Engines That Move Markets : Technology Investing from Railroads to the Internet and Beyond

by Nairn, Alasdair

• ISBN13: 9780471205951
• ISBN10: 0471205958
• Format: Hardcover
• Copyright: 2002-01-04
• Publisher: Wiley

Summary

This engaging book highlights the history of industrial development and its impact on investors. Today's investors will learn about past approaches to technological advances such as-electricity, the railroad, the telephone, the computer, and much more-while gaining insights on how to appraise the "new technology" companies of the future.

Author Biography

ALASDAIR (Sandy) NAIRN is Chief Investment Officer of the Scottish Widows Investment Partnership in Edinburgh, responsible for the management of over $130 billion in assets. Prior to this, he spent over ten years with the Templeton organization, most recently based in Ft. Lauderdale, Florida, where he was director of global equity research. Nairn holds a bachelor’s degree in economics and engineering, and a PhD in economics.

Table of Contents

Foreword by: Sir John Templeton.

Author¦s Introduction.

Acknowledgments.

Chapter 1 Making Tracks: The Industrial Revolution, Canals, and Railways.

Chapter 2 Breaking Out: The Story of the U.S. Railroads.

Chapter 3 Investing at the Speed of Sound: How the Telephone Changed Everything.

Chapter 4 Lighting Up: Edison and the Electric Lamp.

Chapter 5 Digging Deep: The Search for Oil.

Chapter 6 Driving Forward: The History of the Automobile.

Chapter 7 Making Waves: The Story of Wireless, from Marconi to Baird.

Chapter 8 Making It Count: From Adding Machines to Mainframes.

Chapter 9 Processing Power for All: The Rise of the PC.

Chapter 10 The Internet: How Time-Share Computing Became a Reality.

Chapter 11 The Pathology of Technology Investing.

Notes.

Index