Morning Wood
Average customer rating: 4.5 out of 5 stars
  • Morning Wood
  • the Vitamin P for the low brow art, maybe...
  • This book is insane!
Morning Wood
Roger Gastman , and Ian Sattler
Manufacturer: Gingko Press
ProductGroup: Book
Binding: Paperback

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ASIN: 1584231599

Book Description

Compiled by Roger Gastman, art directed by John LaCroix, and written by Ian Sattler, Morning Wood features the work of 50 of the world's top alternative creators. Morning Wood provides a long-awaited forum for well-known visionaries like billboard liberator Ron English; the creator of the Garbage Pail Kids, John Pound; and Sex Pistols art director Jamie Reid. Together with these living legends of the alternative art world, Morning Wood also features the latest generation's brightest artistic and photographic stars such as ESPO, Cynthia Connolly, Dalek, Giant, WK Interact and Estevan Oriol to name just a few. Other artists included are Ricky Powel, CYCLE, ZEPHYER, GIANT, and Chris Yormick.

Morning Wood delivers an incredible amount original art to the reader, as each artist was given complete freedom in their own section to present a selection of his or her best work in four full-bleed pages. The current biographies that are included assist in putting this remarkable 21st century art into context.

Customer Reviews:

5 out of 5 stars Morning Wood.......2006-03-14

Excellent book if you are into street art/graffiti! Tons of today's best artists! Highly recommended.

4 out of 5 stars the Vitamin P for the low brow art, maybe..........2005-09-22

I'm really admiring Roger Gastman and all the artists from New Image Art Gallery. So when I decided to buy this book is because I think this book quitely seems like that Vitamin P book (from Phaidon?) for the low brow art, and yes it is. The only thing that make me didn't give 5 stars is because the example of the art works from each artists are very few, c'mon... we need more...

5 out of 5 stars This book is insane!.......2003-12-21

This is a massive collection of "alternative art". I can't recommend this book highly enough. It works as a reference for up and coming "outsider art", an inspirational tool for artists, or straight-up eye candy for your dome.
There's a strong connection between all of the art in the book even though the contributors come from diverse backgrounds. "Graduates from the school of graffiti" such as ESPO, SABER, & WISE are well represented, but there are also some fine photographers like Dave Schubert, Cynthia Connolly and Carlos Batts here too. On top of this there's a strong showing from a new crop of artists that don't really fit in to the the mainstream, but transcend the Juxtapoz definition of outsider art like Ben Woodward from Space 1026 in Philadelphia. A few old skool contributors like Ricky Powell, Jamie Reid and John Pound round out the collection nicely. 50 artists and bios, more than 300 pages, what's not to like...
3 books by Dylan Thomas: Under Milk Wood, Quite Early One Morning, Portrait of the Artist as a Young Dog
Average customer rating: Not rated
    3 books by Dylan Thomas: Under Milk Wood, Quite Early One Morning, Portrait of the Artist as a Young Dog
    Dylan Thomas
    Manufacturer: New Directions
    ProductGroup: Book
    Binding: Paperback
    ASIN: B000VG07UQ
    And the evening and the morning
    Average customer rating: Not rated
      And the evening and the morning
      Virginia Woods Bellamy
      Manufacturer: Bond Wheelwright Co
      ProductGroup: Book
      Binding: Unknown Binding

      United StatesUnited States | World Literature | Literature & Fiction | Subjects | Books | 18th Century | 19th Century | 20th Century | African American | Asian American | Classics | Collections & Readers | Drama | General | Hispanic | History & Criticism | Humor | Jewish American | Letters & Correspondence | Native American | Poetry | Short Stories | Women Writers
      ASIN: 0870271709
      Indiana University poetry series
      Average customer rating: Not rated
        Indiana University poetry series
        John Woods
        Manufacturer: Indiana University Press
        ProductGroup: Book
        Binding: Unknown Binding

        United StatesUnited States | World Literature | Literature & Fiction | Subjects | Books | 18th Century | 19th Century | 20th Century | African American | Asian American | Classics | Collections & Readers | Drama | General | Hispanic | History & Criticism | Humor | Jewish American | Letters & Correspondence | Native American | Poetry | Short Stories | Women Writers
        ASIN: B0007DWQ0W
        On Board the Morning Star
        Average customer rating: Not rated
          On Board the Morning Star
          Pierre Mac Orlan
          Manufacturer: Albert and Charles Boni
          ProductGroup: Book
          Binding: Hardcover
          ASIN: B000NUL2JA
          Welcome, Blessed Morning!
          Average customer rating: Not rated
            Welcome, Blessed Morning!
            Franklin G. Gray , and Charles A. Woods
            Manufacturer: C S S Publishing Company
            ProductGroup: Book
            Binding: Paperback

