{"title":"Victor A Canto","description":null,"products":[{"product_id":"cocktail-economics-book-victor-a-canto-9780132432733","title":"Cocktail Economics","description":"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.","brand":"WoB","offers":[{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":49890059682065,"sku":"CIN0132432730VG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50527604343057,"sku":"CIN0132432730G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0132432730.jpg?v=1751195332"},{"product_id":"understanding-asset-allocation-book-victor-a-canto-9780131876767","title":"Understanding Asset Allocation","description":"This book is about effective asset allocation. It's not enough to rely on some investment manager's \"one-size-fits-all\" software to allocate your precious capital: you need to understand the process, and take control. In Understanding Asset Allocation, world-class economist, investment expert, and hedge fund manager Victor Canto shows exactly how to understand the process of assett allocation. Canto introduces a flexible, intuitive, easy-to-use approach to asset allocation that leverages powerful business cycle information and investment vehicles most investors ignore. Canto reveals what you can (and can't) learn from historical data; how to find and focus on sectors that offer exceptional opportunity; and how to manage risk far more effectively. Whether you manage your own investments or rely on an advisor, Understanding Asset Allocation will help you optimize all your asset allocation  decisions -- and maximize the returns they deliver.","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":50344864448785,"sku":"CIN0131876767G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0131876767.jpg?v=1751195247"},{"product_id":"currency-substitution-book-victor-a-canto-9780898381955","title":"Currency Substitution","description":"This work grew out of a series of investigations begun by the authors in 1980 and 1981. Specifically the authors pursued two lines of inquiry. First, to advance the state of the theoretical lit- erature to better explain the crises of liberalization which seemed to be afflicting the third world in general and Latin America in particular. To do this, several different kinds of models were in- vestigated and adapted. These are presented in Chapters 2, 3 and 5. Secondly an analysis of the empirical evidence was conducted in order to gain insight into the processes that were thought to be occurring and the theoretical models that were being developed. Some of this work appears in Chapters 3, 4, 5 and 6. Other work by the authors on these issues has been published elsewhere and is referenced herein. There are a great many people whose work and whose com- ments have influenced this work. We would like to especially thank Guillermo Calvo, Michael Connolly, Sebastian Edwards, Roque Fernandez, Michael Darby, Robert Clower, Neil Wallace, John Kareken, Paul McNelis, Jeffrey Nugent, Jaime Marquez, Lee Ohanian, Leroy Laney, Jorge Braga de Macedo, Dale Henderson, vii Matthew Canzoneiri, Arthur Laffer, Marc Miles, and George Von Furstenberg whose ideas and comments gave rise to much of our work. We would like to thank Suh Lee for his assistance with the computations in Chapter 5.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52128621592849,"sku":"NLS9780898381955","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780898381955.jpg?v=1757492451"},{"product_id":"currency-substitution-book-victor-a-canto-9789401079631","title":"Currency Substitution","description":"This work grew out of a series of investigations begun by the authors in 1980 and 1981. Specifically the authors pursued two lines of inquiry. First, to advance the state of the theoretical lit- erature to better explain the crises of liberalization which seemed to be afflicting the third world in general and Latin America in particular. To do this, several different kinds of models were in- vestigated and adapted. These are presented in Chapters 2, 3 and 5. Secondly an analysis of the empirical evidence was conducted in order to gain insight into the processes that were thought to be occurring and the theoretical models that were being developed. Some of this work appears in Chapters 3, 4, 5 and 6. Other work by the authors on these issues has been published elsewhere and is referenced herein. There are a great many people whose work and whose com- ments have influenced this work. We would like to especially thank Guillermo Calvo, Michael Connolly, Sebastian Edwards, Roque Fernandez, Michael Darby, Robert Clower, Neil Wallace, John Kareken, Paul McNelis, Jeffrey Nugent, Jaime Marquez, Lee Ohanian, Leroy Laney, Jorge Braga de Macedo, Dale Henderson, vii Matthew Canzoneiri, Arthur Laffer, Marc Miles, and George Von Furstenberg whose ideas and comments gave rise to much of our work. We would like to thank Suh Lee for his assistance with the computations in Chapter 5.