Outperforming the Market

The stock of a steel company rises 700% in just over a year. The currency of
an emerging country plunges 50% in a week and wipes out billions of dollars
from the accounts of North American investors. The margin deposit on a futures
contract increases ten-fold in less than three months. These are just a few
examples of some opportunities for gains and losses that financial markets can
generate. Some investors have turned the gyrations of financial markets into
fortunes -- a couple of high-profile names being Warren Buffett and John
Maynard Keynes. Many other investors, unfortunately, end up like Isaac Newton,
who after losing a bundle on the stock of the South Sea Company, exclaimed: "I
can calculate the motions of the heavenly bodies, but not the madness of
people." Outperform the Market presents a series of case studies that describe
situations in financial markets where the opportunity for significant gains or
losses has been present. The insights that emerge will help every investor --
whether beginner or experienced pro -- to better assess future financial
possibilities. Using U.S., U.K., and Canadian financial markets, Larry
MacDonald illustrates various investment approaches. Chapters include:
Fundamental Analysis, Technical Analysis, Cyclical Stocks, Growth-by-
Acquisition Stocks, Growth-by-Geography Stocks, Growth-by-Product Stocks,
Turnaround Situations, Niche Companies, Short Selling, Market Cor- rections,
Profitting from Economic Crises, and Opportunites in the Next Decade.