FORESIGHT INVESTING

A wide-ranging guide to the paradoxes of investing.

In these pages, Lee seeks to advise readers on all the variables of investing in the modern market, “understanding where to invest, what to buy, and when to pull the trigger.” He intends his book to function as a kind of Rosetta Stone for investing terminology and thinking. In part, it acts as a primer on the ideas and concepts of investment basics, naturally centering around spotting trends and accurately gauging potentials. Lee concisely and insightfully looks into some specific trends, from the boom in renewable energies and the resultant growing need for better energy-storage technology to the so-called “gray boom” that encompasses ideologies and technologies connected with the fact that people are living, and working, far longer than they were a century ago. Lee guides readers through all the various mathematical and financial concepts of the investing world, using charts and graphs and quick, digestible segments to explain balance sheets, earnings statements, and valuation metrics, among other elements, and delve into their hidden layers. He demystifies concepts such as valuation for beginners and breaks down the interplay of subjective elements that drive prices and general trends. The sections of Lee’s book that speculate on future possibilities are absorbing, as they start with current tech before verging into science-fictional notions that could become reality in the near future; whether he’s writing about smart materials, solid-state batteries, smart technology, cryptocurrency, or automation and artificial intelligence, Lee breaks down the basics in clear, intriguing, and always readable language. The sheer amount of detail that Lee uses in analyzing trendlines is bracing, and even readers who are already familiar with the world he describes will pick things up from this book.

An inclusive and deeply detailed overview of the investing world.