Includes bibliographical references (p. 293-306) and index.

Uncovering the growth trap -- The growth trap -- Creative destruction or destruction of the creative? -- Triumph of the tried and true : finding corporate Eldorados -- Growth is not return : the trap of investing in high growth sectors -- Overvaluing the very new -- The bubble trap : how to spot and avoid market euphoria -- Investing in the newest of the new : initial public offerings -- Capital pigs : technology as productivity creator and value destroyer -- Productivity and profits : winning managements in losing industries -- Sources of shareholder value -- Show me the money : dividends, stock returns, and corporate governance -- Reinvested dividends : the bear market protector and return accelerator -- Earnings : the basic source of shareholder returns -- The aging crisis and the coming shift in global economic power -- Is the past prologue? : the past and future case for stocks -- The future that cannot be changed : the coming age wave -- Conquering the age wave : what policies will work and which won't -- The global solution : the true new economy -- Portfolio strategies -- Global markets and the world portfolio -- The D-I-V directives.