Power Hungry: Strategic Investing in Telecommunications, Utilities and Other Essential Services [Hardcover]

Roger S. Conrad (Author)

Book Description

ISBN-10: 047144295X | ISBN-13: 978-0471442950 | Publication Date: January 4, 2002 | Edition: 1

The best strategies for investing in the utilities industry
With the deregulation of the utility industry, the entire landscape of the power economy has greatly changed. This has had a dramatic impact on consumers, corporations, and especially investors. The only book focused on investing within the energy, communications, and water industries, Power Hungry offers a comprehensive look at the considerable opportunities arising from these industries. Along with providing one-of-a-kind investment strategies for investing in utilities and other essential services, Power Hungry provides a framework for readers to construct their own model portfolio of stocks, commission-free, so they can reap the rewards of a field with enormous profit potential. Established companies may no longer hold the lion's share of the marketplace, but this book corners the market on investing in these profitable industries.

Editorial Reviews

From the Inside Flap

Over the past decade, the utilities industry has been turned upside down. Convinced America's electricity, gas, communications, and water could be provided more efficiently and cheaply in a competitive market, state and federal lawmakers have deregulated these industries, only to find the former monopolies grow in size, while smaller competitors are either overtaken or forced into bankruptcy. This deregulation has had a dramatic effect on consumers, corporations, and especially investors.

Power Hungry: Strategic Investing in Telecommunica-tions, Utilities & Other Essential Services takes a comprehensive look at these industries and shows you how to take advantage of the changes within them over the last decade. Despite new risks, there are considerable opportunities to profit from these changes by investing in select companies. Power Hungry provides one-of-a-kind strategies for investing in utilities and other essential services, along with the framework needed to construct your own model portfolio of stocks-commission-free-to reap the rewards in these industries filled with enormous profit potential.

A full examination of the energy, communications, and water industries gives you a complete understanding of where they stand, where they are headed in the future, and who is likely to profit. Profiles of industry experts and leaders-Jonathan Gottlieb, Robert Fagan, Richard Green, Nick DeBenedictus, and many others-provide an insider's view of what is likely to come next and where investors can look within these industries for maximum return on investments. Specific chapters include "Five Rules for Investing Success" within these industries and "The Consumer's Guide to Utility Deregulation" so that you can identify companies of any size that are offering long-term investors the prospect of massive returns. As companies compete for a piece of the deregulated markets in the years to come, Power Hungry will help you figure out where and when to invest.

Picking utility stocks is more lucrative than ever. With Power Hungry as your guide, you can navigate this new era in utilities and essential services and corner the market on investing in these profitable industries.

From the Back Cover

The Best Strategies for Investing in the Power Industry

The face of the utilities industry has changed dramatically since the deregulation laws were passed. And, in many ways, this has affected no one more than investors in this industry. How can you, as a sophisticated individual investor, take advantage of the recent changes and avoid the pitfalls while navigating this new terrain?

Written by industry expert Roger Conrad, Power Hungry can help you profit from the enormous potential in this field. Power Hungry details for the investor:
* How energy deregulation works
* The role of new technology in the utilities industry
* The aftermath of utility deregulation
* The most effective criteria for picking the best utility stocks

As the only book focused on investing within the energy, communications, and water industries, Power Hungry offers a comprehensive look at the past, present, and future of the utility industry, allowing you to make the most profitable investing decisions.

See all Editorial Reviews

Product Details

• Hardcover: 320 pages
• Publisher: Wiley; 1 edition (January 4, 2002)
• Language: English
• ISBN-10: 047144295X
• ISBN-13: 978-0471442950
• Product Dimensions: 9.3 x 6.4 x 1.1 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Average Customer Review: 4.6 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #1,876,177 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

2 of 2 people found the following review helpful:

5.0 out of 5 stars Power Update, April 26, 2002

By A Customer

This review is from: Power Hungry: Strategic Investing in Telecommunications, Utilities and Other Essential Services (Hardcover)

A good, well written update on the power industry. Conrad is balanced, shows no bias but is obviously concerned about the future power situation. 20 years of underinvestment, in his opinion, will start taking their toll and it is up to us to rethink this and take a long, hard look at the changes taking place in the industry.

Good for the investor and a must read for the Analyst (if there are any left) on Wall Street.

2 of 2 people found the following review helpful:

5.0 out of 5 stars A Great Book for Consumers and Insiders, April 24, 2002

By A Customer

This review is from: Power Hungry: Strategic Investing in Telecommunications, Utilities and Other Essential Services (Hardcover)

Conrad is one of the top independent analysts of the essential services industry--utilities, pipelines, telecom, etc. Here he steps back to give readers the historical context of deregulation in the power industry, how it came about, what it's implications are, and how to benefit from it.

Part investment book, part history book, part current events book, it does a great job integrating all these varied aspects into an interesting, edifying read. For anyone interested in what's going on with the most necessary services within our economy this book satifies on numerous levels.

1 of 1 people found the following review helpful:

5.0 out of 5 stars Great Investment Advice - None Better!, November 3, 2011

By 

Reading & Writing 24/7 (Southern California United States) - See all my reviews

Amazon Verified Purchase

This review is from: Power Hungry: Strategic Investing in Telecommunications, Utilities and Other Essential Services (Hardcover)

I have to take issue with the review that says the book is "Bad for Investment Advice." Power Hungry is a decent introduction to utilities, which the author broadens to include all "essential services" like water and telecom. A lot of the info is dated since this was written several years ago. But if you want to know how to invest in utilities for both income and capital gains, it's a great primer.

I've been an investor since 2000 - yes, I started just before the dot-com crash. It took me a couple of years to make back losses, and I never would have made any money if I didn't discover that SAFE stocks like utilities are the only way to make and hold on to profits. The reason I'm coming back to look at Conrad's book after first reading it 5-6 years ago is because utilities are out-performing everything else right now. I just read the investment newsletter reviews from MarketWatch, and they're rating Conrad's newsletter about utility stocks as the second highest in returns out of a couple hundred (I think) newsletters. I'm not a subscriber, and I don't usually write Amazon reviews, but it annoyed me that the first review that shows for this book is WAY off base in saying you shouldn't read it for investment advice. It's the FIRST one you should read for investment advice - if you want to actually make money!! There are thousands of fancy investing books, and lots that are better written, but in the end it's all about making money, right? 'Nuff said.