Acknowledgments

Thanks to Research Affiliates (RA), BlackRock, Rydex, and the participating managers, for their guidance and help. Some of RA’s research was covered in my book Investing with Intelligent ETFs (McGraw-Hill, 2008). Thanks to my friends and associates at East/West Securities and at White Pacific Securities: Echo Chien, Dr. Charles Chen, Benny Choi, Bob Angle, Monte Pare, Bin Yang, Diana Vuong, Aaron Small, Ming Hwang, Amy Guan, Zebo Huang, and Walton Lee. Also, I thank my editor, Jeanne Glasser; my agent, David Nelson; Dr. Abbot Bronstein; my wife, Dr. Joyce A. Glick; my children and their spouses, Jonathan Isaacman, Linda Burnett Isaacman, Carrie Isaacman, Roger Stude, and my step-daughter, Dr. Danielle Kaplan. A shout out to Nathan Stude and Harper Joanne Isaacman for arriving in the world and alerting us again to the fact that life is for both sprinters and long-distance runners.

Disclaimer: I own ETFs for myself and for my clients, and some of these ETFs might be written about in this book. There are always risks associated with investing in the stock and bond markets. This book does not guarantee you will make money in the stock and bond markets, and you could lose money. I am not making recommendations to any reader because an investor’s ability to take risks must be taken into consideration before investments are made.