{"product_id":"own-the-world-how-smart-investors-create-global-portfolios-hardback-9780470285381","title":"Own the World; How Smart Investors Create Global Portfolios (Hardback) 9780470285381","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eOwn the World\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eHow Smart Investors Create Global Portfolios\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eAaron Anderson (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470285381, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 20 March 2009\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e224 pages, Tables: 35 B\u0026amp;W, 0 Color\u003cbr\u003e23.1 x 15.8 x 2 cm, 0.408 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\"\u003eGlobal investing isn't new. In fact, investors have been looking to overseas markets for hundreds of years, and with good reason. A global portfolio can bestow innumerable rewards on the savvy investor, yet many US investors remain woefully under-exposed to foreign equities. Despite the fact that US equity markets make up less than half of world markets, only a small portion of our investment dollars are allocated overseas. Even the most sophisticated investors have been deterred by misconceptions about the risks associated with owning foreign stocks or a lack of information about foreign markets. But the notion investment options are limited by borders is antiquated and downright detrimental to successful investing.  \u003cp\u003eOnce considered the playground of only the ultra-rich or institutional investors, global investing is fast becoming not only possible, but a necessity, for every investor. As part of Fisher Investments Press, \u003ci\u003eOwn the World\u003c\/i\u003e introduces readers to the vast advantages of seeking investment opportunities all over the planet. \u003ci\u003eOwn the World\u003c\/i\u003e provides investors with tools to build a global portfolio and points out potential hurdles to avoid. It also educates readers on the nuts and bolts of foreign markets, how to easily understand them, and vehicles for investing there. By detailing the vast and currently underappreciated benefits of global investing and the distinct advantages of a global approach, as well as common pitfalls to avoid, \u003ci\u003eOwn the World\u003c\/i\u003e can help readers to tread more confidently into global markets as they look to optimize their investment results.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Who Needs a Global Investment Portfolio? 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Most Important Question 2\u003c\/p\u003e \u003cp\u003e“Home, Sweet Home” Bias 4\u003c\/p\u003e \u003cp\u003eWe’re Not Alone Out There 14\u003c\/p\u003e \u003cp\u003eGlobal Isn’t International 15\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Not as Foreign as You Think 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMade in the USA 17\u003c\/p\u003e \u003cp\u003eA Day in the Life 23\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Getting More for Less: Return Enhancement and Risk Management 31\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRisk and Return: The Dynamic Duo 31\u003c\/p\u003e \u003cp\u003eKeep Your Eye on the Globe 48\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 The Global Landscape 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAn Economic Perspective 55\u003c\/p\u003e \u003cp\u003eWhat’s Your GDP Worth? 62\u003c\/p\u003e \u003cp\u003eTaking Stock . . . Globally 66\u003c\/p\u003e \u003cp\u003eIndustry Classification 73\u003c\/p\u003e \u003cp\u003eGICS 73\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Top-Down Investing 81\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAre You Down for Bottom-Up or Up for Top-Down? 81\u003c\/p\u003e \u003cp\u003eTop-Down Is Tops 83\u003c\/p\u003e \u003cp\u003eThe Top-Down Process 86\u003c\/p\u003e \u003cp\u003eStep 1: Asset Allocation 86\u003c\/p\u003e \u003cp\u003eStep 2: Sub-Asset Allocation 90\u003c\/p\u003e \u003cp\u003eStep 3: Stock Picking 100\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Four Steps to Investing Success 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStep 1: Choose a Benchmark 106\u003c\/p\u003e \u003cp\u003eStep 2: Analyze the Benchmark’s Components and Assign Expected Risk and Return 118\u003c\/p\u003e \u003cp\u003eStep 3: Blend Dissimilar Investments to Moderate Risk Relative to Return 124\u003c\/p\u003e \u003cp\u003eStep 4: Always Remember You Could Be Wrong, So Don’t Stray From the First Three Steps 126\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 I’m Convinced . . . Now Tell Me How 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWho Doesn’t Want More Time and Money? 129\u003c\/p\u003e \u003cp\u003eMutual Funds 134\u003c\/p\u003e \u003cp\u003eExchange-Traded Funds (ETFs) 144\u003c\/p\u003e \u003cp\u003eDepository Receipts 149\u003c\/p\u003e \u003cp\u003eOrdinary Shares 155\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 The Currency Effect 157\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Almighty Dollar, Euro, Pound, Ringgit, Baht . . . 158\u003c\/p\u003e \u003cp\u003eCurrency Trivia 162\u003c\/p\u003e \u003cp\u003eWrangling Exchange Rates 165\u003c\/p\u003e \u003cp\u003eCurrencies and Your Global Portfolio 172\u003c\/p\u003e \u003cp\u003eWhat’s a Global Investor to Do? 174\u003c\/p\u003e \u003cp\u003eCurrency Strategies 175\u003c\/p\u003e \u003cp\u003eTrading Currencies (If You Dare) 177\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Common Challenges in Global Investing 181\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eVolatility Happens 183\u003c\/p\u003e \u003cp\u003eDollars and Sense 185\u003c\/p\u003e \u003cp\u003ePolitical Risk 185\u003c\/p\u003e \u003cp\u003eRisks, Risks, and More Risks 190\u003c\/p\u003e \u003cp\u003eNotes 193\u003c\/p\u003e \u003cp\u003eAbout the Author 199\u003c\/p\u003e \u003cp\u003eIndex 201\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":52503035052312,"sku":"9780470285381","price":16.37,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470285381.jpg?v=1786324630","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/own-the-world-how-smart-investors-create-global-portfolios-hardback-9780470285381","provider":"Freshly Printed Books","version":"1.0","type":"link"}