 Economist Panos Mourdoukoutas
Long Island University Economist
Shares
Wall Street Secrets
Giving us a glimpse into his own crystal ball,
C.W. Post Campus of Long Island University economist Panos Mourdoukoutas
firmly believes the individual investor, with a little understanding of
basic principles, is better off taking responsibility for his or her own
financial destiny than relying on experts who may be shooting for far different
goals.
With no hesitation, Dr. Mourdoukoutas recommends, "Fire your full-commission
broker! Cancel subscriptions to newsletters and other advisory services
and make your own decisions, using your own common sense."
But, when is the right time to allocate assets to stocks, bonds or gold?
How does the state of the economy affect financial decisions? Dr. Mourdoukoutas'
latest book, "Beating The Market: How to Win the Wall Street Game,"
presents a clear, easy-to-follow strategy in 163 pages, outlining what an
investor needs to know to assure long-term gains in a volatile market.
"Above all, I want the reader to understand the costs and risks of
putting too much faith in their brokers when an understanding of the gross
domestic product and its fluctuations, and a few other basic principles,
could serve them just as well," said Dr. Mourdoukoutas, who co-authored
the book with John Papayani, an educator and consultant with a background
in economics. "We show you how to profit from the business cycle, by
making an educated guess at the next stage of the cycle, and then making
the appropriate investments."
Chapters explain why you should be your own economic advisor; how economic
performance, interest rates and business cycles affect portfolio performance;
and how economic policies determine what to put in your portfolio. In addition,
the book contains hundreds of examples, dozens of charts and graphs, and
a straightforward test the reader can take to evaluate understanding.
Dr. Mourdoukoutas, an economics professor at the C.W. Post Campus in Brookville,
is a well-known financial advisor and author of numerous books on market
trends and investing, including "When to Buy Stocks, Bonds and Gold,"
and "Adapt, Develop and Promote: How to Compete in the Japanese Market,"
among others.
Copies of the book, available at $25, may be obtained from Copley Publishing
Group at 800-562-2147 (ask for ISBN number 0-87411-840-9.)
For more information call the C.W. Post Public
Relations Office at (516) 299-2333 or e-mail cwpostpr@aurora.liunet.edu
February 1997 |
