Deflation: How to Survive & Thrive in the Coming Wave of Deflation

by A. Gary Shilling

Selected as one of the "Best Business Books of the Year" by Library Journal , Deflation provides tools for investors to protect their assets and invest profitably in deflationary times, a post-inflation economic environment that few of today's investors have experienced­­and even fewer understand. Lively and easy-to-understand, it tells investors how to recognize telltale signs of deflation, discusses the industry sectors that are positioned to outperform the overall market, and reveals 13 deflation-ready investing strategies­­including low-risk fixed income techniques designed to sustain equity-style total returns.

Genres: Economics, Finance

342 pages, Paperback

First published June 1, 1999

Reviews

[Daniel · Rating 2 out of 5]

I'd like to accomplish two things with this review of a book that, frankly, isn't worth a close read.

First, I'll briefly point to the specific sections of the book readers can skim to extract most of the book's value--see the next paragraph for that part. Second, I want to use this book--which is the macroeconomic prediction equivalent of a man with a hammer--to expose the "expert prediction" game and illustrate how dangerous it is to credulously follow so-called expert predictions, especially when it comes to stock markets and economics.

We'll start with what to skip and skim. A... [see the rest on my book review site.]

[Christopher · Rating 4 out of 5]

Great technical read. However, the edition I read was written in 1988. For me it was a great exercise in comparing the predictions to what's actually occurred in the 90's and the 21st century.

I recommend picking up a more recent book by the author. Today's disinflationary market is right up Mr. Shilling's alley.