Aftermath

Seven Secrets of Wealth Preservation in the Coming Chaos

De: James Rickards

Narrado por: James Rickards

Duración: 10 h y 8 m

Resumen del Editor

A Wall Street Journal best seller

Financial expert, investment advisor and New York Times best-selling author James Rickards shows why and how global financial markets are being artificially inflated - and what smart investors can do to protect their assets

What goes up, must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely - especially since asset prices have been artificially inflated by investor optimism around the Trump administration, ruinously low interest rates, and the infiltration of behavioral economics into our financial lives. The elites are prepared, but what's the average investor to do?

James Rickards, the author of the prescient books Currency Wars, The Death of Money, and The Road to Ruin, lays out the true risks to our financial system, and offers invaluable advice on how best to weather the storm. You'll learn, for instance:

• How behavioral economists prop up the market: funds that administer 401(k)s use all kinds of tricks to make you invest more, inflating asset prices to unsustainable levels.
• Why digital currencies like Bitcoin and Ethereum are best avoided.
• Why passive investing has been overhyped: The average investor has been scolded into passively managed index funds. But active investors will soon have a big advantage.
• What the financial landscape will look like after the next crisis: It will not be an apocalypse, but it will be radically different. Those who forsee this landscape can prepare now to preserve wealth.

Provocative, stirring, and full of counterintuitive advice, Aftermath is the book every smart investor will want to get their hands on - as soon as possible.

©2019 James Rickards (P)2019 Penguin Audio

Informative and keeps you interested

I have listened to many books on the same topic but this one was more like a story being told so I was even more interested to listen to it. I highly recommend it

Great takedown of Sunstein!

My favorite part was Jim parsing down and dissecting Cass Sunstein's "nudge" theology, and showing that it is ineffective and manipulative at best, and immoral and authoritarian at worst. His counter arguments were well written in academic style.

This is a must read

Janes R brings to the fore front tHe necessary steps to take and to think about.

At times, was too technical

Some chapters were very interesting, some would lose me as they would get too technical

Brilliant

After hearing this, I’m gonna go back & start at his first book. Very level-headed.

Jim tells it like it is

good book brings up alot of geopolitical topics which have and still are occuring and this is in 2020 now and stuff he says could happen has....

Evenhanded treatment of today's house of cards

The author shows clarity of perception and good command of his subject matter. He ably makes understandable the complexities of the global financial situation. Heroes, villains, and situations are portrayed realistically and without caricature. Well done.

I wonder what's the author's view on Bitcoin?

Bitcoin (and perhaps some other cryptocurrencies) is a great technology, similar to gold in many ways, but it's digital (has pros and cons). I wonder if James Rickards would recommend, also with a 10% holding of gold, a certain % holding of Bitcoin.

Other than that open question, this is a great alternative non-optimistic, cautionary view on the future of the economy that every person should have in mind.
5 stars accross the board.

wow, a great treasure of insights

Though long, it is filled with jewels of awareness. Thank you J.R. for reading it on audible, you add the specialness that only an author can.

Great

I was surprised I hadnt heard of Rickards before, quite a take looking back 5 years.