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            ASIN: 0895368498
            Linden Woods home ravaged by morning fire; Assiniboine Forest also in flames.(City): An article from: Winnipeg Free Press
            Average customer rating: Not rated
              Linden Woods home ravaged by morning fire; Assiniboine Forest also in flames.(City): An article from: Winnipeg Free Press
              Gale Reference Team
              Manufacturer: Thomson Gale
              ProductGroup: Book
              Binding: Digital
              ASIN: B000VI5HOK
              Release Date: 2007-08-27

              Book Description

              This digital document is an article from Winnipeg Free Press, published by Thomson Gale on August 27, 2007. The length of the article is 487 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

              Citation Details
              Title: Linden Woods home ravaged by morning fire; Assiniboine Forest also in flames.(City)
              Author: Gale Reference Team
              Publication: Winnipeg Free Press (Magazine/Journal)
              Date: August 27, 2007
              Publisher: Thomson Gale
              Page: b1

              Distributed by Thomson Gale
              Christ and the Hebrew World, a Sermon. Preached in the Church of the Covenant Washington, D. C., Sunday Morning December 14, 1913.
              Average customer rating: Not rated
                Christ and the Hebrew World, a Sermon. Preached in the Church of the Covenant Washington, D. C., Sunday Morning December 14, 1913.
                Rev. Charles Wood
                Manufacturer: Washington: Printed By Request, 1913
                ProductGroup: Book
                Binding: Paperback
                ASIN: B000TN9AFE
                A discourse, delivered at the celebration of the nativity of St. John the Baptist,: Before Morning Star, Montgomery, Charity, and Solomon's Temple lodges, at Milford, June 24, A.L. 5820
                Average customer rating: Not rated
                  A discourse, delivered at the celebration of the nativity of St. John the Baptist,: Before Morning Star, Montgomery, Charity, and Solomon's Temple lodges, at Milford, June 24, A.L. 5820
                  Benjamin Wood
                  Manufacturer: Printed by Manning and Trumbull
                  ProductGroup: Book
                  Binding: Unknown Binding
                  ASIN: B0008BY91C
                  Early morning matins
                  Average customer rating: Not rated
                    Early morning matins
                    Macdara Woods
                    Manufacturer: Gallery Books
                    ProductGroup: Book
                    Binding: Unknown Binding
                    ASIN: B0006D9PAC

                    Body & Soul: The Black Male Book
                    Average customer rating: 4 out of 5 stars
                    • Don't Judge a Book by Its Cover--or Its Title
                    • Nice Tease- You Got My Money!
                    • Bad As They Were
                    • Yeah Shannon!
                    • Hai-Chi Mama!
                    Body & Soul: The Black Male Book
                    Duane Thomas
                    Manufacturer: Universe Publishing
                    ProductGroup: Book
                    Binding: Paperback

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                    ASIN: 0789301296
                    Release Date: 1998-07-15

                    Book Description

                    Black men have always created their own style vocabulary, and this stunning collection of photographs is an unprecedented visual tribute to black male beauty and style--as photographed by such top photographers as Marc Baptiste, David LaChapelle, Michel Comte, Thierry Le Gouès, Walter Chin, Greg Gorman and Bob Frame.

                    At once sensual and inspirational, Body & Soul is a candid, provocative look at some of the most talked-about black men on today's cultural scene--from music artists and athletes to models and actors.

