He’s been a bit modest about it, but Cullen has written a book which looks dang interesting:
I don’t have my copy yet, so I can’t do a full review. Cullen has run an investment advisory for the last several years, and this book is about investing.
Here is part of the blurb:
“In Pragmatic Capitalism, Cullen Roche explores how our global economy works and why it is more important now than ever for investors to understand macroeconomics.”
I fully agree with this – investing today requires a solid understanding on how the macro economy works. I suspect Cullen does not think most modern macro models are very useful. Rather, he wants to use a stock-flow oriented approach to thinking through the consequences of those national and global stocks and flows.
If you are a fan of Cullen – like I am – You know what to do: Go buy it!