Roaring 2000'S (eBook)
320 Seiten
Simon & Schuster (Verlag)
978-0-684-86732-8 (ISBN)
In his bestselling book, The Great Boom Ahead, published in 1993, Harry Dent, one of the world's most prescient economic prognosticators, stood practically alone in forecasting a new age of prosperity emerging in the 1990s and extending into the new century. Dent foresaw a booming stock market, falling mortgage rates, and the resurgence of America as the premier global economic superpower. All of his predictions have come to fruition. Now, in The Roaring 2000s, Dent focuses his visionary eye on the full spectrum of changes that will follow in the wake of the burgeoning turn-of-the-century economy. According to Dent, how and where we work and live is about to change more drastically than at any time in our history due to the convergence of the mainstreaming of the Internet and other technologies and the peak spending years of the aging baby boomers. This will result in nothing less than the greatest boom in history and an unprecedented opportunity for investors and entrepreneurs, great buys in real estate, and a wealth of high-quality lifestyle choices for the savvy people who anticipate these changes. We will we such rapid and exciting change as we have not seen since the dizzying pace of the productivity revolution unleashed by the assembly line in the Roaring Twenties. Dent not only offers detailed investment strategies aimed at exploiting the coming boom for the next fifteen years but he also explains future trends in the job market, technology, demographics, and real estate. He foresees the next great population migration and explores the radically different business and organizational structures that will be the offspring of the Information Age. At the crux of these changes is the fundamental shift to a new network model wherein front-line human "e;browsers"e; focus on intimately understanding the needs of a unique segment of customers and coordinate the products or expertise of specialized back-line human "e;servers"e; to customize solutions. With new research tools applied to the trends that have developed within the last few years, The Roaring 2000s reveals concrete predictions and indepth insights into the next decade, including: A Dow that continues to soar and will eventually reach at least 21,500, and possibly 35,000, by the year 2008 The importance of "e;gazelles,"e; small- to medium-sized, high-growth companies, which today are creating most of of the jobs in this country The rapid future economic development in countries in die Far East, South America, and Eastern Europe, and select areas of Africa, and what that means for investment, employment, and business growth opportunities now The Roaring 2000s also describes the lifestyle changes these developments will inspire, including: The New American Deam -- why changing techologies could mean a return to small-town living and which nine types of boomtowns will offer the highest quality of life in the decades ahead Investment strategies that will help readers get the most out of a rapidly changing world It is essential, Dent explains, to understand the magnitude and nature of the forces changing our economy and lifestyles in order to take advantage of the invaluable, emerging opportunities for significantly improving ones quality of life. The Roaring 2000s is a necessary guidebook to the not-so-distant future.
Introduction: The Secret to Building Wealth...and Lifestyle
It is common wisdom today that the key to building wealth is taking risks. People who take higher risks get the higher returns and wealth. There are risk/return graphs in investment and business that prove this. Most of us by now have heard that stocks have higher risk and volatility but higher returns over time than investments like bonds. New entrepreneurial ventures have higher risk and failure rates than established businesses and tend to create greater fortunes. And this is definitely true. But here is the paradox I have learned through many years of hands-on business experience with successful people:
The best entrepreneurs, executives, and investors I have worked with who actually achieve the highest returns and build the most wealth don't see it that way! Despite often being involved in unproven ventures and changing management or investments, they don't perceive that they are taking big risks at all. They are simply doing the obvious. They are very definite that what they are doing or investing in must and will succeed. They have a clear understanding of change and fundamental trends that seem all but inevitable to them. They appear risky and unclear only to people who don't understand such changes and naturally cling to familiar patterns that are more comfortable.
Was Lee Iacocca unclear about the changes that were necessary to save a dying Chrysler Corporation in the mid-1980s? It was obvious to anyone who didn't have a stake in the old ways of doing business. How long did it take Gerstner to figure out as an outside manager what it would take to turn around IBM in the mid-1990s? Haven't much of the public and outside analysts been clear that Apple needed radical changes before its near demise in the mid-1990s? Was Steve Jobs unclear about the potential of personal computers in the late 1970s? Or Bill Gates about the need for a software operating system standard in the mid-1980s? Or Gordon Moore about the doubling of semiconductor power every 18 months since the mid-1960s? Was Michael Milken unclear about the need to finance such new emerging companies through nontraditional means in the 1980s?
The many failures among the high-risk ventures come from naive people who are hoping to make an easy killing, such as winning the lottery or getting instant salvation or overnight success in business. It is not that new directions or investments are proven or that it will be easy or that there won't be challenges. That's the hard part. These successful people have the clarity and conviction to push through such challenges. They foresee the need for a new product or service or the viability of a new technology or investment. Why? They have a unique history of experience that has already validated it for them. They have done their homework and know it is possible. They understand the fundamental trends driving the changes they are investing in. And their experience and homework has also taught them that it won't necessarily happen overnight or be easy. Therefore they usually don't expect it to be. But if it is much harder than they thought, it's their belief in the feasibility and inevitability of what they are doing that keeps them moving ahead until their vision becomes a reality. It's the strength and attraction of their vision that allows these people to overcome the obstacles that appear as risk, uncertainty, and volatility to others.
Clarity about long-term fundamental trends is the key to dealing with the random and uncertain short-term events that inevitably come in the path of any goal. A clear vision of future change and the discipline to stay the course are the keys...
Erscheint lt. Verlag | 15.7.1999 |
---|---|
Sprache | englisch |
Themenwelt | Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse |
Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie | |
ISBN-10 | 0-684-86732-X / 068486732X |
ISBN-13 | 978-0-684-86732-8 / 9780684867328 |
Haben Sie eine Frage zum Produkt? |
![EPUB](/img/icon_epub_big.jpg)
Kopierschutz: Adobe-DRM
Adobe-DRM ist ein Kopierschutz, der das eBook vor Mißbrauch schützen soll. Dabei wird das eBook bereits beim Download auf Ihre persönliche Adobe-ID autorisiert. Lesen können Sie das eBook dann nur auf den Geräten, welche ebenfalls auf Ihre Adobe-ID registriert sind.
Details zum Adobe-DRM
Dateiformat: EPUB (Electronic Publication)
EPUB ist ein offener Standard für eBooks und eignet sich besonders zur Darstellung von Belletristik und Sachbüchern. Der Fließtext wird dynamisch an die Display- und Schriftgröße angepasst. Auch für mobile Lesegeräte ist EPUB daher gut geeignet.
Systemvoraussetzungen:
PC/Mac: Mit einem PC oder Mac können Sie dieses eBook lesen. Sie benötigen eine
eReader: Dieses eBook kann mit (fast) allen eBook-Readern gelesen werden. Mit dem amazon-Kindle ist es aber nicht kompatibel.
Smartphone/Tablet: Egal ob Apple oder Android, dieses eBook können Sie lesen. Sie benötigen eine
Geräteliste und zusätzliche Hinweise
Buying eBooks from abroad
For tax law reasons we can sell eBooks just within Germany and Switzerland. Regrettably we cannot fulfill eBook-orders from other countries.
aus dem Bereich