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Rating: 
Summary: Insightful!
Review: According to Stephen and Donna Leeb, technological advances are slowing while global economies are pressured to maintain growth. These factors will combine to create an inflationary environment. Inflation will change investors' strategies. The authors suggest investing in oil stocks, small-cap companies, and a few select large-cap companies. They are intriguing contrarians. They assert that Internet companies are a poor investment, because they believe the Internet won't achieve its promised increase in productivity and efficiency. They warn that overpopulation will create environmental disasters, which investors should prepare for by how they invest. We at getAbstract recommend this thought-provoking advice to investors, though not as their sole source of guidance.
Rating: 
Summary: Profoundly provocative.
Review: I'm addicted to reading investment books, and I've bought and read hundreds. But I recently finished one that I think is truly special-Defying the Market by Stephen Leeb and Donna Leeb. Although I knew that Stephen Leeb is well-respected investment adviser and money manager, I was skeptical when I saw from the jacket copy that this book argues that technology is slowing down and bases its investment advice on that premise. But the book convinced me that there's a lot to what he says. This is an investment guide that contains no hype, just a lot of solid research and original analysis. As a bonus, it is so readable that even though initially I thought I might find the section on technology and science hard going. I zipped through it. The Leebs aren't trying to impress or fill up pages-they have a real message and it comes across clearly. In fact, this book is a book not just for investors but for everyone that is interested in making sense out of today's world.
Rating:
Summary: Pretty intriguing.
Review: Many value investors would probably agree with and even love the book. I found it truly intriguing and well thought out, however, it will be hard on those in love with technology. I do not know whether the technological revolution will slow down in the next five years or whether its effects on economic growth will begin fading. And frankly, I think that no one has an answer to this question. It's true that the expansionary business cycle in the American economy has been far longer than anyone anticipated back in the early nineties and that we may have already seen the best of this expansion. It's hard to believe that technology can eliminate business cycles-it can smoothen and prolong an expansion, but sustaining it forever will be a problem. I am sure no one will argue that endless productivity gains are achievable and I agree with the author on many points, I just don't think that it's possible to call technology's top. Overall a very interesting book that could change your outlook on the stock market and economy.
Rating:
Summary: Terrific! Essential reading for any long-term investor.
Review: On the recommendation of a friend, I just finished reading a new book by Stephen and Donna Leeb, Defying The Market. This book is amazing - thought-provoking, original, strongly argued, and exceptionally readable. In relatively few pages it packs in an incredible amount of information about everything from computers to medical research to agricultural trends and somehow makes it all understrandable, interesting, and most important, instantly relevant to my investment needs. The authors' main point is that technological progress is slowing down, while strong worldwide economic growth has become a necessity. These trends - which they argue will lead to, among other things, rising inflation, will affect every kind of investment, and they tell you exactly which investments will benefit and which ones will suffer. The book is terrific! In fact, it is one of those rare books that, after you read it, you feel that you will look at the world differently from that point on. Whatever your feelings about technology, if you invest in the market at all, you should read this book!
Rating:
Summary: A new investment paradigm is emerging--be prepared.
Review: The Leebs' latest treatise presents a compelling argument that technology is starting to run into physical limitations, which will slow the pace of progress going forward.Whether or not you believe the case the authors lay out, the implications are far reaching enough that they merit exploring the argument. The most serious conclusion the book makes is that without technology leading the way to a more productive economy, the mandate for faster global growth will spiral into more inflation in the next millenium. If the conclusions are correct, it will throw the growth-investing world on its head. But all is not lost. The Leebs' tome isn't merely academic; the authors go onto instruct the average investor on how he or she can capitalize on this dynamic secular shift. Most important to the reader, the authors provide specific stock recommendations and model portfolios tailored to investors with varying amounts of investment funds. The result is a well-reasoned academic construct for investing in the 21st century superimposed on a functional investment book for even the novice investor.
Rating:
Summary: A provocative look at where the markets are heading.
Review: This book has none of the typical drivel and conventional wisdom that pervade most investment books. Leeb's analysis of the critical and often overlooked relationship between the investment markets, technology and the economy are fascinating and convincing, and very likely will prove prescient as well. A must read for all long-term investors.
Rating:
Summary: A Must Read for any Long-Term Investor
Review: This book is highly recommended for all investors, as it makes compelling arguments for what the future will be like and where to profit from it. Unfortunately, this future is not bright and rosy as I thought it might be. The book argues that technology will not continue to increase productivity, which will result in inflation. It shows you how you might capitalize on these trends in the upcoming decade. It includes a model portfolio for conservative and aggressive investors and strategies to help in case of deflation. The book is well written, easy to understand and hard to put down. It will really make you think. Though the only negative I see is his recommendation of Enron, and the fact that he doesn't recommend market timing, where his previous book did
Rating:
Summary: A Must Read for any Long-Term Investor
Review: This book is highly recommended for all investors, as it makes compelling arguments for what the future will be like and where to profit from it. Unfortunately, this future is not bright and rosy as I thought it might be. The book argues that technology will not continue to increase productivity, which will result in inflation. It shows you how you might capitalize on these trends in the upcoming decade. It includes a model portfolio for conservative and aggressive investors and strategies to help in case of deflation. The book is well written, easy to understand and hard to put down. It will really make you think. Though the only negative I see is his recommendation of Enron, and the fact that he doesn't recommend market timing, where his previous book did
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