Product Description

In this his first book, Mark Shipman draws on his 20 years’ experience of building a personal fortune to reveal the secrets of successful investing.

In a highly readable and engaging style, he takes you step-by-step through every aspect of disciplined and lucrative investing. First he shows you the how
and why of taking responsibility for your money. Then he goes on to describe specific investment strategies that he has used himself with great success. In the final half of the book he describes in detail the commodity markets: a major investment opportunity that could last well over a decade.

Whether you’re new to investing or looking to brush up your skills, you’ll find sound and solid advice here on:

• how long-term investing works;


• why investing is a mental game;


• how to develop a personal investment strategy;


• why you should invest in commodities.

Mark Shipman combines a down-to-earth approach with solid research and an impressive command of his subject.

The Next Big Investment Boom will not only show you how to avoid making bad investments, but also how to make the right investments, at the right time, and make a significant amount of money.

Product Details

• Amazon Sales Rank: #157498 in Books
• Published on: 2006-03-03
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 179 pages

John White, private investor
“This book is clear, concise, positive, thought-provoking and very informative.”

Mel Mayne, Managing Partner, PaR Asset Management LLP
"I would recommend this book to both the first time investor and the experienced professional."

Karl Gysin, Chairman, Swiss Financial Services AG
"Mark Shipman’s style of writing makes reading this book an entertaining experience and offers an easy-to-understand and educational investment philosophy."

Customer Reviews

Compelling reading albeit with the odd caveat or two attached!
I have had the pleasure of meeting the author Mark Shipman in a journalistic capacity and I must say he does not come across as the sort of chap who sits it out on the fence when it comes to trading strategies or speaking his mind on investing. This is mirrored in his engaging commentary in the financial press as well as this very readable book about investing in commodities.

Shipman posses a world of experience when it comes to playing the markets and it reflects in his written work. Some parts of the book stand above the rest, for instance his treatment of the psychology of successful long term investing. He also makes a passionate case for why commodities are where one should put one's money. Examples of technical analysis techniques as envisaged by Richard Donchian in the book are also noteworthy, more so as Shipman explains how he uses these techniques / strategies when trading himself.

On reading it I thought it was brilliant! Two people have borrowed it from me - they think it was very good too! However, there is the odd caveat or two. First of all, the treatment of spread-betting is inadequate. Secondly, in my opinion as a financial journalist this book on its own cannot help one develop a personal investment strategy from scratch.

I remain deeply sceptical if such a layman's investment bible exists anywhere. Shipman's sound advice and guidance should be taken on board, but this book is no one-stop shop for buying investing acumen. It is complementary investment literature and not a supplementary one. Caution is needed. It may be used among a pool of resources to be used to learn more, but not on a stand alone basis. That's despite the fact that it is undoubtedly among these best in its genre.

One of the few excellent books on commodity investing
Mark Shipman gives some very compelling reasons to why we are at the beginning of a huge boom in commodities. He explains the nature of booms from the tulip boom in Holland hundreds of years ago to the recent dot com boom, and outlines how commodities are at the beginning of a similar cycle. He also gives some examples of Donchian-based technical analysis techniques, and how he uses these strategies in his own trading methods.

An interesting and eye-opening book
This book certainly opened up some aspects of investment that I had not been aware of, in a very readable and understandable way.

This book is now about 2 years old as I write this, and everything he wrote then about commodities has come to pass, as we have seen record prices for oil, gold, and even wheat very recently.

I cannot really agree with the cautions of reviewer "noj"; if you read the book carefully and use the same amount of caution as you would with any other investment decision, I don't see why it should be particularly dangerous. And even putting money in the bank could be regarded as dangerous these days; and if not dangerous, it's arguable whether money in the bank will hold its value, whereas if you invest in the way that M.S. suggests, you could make your "savings" grow substantially.

I would agree with criticisms of some other reviewers, that there is not enough detail about how spread-betting works, but this is not really a book about spread-betting, and there is plenty of information on the web about it. Similary there is nothing about some of the newer variations on S.B., such as binary bets. Maybe this is covered in his newer book.

Regards,
M.