Cocktail Economics
Cocktail Economics: Discovering Investment Truths from Everyday Conversations is a book by Victor A. Canto, published by FT Press. In this book, the author reveals how the economy affects markets and how to read business cycles so that individual investors can profit from every shift in the business cycle.
Overview
In Cocktail Economics, Victor Canto utilizes a technique he learned while teaching economics to MBA students at the University of Southern California. He uses anecdotes, analogies, and metaphors to provide conversational, economic explanations to everyday problems and issues of interest. He then relates these discussions to basic investment principles and uses these examples to develop an investment strategy and process which individual investors can actually apply to their own portfolios.
Further reading
Review by Larry Kudlow, National Review
Review by Kirkus Reports Review by Stock, Futures, and Options Magazine