A book review by Richard Gill, Master Investor
... This book is essential reading for anyone interested in getting a head start on the investment trends of tomorrow... Perhaps the most interesting trend covered is the demographic phenomenon of the retirement of the baby boomers.
The book concludes with the author discussing the various types of risks involved in investing and explaining how investors could structure their portfolios to find decent returns in the future. While Jensen states in bold text that "it is time to step away from index investing!" he does admit that he could be wrong. Only time will tell.
This is a thought provoking book for anyone who is concerned with increasing their wealth. It takes a long-term view and is packed with detailed stats, well discussed and interesting economic theory, along with a global perspective on how things might change. While many of the concepts discussed do not make for pleasant reading in investment terms, the fact is that many, especially the retirement of the baby boomers, are set in stone and are going to affect pretty much everyone on the planet either directly or indirectly. As such, this book is essential reading for anyone interested in getting a head start on the investment trends of tomorrow.
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