Alot has been written on investing, or rather on value investing,
over the last century. Starting from the investing strategies of
Benjamin Graham, the godfather of value investing, down to his disciple
Warren Buffett's apparently easy-looking investing style, the theory of
intellectual investment is indeed rich. In the
same vein, Dr. John Rutledge's latest book Lessons from a Road
Warrior is a brilliant exposition of what he thinks about the
global economy, financial markets and investing. In an elegant and humor-packed style,
the book encapsulates Rutledge's missionto replace
the standard theory of macroeconomics and finance with something that
is easily understandable and can be used in actual practice.
And unlike other standard literature on the theory of investing, the Road Warrior is not swamped with highly
esoteric investing equations or complicated option
strategies; rather, it lucidly depicts how changes in economic and global
policies can unearth pockets of opportunities for value investors. Rutledge
begins his lessons by referring to his own life's
rich tapestry and picks it up from there by applying them to fabricate a
profitable investment strategy, and finally wraps it up
with his upbeat views about the opportunities available in China.
|
