Country 364\u003c\/p\u003e \u003cp\u003eMaking a New High on Your Own Time 367\u003c\/p\u003e \u003cp\u003eStretching the Mid-Life Envelope 370\u003c\/p\u003e \u003cp\u003eJapanese Landscapes 373\u003c\/p\u003e \u003cp\u003eThe Snows of Kilimanjaro 377\u003c\/p\u003e \u003cp\u003ePitfalls in Tokyo, Sand Traps in Colorado 381\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 6: Books and Letters 385\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 6A: Book Reviews 387\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e“Groupthink” and What to Do about It 387\u003c\/p\u003e \u003cp\u003e\u003ci\u003eCaptain Money and the Golden Girl \u003c\/i\u003ePonzi 391\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe Alchemy of Finance \u003c\/i\u003e395\u003c\/p\u003e \u003cp\u003eI Wish We Didn’t Have to Play for George Steinbrenner 398\u003c\/p\u003e \u003cp\u003eNoise and Babble 401\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection 6B: Biggs’s Reading List 405\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eToo Much to Read 405\u003c\/p\u003e \u003cp\u003e“Books, We Know, are a Substantial World . . .” 408\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52173796016408,"sku":"9781118572306","price":26.59,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781118572306.jpg?v=1781172216","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/biggs-on-finance-economics-and-the-stock-market-bartons-market-chronicles-from-the-morgan-stanley-years-hardback-9781118572306","provider":"Freshly Printed Books","version":"1.0","type":"link"}