                    Customer Reviews:

                    3 out of 5 stars Don't Judge a Book by Its Cover--or Its Title.......2005-08-14

                    D'Angelo, the cover man, is not to be found inside. The title is much too broad; a more accurate title would be, "Fashion Styles of Some Rich & Famous Black Males." As for bodies, they are mostly clothes hangers here; the amount of skin on the cover is misleading. The contents rate as PG because of a couple behinds and a few covered crotches; there is no full, frontal nudity whatsoever. I don't know how anybody gets any soul out of this book, unless they see it in the eyes of some portraits or glean it from scattered quotes of fashion magazine staffers, usually a phrase or single sentence each, as the quotes, along with some other one-sentence observations by the author, are the only text. Therefore, the cover and title are cheap, bookselling tricks, but the book price is not cheap. A used copy, however, IS cheap, as buyers turn into sellers. Although a book about men of color, I am surprised that black & white plates out-number color 3:1, as I count about 90 b&w and 31 color photo's. I am a fan, too, of some of the people featured, but, to me, this is no reason to gush about the book as a whole. Although I could ooh and ah about some of the photo's, there are a like number of dogs and mediocre shots. What could form a pop-culture chapter itself is the number of celebrities who must have paid a lot for elaborate fantasy scenes shot by highly-paid photographers. I would not feel good about seeing this sort of arrogance if I shelled out a lot for their books, CD's, magazines, ticket prices, etc., the profits of which finance such folly. The author sees Black male fashion from a mainly GQ-type perspective, which may be right in-step in certain parts of Manhattan, but, from here in 'da hood, its seems like he's in an ivory tower. He has a new book coming out, with a similar cover and title, of which I will be suspicious. Except for a few unkwnowns, I expect that everyone involved is highly paid--subjects, photographers, fashion industry, etc.--and I wonder if people paid to be in this book, either in the form of their likeness(es) or their work; it would explain a lot.

                    2 out of 5 stars Nice Tease- You Got My Money!.......2003-06-15

                    Have owned this book over six months but just had to get my twocents in on a review. My purchase was based solely on the frontcover showing the gorgeous black rapper- D'Angelo. Since his MTVvideo titled "Untitled" was one of the hottest & sensual videosever to hit the TV screen, I naturally assumed Mr. Thomas wouldtreat all his purchasers to a D'Angelo collection highlightinghis extremely buffed 'bod. Or maybe he could have given us JamieFoxx instead spoofing D'Angelo on his syndicated weekly program.I salivated alot at the other photos- many too small but in the end it galled me that MY MAIN MAN was really a "no show!"

                    2 out of 5 stars Bad As They Were.......2001-11-06

                    Unlike most of the reviewers here, I got to meet some of the guys here either in concert, from the 'hood etc. All left a bad impression on me, so to see them so marvelously pictured here is confusing.

                    5 out of 5 stars Yeah Shannon!.......2000-03-28

                    I agree Shannon. Gary Dourdan is SWEET! Someone should do an entire book on him!

                    5 out of 5 stars Hai-Chi Mama!.......1999-10-17

                    Ladies, get your credit cards out (or borrow a friend's), get your car to the mall (or catch the bus), buy this book now (do what you must)! I am not even kidding you for one second. This is a beautiful book. This book will make you proud to be (check one): 1. Black 2. An admirer of black beauty 3. Female 4. Male 5. Visually adept. All I got to say is Gary Dourdan, my dear, God Blessed You. God Bless You. All the other fine young specimens and the infinitely talented stylists, editors and photographers, "y'all GO"! (Specifically, GO directly back to the drawing board and do this again...serially,pleeeeeease!) Love... me.

                    Analyzing Real Estate Opportunities: Market and Feasibility Studies
                    Average customer rating: Not rated
                      Analyzing Real Estate Opportunities: Market and Feasibility Studies
                      Bryl Boyce
                      Manufacturer: Prentice Hall
                      ProductGroup: Book
                      Binding: Hardcover

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                      ASIN: 0130333581
                      Analyzing real estate opportunities: Market and feasibility studies
                      Average customer rating: Not rated
                        Analyzing real estate opportunities: Market and feasibility studies

                        Manufacturer: Realtors National Marketing Institute of the National Association of Realtors
                        ProductGroup: Book
                        Binding: Unknown Binding

                        Public FinancePublic Finance | Economics | Business & Investing | Subjects | Books
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                        ASIN: 0913652113
                        Analyzing Real Estate Opportunities: Market and Feasibility Studies
                        Average customer rating: Not rated
                          Analyzing Real Estate Opportunities: Market and Feasibility Studies
                          Bryl Boyce
                          Manufacturer: Prentice Hall
                          ProductGroup: Book
                          Binding: Paperback
                          ASIN: B000OHKAU4

                          France in Focus: Film and National Identity
                          Average customer rating: Not rated
                            France in Focus: Film and National Identity

