The Importance of Reading in Capital Flow Analysis Importance of Reading : continued

Watch the Horsemen!

The Importance of Reading in Capital Flow Analysis

Because Capital Flow Analysis is dependent upon understanding historical trends and capital market institutions in a broad cultural context, it is unlikely that anyone will be very successful with this method without a substantial diet of non-fiction reading that goes beyond newspapers and magazines.

On this site we have listed hundreds of non-fiction books that provide background for Capital Flow Analysis.

The list has more books than most of us read in several years. However, from this list, you might select books that are relevant to the market you are studying.

A capital flow analyst must be well read ...

Unfortunately, the phrase 'liberal education' does not mean the same today as it did in the mid-20th century.

It is now possible to graduate with a Masters Degree in Business Administration from an Ivy League college and become a Chartered Financial Analyst, without ever having done much reading in world history, sociology, religion, philosophy, literature, or ethics.

Without strong reading habits focused on non-fiction works of the type suggested on this site, it is difficult to understand and place in proper context the great secular trends that govern capital markets.


Before proceeding, check your progress:


The best background in history and sociology useful for Capital Flow Analysis can be obtained by:
Choice 1 Reading fiction.
Choice 3 Studying for a CFA exam.
Choice 4 Obtaining an MBA from Harvard.
Choice 2 Reading non-fiction.
We should read history books in order to:
Choice 2 Place capital flows in context.
Choice 1 Impress our clients.
Choice 3 Understand historical trends.
Choice 4 Implement Modern Portfolio Theory.
Sources of information for Capital Flow Analysis come from:
Choice 2 Newspapers and magazines.
Choice 3 Non-fiction books.
Choice 1 The Internet.
Choice 4 The Federal Reserve Board

Learning Module: Steps in Capital Flow Analysis  learning module : continued >

Suggested Reading in Capital Flow Analysis
'Generation Kill: Devil Dogs, Iceman, Captain America, and the New Face of American War', Hardcover, Evan Wright

A firsthand report of the first phase of the Iraqi invasion.

'Contemporary Nuclear Debates: Missile Defenses, Arms Control, and Arms Races in the Twenty-First Century', Paperback, Alexander T. J. Lennon

The proliferation of weapons of mass destruction, in the hands of both states and terrorist networks, is considered by many to be the greatest threat to global security today.

NATO, The European Union, and the Atlantic Community: The Transatlantic Bargain Reconsidered', Paperback, Stanley R. Sloan

The deep roots of current tensions shaking the alliance as its members face the challenge of adapting to new threats posed by terrorism and proliferating weapons of mass destruction.

'Red Dragon Rising: Communist China's Military Threat to America', Hardcover, Edward Timperlake, William C. Triplett II

Describes the threat to world peace in China's wonton proliferation of nuclear weapons and launch systems, heavy handed treatment of internal dissent and long history of aggression toward its neighbors.

'Iran's Nuclear Option: Tehran's Quest for the Atom Bomb', Hardcover, Al J. Venter

Why and how the Islamic Republic of Iran, for almost two decades, managed to escape the attention of the West in its bid to acquire the equipment, skills and expertise needed to manufacture the atom bomb.

'Nanotechnology: A Gentle Introduction to the Next Big Idea', Paperback, Mark A. Ratner, Daniel Ratner

How nanotechnology works, recent advances, and the future of the field, this book offers a simple, brief, almost math-free introduction for nonscientists.

'Osama's Revenge: The Next 9/11: What the Media and the Government Haven't Told You', Hardcover, Paul L. Williams, Prometheus Books

Based on the findings of US, Israeli, Pakistani, and British intelligence, Williams describes how the theft of tactical nuclear weapons from Russian arsenals have in all likelihood made their way to al Qaeda cells throughout the United States in preparation for the next terrorist attack.

