The Future for Investors

  • by Jeremy J. Siegel
  • Narrated by Stephen Hoye
  • 9 hrs and 14 mins
  • Unabridged Audiobook

Publisher's Summary

From one of the world's top investing experts, and the best-selling author of Stocks for the Long Run, comes a book that challenges certain conventional wisdom. Based on groundbreaking research, The Future for Investors makes the case that as an investor you are better off with old, reliable companies, many of whose products have not changed for years. Asserting that new companies and new industries often generate returns inferior to older companies in slow-growth or even shrinking industries, Siegel explains why growth itself is an investment trap, luring us into overpriced stocks and overly competitive industries. In this timely and practical audiobook, this key idea is placed into the context of such issues as the aging crisis and the shift in global economic power to the emerging markets of China and India.

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Customer Reviews

Most Helpful

Definately worth reading if you invest in equities

I believe individuals who are invested in equities will benefit from reading or listening to this work. This book includes useful information on investing strategies that one might want to consider. He also presents some interesting information that runs counter to common beliefs held buy many investors. For example, which would you have chosen in the early 1990's: To invest in China or in Brazil? Brazilian stocks did far better although the economy there grew very slowly during the study period. Stocks in China did not do so well despite a torrid economic growth rate. Jeremy Siegel has conducted extensive new research since his last book, "Stocks for the Long Run" (1994). As a result, he has changed some of his recommendations and strategies. My only negative comment is that he perhaps spends a bit too much time on some of the negative things that were said about him during the peak of the bubble. He questioned some of the ridiculous valuations of Internet stocks and received alot of hate mail as a result. Of course, history proved him right and I'm sure he enjoyed including his "I told you so" comments in the book.

Overall a worthwhile book. I recommend this, along with Peter Lynch's "One up on Wall Street".
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- Thomas

Excellent for long-term investors

This is an outstanding and thoroughly researched audiobook that provides a roadmap for making long term investment decisions and the rationale for why those decisions are best. Siegel clearly knows his stuff and has great credentials. This should be required listening for anyone managing money for the long haul.
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- John

Book Details

  • Release Date: 03-10-2005
  • Publisher: Books on Tape