Buy Used
$4.00
Condition: Used: Good
Comment: This book has already been loved by someone else. It MIGHT have some wear and tear on the edges, have some markings in it, or be an ex-library book. Over-all itâ€TMs still a good book at a great price! (if it is supposed to contain a CD or access code, that may be missing)
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

The End Is Not Nigh Paperback – 2007


See all formats and editions Hide other formats and editions
Amazon Price New from Used from
Paperback, 2007
"Please retry"
$6.95 $0.01
NO_CONTENT_IN_FEATURE

Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Paperback: 161 pages
  • Publisher: GaveKal Research (2007)
  • Language: English
  • ISBN-10: 9889975211
  • ISBN-13: 978-9889975210
  • Product Dimensions: 8.9 x 6.1 x 0.5 inches
  • Shipping Weight: 11.2 ounces
  • Average Customer Review: 3.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #2,778,364 in Books (See Top 100 in Books)

Customer Reviews

3.5 out of 5 stars
5 star
1
4 star
0
3 star
0
2 star
1
1 star
0
See both customer reviews
Share your thoughts with other customers

Most Helpful Customer Reviews

16 of 21 people found the following review helpful By Individual Investor on July 24, 2007
Verified Purchase
The authors' location in Hong Kong gives this book a refreshing point of view which I appreciate because most of my financial reading is America centric. The book analyses the present financial and economic balance between the major economic blocks and explores various potential scenarios should things change.

The authors divide the world into four economic spheres for the purpose of their analysis: 1.- Asia, the workshop of the world with tightly controlled exchange rates to keep their currencies devalued. A change of that policy would have world wide repercussions. 2.- The Anglo world, leader in profits. Should the world economy blow up, the Anglo world will not be the detonator. 3.- Euroland, the socialist disaster waiting to happen. 4.- The rest of the world, essentially a bystander, mentioned only in passing.

In a sense, this is a sequel to "Our Brave New World" and if you have not read it, it would be good place to start before reading "The End Is Not Nigh."

I would suggest two corrections. On page 132 they show a graph "Tangible and Financial Assets as a % of Total Assets." If those numbers rely on GAAP accounting, they are wrong, I don't know by how much, but wrong they are. GAAP accounting expenses R&D which means that Windows, for example, is on the books at Microsoft at zero dollars. Clearly that is absurd. Windows is a capital investment for Microsoft, an investment that is producing revenue and profits. Windows should be included as "heavy" capital. The same applies to all other technology companies like Oracle, Apple and so on.

The second correction has to do with stock buybacks, page 136.
Read more ›
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
1 of 1 people found the following review helpful By J. Reeves on February 22, 2009
Verified Purchase
With the benefit of hindsight the premise of this book is very wrong. I read this awhile back thought it made a strong case for continued good economic times. A few of the main ideas required a significant leap of faith, which again has proven to be a mistake. The authors says it's okay that the liability side (corporations, governments etc) is going up because the asset side is going up more. Wrong, now that we clearly see the asset side was phony, corrupt and inflated with more leverage than anything real and lasting. Another big idea that made me cringe was the idea of letting certain people make massive amounts and to not complain when the amounts seem out of whack with any sense of fairness. Well, again, now we know very clearly though we knew some of this before, that much of this notion is a massive insider's game and many of these people detract value from society instead of adding any benefits, and really are only looking out for themselves.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

What Other Items Do Customers Buy After Viewing This Item?