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Posted December 11, 2009
Global Investor's Perspective
"World on Fire" is one of the most useful and interesting books I have read in a while. It provides information on who "market dominant minorities" in various corners of the world are and how they managed to get this dominance. As a global investor, I have found that it is extremely important to understand origins of top managers' power within companies, and how these managers and their companies fit in the power structures of their countries. This understanding is especially important in emerging markets, which often have under-developed legislative protection of investor interests.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Another important feature of the book is that it gives many vivid examples of ethnically targeted seizures and nationalizations in emerging markets. If you hear that a government of an emerging market country starts a propaganda campaign against a certain ethnic group, it might be time for selling shares of companies that this group controls, and potentially liquidating all investment positions in this country. Amy Chua has conducted excellent research and provided information that otherwise would have taken readers years to gather. Thank you!
Posted July 31, 2003
Brave and Brilliantly Written
Amy Chua¿s book should be required reading High School as well as College students. Information such as this is too important for voluntary reading. Part of America¿s ¿Why Do They Hate Us¿ attitude is attributable toward a lack of understanding in U.S. Foreign Policy, especially in its promotion of Globalization. Sorry CNN, your coverage is not adequate, nor objective enough, and only serves to reinforce the America is Great mentality. Amy Chua does a superb job in presenting the reader with the notion that perhaps the world doesn¿t really need our prepackaged brand of Democracy. An excellent example were the cultural differences and family values between East and West. From a personal perspective, I dare also say North America (USA) and South America (Latin). Imagine America¿s reaction if China imposed its cultural dynamics in America, and for those who have difficulty in picturing this need only travel to Miami and curse themselves for not paying more attention in Spanish class. Many of her examples were brilliant, however, I was surprised she omitted China¿s own Boxer Rebellion, who¿s market dominant minorities were the legations of France, Russia, Germany, Japan, Italy and the USA. In closing, I was disappointed Ms. Chua didn¿t cover more information on Cuba. I personally am pleased that Cuba¿s market dominant minority are comfortably living in Miami.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted June 2, 2003
A Breathtaking Work of Scholarly Brilliance
With her breathtaking analysis of world economic issues Amy Chua recasts the globalization debate and provides a new understanding of the post 9/11 world.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.