Courtesy of John Nyaradi
Reviewed by Bruce C. Greig, CFA
Abstract
This book provides a highly accessible and pragmatic approach to the subject of investment vehicles. For the relative newcomer to active investing, it offers several nuggets of useful information. For veteran system developers interested in further honing their trading acumen, it serves as a refresher of key concepts.
Sector investing has been a feature of institutional investing for many years; with the proliferation of sector-specific exchange-traded funds (ETFs)—more than 50 at last count—and mutual funds, the approach has been “democratized.” Whether these investments have benefited the average investor over the last several years is debatable, but that is not the focus of John Nyaradi’s Super Sectors: How to Outsmart the Market Using Sector Rotation and ETFs. His attempt to create the definitive book on investment vehicles provides a highly accessible and pragmatic approach to the subject. Nyaradi, publisher of the online newsletter “Wall Street Sector Selector” and president of Ridgeline Media Group, has made the study and implementation of sector rotation models his specialty…..
Read full review at Financial Analysts Journal
“Copyright 2011, CFA Institute. Reproduced and republished from the Financial Analysts Journal with permission from CFA Institute. All rights reserved.”
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