The Agile Investor
PROFITING FROM THE END OF BUY AND HOLD
Predicts future inflationary trends while explaining the reasons behind the market’s dangerous volatility, detailing an investment strategy for surviving and profiting.
Dr. Stephen Leeb’s purpose in writing The Agile Investor is to help investors deal with what he predicts will be a stagnant stock market. The author argues that in the next ten years the incredible bull market of the 1980s and 1990s will end and the country will experience great inflation, including $5-a-gallon gasoline and steep mortgage rates.
Fast forward to 2022, indeed, Dr. Stephen Leeb was correct in his predictions made at the time of this book’s publication in 1997. Regardless of when this book was written, Dr. Leeb’s incredible insight into the cyclical nature of the stock market allows for you to apply these investment principles to any era.
In the ‘Agile Investor’ Dr. Stephen Leeb cites lack of economic growth, a continued threat from foreign competition, a crisis in the American education system, and huge amounts of debt as reasons why he made the aforementioned predictions. He claims that the days of buying a stock and holding it are over, because a volatile market will require investors to use market timing to buy and sell stocks at precisely the right moment. Dr. Leeb offers well-written, easy-to-understand content that anyone can apply to their own investment strategy.
AUTHOR > INVESTMENT ADVISER > RENOWNED ECONOMIST
Stephen Leeb is a prolific author, investment adviser, and money manager who has been analyzing financial markets for more than 40 years. Known for his prescience in connecting the dots among hidden or overlooked trends-macroeconomic, scientific, and geopolitical. Accurately describing the investment implications, often going against conventional wisdom. Author of nine books on investing and geopolitical trends including his most recent book, China’s Rise and the New Age of Gold: How Investors Can Profit from a Changing World (2020, McGraw-Hill Education). Senior Editor of the award-winning investment newsletters The Complete Investor and Real World Investing, published by Investing Daily. Stephen is the Founder and Research Chairman of Leeb Capital Management- a wealth management firm based in Manhattan, New York.