Shell Shocked: How Canadians Can Invest After the Collapse

by John Stephenson

Overview

Shell Shocked explains why Canada will be the ultimate beneficiary of the global economic crisis and why buying all the Canada you can get makes sense. On just about every measure, Canada is ahead of the pack. We have the best fiscal situation of any G8 country. Our banking system, while not unblemished, has survived the meltdown and is in an ideal position to cherry-pick the cream of the crop globally. Canada's housing sector, while overvalued, never saw the excesses so prevalent in Great Britain and the United States. We have a national health care system, our government sector is strong and our reputation globally has been enhanced rather than diminished by this ordeal.

We've always been told that diversification outside of Canada made good investment sense. That Canada was just too small, too unproductive and too short on global champions to justify investing solely at home. But the world has changed. Canada is rising and so are the prospects for Canadian investors. Shell Shocked dispels the common wisdom with a bold claim-Canada is ground zero for investment success.

Product Details

ISBN-13:	9780470675793
Publisher:	Wiley
Publication date:	12/03/2009
Sold by:	JOHN WILEY & SONS
Format:	eBook
Pages:	320
File size:	706 KB

About the Author

John Stephenson is a senior vice president and portfolio manager with First Asset Investment Management Inc., where he is responsible for a wide range of Canadian equity mandates with a particular focus on energy and resource investing. He is a frequent guest on Business News Network (BNN) and the CBC where he comments on the economy, stock market and company-specific issues. John holds a degree in Mechanical Engineering from the University of Waterloo, an MBA with a concentration in finance from INSEAD, as well as the Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM) designations. He lives in Toronto.

Table of Contents

Preface vii

Chapter 1 Canada Rising 1

Chapter 2 America Falling 11

Chapter 3 Asian Express 35

Chapter 4 Financial Follies 55

Chapter 5 Bling: Investing in Gold 71

Chapter 6 Hot Housing: Investing in Real Estate 85

Chapter 7 A Bridge Too Far: Infrastructure Investing 99

Chapter 8 Not a Drop to Drink: Investing in Water 111

Chapter 9 Get Real: The Case for Commodities 123

Chapter 10 Shifting Sands: Investing in Oil 135

Chapter 11 Digging for Dough: Investing in Metals and Mines 155

Chapter 12 Food Fight: Food Inflation and How to Profit From It 169

Chapter 13 Canada Innovates 189

Chapter 14 Vertigo 207

Notes 217

Index 233