'Information Warfare: How to Survive Cyber Attacks', Paperback, Michael Erbschloe, John Vacca

Information warfare is a large organized effort to obtain and destroy information by whatever means possible with the intent of destroying or taking over a government or corporate entity. This guide provides information on the emerging super-intelligent anti-social subculture of hackers and cyber-terrorists as well as practical recommendation on how they can be stopped.

'Migration and Cultures: A World View', Paperback, Thomas Sowell

A sweeping look at major world migrations, this book provides revealing glimpses of the enormous role of cultural heritages and their far-reaching implications.

'The Party's Over: Oil, War, and the Fate of Industrial Societies', Paperback, Richard Heinberg

Global oil production will 'peak' before 2010; then production will irrevocably decline, never to rise again. However, the demand for oil will continue to rise and the spread between falling supply and rising demand will rapidly grow, as no adequate alternative energy source will be available to cover the shortfall.

'Energy at the Crossroads: Global Perspectives and Uncertainties', Hardcover, Vaclov Smil

An excellent overview of the energy picture with a thorough discussion of why predictions tend to fail. Before anyone gets too carried away with doomsday scenarios of impending energy crisis they should read this. Conversely, anyone not concerned about the state of our planet and our rate of energy consumption should also read this.

'Flashpoint: How the U.S., India, and Pakistan Brought Us to the Brink of Nuclear War', Paperback, J. Sri Raman

The author demonstrates that by becoming 'allies' in the U.S.-led war on terrorism, India and Pakistan have actually become more implacable adversaries than ever before.

'India's Emerging Nuclear Posture: Between Recessed Deterrent and Ready Arsenal', Hardcover, Ashley J. Tellis

On May 11, 2020, after a hiatus of more than two decades, India conducted a series of nuclear tests that signaled a critical shift in its strategic thinking.

'Merchants of Immortality: Chasing the Dream of Human Life Extension', Hardcover, Stephen S. Hall

The author discusses the discovery of the Hayflick limit, the finite limit to the number of times a normal cell can divide; the connection of that limit to the telomeres, the shoelace-tips on the ends of chromosomes; the chimerical enzyme telomerase, two parts protein and one part RNA, which repairs the telomeres and helps make cancer cells immortal; the sir-1 gene and its congeners which can double or sextuple your lifespan, and more.

'The Intensification of Surveillance: Crime, Terrorism, and Warfare in the Information Age', Paperback, Kristie Ball, Frank Webster

Explores the range of issues related to increased surveillance. How do we track suspects and combat crime without eroding civil liberties?

'Plague Wars: The Terrifying Reality of Biological Warfare', Paperback, Tom Mangold, Jeff Goldberg

Anthrax. Plague. Smallpox. Ebola. These are the weapons of the future—microscopic organisms produced in laboratories and unleashed on unwitting populations to reproduce, spread, and kill. They are as deadly as atomic bombs, much cheaper to create, and much easier to distribute.

'The End of Oil: On the Edge of a Perilous New World', Hardcover, Paul Roberts

Within thirty years, by even conservative estimates, we will have burned our way through most of the oil that is easily accessible

'Tomorrow's Energy: Hydrogen, Fuel Cells, and the Prospects for a Cleaner Planet', Paperback, Peter Hoffman.

Hydrogen as the energy of the near future, its history as a fuel and what measures currently being taken to produce hydrogen-powered automobiles, air and space craft, homes, and offices. Hoffmann describes how hydrogen fuel is produced and used, and why hydrogen is a better choice than fossil fuels.

'Age Power: How the 21st Century Will Be Ruled by the New Old', Paperback, Ken Dychtwald

Dychtwald says that we are unprepared for the aging of the Boomers and predicts epidemics of chronic diseases such as Alzheimer's. Tens of millions will live their last years in poverty.

'Hubbert's Peak: The Impending World Oil Shortage', Paperback, Kenneth S. Deffeyes

Deffeyes delivers a sobering message: the 100-year petroleum era is nearly over. Global oil production will peak sometime between 2004 and 2008, and the world's production of crude oil 'will fall, never to rise again.'

copyright | privacy | home