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by Steve Cortes
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Investing
  • Author:
    Steve Cortes
  • ISBN:
    1118083180
  • ISBN13:
    978-1118083185
  • Genre:
  • Publisher:
    Wiley; 1 edition (December 13, 2011)
  • Pages:
    208 pages
  • Subcategory:
    Investing
  • Language:
  • FB2 format
    1458 kb
  • ePUB format
    1277 kb
  • DJVU format
    1828 kb
  • Rating:
    4.8
  • Votes:
    548
  • Formats:
    docx lrf docx lit


The buffaloes would unwittingly follow the herd right off the cliff to their death I bought this book sight-unseen because I very much enjoy Steve Cortes on Fastmoney, and I think the things he says are well thought-out and intelligent

The buffaloes would unwittingly follow the herd right off the cliff to their death. Well in 21st Century America, in many ways Wall St. is the pack of hunters and investors have become the buffaloes. Sadly too many investors have blindly followed the Street's conventional "wisdom" and plunged into a world of insane volatility and a lost decade of equity investing for which most investors are very ill suited. I bought this book sight-unseen because I very much enjoy Steve Cortes on Fastmoney, and I think the things he says are well thought-out and intelligent. I got the book tonight, and gave it a very read.

1 online resource (vi, 197 pages). Steve Cortes of CNBC pulls no punches in explaining these trends. Many will find his views counterintuitive and even controversial.

Against the Herd book. Goodreads helps you keep track of books you want to read

Against the Herd book. Goodreads helps you keep track of books you want to read. Start by marking Against the Herd: 6 Contrarian Investment Strategies You Should Follow as Want to Read: Want to Read savin. ant to Read.

6 Contrarian Investment Strategies You Should Follow. You should consult with a professional where appropriate

6 Contrarian Investment Strategies You Should Follow. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages. For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762–2974, outside the United States at (317) 572–3993 or fax (317) 572–4002.

Against the Herd: 6 Contrarian Investment Strategies You Should Follow. Steve Cortes is a TV broadcaster, public speaker, and market strategist. In fact, he doesn’t even shy away from shutting down Trump haters! His political accomplishments and views have made people curious about him. A known face in the political world, Steve Cortes was a Trump campaign operative. He is a regular contributor at one of the leading financial news networks, CNBC

Against the Herd presents six contrarian views of major events that will shape the future.

Against the Herd presents six contrarian views of major events that will shape the future. Some will find his forecasts alarming. Against the Herd" shows you how to profit by bucking conventional wisdom and what to do to get ready when situations call for contrarian investing. But open-minded readers who are willing to heed his well-informed advice will find it illuminating, beneficial, and profitable.

Written by Steve Cortes, Audiobook narrated by Ross Douglas. Against the Herd presents six contrarian views of major events that will shape the future.

He authored Against the Herd: 6 Contrarian Investment Strategies You Should Follow. Mr. Cortes graduated from Georgetown University, where he was a George Baker Scholar, was nominated by the University for Rhodes Scholarship and played varsity football

He authored Against the Herd: 6 Contrarian Investment Strategies You Should Follow. Cortes graduated from Georgetown University, where he was a George Baker Scholar, was nominated by the University for Rhodes Scholarship and played varsity football. Cortes lives in Chicago with his wife and four children.

CNBC's Fast Money Commentator Steve Cortes shows how to buck the trend and become a well-informed investor

The public needs to think independently and not be duped, particularly because those who are selling their messages or promoting their ideas have a plethora of powerful media through which to do so. Against the Herd presents six contrarian views of major events that will shape the future. Steve Cortes of CNBC pulls no punches in explaining these trends.

Many will find his views counterintuitive and even controversial. Some will find his forecasts alarming. But open-minded readers who are willing to heed his well-informed advice will find it illuminating, beneficial, and profitable.

Steve Cortes presents six contrarian views of major events that will shape the future for investors including the fall of China and the end of the golden era of free tradeThe contrarian stances are presented because they are actionableReveals how these events will affect global markets and specific investments, and how and when to take advantage of these key moves

Against the Herd shows you how to profit by bucking conventional wisdom and what to do to get ready when situations call for contrarian investing.


Falya
I bought this book sight-unseen because I very much enjoy Steve Cortes on Fastmoney, and I think the things he says are well thought-out and intelligent.

