● Running Out of Water: The Looming Crisis and Solutions to Conserve Our Most Precious Resource
by Peter Rogers and Susan Leal
Water: The Epic Struggle for Wealth, Power, and Civilization
by Steven Solomon
Bottled and Sold: The Story Behind Our Obsession with Bottled Water
by Peter H. Gleick
Review via Foreign Affairs
“Three new books about water agree that the world is facing serious water crises but have very different ideas about how to address them, especially when it comes to deciding what roles the public and private sectors have to play.”
● Aftershock: The Next Economy and America’s Future
by Robert Reich
Review via Bloomberg
“Loose money and stimulus spending are more likely to deliver ‘phantom recoveries’ than sustainable growth, Reich writes. We can expect years of high unemployment and weak wages culminating in an ‘aftershock’ — either a brutish political backlash or deep reforms, he says.”
●Outperform: Inside the Investment Strategy of Billion Dollar Endowments
by John Baschab and Jon Piot
Excerpt via John Wiley & Sons, Inc.
“Although endowments manage considerable assets, their techniques, organization, strategy, and philosophy are relatively unknown outside the industry. Year in and year out new investment strategies surface and disappear with varied success. Meanwhile endowment managers have continued to score consistent gains year after year until the crisis of 2008 and 2009…The extent to which individuals can replicate specific techniques of endowments is a matter of some controversy in the endowment world. We believe the reader will benefit from understanding how some of the best minds in the investment management field think about their job and the future. We also think that the endowment approach can inform how an individual makes strategic investment decisions, particularly in defining broad asset classes that will compose their portfolio. There are several pieces to the endowment investing model that, if not easily replicable, are interesting and noteworthy and can improve the investment prowess of the average investor.”
●The Rise of the State: Profitable Investing and Geopolitics in the 21st Century
by Yiannis G. Mostrous, Elliott H. Gue, and David F. Dittman
Review via Investing Daily
“In place of Pax Americana, a new world order of ‘polycentricism’ — where no single country dominates – has emerged. The locus of world power is switching from the debt-laden West to the economically powerful East – led by Asian countries China and India that are flush with cash and whose relatively conservative economic policies allowed them to bypass the leveraged excesses that led to the 2008 financial crisis.”
●The Betrayal of American Prosperity: Free Market Delusions, America’s Decline, and How We Must Compete in the Post-Dollar Era
by Clyde Prestowitz
Review via Huffington Post
“The Betrayal of American Prosperity is the best book in its genre. Clyde Prestowitz masterfully and meticulously explained the reasons behind an ailing American economy.”
●Retirementology: Rethinking the American Dream in a New Economy
by Gregory Salsbury
Review via Asheville Citizen-Times
“Gregory Salsbury, an executive in the insurance industry, gives a broad overview of behavioral finance. The book has a wealth of examples of how people make mistakes when emotions get in the way of their investment decisions.”