Best of
Finance

1993

Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports


Howard Schilit - 1993
    This work contains chapters, data, and research that reveal contemporary shenanigans that have been known to fool even veteran researchers.

Trading for a Living: Psychology, Trading Tactics, Money Management


Alexander Elder - 1993
    Trading for a Living helps you master all of those three areas: * How to become a cool, calm, and collected trader * How to profit from reading the behavior of the market crowd * How to use a computer to find good trades * How to develop a powerful trading system * How to find the trades with the best odds of success * How to find entry and exit points, set stops, and take profits Trading for a Living helps you discipline your Mind, shows you the Methods for trading the markets, and shows you how to manage Money in your trading accounts so that no string of losses can kick you out of the game. To help you profit even more from the ideas in Trading for a Living, look for the companion volume--Study Guide for Trading for a Living. It asks over 200 multiple-choice questions, with answers and 11 rating scales for sharpening your trading skills. For example: Question Markets rise when * there are more buyers than sellers * buyers are more aggressive than sellers * sellers are afraid and demand a premium * more shares or contracts are bought than sold* I and II * II and III * II and IV * III and IV Answer B. II and III. Every change in price reflects what happens in the battle between bulls and bears. Markets rise when bulls feel more strongly than bears. They rally when buyers are confident and sellers demand a premium for participating in the game that is going against them. There is a buyer and a seller behind every transaction. The number of stocks or futures bought and sold is equal by definition.

Bogle on Mutual Funds, New Perspectives for the Intelligent Investor


John C. Bogle - 1993
    Bright clean dust jacket has light edge wear. Gift quality. Same day shipping from AZ.

Corporate Financial Distress and Bankruptcy: Predict and Avoid Bankruptcy, Analyze and Invest in Distressed Debt


Edward I. Altman - 1993
    A comprehensive look at the enormous growth and evolution of distressed debt, corporate bankruptcy, and credit risk default This Third Edition of the most authoritative finance book on the topic updates and expands its discussion of corporate distress and bankruptcy, as well as the related markets dealing with high-yield and distressed debt, and offers state-of-the-art analysis and research on the costs of bankruptcy, credit default prediction, the post-emergence period performance of bankrupt firms, and more.

Advances in Behavioral Finance


Richard H. Thaler - 1993
    Nevertheless, as the increasingly exquisite and detailed financial data demonstrate, financial markets often fail to behave as they should if trading were truly dominated by the fully rational investors that populate financial theories. These markets anomalies have spawned a new approach to finance, one which as editor Richard Thaler puts it, "entertains the possibility that some agents in the economy behave less than fully rationally some of the time." Advances in Behavioral Finance collects together twenty-one recent articles that illustrate the power of this approach. These papers demonstrate how specific departures from fully rational decision making by individual market agents can provide explanations of otherwise puzzling market phenomena. To take several examples, Werner De Bondt and Thaler find an explanation for superior price performance of firms with poor recent earnings histories in the tendencies of investors to overreact to recent information. Richard Roll traces the negative effects of corporate takeovers on the stock prices of the acquiring firms to the overconfidence of managers, who fail to recognize the contributions of chance to their past successes. Andrei Shleifer and Robert Vishny show how the difficulty of establishing a reliable reputation for correctly assessing the value of long term capital projects can lead investment analysis, and hence corporate managers, to focus myopically on short term returns. As a testing ground for assessing the empirical accuracy of behavioral theories, the successful studies in this landmark collection reach beyond the world of finance to suggest, very powerfully, the importance of pursuing behavioral approaches to other areas of economic life. Advances in Behavioral Finance is a solid beachhead for behavioral work in the financial arena and a clear promise of wider application for behavioral economics in the future.

LEAPS: Long-Term Equity Anticipation Securites: What They Are and How to Use Them for Profit and Protection (Long-Term Equity Anticipation Securities ... How to Use Them for Profit and Protection)


Harrison Roth - 1993
    Straightforward and easy to read, LEAPS clearly explains the concepts behind the creation of long term equity anticipation securities as well as basic strategies, from bullish to bearish to neutral.

Monetary Policy in the United States: An Intellectual and Institutional History


Richard H. Timberlake Jr. - 1993
    monetary policy, Richard H. Timberlake chronicles the intellectual, political, and economic developments that prompted the use of central banking institutions to regulate the monetary systems. After describing the constitutional principles that the Founding Fathers laid down to prevent state and federal governments from printing money. Timberlake shows how the First and Second Banks of the United States gradually assumed the central banking powers that were originally denied them. Drawing on congressional debates, government documents, and other primary sources, he analyses the origins and constitutionality of the greenbacks and examines the evolution of clearinghouse associations as private lenders of last resort. He completes this history with a study of the legislation that fundamentally changed the power and scope of the Federal Reserve System—the Banking Act of 1935 and the Monetary Control Act of 1980. Writing in nontechnical language, Timberlake demystifies two centuries of monetary policy. He concludes that central banking has been largely a series of politically inspired government-serving actions that have burdened the private economy.

Sound Mind Investing: A Step-By-Step Guide to Financial Stability and Growth


Austin Pryor - 1993
    In this helpful book, Pryor shows the beginning investor how to use the right tools to become debt-free, save for future needs, invest in stocks, and diversify for safety. The nuts and bolts of financial vehicles are highlighted, as well as the pitfalls and potential benefits of each. Foreword by Larry Burkett.

Minding Mr. Market: Ten Years on Wall Street with Grant's Interest Rate Observer


James Grant - 1993
    "A splendid work . . . filled with lucid observations".--Publishers Weekly.

Fundamentals of Real Estate Appraisal


William L. Ventolo Jr. - 1993
    Using an effective blend of theory and practice, this best selling textbook provides a strong foundation for understanding today's ever changing appraisal marketplace.

Bulletproof Your Financial Future


Bruce A. Lefavi - 1993
    A blueprint for preparing for all economic catastrophes and for making the best long-term investments.--Houston Business Journal.

Apache Moon (The Pecos Kid)


Len Levinson - 1993
    Two men are dead at the Bar T Ranch: a clear case of self-defense. But an angry Army officer has personal reasons for pressing charges and Braddock is on the run, headed for Mexico with marriage on his mind and high-spirited Phyllis at his side. Between Mexico and freedom lays treacherous Apache land. It could spell cruel death. For Braddock, it becomes a haven - - a place to discover a priceless piece of his heritage. But a relentless sense of duty and a fat bounty to bring Phyllis home spur on Marshall Dan Stowe to smoke the Pecos Kid out. And before he knows it, Braddock is alone, riding for the border and a shootout that will brand him an outlaw forever or leave him stone-cold dead.

Grow Rich Slowly: 2the Merrill Lynch Guide to Retirement Planning


Don Underwood - 1993
    Grow Rich Slowly is the first book to distill the expertise of these retirement financing authorities and tailor it to the specific needs of real readers.