                            Manufacturer: Berg Publishers
                            ProductGroup: Book
                            Binding: Paperback

                            GeneralGeneral | Movies | Entertainment | Subjects | Books
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                            ASIN: 1859733689

                            Book Description

                            This volume brings together the work of leading film scholars from the UK, France and the US who assess a dominant art form's engagement with expressions of national identity at key moments in French cinematic history, from its origins at the end of the nineteenth century, through the inter-war period, the Occupation, the post-Liberation era, and the New Wave, up to the current state of the industry. The essays go against the grain in their attempts to construct an alternative history of French cinema, whether by bringing to light overlooked films or by examining well-known, indeed even 'over-exposed' films or filmmakers in a new light. In re-evaluating the work of Georges MEliEs, Jacques Becker, Jean Renoir, Diane Kurys, FranAois Truffaut, Jean-Luc Godard and Jean-Jacques Beineix, the contributors to this volume focus on the paradoxical centrality of the marginal in constructions of national identity. In doing so, they reveal the structure of 'l'exception franAaise', in which French culture makes an exception for itself by suppressing alterity within it. This multi-faceted assessment of French visual culture and identity will be of interest to students and scholars in French studies, media and film studies, cultural studies and French history.

                            The Mammoth Book of Sex, Drugs and Rock 'N' Roll (Mammoth Book of)
                            Average customer rating: 3 out of 5 stars
                            • Size doesn't matter
                            • Rock and roll heaven
                            The Mammoth Book of Sex, Drugs and Rock 'N' Roll (Mammoth Book of)

                            Manufacturer: Carroll & Graf
                            ProductGroup: Book
                            Binding: Paperback

                            GeneralGeneral | Music | Entertainment | Subjects | Books
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                            ASIN: 0786720034

                            Book Description

                            The western world was turned upside down by the rock ‘n’ roll revolution and here’s the real lowdown on the rock stars who made it happen — and what it did to their lives.

                            Customer Reviews:

                            1 out of 5 stars Size doesn't matter.......2002-11-13

                            This book, with its vast chapters covering many famous groups, is on the surface promising. Sure, the title even sells it. But when you get down to it, this book is far removed from the subject it promises to cover.

                            For instance, when I turned to a chapter on the Beastie Boys, I was expecting to read behind the scenes accounts of their antics during their first tour. Who are they, what were they on, who and what did they get up to? Instead I was offered a literary perspective of how the English press handled the first encounter with the Beasties. Another chapter describes the infamous murder at a Rolling Stones' concert at the hands of a Hell's Angel biker. The problem here is that the book covers the 'whodunnit' of the incident, rather than giving any insider perspective to the Stones on tour. Little was mentioned of the individual members of the Stones.

                            Most of what I attempted to read was highbrow in style, far removed from any feeling of rock and roll. Being a music lover, I wanted more depth in the accounts of the artists that inspired me. I wanted passionate writing about a passion-worthy subject.

                            If you want to view this subject as a slide under a microscope, or as an excerpt from the writers of Scientific American, this book's for you. There's little soul in this mammoth book.

                            5 out of 5 stars Rock and roll heaven.......2001-06-20

                            It took me almost three weeks to read, but wow! What a fantastic book! All the things I ever wanted to know about the excesses of the rock lifestyle. I was particularly intreeged to find out about plaster-casting, the Rolling Thunder Review and the true story of the death of Tupac Shakur. My girlfriend is half way through it now and she thinks the same. Not enough sex for me, maybe too many drugs, but overall a wicked book.

                            The Mind Workout Book: 150 Exercises to Train Your Brain to the Peak of Perfection
                            Average customer rating: 4 out of 5 stars
                            • Very good but an online brain gym is even better
                            The Mind Workout Book: 150 Exercises to Train Your Brain to the Peak of Perfection
                            Robert Allen
                            Manufacturer: Collins & Brown
                            ProductGroup: Book
                            Binding: Spiral-bound

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                            ASIN: 1843401010

                            Book Description

                            Like any other organ, the brain needs a workout to function at its best. So smarten it up with 150 stimulating tasks, games and puzzles. Each fun and thought-provoking exercise is graded for level of difficulty and has an accompanying icon showing which part of the mind it will challenge. The benefits can be considerable, including improved grades, better concentration and focus at work, and a more powerful memory. Start your "brain training" with an extensive self-test to determine the areas of your mind in need of special attention--perhaps creativity, emotional intelligence, problem solving or communication. Or dive right in and start exercising all parts of your mind right away. Of course, hints and answers are provided, but stalwarts will want to use the pull-out panels on the cover to obscure the solutions. For better memory, sharper decision making, and overall mind development, these games, exercises and quizzes can't be beat.

