Summary: Defying the Market - BusinessNews Publishing - ebook

Summary: Defying the Market ebook

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The must-read summary of Stephen Leeb and Donna Leeb's book: "Defying the Market: Profiting in the Turbulent Post-Technology Market Boom".This complete summary of the ideas from Stephen Leeb and Donna Leeb's book "Defying the Market" shows how technology is experiencing a slowing down of pace and progress. In their book, the authors explain how this slowdown, combined with other factors, will lead to inflation once again becoming a major factor in the global economy. For this reason, any investment strategy formulated for the next 10 to 15 years should be tailored so as to benefit from the effects of this inflation. By reading this summary, you will learn the four key elements that will lead to a successful investment portfolio for the upcoming decade.Added-value of this summary:• Save time• Understand key concepts• Expand your investment knowledgeTo learn more, read "Defying the Market" and discover how you can take advantage of the technological slowdown and upcoming inflation to make profitable investments.

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Book Presentation: Defying The Market by Stephen Leeb & Donna Leeb

Summary of Defying The Market (Stephen Leeb & Donna Leeb)

Book Presentation: Defying The Market by Stephen Leeb & Donna Leeb

Book Abstract

MAIN IDEA

The most significant trend in technology today is a slowdown in the pace of progress. In other words, the new generation of widely used products coming out today are not presenting leaps in performance substantial enough to present a compelling case for existing users to upgrade. In fact, many of the latest products and services (like cellular phones and the Internet) are not so much new discoveries as enhancements of existing technology.

The slowdown in technological progress, combined with the political imperative for national economies to grow, the industrialization of the emerging countries and the diminishing levels of Earth’s natural resources means that inflation will once again become a major factor in the global economy. And in an inflationary financial environment, any investment strategy that has produced notable gains over the past 10 years will be entirely unsuitable.

In short, an investment strategy for the next 10- to 15-years should be positioned so as to benefit from the effects of inflation. That means an investment portfolio should have four key elements:

Stocks and financial securities that will increase in value should policymakers slip up and deflationary conditions eventuate.Consumer franchises - stocks that have such wide name recognition they can add value in any conditions.Stocks that are leveraged to grow quickly should inflationary economic conditions exist.Stocks that are environmentally based - that will add value should environmental disasters occur.

Most investors assume technology will always have the answer for anything that comes along, and that the stream of new technical innovations will stretch seamlessly into the future. Historically, however, the most successful investors have never been crowd followers – they have always tended to think for themselves, and to notice signs of change that other people overlook. For these investors, the concept of a post-technology inflationary economic environment doesn’t mean the end of the world – just another opportunity to generate wealth using a different approach.

Important Note About This Ebook

This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

Summary of Defying The Market (Stephen Leeb & Donna Leeb)

1. Four Key Trends For Investors

Main Idea

There are four trends that are certain to strongly influence returns on investment in the next decade. These are:

A slow-down in the pace of technological progress.The need for strong economic growth in both the emerging and developed worlds.A significant rise in inflation.A decrease in productivity, regardless of anything technology developers may be able to come up with.

Key Thoughts