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The Future For Investors: Why The Tried And The True Triumph Over The Bold And The New
Jeremy J. Siegel
Why the Tried and the True Triumph Over the Bold and the New
Crown Business
March 2005
On Sale: March 8, 2005
336 pages ISBN: 140008198X EAN: 9781400081981 Hardcover
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Non-Fiction
The new paradigm for investing and building wealth in the
twenty-first century. The Future for Investors reveals new
strategies that take advantage of the dramatic changes and
opportunities that will appear in world markets. Jeremy Siegel, one of the world’s top investing experts, has
taken a long, hard, and in-depth look at the market and the
stocks that investors should acquire to build long-term
wealth. His surprising finding is that the new technologies,
expanding industries, and fast-growing countries that
stockholders relentlessly seek in the market often lead to
poor returns. In fact, growth itself can be an investment
trap, luring investors into overpriced stocks and overly
competitive industries. The Future for Investors shatters conventional wisdom and
provides a framework for picking stocks that will be
long-term winners. While technological innovation spurs
economic growth, it has not been kind to investors. Instead,
companies that have marketed tried-and-true products for
decades in slow-growth or even declining industries have
superior returns to firms that develop “the bold and the
new.” Industry sectors many regard as dinosaurs—railroads
and oil companies, for example—have actually beat the market. Professor Siegel presents these strategies within the
context of the coming shift in global economic power and the
demographic age wave that will sweep the United States,
Europe, and Japan. Contrary to the popular belief that these
economic and demographic trends doom investors to poor
returns, Professor Siegel explains the True New Economy and
how to take advantage of the coming surge in invention,
discovery, and economic growth. The faster the world changes, the more important it is for
investors to heed the lessons of the past and find the
tried-and-true companies that can help you beat the market
and prosper in the years ahead.
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