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52144681353489,"sku":"NLS9789401079631","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401079631.jpg?v=1757590066"},{"product_id":"investment-strategy-and-state-and-local-economic-policy-book-victor-a-canto-9780899304052","title":"Investment Strategy and State and Local Economic Policy","description":"State governments are ultimately competitors in their economic policies when people, products and capital are free to move across state borders. Nowhere is this competition more apparent than in the United States where individual states compete to promote economic growth by attracting industry with tax holidays, outright grants, subsidized financing and other means. Yet, the arguably greater influence of state fiscal policy on investment decisions has largely been ignored. This book redresses that deficiency by providing a collection of chapters which discuss the theoretical and practical linkage between investment strategy and state economic policy. Specifically, it uses changes in relative state burdens as a measure of state fiscal policy and shows that by altering the incentives to work, save and invest, changes in a state's tax burden relative to other states influence decisions on whether, how much and where to invest.    The book is divided into three parts. The first section provides the theoretical framework for the book and discusses application of the basic model to explain the persistent differences in observed real income across states; the level of economic activity; and business starts and failures. The second section discusses, among other things, the implications of changes in state economic policy for investments in real estate; common stocks of small capitalization firms; and state general obligation bonds. The third section of the book, which examines the political dimensions of state economic policy, begins with a discussion of the effect of state economic policy on relative population shifts and reapportionment and ends with a proposal for a flat tax.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52334675263761,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52334675886353,"sku":"NLS9780899304052","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780899304052.jpg?v=1758157617"},{"product_id":"monetary-policy-taxation-and-international-investment-strategy-book-victor-a-canto-9780899305349","title":"Monetary Policy, Taxation, and International Investment Strategy","description":"Written especially for portfolio managers, financial analysts, and corporate economists, this volume considers the practical implications of government economic policies. The contributors illustrate how incentives and disincentives affect economic behavior and the performance of the economy through an in-depth discussion of monetary, fiscal, and international economic issues. In addition, the authors present a unique top-down approach that enables the reader to trace the impact of government policies through the economy and thereby discover the investment strategies most likely to be successful within a given policy context.  The first section of the book focuses on monetary issues and explores issues related to inflation, likely government intervention mechanisms to control inflation, variants of the monetarist model, interpreting the demand curve, and the development of a portfolio strategy designed to take advantage of anticipated changes in financial variables. The next group of chapters looks at supply-side economics and analyzes the effects of the economic incentives and constraints imposed by government. Particular attention is paid to the effects of taxation policies on equity values, economic growth, and savings. In the third section, the contributors present a supply-side view of selected international economic issues including the relationship between tax rate reductions and foreign exchange rates and the trade balance. The concluding section examines the portfolio strategies that can be derived from the analyses presented in previous chapters. An indispensable resource for finance executives, this book will also be of significant value to graduate students in economics, financial management, and business programs.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52403917750545,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52403918340369,"sku":"NLS9780899305349","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780899305349.jpg?v=1758762727"},{"product_id":"supply-side-portfolio-strategies-book-victor-a-canto-9780899302867","title":"Supply-Side Portfolio Strategies","description":"This is a compilation of research papers written by portfolio strategists to illustrate the investment portfolio applications of supply-side economics. Each chapter identifies a particular portfolio strategy and examines its historical record. The issues explored include investing in small company stocks, investing in real estate, the effect of protectionist policies on the stock market, and the state competitive enivronment. The book has been compiled for investors, investment managers, and financial analysts. AAII Journal    A timely and innovative resource for investors, investment managers, financial analysts, and portfolio strategists, Supply-Side Portfolio Strategies highlights the significance of incentive economics and its investment applications in today's volatile and uncertain economic climate. Each chapter identifies a particular portfolio strategy, and examines its historical record. Among the issues explored are investing in small company stocks, investing in real estate, the effect of protectionist policies on the stock market, the state competitive environment, and the CATS approach to portfolio selection. Numerous tables and figures amplify points made in the text.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52483699441937,"sku":"NLS9780899302867","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780899302867.jpg?v=1759855123"}],"url":"https:\/\/www.worldofbooks.com\/de-de\/collections\/autor-buecher-von-victor-a-canto.oembed","provider":"World of Books ","version":"1.0","type":"link"}