Praise for Rocking Wall Street
‚. . . the only four investment strategies you will ever need. .
. I dare anyone to read this book and not wake up to the realities
of Wall Street, and change their investing habits on the
spot.‘
–Steve Trager Watson Retired CEO and CIO of the hedge fund
Watson Investment Partners, LP
‚A true Renaissance man and teacher, Gary Marks adeptly explores
four investment strategies that can achieve strong results and
peace of mind-two concepts usually considered mutually exclusive in
the world of Wall Street investing. Using his vast experience and
folksy storytelling, Gary provides lessons, anecdotes, and
strategies that will help readers find multiple levels of
success.‘
–Mitch Levine Founder and CEO, Enable Capital Management
‚Rocking Wall Street brings a musician’s heart and soul to the
investment process, balancing strategic investing with ‚living your
life.‘ Marks’s creative approach is sure to strike a major chord
with both new and seasoned investors.‘
–Kerry Paul Altman, Ph D Clinical Psychologist
‚Rocking Wall Street tips the scales over to the side of the
investor and away from the hype masters and media ‚experts, ‚ whose
lures and promises all seem to vanish in a bear market.‘
–Michael J. Sell Former auditor, CPA, Investment
Consultant
Inhaltsverzeichnis
Foreword by John Mauldin.
Preface.
Acknowledgments.
Part One:The Emotional Controls.
1: The Beginning, and the End Game.
Inside the Box Won’t Get You There.
The Craft versus the Art.
The End Game.
You and Tim.
2: Investing for Your Life versus Spending Your Life
Investing.
What Do You Really Want?
Cows.
What Would Actually Make You Feel Rich?
The Bottom-Line Question.
3: The Power of Hedging:Always Hedge Your Bets.
Hedging Step 1: Giving Up the Windfall to Avoid the Big
Fall.
How Can You Avoid Serious Losses? Emotional Hedges.
Hedging Step 2: Diversification.
Endeavor Not to Invest More Than You Are Emotionally and
Financially Able to Lose in Any Single Investment.
Hedging Step 3: Logic of the Mind Is Not the Only Kind.
The Gambler’s Catch-22.
Part Two: Knowing the Difference between Market Stats and
Market Hype.
4: Just the Facts, Ma’am.
Market Forecasting and Timing.
Higher Risk Too Often Equals Less Reward.
What Is True Diversification?
The Two Great Myths of Traditional Investing.
Tax Confounding:A Story.
Contrarian View of the Future of the U.S. Stock Market.
Hedge Funds:The Dark Side.
Hedge Fund and Mutual Fund Taxes–Buyers Beware.
5: Addressing Investors‘ Questions from Part One.
6: The Right Stuff (and the Wrong Stuff).
Venture Capital Investing: Zero in a Million.
Real Estate: Live in It.The Rest Is Investing.
Tale of Two Bubbles.
The View from a Family Office.
What Does the Fed Really Want?
The Diary of an Intuitive Investor.
A Theory Stephen Hawking Has Yet to Discover:
Parallel Investment Universes.
Investment Gods Say:’Do the Right Thing‘.
Part Three: Hedging Wall Street: Hedged Portfolio
Construction.
7: Successful Investments:Where Are They?
Putting Together a Portfolio.
Are You a Conservative Investor or an Aggressive Investor?
Oh, Shut Up.
Thumbnail Sketch of Prudent Portfolio Construction.
Portfolio 1: For Future Millionaires–Diversification and
Dollar Cost Averaging.
Brokerage Firms, Money Management Firms, and Financial Planning
Firms with Time.
Portfolio 2: For Millionaires Who Do Not Wish to Become
Ex-Millionaires.
8: Hedge Fund Mind-Set.
Addressing Investors‘ Questions from Part Two.
Using Etiquette, Receiving Respect:The General Partner/Limited
Partner Relationship.
Part Four: Planning for the Future and Seeking the End
Game.
9: The Financial Planning Maze.
How to Plan for the Future:A Simple Three-Step Program.
Family Budgeting: Securing Present Assets While Having Fun.
Seeing Life, Business, and Investing as One Portfolio.
10: The Game Beyond the End Game.
Downsizing the American Dream.
Relative Downsizing.
Investing in the Twenty-First Century.
Transcending the Centuries:Whom Do You Serve?
Appendix: Specific Due Diligence Notes and Fund of Funds
Questionnaire.
About the Author.
Index.
Über den Autor
Gary Marks is highly regarded in the securities industry for his unique ability to synthesize his research to form risk-averse, multi-manager strategies that have been successful in both bull and bear markets. Within seven years from its inception, Marks’s asset management company-a firm known for its alliances with other companies and managers around the world-grew to almost $300 million under management. Marks is also a prominent songwriter currently working on his tenth recording of original music.