                            Customer Reviews:

                            4 out of 5 stars Very good but an online brain gym is even better.......2006-09-27

                            For everyone who cares about their brain health, this book is very good. Mental fitness is essential to sustaining an active, clear mind. Many people do not realize that working out your brain is just as beneficial as going to the gym. This book really highlights the importance of doing mental exercises.

                            I personally find it easier to do brain exercises online and I joined a service called Agogus.com, which provides fun brain exercises and interesting articles. And, my mental clarity and sharpness continues to get better each day. The key to longevity is mental fitness, and if you ask me - we all need to put our brain on the treadmill!

                            Predicting the Markets of Tomorrow : A Contrarian Investment Strategy for the Next Twenty Years
                            Average customer rating: 4 out of 5 stars
                            • Expert stock wisdom rendered clearly
                            • Reversion to the Mean
                            • Not much to it
                            • Provocative Thoughts on Tomorrow's Markets
                            • Not recommended
                            Predicting the Markets of Tomorrow : A Contrarian Investment Strategy for the Next Twenty Years
                            James P. O'Shaughnessy
                            Manufacturer: Amazon Remainders Account
                            ProductGroup: Book
                            Binding: Hardcover

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                            ASIN: B000GUJH8U

                            Book Description

                            A unique and timely new wealth-building strategy from a legendary investment guru

                            In his national bestsellers How to Retire Rich and What Works on Wall Street, portfolio manager extraordinaire James P. O'Shaughnessy offered investors practical advice based on rigorous quantitative analysis—advice that has consistently beaten the market.

                            But in a recent analysis of market data, O'Shaughnessy uncovered some astonishing trends not discussed in his previous books. The Markets of Tomorrow explains O'Shaughnessy's new research and tells ordinary investors what they must do now to revamp their portfolios.

                            According to O'Shaughnessy, the year 2000 marked the end of a twenty-year cycle that was dominated by the stocks of larger, fastergrowing companies like those in the S&P 500. In the new cycle, the stocks of small and midsize companies are the ones that will outperform the market, along with large company value stocks and intermediate term bonds. O'Shaughnessy describes the number crunching behind his analysis and then shows individual investors exactly how to select the right mix of investments and pick top-performing small and midcap stocks.

                            The Markets of Tomorrow is a loud and clear call to action for every investor who doesn't want to be left behind.

                            Praise for James P. O'Shaughnessy:
                            “What investment strategies have worked over the past forty years? Ask this man.”
                            —Barrons

                            “You ignore his message at the risk of your own future wealth. His trailblazing research suggests new ways to invest.”
                            —Kiplinger's Personal Finance Magazine

                            Customer Reviews:

                            4 out of 5 stars Expert stock wisdom rendered clearly.......2007-04-13

                            James P. O'Shaughnessy is a recognized authority on quantitative investing and something of a financial media star. In this accessible book, he offers an introduction to some seldom discussed facts of market life. We praise his well-documented introduction to market history, and his very lucid take on behavioral finance and the cognitive bad habits that lead so many investors astray. He notes that investors should avoid advisors who claim to be able to time the market or pick stocks. Instead, they should favor those who take the more quantitatively justifiable approach of stressing asset allocation. He does recommend rather strongly that investors should not attempt do-it-yourself plans, but rather rely on financial advisors - and being an advisor himself could conceivably have informed this opinion. Then, again, given his ace reporting on the pitfalls of bonds, big-cap growth stocks, American investing habits, historic patterns and bursting bubbles, who would want to go it alone?

