My book on geopolitics for investors is available for free
I have a special announcement to make today. My second book “Geo-Economics: The Interplay between Geopolitics, Economics, and Investments” is available for free on the website of the CFA Institute Research Foundation.
The book will be released chapter by chapter to make it more digestible and the first two chapters are already available for download.
In the first chapter, I provide some background information on the history of geopolitics and how it can influence investments while in the second chapter I focus on the geopolitical events that come first to mind when we talk about the subject: wars and terrorist attacks.
If you look at the stock market in the long run you will have a hard time identifying the beginning and end of wars (try doing it in the chart of the S&P 500 below and then check the results in the book). But that doesn’t mean that wars don’t matter. Instead, there are some important patterns of how wars influence economies and financial markets and I discuss them in detail in chapter 2 of the book.
The S&P 500 in the 20th century
Source: R. Shiller website
And while you are on the website of the Research Foundation, I would be grateful if you could donate to this organisation. The CFA Institute Research Foundation is legally separate from the CFA Institute and a US-registered not for profit organisation that sponsors research for investment practitioners. All their publications are available for free and I didn’t receive any money for writing this book and will not do so ever. If you think that the books and papers of the Research Foundation are useful and you would like to contribute to support the foundation in the future and keep these things coming, I would be grateful for your donation.
To donate to the Research Foundation simply click here: https://www.cfainstitute.org/en/research/foundation/donate