From Wall Street to the Great Wall: How Investors Can Profit from China's Booming Economy

From Wall Street to the Great Wall: How Investors Can Profit from China's Booming Economy

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Overview

In From Wall Street to the Great Wall, Burton G. Malkiel and his coauthors show how average investors can tap into the opportunities this affords without losing their shirts. The authors present firsthand knowledge from their research trips to China on how Chinese firms and industries, as well as multinationals in the United States and elsewhere, are likely to benefit growth. They describe investment opportunities ranging from stocks to real estate to art and then set forth a grand strategy, including sample portfolios, for profiting from China's economic boom.

Product Details

ISBN-13: 9780393333589
Publisher: Norton, W. W. & Company, Inc.
Publication date: 12/17/2008
Edition description: Reprint
Pages: 320
Product dimensions: 5.40(w) x 8.20(h) x 0.90(d)

About the Author

Burton G. Malkiel is the Chemical Bank Chairman's Professor of Economics Emeritus at Princeton University. He is a former member of the Council of Economic Advisers, dean of the Yale School of Management, and has served on the boards of several major corporations, including Vanguard and Prudential Financial. He is the chief investment officer of Wealthfront.

Table of Contents


Preface     9
The Setting
The Past: An Historical Perspective     15
The Present: China's Stunning Accomplishments     42
The Future: Perceived Risks     64
The Investments
The Uniqueness of the Chinese Stock Market     97
The Efficiency of the Chinese Stock Market     126
The Attractiveness of Chinese Stocks     149
Real Estate, Art, and Bonds     179
The Strategies
The Preparation     203
The Homegrown Strategy     221
The Offshore Strategy     242
The Go for Broke Strategy     262
The Optimal Investment Strategy     280
Bibliography     295
Acknowledgments     299
Index     305

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From Wall Street to the Great Wall: How Investors Can Profit from China's Booming Economy 5 out of 5 based on 0 ratings. 2 reviews.
Anonymous More than 1 year ago
Guest More than 1 year ago
In my opinion, this is an excellent guide for any individual investor who feels he 'she' may want to ¿profit from China¿s booming economy.¿ Even if the reader decides not to invest in China, the account of how far China has come in a period of approximately three decades is an interesting read. The book is divided into three sections: The Setting, which provides a historical background on China and its people The Investments, which explains how Chinese securities are structured and traded and The Strategies, which provides advice as to how investors might go about investing in China¿s economic success. The final chapter, The Optimal Investment Strategy, presents the authors advice as to how an individual investor might pursue an investment plan and at the same time minimize risk. The authors throughout the book emphasis risk and in the final chapter clearly state, ¿We warn you in advance that it is not an exciting strategy that will make you a millionaire shortly after reading it ¿ but it is a strategy that sharply curtails your risk.¿ Another reviewer of this book has made comparisons of this book with Jim Rogers¿ A Bull In China. In my opinion, From Wall Street to the Great Wall is a far superior read. Burton Malkiel has the academic credentials and decades of experience in teaching investing to students. He has also been on the board of directors for many years at the Vanguard Group, a company dedicated to the best interests of individual investors. The average investor would be foolish to invest directly in Chinese companies as Mr. Rogers suggests. That would be like walking through a mine field. I suggest sticking with the advice of the professor.