Business

Saturday August 29, 2009

Book reviews

By THEAN LEE CHENG


Safe Money in Tough Times

Author: Jonathan Pond

Publisher: McGraw Hill

THE author explains how to stay afloat while the economy sinks. He uses practical, common sense knowledge and wisdom that has made him one of the US’s most popular finance experts. Pond helps you both weather the storm and position yourself to profit when the economy inevitably rebounds. He offers practical notes on managing debt, reducing expenses, coping with unemployment, minimising complications if your finance takes a buffer and making sound decisions.

Pond is an Emmy Award-winning contributor and host of 18 prime-time public television specials about investing and personal finance. He also makes regular national appearances on CNN and NBC’s Today’s shows.

When China Rules The World

Author: Martin Jacques

Publisher: Penguin Group

FOR hundreds of years, the term ‘modernity’ has been synonomous with being western. This book argues things will be different with the rise of China as the Middle Kingdom reasserts itself. Martin Jacques, with his background in international relations and politics, takes a positive view of China reassuming its traditional position at the centre of East Asia and how this will affect both politics and economics.

His main argument is that the West will no longer be dominant and the term ‘modernity’ can be defined in many ways with the new hierarchy. The old tributary system will resurface in a modern form and contemporary ideas of racial hierarchy will be redrawn and China’s sense of superiority will emerge with greater force than ever before.

Benjamin Graham on Investing

Edited by Rodney G. Klein

Publisher: McGraw Hill Companies Inc

LEGENDARY investing author and philosopher Benjamin Graham lived through interesting times at a time when the stock market fluctuated in wild dips and peaks when the world entered World War I. Inspired by the events, Graham began writing articles on his ideas on value investing and security analysis.

For the first time, these important works have been put into a single volume. This hardcover is a treasure trove of rare and out-of-print articles that document the early flashes of genius from a man whose ideas and theories would revolutionise investment philosophy and inspire the careers of Warren Buffet, Seth Klarman, Charlie Munger and other top-tier investors.

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