                            5 out of 5 stars Reversion to the Mean.......2007-03-20

                            In Predicting the Markets of Tomorrow author James O'Shaughnessy offers his ideas on the investment environment we are likely to encounter over the 20 years from 2006 through 2026. He selected twenty years as this time horizon based on extensive analysis of market behavior over approximately the last 200 years. His logic goes something like this:

                            1. When calculating returns from any investment strategy, it is essential to focus on the real return, after accounting for inflation.
                            2. Approximately two hundred years of stock market data (1809-2004) show that real returns have been highly erratic, especially when analyzed over periods of a few years or less.
                            3. However, when one calculates returns using overlapping periods of 20 years, they become much smoother. Stocks have rarely lost value over a 20 year period.
                            4. There are probably some underlying factors that cause returns to be smoother over 20 years. O'Shaughnessy suggests two. First, many investors don't really get started saving and investing until their mid 40s, giving than about 20 years to accumulate assets before retiring. Second, retirement at 65 together with a life expectancy of 85 suggests retirements (and asset depletion cycles) that last about 20 years.
                            5. If one decomposes the 20 year average returns of the S&P into the returns of the growth and the value stocks that comprise the S&P, these two groups have tended to move out of cycle with each other. Growth stocks occasionally have produced the higher return, as they did in the 1980s and 1990s. More often, value stocks have outperformed value stocks.
                            6. The returns of these three groups (S&P, Growth, and Value) all seem to revert to their mean rates of return. Any group that has outperformed in a 20 year interval is likely to underperform in the next 20 year period.
                            7. Since growth stocks outperformed in the 1980s and 90s, it's now their turn to underperform while value stocks outperform.
                            8. One can also segment the market by the capitalization (the total value of all the shares of a company). This analysis suggests that small cap stocks are likely to outperform large cap stocks over the next 20 years.
                            9. The average 20 year real returns /standard deviations of the key market groups between 1947 and 2004 have been:

                            Large Cap Growth: 6.26% / 3.83%
                            S&P 500: 7.30% / 3.76%
                            Large Cap Value: 10.32% / 3.42%
                            Small Cap: 10.42% / 2.94%

                            10. As seen in the figures above, Large Cap Value and Small Cap stocks have higher returns with lower standard deviations. When you add on the fact that these two groups have underperformed over the last 20 years, O'Shaughnessy appears to have a compelling argument for focusing on these two groups. To hedge his bets slightly, he recommends a preferred portfolio allocation of 50% large cap value, 35% small cap growth, and 15% large cap growth.
                            11. Fixed income securities, even inflation protected treasuries (TIPS) are currently producing returns that, at best, break even. They are "Return-free risks, not risk-free returns". Avoid them except as a place to park cash they you will need in the next few years.

                            Reviewer's Comments: I agree with O'Shaughnessy's approach and conclusions but would have liked a better justification for using 20 year average returns. One could argue that generations are separated by about 25 years which might make that figure the logical interval for averaging. Perhaps someone has (or should) compare the results of averaging over different periods such as 10, 15, 20, 25 and 30 years. Or, even better, use a Fast Fourier Transform to determine the power spectral density of each time series.

                            2 out of 5 stars Not much to it.......2006-10-20

                            I wish I could have paged through this book before I got it. Based on the title, I was hoping that the book would discuss economic developments, new markets, new theories, or new technologies that would lead met to make better investments. Instead, I'd call this book more of a "technical analysis" piece. It's basic premise is that stocks move in 20 year cycles, and the cycle for large cap growth stocks ended in 2000. Therefore, put your money in small cap stocks and large cap value.

                            It's possible that some readers who invest in mutual funds will find this book useful, although they would have been better served had it been published in 2000. However, the book does not discuss, let alone even reference, techniques of analyzing individual stocks.

                            So what if many stocks got creamed in 2000? You didn't need to be a market historian to see that coming when p/e ratios and other indicia of valuation were so out of whack. Anyone following the value methodologies of Ben Graham ("Intelligent Investor") or Chris Browne ("Little Book of Value Investing") avoided getting slammed.

                            The book's basic premise is that by market timing specific sectors, individual investors can achieve outsized returns. I am skeptical that most investors will find this to be the case.

                            Even the title to this book is arguably misleading. The book is not truly contrarian - it's about interpreting historic market trends to predict the future. Anyone who has read a mutual fund prospectus can tell you that the SEC requires a statement to the effect that "past performance does not indicate future results" - readers would be well advised to keep that warning in mind.

                            If you want to read good books on contrarian investing, get David Dreman's "Contrarian Investing Strategies: the Next Generation," or one of the numerous books on behavioral finance that are available (example: Belsky & Gilovich's "Why Smart People Make Big Money Mistakes" or Paulos' "A Mathematician Plays the Stock Market.").

                            Sadly, I wish I had taken a pass on this book.

