Bubbles and How to Survive Them

Housing equity, 401Ks, Pension funds. They all may be vulnerable to the next bursting bubble. John Calverley lays out the fundamentals of our asset-backed economy and explores the powerful implications for individuals, businesses, central banks, and policy makers.

Housing equity, 401Ks, Pension funds. They all may be vulnerable to the next bursting bubble. John Calverley lays out the fundamentals of our asset-backed economy and explores the powerful implications for individuals, businesses, central banks, and policy makers.

Soundview Executive Book Summaries

Chief Economist and Strategist for American Express Bank John P. Calverley has studied the bubbles and busts in stock markets and home prices and why they occur, focusing on the interaction between interest rate policy and the psychology of investor behavior. In Bubbles and How to Survive Them, Calverley describes how bubbles can be identified as they emerge and prevented from inflating too far. He also explains how a diverse portfolio can protect investors. Copyright © 2005 Soundview Executive Book Summaries