The Next Big Investment Boom: Learning the Secrets of Investing from a Master and How to Profit from Commodities [Hardcover]

Mark Shipman (Author)

Book Description

Publication Date: May 28, 2006

In this no-nonsense book, British master analyst and self-made multi-millionaire Mark Shipman has three distinct goals: to alert the reader to the perils of handing over their hard earned cash to professional advisers; to describe specific investment strategies he has used successfully over the last 20 years and to identify a major investment opportunity that could last well over a decade and affect everyone--commodities.

Editorial Reviews

Review

"In an ongoing jousting match with the markets, Shipman uses a disciplined approach to keep from being upseated. He has garnered some peerless returns."

About the Author

Mark Shipman has been in the financial industry since 1979. After working for a major international investment bank and training as an accountant, he left to establish one of the UK's first independent alternative investment fund management companies. Shipman has worked as a consultant to various high net worth investors and institutions, and he also teaches his methods of investing to the public.

Product Details

• Hardcover: 179 pages
• Publisher: Kogan Page (May 28, 2006)
• Language: English
• ISBN-10: 0749445777
• ISBN-13: 978-0749445775
• Product Dimensions: 9.2 x 6.1 x 1 inches
• Shipping Weight: 1.1 pounds
• Average Customer Review: 4.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #2,117,654 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

12 of 12 people found the following review helpful:

5.0 out of 5 stars Excellent!, April 22, 2006

By 

Michael F. McPartlan (Buffalo, NY USA) - See all my reviews
(VINE VOICE)    (REAL NAME)   

This review is from: The Next Big Investment Boom: Learning the Secrets of Investing from a Master and How to Profit from Commodities (Hardcover)

Mr. Shipman has written an excellent, slim volume on futures investing. (Notice that I said "investing", not "trading".) "The Next Big Investment Boom" is not for anyone learning how to daytrade S&P Minis, swing trade energy markets, etc. Shipman discusses irrational markets of the past, like Tokyo real estate in the 80s, the tech bubble of the 90s, and everyone's perennial favorite, tulipmania in Renaissance Holland. From there, Shipman advocates a long-term view of commodities much like that of Jim Rogers in "Hot Commodities", the main factors fueling commodities price rises being increasing demand in Asia and other emerging economies, coupled with low profitability in recent years having forced many producers out of the markets. Unlike Rogers, Shipman combines long-range fundamental analysis with simple technical analysis a la Richard Donchian. Position sizing is simple: use a maximum of double margin (i.e. if the margin for a contract is $1,000 then you should have $3,000 per contract invested). The only part of the book that I did not find useful was the chapter on taxation, because Shipman is British and the book's discussion of taxation is not useful for traders in the United States. Other than that, this book is an excellent read!

1 of 1 people found the following review helpful:

3.0 out of 5 stars Not very Value adding when comes to commodities, October 2, 2007

By 

Zeid A. Massad (Washington, DC) - See all my reviews
(REAL NAME)   

This review is from: The Next Big Investment Boom: Learning the Secrets of Investing from a Master and How to Profit from Commodities (Hardcover)

I give Shipman the credit for tackling the history of several investment booms and smoothly explaining the phsycology and human factor behind hype. However, I don't see the book relevant when it comes learning about investing in commodities. I wish it explained more how to study the fundamental of each one instead of including an elementary schoolbook paragraph. If you have an investment background and know a bit about commodities, this is not for you. I would have rated the book higher had it been relevant to commodities as it claimed it was.