To profit in today's changing markets, investors need to embrace effective new strategies. 'Active Management" is one of the most popular and versatile of the new investment paradigms. Now, expanding on principles first outlined in his best-selling book, Inside Greenspan's Briefcase, acclaimed portfolio manager Rob Stein outlines the key concepts of the powerful strategy that's ideal for every investor-and every market climate.Active Management can reduce risk. It can improve returns in shorter time frames than average equity investments. And it gives investors-and the managers who counsel them-a defense against the vagaries of the markets by not having all assets held captive by dated buy-and-hold methods, or knee-jerk reactions to short-term moves. With investors so highly vested in the market-and security of nest eggs literally on the line-adopting the active management methods Rob Stein maps out in this groundbreaking new guide is imperative.'Rob Stein is one of the most adept people I've run across at interpreting economicshifts and gauging their repercussions in the stock market. I've interviewedRob a number of times for Investor's Business Daily and he's alwaysbeen excellent at sizing up which way the economic winds are blowing."-Christina Wise, Economic writer, Investor's Business Daily'Active Management makes sense-and can make the reader dollars. In practical, workable terms, Rob shows how the thoughtful investor should use theeconomy as a profitable guide to portfolio construction. Individuals and institutionsseeking to make money while mitigating risk will find it a highlyrewarding, logic-based roadmap."-George L. Ball, Chairman, Sanders Morris Harris Group'Rob Stein clearlyprovides a risk management framework for investors that isnon-correlating and relevant in any market cycle. A great complement to Rob'sprevious book, Inside Greenspan's Briefcase."-Curt Meyer, Rydex Investments