Own the World: How Smart Investors Create Global Portfolios
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More About This Title Own the World: How Smart Investors Create Global Portfolios

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Aaron Anderson is a Capital Markets Research Analyst at Fisher Investments where he focuses on global macroeconomic and market trends. He holds BS degrees in geophysics from the University of California, Santa Barbara and applied economics from the University of San Francisco. Anderson writes a regular column for MarketMinder.com titled "The Global View", and instructs at investing seminars nationally. He and his wife Kim reside in Danville, California. They enjoy traveling (and investing) all over the world.

English

Preface.

Acknowledgments.

Chapter 1. Who Needs a Global Investment Portfolio?

The Most Important Question.

"Home Sweet Home" Bias.

We're Not Alone Out There.

Global Isn't International.

Chapter 2. Not as Foreign as You Think.

Made in the USA.

A Day in the Life.

Chapter 3. Getting More for Less: Return Enhancement and Risk Management.

Risk and Return: The Dynamic Duo.

Keep Your Eye on the Globe.

Chapter 4. The Global Landscape.

An Economic Perspective.

What's Your GDP Worth?

Taking Stock . . . Globally.

Industry Classification.

GICS. 

Chapter 5. Top-Down Investing.

Are You Down for Bottom-Up or Up for Top-Down?

Top-Down Is Tops.

The Top-Down Process.

Step 1: Asset Allocation.

Step 2: Sub-Asset Allocation.

Step 3: Stock Picking.

Chapter 6. Four Steps to Investing Success.

Step 1: Choose a Benchmark.

Step 2: Analyze the Benchmark’s Components and Assign Expected Risk and Return.

Step 3: Blend Dissimilar Investments to Moderate Risk Relative to Return.

Step 4: Always Remember You Could Be Wrong, So Don't Stray From the First Three Rules.

Chapter 7. I'm Convinced . . . Now Tell Me How.

Who Doesn't Want More Time and Money?

Mutual Funds.

Exchange-Traded Funds (ETFs).

Depository Receipts.

Ordinary Shares.

Chapter 8. The Currency Effect.

The Almighty Dollar, Euro, Pound, Ringgit, Baht . . .

Currency Trivia.

Wrangling Exchange Rates.

Currencies and Your Global Portfolio.

What's a Global Investor to Do?

Currency Strategies.

Trading Currencies (If You Dare).

Chapter 9. Common Challenges in Global Investing.

Volatility Happens.

Dollars and Sense. 

Political Risk.

Risks, Risks, and More Risks.

Notes.

About the Author.

Index.

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