A tightly written, succinct investment guide and a solid launching pad for anyone thinking about buying and selling stocks...
A debut primer on analyzing, buying, and selling Chinese stocks for fun and profit.
Blomberg, a Finnish author who founded and runs the website China Speculator, began investing in stocks in 1997 using money from a summer job and became interested in Chinese stocks after traveling to that country. Despite recent downturns in the Chinese economy and stock markets, he writes that the country is still an attractive speculation for those with a contrarian perspective, due to its high growth rate compared with Western countries. However, he says that investors must understand China’s changing economy, which is moving from dependence on heavy manufacturing to domination by service industries. Among the most attractive stocks in the latter category, he says, are those of companies involved in environmental cleanup, recreation, education, and culture, including Internet companies, some of which he briefly describes. But although Blomberg is bullish on China’s potential returns, he’s far from a stock tout. He takes a cautious approach throughout and warns readers that his book should serve only as a starting point for further research. He also gives advice on where to invest, saying, for instance, that companies on the Singapore stock market have been plagued with accounting scandals but may offer attractive valuations compared with those on the New York Stock Exchange, which may be safer bets but cost more. He also offers advice on how to buy, advocating purchasing securities in tranches when a stock is going up, rather than trying to get a bargain when a stock’s falling. He also provides tips on when to sell. Overall, although Blomberg says his book is for both new and experienced China investors, it will probably be most useful for the former. It offers readers plenty of investment ideas to follow up on, as well as resources for researching Chinese companies that interest them. The author gives lots of sage suggestions in this book, such as “Question everything” and “Do not argue with the markets,” which can only come from personal experience. Although there are few, if any, guarantees for any investments in modern times, his disciplined system for making profits and avoiding losses might offer readers a fighting chance.
A tightly written, succinct investment guide and a solid launching pad for anyone thinking about buying and selling stocks from China.Pub Date: April 5, 2016
ISBN: 978-9-52-936783-2
Page Count: 146
Publisher: CreateSpace
Review Posted Online: June 20, 2016
Review Program: Kirkus Indie
A substantive, reasonably candid memoir from the founder of Detroit's legendary Motown Records, creator of the soundtrack of the '60s. Gordy opens in 1988, as he agonizes over the sale of his independent company to conglomerate giant MCA, but quickly flashes back to the period everyone wants to read about: Motown's Golden Age, 19601970, when Gordy and his crack team of songwriters, producers, and studio musicians (many of them affectionately portrayed here) created a series of brilliant pop records—from ``My Girl'' to ``Where Did Our Love Go'' to ``I Heard It Through the Grapevine''—that made artists like the Supremes, Marvin Gaye, the Temptations, and the Jackson Five famous. Along the way, Motown's success completed the destruction of musical segregation that had begun with the rock and soul explosion of the early 1950s. `` `Pop' means popular,'' writes Gordy on the subject of categorizing art. ``I never gave a damn what else it was called.'' His solidly middle-class, high-achieving parents were remarkably patient with his long search for a career (he was 29 when he started Motown in 1959 with an $800 loan from the family credit union), and he warmly depicts them and his siblings, many of whom came to work at Motown. A fair amount of time is also devoted to his active love life; he had eight children with five different women, including one with Diana Ross, the supreme Supreme he calls ``my star...my leading lady.'' Knowledgeable music fans will spot some selective recall on Gordy's part—he glosses over widespread resentment of Ross in particular—but for the most part he is frank about tensions within Motown and convincing in his rebuttal of charges that the company exploited its artists financially. His descriptions of the famous ``assembly-line'' process by which Motown crafted hits the way Detroit's auto companies cranked out cars shows the producers/songwriters as the primary artistic force behind the music. Nothing really new here, but a vivid recreation of a great period and a seminal company in popular music. (Author tour)
Pub Date: Oct. 31, 1994
ISBN: 0-446-51523-X
Page Count: 384
Publisher: N/A
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Aug. 15, 1994
A contribution to the debate over professional forestry's environmental impact by someone who believes that people take better care of trees than nature does. The US Forestry Service—and professional forestry in general- -has come under heavy fire in recent years for, among other sins, the irresponsible destruction of trees. Jordan, who has worked for 40 years in the forest products industry, argues that environmentalists and government regulations are standing in the way of healthy, sustainable forests. He takes as a hopeful sign President Clinton's 1993 Forestry Conference, which attempted to find a common ground between conflicting environmental and economic demands. Some kind of resolution is necessary, Jordan argues, if the forest-products industry is to continue to fulfill the American Dream by supplying cheap housing and consumer goods. In 1993, Jordan asserts, 129,000 people were busy writing 66,000 pages of federal regulations, many of which were contradictory. Worse still, in his view, Congress is designating countless acres as national wilderness or protected parkland. Nature rules in these areas, states Jordan, causing ``catastrophic `clearcuts' through the devastating ravages of wildfires, hurricanes, insects, disease and old age,'' while in the hands of private industry these same areas would have watershed protection, erosion control, care of wildlife and plant habitat, recreational opportunity, and, most important, stewardship of a valuable renewable raw material. He calls for a national campaign on the part of the forest-products industry to spread the word about its successes, combat its negative public image, and cultivate grassroots support. Jordan is an articulate and fervent advocate of sustainable forestry, and his perspective on the issues is refreshingly different, but he fails to adequately address such major environmental concerns as the loss of genetic diversity among forest trees. A valid comment, but far from the final word on the fate of our forests. (Photos, not seen)
Pub Date: Oct. 1, 1994
ISBN: 0-89526-483-8
Page Count: 269
Publisher: N/A
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Aug. 15, 1994
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