For the millions who are looking for buying opportunities in the lucrative Internet market but are worried about the risks -- or wonder if the best times have now passed them by -- NetWorth provides indispensable advice supported by the world's most trusted business publication, The Wall Street Journal.
There's no doubt that the Internet has shaped and will continue to shape the stock market -- and the broader economy -- in the new millennium.
But while many investors have made fortunes on Internet-related stocks, racking up returns that would have been unthinkable a few years ago, countless others have lost their shirts amid the NASDAQ's frequent stomach-turning gyrations.
Finally, there's a voice of reason above all the confusion. In a clear, easy-to-read style, Stephen E. Frank -- known to millions of television viewers and newspaper readers as the Internet correspondent for The Wall Street Journal and CNBC -- explains what we need to know about investing in today's dot-com economy. Frank lays out a straightforward framework for understanding how the Internet works, how different business models stack up, and how to think about Internet stocks as part of a broader investment portfolio. He weighs in on the potential risks and rewards of each Internet subsector, and profiles a slew of dot-com companies, from obvious candidates like Amazon.com to transformed titans of the old economy, like United Parcel Service.
Above all, Frank urges investors to adopt a long-term approach -- to avoid despairing when the market is down or getting carried away when tech stocks soar. For anyone interested in developing sound investment strategies for the rewarding but turbulent Internet market, NetWorth is a trusted, indispensable adviser.
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“Frank’s well-reasoned approach is both cautious and optimistic…[his] expertise in making the elusive nuances of investing is clear: not only are his suggestions sound, they can be readily understood by even novice investors.”
— Publishers Weekly
“A useful overview of this downtrodden sector that should interest anyone with a long investing horizon and a contrarian point of view.”
— Amazon.com, editorial review“Frank gives sound advice on picking the winners; his professional narration adds to the content. This audiobook is thorough and insightful; recommended.”
— Library JournalBe the first to write a review about this audiobook!
Stephen E. Frank is the on-air Internet correspondent for the Wall Street Journal and CNBC. His reports on Internet investing and his hard-hitting interviews with leading Internet industry executives can be seen daily. He joined the Wall Street Journal in 1996 to cover the banking industry and now writes the weekly column Playing the Net. A graduate of Harvard College, he has frequently been identified as one of financial journalism’s rising young stars and was a member of the Journal team that won the Overseas Press Club’s Malcolm Forbes Award in 1997 for coverage of the Asian financial crisis. In 1998 Frank was named a Broadcast News Editor for Wall Street Journal Television. He lives in New York City.