Discover the Upside of Down: Investment Strategies for Volatile Times

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Overview

A fierce economic battle is now raging between the forces ofdeflation and inflation—both attacking and devaluing yourinvestments. The Federal Reserve is fighting these enemies on twofronts but has been in a losing battle, as confronting one onlyfuels the other. The Federal Reserve's biggest fear is the memoryof 1929, when massive deflation, coupled with debt contraction,resulted in the Great Depression of the 1930s. With the currentdeflation of all major asset classes, the Fed is faced once againwith similar ...

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Overview

A fierce economic battle is now raging between the forces ofdeflation and inflation—both attacking and devaluing yourinvestments. The Federal Reserve is fighting these enemies on twofronts but has been in a losing battle, as confronting one onlyfuels the other. The Federal Reserve's biggest fear is the memoryof 1929, when massive deflation, coupled with debt contraction,resulted in the Great Depression of the 1930s. With the currentdeflation of all major asset classes, the Fed is faced once againwith similar circumstances. The question is, will the variousstrategies now being employed result in a different outcome, or arewe destined to fall into the New Great Global Depression of thetwenty-first century?

Today, more than ever, you must have a "profit and protection"strategy to defend your investments against unexpected negativereturns that could cause the stocks in your portfolio to beannihilated. In Discover the Upside of Down, Ron Cobyexplains these powerful forces and tells how they could trulydestroy your portfolio and your future financial well-being ifyou're not prepared. He shows how to navigate your financial futurein what is shaping up to be the roller-coaster ride of a lifetimeand gives wise advice as to how to position your finances for theboom and bust periods that lie ahead. Coby explains that a moretactical investment strategy with strict risk discipline isrequired in this new era of extreme market volatility.

Coby discusses how rampant "stagflation"—simultan-eousbouts of monetary inflation with intensifying deflation of realassets and economic stagnation—have caused the value of mostinvestments to go down while at the same time causing the prices oflife's necessities to rise. He offers a detailed investmentstrategy to profit from the minefields created by the forces ofdeflation and inflation, including opportunities in stocks, oil,gold, and the U.S. dollar, on the upside as well as the downside.His investment strategy and timing indicators will help youunderstand when it's time to sell stocks and protect your assetsand when it's time to go back on the offensive in search of capitalgains. In addition, he reveals his "10 Iron Laws ofInvesting"—wisdom drawn from his more than twenty years ofexperience in the investment business.

With turbulent economic times now upon us, this book will beyour ideal investment guide to navigate the tremendous marketvolatility that lies ahead for the U.S. and the global economy.This economic storm will eventually pass, and the protection andprofit strategies in Discover the Upside of Down will helpyou both profit in the current environment and prepare you to takefull advantage of a new bull market when the global economy movesforward once again.

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What People Are Saying

From the Publisher
"As anyone involved in finance has observed, the decade starting in 2000 has had 2 bear markets: 2000-2002 and now 2008-? The S&P 500 has had a negative return in the last 10 years that looks like it will break the 1929-1938 10 years [0.89%]! A book on "short selling" is a necessity — not an option — if you want to maintain your capital. This book is an excellent description of the how to profit from shorting."
—Victor Sperandeo, CEO of Alpha Financial Technologies, and author of Trader Vic on Commodities

"In today's macro-driven environment, Ron provides a roadmap for investors to embrace macro factors in their investment decisions. Ron's entertaining stories make complex concepts understandable and help investors protect their downside. This is an insightful read about the pitfalls of not having a global macro viewpoint and the need to stick to a basic set of "Iron Law" investing rules to keep out of trouble."
—Mark Argento, Senior Equity Analyst, Craig-Hallum Capital Group, LLC

"Ron navigates the dangerous waters of today’s markets and proves that he is much more profit than prophet, laying out a short side strategy that enables investors to surf volatility and come out a winner. Ron bares it all, and not just the glorious winners but the painful losers as well, using each to masterfully illustrate key principles. Like case studies, these investment stories put flesh on the cold hard axioms and make Ron’s strategy come to life. This book is a pleasure to read."
—Bob Scott, MBA, investor and fellow student of the "School of Hard Knocks"

"I was privileged to read an early copy of this book prior to the financial meltdown in the markets. As the news headlines in the weeks that followed began to echo Ron's predictions seemingly play-by-play, I found the book to be almost chillingly clairvoyant in its timeliness, scope, and accuracy. It’s clear, concise, and entertaining—a must read for today’s "average Joe" investor."
—Tom Burchill, author and "average Joe" investor

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Product Details

  • ISBN-13: 9780470419724
  • Publisher: Wiley
  • Publication date: 2/3/2009
  • Edition number: 1
  • Pages: 258
  • Product dimensions: 6.20 (w) x 9.10 (h) x 1.10 (d)

Meet the Author

RON COBY is a twenty-one-year industry veteran with a diverse background in securities. Starting on Wall Street in 1987, he has worked as a stockbroker, syndicate manager, investment banker, financial analyst and market strategist, venture capitalist, and currently as a hedge fund manager. A student of market history, Coby is passionate about his short side strategy—developed from an intense trial-and-error method of stupendous wins and disappointing losses while trading in wild bull and vicious bear markets. Currently, he is a partner in Coby Lamson Capital Management. Get to know Ron Coby and receive more information about this book by watching his video presentations at www.CobyLamson.com.

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Table of Contents

Acknowledgments.

Introduction.

Chapter 1: Bulls versus Bears, and the Winner Is . . . .

Chapter 2: Boomtown to Ghost Town.

Chapter 3: Today’s Dollar Is Worth Less, Tomorrow’sDollar Could Be Worthless.

Chapter 4: Black Gold: Boom and Bust Profit Opportunities in OilStocks.

Chapter 5: Why Gold? The Proliferation of Paper Money Creationand Inflation.

Chapter 6: Nothing but Downside: The Road Ahead for Stocks,Bonds, and Real Estate?

Chapter 7: The Short Side: The Only Side to Make Money in a BearMarket.

Chapter 8: The Long Side of Your Portfolio and the Four StagesAll Stocks Travel.

Chapter 9: Adventure Capital: Opportunities and Risks in PrivatePlacements.

Chapter 10: How to Identify the Bottom from the Top.

Chapter 11: My Beat-Up Chevy and the 10 Iron Laws ofInvesting.

Chapter 12: Finding the Grail: The Chapter that Demanded to BeWritten.

Epilogue: The Speed of Change.

Glossary.

Index.

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Sort by: Showing 1 – 2 of 1 Customer Reviews
  • Posted March 21, 2009

    Timely Advice

    I have read many investment books, but this is the first one that was both intelligent and easy to understand. No Wallstreet-speak here. Just a very honest accounting of what has happened to get us in the mess we are in, and how we as investors can protect our assets in this time. I HIGHLY recommend this work. Well done Mr. Coby.

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  • Anonymous

    Posted January 18, 2010

    No text was provided for this review.

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