I got the book tonight, and gave it a very read. It was enjoyably written, with every few lines containing his clever 80's references which I very much enjoy. However, I think the book is mistitled, since the title mentions 6 "strategies".

I wouldn't call his book a book on strategies, more like macro-economic theses. Although it is well-written, and I very much enjoyed reading it, I can't really trade off his information presented in the book. The 6 chapters essentially are: 1) China is going to crash; 2) Japan won't recover; 3) Gold is a bubble; 4) Housing won't recover; 5) Don't invest in stocks; 6) the US rocks. Faithful viewers will recognize all but #5 as his central themes that he talks about on Fastmoney.

And although I agree with him completely in terms of the macroeconomic outlook, the information is useless in terms of actual trading. I believe he is correct on all counts, however, the one tenet that he doesn't mention (or maybe I missed it) is that "The markets can remain irrational for longer than you can remain solvent." I learned this the hard way when I went short the markets in 2009 because of all the fundamental problems that the US was facing, however, the markets didn't care, and I got burned.

So the information that Steve Cortes presents is very interesting, but the one last piece of information that is needed is how to time the markets with the information presented in his book. Because of that, it left me feeling a bit disappointed, since he trades on Fastmoney seem excellent, I'd very much liked to have gotten insight into how he traded off those macroeconomic theses, and how to trade off of being a contrarian.
mym Ђудęm ęгσ НuK
Quick read. Author states that China's overrated and Japan will implode. The latter I feel is inevitable having just returned from Kyushu/Tokyo/Akita last fall and could feel defeat in the air. Cortes says amateur investors should limit investing in stocks as they are too volatile. Even though this was published in 2012 I still learned enough to justify the 2.5 hrs spent reading
Acebiolane
Ok, first let me admit..I was concerned that this book would be written in spanish and that I would not be able to understand the lingo, but to my surprise the book was written in English and actually was brilliant in every way. I have been a trader for over 36 years and have never read a book that encapsulates every minute aspect of our industry and the challenges that face our humanity. Not only was the book full of insider industry information, it was also an homage to the United States of America. Steven Corte's pen bleeds red white and blue with every patriotic word. I do not know if Steven was originally born in this country, but he is possilby the greatest American since Ronald Reagan. His book was very easy to read for both trading professionals as well as those who are ignorant and oblivious to the intricate mechanisms of the market structure. Steve could explain heart surgery to a homeless man with his elegant and sophisticated verbage. In this book Steven has taken probably the most difficult topic since nuclear fusion and turned it into a child's coloring book. I admire Steven's courage to tackle such a huge undertaking, however as a former Bakers scholar I understand how he succeeded so brilliantly. My hat is off to Steven. He is a beautiful man, and finally has blessed the trading industry with his beautiful yet delicate prose. Congratulations Steven your lifes work has been completed, now you can lay your beautiful brown head on your pillow at night knowing you have given man kind a gift that would not have been opened if not for your talents and generosity. Steven Cortes, God Bless you, and God bless America.
Unde
I find this book's title totally hilarious considering the author works for CNBC one of the biggest promoters/generators of "Herd Mentality" out there. You cannot watch their show other then for entertainment...

...With that said this author cautions investors NOT to buy stocks unless your wealthy ??? but "Bet on America" ??? Ok, so I should not but the companies that will lead America in the future i.e. GE etc. If stocks aren't the place to be why should wealthy investors buy them. Makes no sense.

One of the best books ever on investing: "Warren Buffett Speaks"...learn from a true master. All the best.
Thomeena
Cortés' main point in the book is that when most investors and pundits are focused on a trade, the real smart money questions that thesis, and can make large profits by playing the other side.

He comes out strongly against investing in gold despite, or even because of, the large run it has had. He has similar feelings about Chinese stocks and the centrally controlled Chinese economy. His book includes dire warnings about Japan, and continued concerns about the United States housing recovery.

Cortés questions whether most individuals should even be invested in the stock market, considering equities' poor performance over the last decade. Despite those misgivings, he wraps the book up with a chapter promoting his strong belief in America.

He also infuses the book with humor, primarily by using pop culture references to make a point. The examples may not always be appropriate (or even accurate) but they provide a light touch to what can be a dry subject.

Expect to find Mark Twain, MC Hammer and Bill Belichick used to support one of Cortes' points. There are plenty of illustrative graphs and interesting historical anecdotes.

You may not agree with all of the advice in the book, but Against the Herd is fun, informative and a fine read.