An investment approach that unlocks the secret of market patterns Based on over forty years of combined author experience as portfolio managers and financial advisors, Divorcing the Dow presents a timely framework for understanding and investing in market cycles. Authors Jim Troup and Sharon Michalsky believe that the Dow Jones Industrial Average is no longer a relevant indicator of market performance; in fact, they feel that watching the Dow may actually obscure indications that the financial markets are poised to experience a boom that dwarfs anything seen before. Based on in-depth research and field-tested in their own successful management of millions of dollars in personal and corporate assets, Divorcing the Dow introduces investors to a revolutionary paradigm for assessing the markets and making investment decisions. Troup and Michalsky's approach focuses on analyzing patterns of productivity as a way to anticipate market cycles and investment potential-and with this book they've outlined how investors can begin to recognize these patterns themselves. Divorcing the Dow provides investors with a new framework for thinking about financial markets and gives readers specific investment techniques to anticipate the market's direction and identify companies poised for sustained productivity and long-term growth. Jim Troup (Sarasota, FL) is First Vice President, Financial Consultant, Portfolio Manager, and Corporate Client Group Director at Smith Barney. A twenty-four-year finance veteran, Troup has worked with leading investment firms including E.F. Hutton and Merrill Lynch, and lectures extensively on portfolio management and asset allocation. SHARON MICHALSKY is First Vice President, Financial Consultant, Portfolio Manager, Corporate Client Group Director at Smith Barney, where she began her career nineteen years ago. She has attended The Wharton School and is the guest speaker at many professional forums where she lectures on investment methodology and portfolio management.
To the person who said there was an error on page 162: the authors were describing an example of how a mutual fund manager could manipulate numbers in order to play the "past performance game." The authors state that the average ANNUAL return is 25%, which is correct. This was simply an example of a fund's manager skewing numbers to make a fund more attractive.
Provoking Examination of the "Financial Markets"
Published by Thriftbooks.com User , 22 years ago
Divorcing the Dow provided a provoking examination of how we have historically defined the financial "markets". This book challenges the reader to re-define how we have used outdated measurements to forcast future market conditions. The authors have presented a new and fresh approach to evaluating the next financial revolution! After a 3 year bear market, I feel more optimistic than ever before!
Wow, what a book!
Published by Thriftbooks.com User , 22 years ago
Finally a positive outlook.The authors'extensive research and easy read format makes it hard to put down. Divorcing The Dow constitutes information from the past that can be used as a road map for future investing. The research alone is worth the price of the book. Thank you for such a great book in these uncertain times.
The First Good Night's Sleep In Years!
Published by Thriftbooks.com User , 22 years ago
After watching a goodly portion of my portfolio melt away over the past few years, I was not only sleepless with anxiety but also furious at my financial advisor and at the financial community and corporate America in general. When I found and read this remarkable book, "Divorcing the Dow," I understood WHY the majority of the so-called financial "experts" were and continue to be so completely off-base, living in and advising on outmoded investment vehicles, as their clients' hard-earniend dollars go swirling down the drain! I likewise saw clearly how to intelligently and safely invest my remaining discretionary funds for maximum results in terms of my future goals. I cannot underestimate my sense of relief and also my gratitude for this lifechanging book. The authors have done a prodigious amount of research. More than that, their brilliant conclusions appear to be sound and right on target. This is a one-in-a million book that should be a must-read for anyone who wants to see their savings grow the most effective way possibie. It is also, to my mind, a must-read for every single individual in the financial community. To NOT read this book is to remain in the dark ages of investing, and to lose out on the opportunity to profit enormously from the new investment culture that is right in place sight but invisible to those stuck in the status quo. I read constantly, and I can tell you that this book is the absolute best of the bunch - the real thing. This review is from my heart - I know how I have suffered, watching my money - including money I inherited from my parents -just evaporate. Read "Divrocing the Dow" more than once. Give it to everyone you know. I did. I have also sent a copy to my financial advisor...and if he doesn't "get it" I am picking up my portfolio and moving on.
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