What can moonshine, mountain climbers, power plants, salmon, football players, and well-known celebrities teach you about investing? More than you ever imagined!

 Through entertaining, easy-to-understand anecdotes, analogies, and examples, Canto reveals why the most successful investment strategies reflect a balance of active and passive approaches. You’ll learn how to “read” economic cycles, identifying the specific asset classes most likely to outperform in tomorrow’s business environment.

 Construct and optimize your winning investment plan, step-by-step, from start to finish!

MAKE HAY WHILE THE SUN SHINES

The case for predicting, forecasting, and timing

PASSIVE INVESTING? ACTIVE INVESTING? NO. BOTH.

Why you need to take both sides in the never-ending debate

ELASTICITY: CATCH IT IF YOU CAN

Putting industry behavior to work for you

CALIFORNIA, FRANCE, AND THE “LOCATION EFFECT”

Investing internationally in the age of globalization

TURN “SMOKE” INTO “SIGNALS”

Making the most of publicly available price data

YOUR PORTFOLIO VS. THE GOVERNMENT

Anticipating and responding to regulations and taxation

TILT TOWARD SUCCESS, ONE STEP AT A TIME

Build your benchmark portfolio, then optimize it for changing environments

Victor Canto reveals exactly how the economy affects markets and how to “read” business cycles so you can profit from every shift in the business cycle. Among the topics covered: investing internationally in the age of globalization; transforming price data into usable market “signals”; anticipating the impact of regulations and taxation; and more. From start to finish, Canto’s focus is practical, and his focus is simple: outstanding investment results.