“Solow’s one-two punch book delivers a compelling account that the old conventional wisdom of buy-and-hold should be a relic of history. The modern understanding of secular stock market cycles drives his compelling knockout that active portfolio management is essential for today’s investor.” --- Ed Easterling, Author, Unexpected Returns: Understanding Secular Stock Market Cycles“It is perhaps embarrassing that we must turn to books like Solow’s for insights that the CFA curriculum should have been inculcating for two decades. This book not only explains these insights, but translates them into practical policies that investors can utilize to meet their true objectives.” --- H. “Woody” Brock, Ph.D. Founder and President, Strategic Economic Decisions, Inc.“If the government fails to mop up the recent flood of liquidity, active asset allocation, as Solow advocates, will be required to adjust for a dangerous new inflation environment. This is an excellent book for financial advisors.” --- Steve Leuthold, Founder and Chief Investment Officer, The Leuthold Group
