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Download Where In the World Should I Invest: An Insider's Guide to Making Money Around the Globe epub

by K. Rahemtulla,Bill Bonner

A fascinating exploration of which countries offer promisinginvestment opportunities for Americans now and in the years tocome

Most emerging markets investment guides focus on financialmetrics, but fail to provide the reader with new and relevantinsights into the history of the countries, the views of the peopleon the street, and the financial shenanigans that go on behind thescenes, that make for truly informed investing. As a result,despite the growing interest in investing in these markets,investors are often missing key opportunities because they eitherhave incorrect information about a country where they might invest,or simply don't know what questions they should be asking. WhereIn the World Should I Invest: An Insider's Guide to Making MoneyAround the Globe is here to help.

Drawing on author Karim Rahemtulla's personal experiencestraveling the globe and exploring the capitals where business istransacted, the book outlines the perils, pitfalls, and rewards ofinvesting in "low float" markets.

The essential resource for taking the right steps in exploringinvestment opportunities in foreign and emerging marketsExpert advice from an author with 20 years experience coveringemerging marketsCommentary on the expectations of foreign investors, the fearsof investing abroad, how to set up legal offshore accounts, andmuch more

Packed with unique insights into twenty countries and regionsaround the globe based on the author's extensive interviews andtravels, Where In the World Should I Invest is a must-readfor anyone thinking of expanding their investment portfoliooverseas.

Download Where In the World Should I Invest: An Insider's Guide to Making Money Around the Globe epub
ISBN: 1118171918
ISBN13: 978-1118171912
Category: Business
Subcategory: Investing
Author: K. Rahemtulla,Bill Bonner
Language: English
Publisher: Wiley; 1 edition (April 3, 2012)
Pages: 240 pages
ePUB size: 1428 kb
FB2 size: 1701 kb
Rating: 4.9
Votes: 938
Other Formats: docx rtf azw lit

This could be International Investing 101, Week 1. Skips western Europe and Australia. I guess they are not "emerging" enough. Some chapters are interesting, some amusing, but there is certainly nothing in this book to aid an investment decision. Still, I read the whole thing.
This book is really just a travelog. No useful investing information is in it - just listings of some companies, accompanied by enough caveats to turn you away.

The title is misleading.

Not worth the money.
I am not affiliated with Agora Publishing like some other reviewers (Bill Bonner, Mark Lichtenfeld, Lee Lowell, etc.).

As they've said, this book is mostly about travel, the premise being that in order to understand what you are to invest in, you must be "on the ground" to do your research. The book is divided by geographical region and each section contains an anecdotal description of the author's previous travels to the region, followed by recommendations on where to stay, what to buy and what to see. The author then presents his investment recommendations.

There are several difficulties with the book's content. The first is the primary emphasis on travelogue and travel guide and minimal discussion of investment opportunities. The second and most significant is that the two functions are completely disconnected from one another.

The China and Russia sections for example, include descriptions of the lack of transparency and corruption found in those countries' business practices, and makes the (only) recommendation to invest in the Templeton Dragon Fund and Templeton Russia Fund because the fund manager knows the areas well, and it is difficult to invest there without such knowledge. OK, this may be a sound recommendation, but then what are we doing on our trip to Beijing other than buying counterfeit merchandise (which there is a lengthy discussion of in the book)? On the ground research examples are presented in the form of anecdotes about his tours of various factories or offices, but advice on doing any kind of research for yourself while travelling is not presented anywhere.

The travel sections presumably are there for the investor seasoned enough to seek unique investment opportunities (which are never discussed), while the recommended investments would not benefit much from the kind of travel advised in the majority of the book. The India section, for example, concludes with the recommendation to buy Tata and Infosys. This is the kind of advice offered on any number of investing websites for free. Moreover, these websites could give you some fundamentals on the stocks and financials on the companies, not found in this book.

I consider myself a novice investor, but what I was hoping to get of this book was information I could use to explore opportunities available on international exchanges now that we have Interactive Brokers, as well as Scottrade and E-Trade offering Global accounts to average investors. Since the book emphasizes travel strongly, I had assumed that opportunities on international exchanges would predominate (otherwise what for the travel), but the only mention is in the section on East Africa where the websites of the exchanges of Kenya, Uganda, and Tanzania are merely listed and are presented as the entirety of the investment advice for the region. A simple Google search could have provided this information.

Basically, the investment advice is typical, minimal, and presented more thoroughly elsewhere, including free online sources. The majority of the book is about travel having no relation that the author details to investment research in those areas. And the majority of the travel advice is about shopping.

As a travel guidebook, the book also offers information that is typical and presented more thoroughly elsewhere. The "what to see" section of China is a chapter on the author's visit to the Great Wall. In Cambodia it is Angkor Wat. In Vietnam we have the "my visit to Ha Long Bay" chapter, making the book mostly travelogue.

This aspect is definitely the most interesting, but even here problematic. Others have described the author's tone as funny or comic, but I found it mostly boorish. He has an "issue with China" because they don't speak English there. Managua is "a pit" that you should avoid. Stay in Delhi no more than a few days it's so awful, but this is a good place to take a flight to Mt. Everest. And always stay at the 5 star Taj Majal in Mumbai because you'll need the reprieve from the city.

He's probably right about these things, but the boorishness comes out in his lengthy descriptions of the pollution, traffic, and poverty of the places he visits contrasted with the descriptions of his shopping excursions (China pays for itself in the money you save on fake goods!) and his luxury accommodations. Why there is a section on the physical characteristics of Indian people (they're not all short and dark like you think!)and a description of having servants, nannies, and attending private schools growing up I can't figure out, except to add to the overall effect of being completely disconnected from the people of the places he visits.

In summary, I see very little of value in this book. In fact, this is my first review on Amazon and I chose to write such a lengthy one because of how strongly I wish to not recommend it.
No what I was looking for.
This slim volume gives one much insight into the social, economic, and political situations of all parts of the world. As a guide for investment outside the USA, it provides invaluable insight.
This book is both very informative and very entertaining. It had good investment tips, but the information about each country was also filled with great travel tips. it gives one the flavor of countries even if if you have never been there.
I bought this book after reading the stellar review it received from Seeking Alpha, one of the top online investment sites. I am interested in foreign investment opportunities but lack the skill and knowledge necessary to make investment decisions in places that I am not familiar with. The book "Where In The World Should I Invest" solves that problem. Karim's extensive travels around the world gives me the inside scoop regarding the strengths and weaknesses of each country he visited. I love the travel observations he makes along the way, it gives me a feel for places I have never been to and connects me in a way. I think It would take me 10 years or more of extensive travel, resources, and research to come close to what Karim has already accomplished. Why try to reinvent the wheel, I prefer to follow the advice of a seasoned investor who has been on the ground of every country he discusses in his book. I really like the depth of investment ideas presented and especially his insight in HOW to invest in these opportunities, which levels to invest in and the fact that the opportunities are somewhat timeless. I mean where else are you going to find out how to specifically cash in on Brazil's residential boom or how to invest in Cambodia or Africa? Plus, I like the fact that he also uses well known closed end funds and ETFs that I can trade directly from the US...the key is that he explains WHEN to trade them which is as important as the investment itself. I enjoyed the book - it's not a dry read as most investment books are prone to be. The reviewer at Seeking Alpha was right on the money - a rarity these days.
This more like a travel log. Very little real investment advice or insight. Not worth the time or money etc.