Rubles to Dollars: Making Money on Russia's Exploding Financial Frontier - Softcover

Elder, Alexander; Elder, Dr. Alexander

9780735200623: Rubles to Dollars: Making Money on Russia's Exploding Financial Frontier

Softcover

ISBN 10: 0735200629 ISBN 13: 9780735200623

Publisher: Prentice Hall Pr, 1998

Looks at why Russia is headed for an economic boom and demonstrates the desirability of investing in the Russian stock and bond market

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From Library Journal:

A psychiatrist who escaped the Soviet Union more than 20 years ago, Elder eventually started his own company to educate financial traders. His popular Trading for a Living (Wiley, 1993) is a psychoanalysis of trader behavior, drawing natural comparisons with gamblers. The new book describes the potential for profiting by investing in post-Soviet Russia, although "if you have less than $100,000 to invest in Russia, you are pretty much limited to mutual funds" (the one he mentions, Lexington Dialog Troika, lost about 80 percent of its value in September 1998). Unfortunately, the Russian market has collapsed since he finished writing. The first half of the book describes Russia's investment environment, which while entertaining seems misleading in many places. The second half describes Russian financial instruments and is more useful, providing a summary difficult to find elsewhere. Recommended only for academic libraries with an interest in the Russian economy.?Michael Neubert, Library of Congress, Washington, DC
Copyright 1998 Reed Business Information, Inc.

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