                            5 out of 5 stars Provocative Thoughts on Tomorrow's Markets .......2006-10-18

                            Citing copious historical statistics, James P. O'Shaughnessy argues persuasively that it is time for a new market orientation.

                            In his latest book Predicating the Markets of the Tomorrow, he says successful investors will abandon their love affair with large-cap growth stocks and mutual funds. Future performance will be dominated by small to medium sized growth companies and the large-cap value stocks, he says.

                            The first few years of this century have reacquainted investors with the concept that markets can and do fall. During the bear market that lasted from March, 2000 to March, 2003, the market darlings of the 1990s were crushed; the NASDAQ plunged 80 per cent; the S & P 500 more than 40 per cent. This time was not different. Evaluations do matter.

                            Drawing on more than a century of data, the originator of the "Dogs of the Dow" argues in the wake of that disaster, new market leadership, primarily small growth equities and large cap value stocks will supply the two decades of market leadership.

                            "The less a man knows," Sigmund Freud once wrote, "about the past and the present the more insecure must be his judgment of the future."

                            I have not read a better articulation of the market history than is found in this book. The past is the future's prologue. Over the long term markets revert to the mean. James P. O'Shaughnessy provides investors with a clear, concise and unemotional look at the market's history and a provocative glimpse into its future.

                            2 out of 5 stars Not recommended.......2006-09-04

                            Not recommended. This allegedly "contrarian" book argues that the hot trends of the last 6 years (outperformance by small and value stocks) will continue for the next 20. I find any argument for the continuation of well-established trends inherently suspicious, but purchased this anyway to challenge my notion (based on other sources, mostly Morningstar) that large growth is attractively valued right now (even if French & Fama are right about small & value being best in the long run).

                            I didn't find much to challenge my view. The author's argument seems to be based entirely on reversion to mean, without any consideration of current valuations (P/E, Price/Book, Price/Sales) of the different market segments.

                            Two aspects raise the specter of data mining. First, the reversion analysis is based entirely on 20-year rolling data, but the grounds for picking 20 are thin. He says it's a typical holding period, but so are 10 and 25; I see no curiosity displayed whether the results would hold if different periods were used. Second, the stock picking rules laid out in Chapter 8, singled out for praise by another reviewer, give the appearance of having been selected from thousands of possible rules. I can't tell if these were previously published and have worked since then, but the backtesting is ALWAYS spectacular, and if enough rules were tried then the success of these was just random chance.

                            The author's portfolio recommendations are all domestic equity, and compared to a strawman historically bad allocation. Bonds are ultimately dismissed, although the chapter devoted to them contains some good information. REIT's, international investing, and commodities are skipped over in favor of advice to hire an advisor (which the author happens to be). The chapter on asset allocation should thus be called "My domestic stock picks," and contains no analysis of the benefits of rebalancing volatile asset classes. It's almost surely a mistake to own more than ~80% stocks, but you'd never know that from reading this book.

                            Another problem is the author's simultaneous praise at pp. 181 and 183-84 for the respective selection criteria of the Vanguard Value and Growth ETF's. The MSCI indexes (on which these funds are based) are just the flip sides of a coin. Of the 750 largest U.S. stocks, each index (and fund) contains only and exactly what the other does not. Thus if one is good, the other is bad. Ownership in both makes a simple cap-weighted index of the top 750 stocks (similar to S&P 500 funds, which the author elsewhere condemns).

                            In fairness, there is some good information on the tech boom and bust, demographics, and 401(k)'s. My bottom line, though, is that I got more out of both Richard Ferri's book on Asset Allocation, and William Bernstein's Four Pillars of Investing, even though it's out of date.

                            One final nit: IBM did not create the first laptop computer, in 1986, as stated on p. 242. That was Data General, in 1984.

                            Books:

                            1. Museum Without Walls
                            2. Mutch About Horses
                            3. Night of the Crash-Test Dummies
                            4. Numismatic Art in America: Aesthetics of the United States Coinage (Belknap Press)
                            5. Pacific Tapa
                            6. Painters of the Wasatch Mountains
                            7. Painters Quick Reference: Flowers & Blooms
                            8. Painting Borders For Your Home With Donna Denberry
                            9. Pastel Workbook: A Complete Course in Ten Lessons
                            10. Personal Illuminations: Imagination (Personal Illuminations) (Personal Illuminations)

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