Ian Bremmer Unisex Multicolor Fat Tail: The Power Of Political Knowledge For Strategic Investing

Ian Bremmer

In recent years, investors have learned the hard truth that in the international economy, politics often matters at least as much as economic fundamentals for the performance of global markets. Too many companies and investors havent yet learned to read the warning signs their expertise lies much more in economics than politics, and the temptation is to hope that highly volatile situations such as the 2008 GeorgiaRussia confrontation will be few and far between. But as Ian Bremmer and Preston Keat demonstrate, these scenariosand their catastrophic effects on businesshappen much more frequently than we imagine. On the curve that charts both the frequency of these events and the power of their impact, the tail of extreme political instability is not reassuringly thin but dangerously fat. This groundbreaking book is the first to both identify the wide range of political risks that global firms face and show investors how to effectively manage them. Written by two of the worlds leading figures in political risk management, it reveals that while the world remains exceedingly risky for businesses, it is by no means incomprehensible. Political risk is unpredictable, but it is easier to analyze and manage than most people think. Applying the lessons of world history, Bremmer and Keat survey a vast range of contemporary risky situations, from stable markets like the United States or Japan, where politically driven regulation can still dramatically effect business, to more... | Ian Bremmer Fat Tail: The Power of Political Knowledge for Strategic Investing