Chapter . Introduction
The Above-Average Opportunity
The investment strategy I set forth in this book is not a stock-picker’s method. Lots of people still think this is what investing is all about—finding those diamond stocks in the rough that will deliver wealth and all the trappings of Easy Street. There’s nothing at all wrong with stock picking, which, when practiced with an eye to detail, has made many an investor rich. At the micro level, finding the best companies—based on profits, product lines, market shares, P/E ratios, stock multiples, etc.—within the best-performing sectors is a rigor taken on by many successful investors. But my investment plan specifically is concerned with the big picture, with the broad macro worldwide forces that ...
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