Yet another book review and giveaway.  This time, we got contacted by the publisher of the book When Markets Collide: Investment Strategies for the Age of Global Economic Change by Mohamed A. El-Erian.

Who is Mohamed A. El-Erian?

According to the back of the book, he has very high credentials:

Mohamed A. El-Erian is co-CEO and co-CIO of PIMCO, one of the largest investment management companies in the world. He formerly served as president and CEO of Harvard Management Company, the firm that manages the university’s $35 billion endowment. He spent 15 years at the International Money Fund, working on policy, capital market, and multilateral economics issues. El-Erian has been featured by Bloomberg, Forbes, Financial Times, Latin Finance, CNBC, The New York Times, and The Wall Street Journal. In 2004, Fortune named him a member of its eight-person “Mutual Fund Dream Team.”

What is this book about?

In “When Markets Collide”, Mohamed El-Erian writes for 3 audiences, individual investors, economists and policy makers.  With that, he explains how to to distinguish between market noise and market signals, gives his perspective on the big picture of global markets and suggestions for changes to global market economic policies.

Here is a snippet from McGraw-Hill:

The world economy is in the midst of a series of hand-offs. Global growth is now being heavily influenced by nations that previously had little or no systemic influence. Former debtor nations are building unforeseen wealth and, thus, enjoying unprecedented influence and facing unusual challenges. And new derivative products have changed the behavior of many market segments and players. Yet, despite all these changes, the system’s infrastructure is yet to be upgraded to reflect the realities of today’s and tomorrow’s world. El-Erian investigates the underlying drivers of global change to shed light on how you should:

* Think about the new opportunities and risks
* Construct an appropriately diversified and internationalized portfolio
* Protect your portfolio against new sources of systemic risk
* Best think about the impact of central banks and financial policies around the world

Offering up predictions of future developments, El-Erian directs his focus to help you capitalize on the new financial landscape, while limiting exposure to new risk configurations.

My Thoughts

Although the credentials that Mr. El-Erian carries makes this book automatically interesting for me, at times, the book was a bit dry as it seemed to ramble on a little bit.  As a simple minded individual, I enjoy books with clear headings and clearly indicated main points which this book lacked.

Also note again that the book seemed to be written for varying audiences, with only a smaller portion of the book directed toward individual investors.

Want a Free Copy?

  • Simply leave a comment and you’ll automatically be entered in the draw for a free copy.
  • Please only 1 comment entry / person (please enter a valid email address).
  • Only those with a North American mailing address may enter (publisher rules, sorry).
  • Contest will end Friday 5pm EST Oct 10, 2008 and the winner announced shortly afterwards!
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I like free books :)

I`m interested!

Now seems like a good time to read about markets colliding! I’m in!

Sounds like an interesting book, sign me up

It sounds like an interesting book even if it’s a bit dry. I’m not a big investor (except through my mutual funds, etc. through work) but I am trying to learn as much as I can about investing. I want to become much more educated and knowledgeable about investing, real estate, and building wealth.

Please add me to your drawing.


Yesterday I felt like the markets had collided on me, but this is a new day, so count me in!

international finance… sounds interesting.

Sign me up, please.

Free finance books are always a good thing.

Looks like an interesting reading. And I like free books!


i would like to read this book !

I would love to get this book from this guy. He’s somewhat of a legend having run a major endowment fund and then pimco..

I’d like to read this book.

sounds interesting to us dorks. i am in.

Sounds interesting. count me in.

Another great review,


Awesome…been wanting to read this book.

I am interested to check the book out.

Count me in, thanks!

Sounds interesting, put me on the list!

Collision? More like a grotesque train wreck. I keep wanting to look away but my morbid curiosity keeps me watching….

I’d read it

Sign me up please!

looks interesting.

sounds appropriate for right about now…

Sounds interesting…

To be relevant, El-Erian must address the necessity that all derivatives, especially credit default swaps, must be traded on an exchange with an associated clearinghouse to guarantee all transactions. As well, all such transactions should be subject to an excise tax.

I always question when I hear people talking about a new economy. Usually it is not a new economy, just people tired of talking about the old economy. The recent crunch seems to show that global markets are still riding on the back of the US economy. Sounds like an interesting read all the same though.

Hey I’m in for a free book. Sounds like an interesting read.

count me in, thanks

Let me in, thx

I’ll take it!

I am interested in. This book will be very useful specially at this market down time.


Free book? Sign me up!

Thanks for the give-away!

I’m in too. Thanks, FT.

If it’s free it’s for me =) Free = Great

Book sounds like a good read. I’d enjoy a copy.

I would like to test my luck

I would like to read the book, can’t wait when it’s available in local library. Good luck to everyone!

This book seeem very interesting. Particulary, the pridction of globalization.

Haven’t read the book, but heard him speak on TV. He makes a lot of sense. Once the fallout from the current recent financial crisis is over, I suspect that the world and its financial management will change (one hope fro the better); investors will need a new perspective on how business is transacted and the opportunities that are to be found out there.

I like free books…

Sounds like an interesting read. Thanks

I read an article in Smart Money about this guy, he seems to be very intelligent when it comes to investing.

I could really use this book

Add my name please@


Sounds interesting!

I’d like to read to understand the new global economy!