Best of
Finance

1994

The Total Money Makeover: A Proven Plan for Financial Fitness


Dave Ramsey - 1994
    There's one sure way to whip your finances into shape, and that's with "The Total Money Makeover: Classic Edition".By now, you've heard all the nutty get-rich-quick schemes, the fiscal diet fads that leave you with a lot of kooky ideas but not a penny in your pocket. Hey, if you're tired of the lies and sick of the false promises, take a look at this--it's the simplest, most straightforward game plan for completely making over your money habits. And it's based on results, not pie-in-the-sky fantasies. With "The Total Money Makeover: Classic Edition," you'll be able to:Design a sure-fire plan for paying off all debt--meaning cars, houses, everything Recognize the 10 most dangerous money myths (these will kill you) Secure a big, fat nest egg for emergencies and retirement!

The Creature from Jekyll Island: A Second Look at the Federal Reserve


G. Edward Griffin - 1994
    Cussed and discussed by all from notable politicians to academicians to laypersons. Do you want to know the truth about money? Creature from Jekyll Island will give you the answers to these, and other, questions: Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait! You'll be hooked in five minutes. Creature from Jekyll Island Reads like a detective story which it really is. But it's all true. This book is about the most blatant scam of all history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Creature from Jekyll Island is a "must read." Your world view will definitely change. You'll never trust a politician again or a banker.

Stocks for the Long Run


Jeremy J. Siegel - 1994
    Provides a portrait of the stock market with the strategies, tools, and techniques investors need to maintain their focus and achieve meaningful stock returns over time.

Damodaran on Valuation: Security Analysis for Investment and Corporate Finance


Aswath Damodaran - 1994
    If you are interested in the theory or practice of valuation, you should have Damodaran on Valuation on your bookshelf. You can bet that I do. -- Michael J. Mauboussin, Chief Investment Strategist, Legg Mason Capital Management and author of More Than You Know: Finding Financial Wisdom in Unconventional Places In order to be a successful CEO, corporate strategist, or analyst, understanding the valuation process is a necessity. The second edition of Damodaran on Valuation stands out as the most reliable book for answering many of today's critical valuation questions. Completely revised and updated, this edition is the ideal book on valuation for CEOs and corporate strategists. You'll gain an understanding of the vitality of today's valuation models and develop the acumen needed for the most complex and subtle valuation scenarios you will face.

A Piece of the Action: How the Middle Class Joined the Money Class


Joe Nocera - 1994
    These innovations produced a genuine revolution—the democratization of money—in which the middle class became financial players.Author Joe Nocera’s 2013 introduction describes where this revolution took those who embraced it, that is, practically all of us. We have gone into debt, made dicey investments, and lived through many bursting bubbles. We used the financial tools we now had at our disposal to act on bets and dares we didn’t yet understand. We bet on the Internet, borrowed on our homes, and compromised our retirements in pursuit of the American dream.A Piece of the Action is an important piece of financial and social history, and Nocera’s 2013 critique of the uses of the revolution is a powerful warning and admonition to understand what is at stake before we act.

Time Series Analysis


James Douglas Hamilton - 1994
    This book synthesizes these recent advances and makes them accessible to first-year graduate students. James Hamilton provides the first adequate text-book treatments of important innovations such as vector autoregressions, generalized method of moments, the economic and statistical consequences of unit roots, time-varying variances, and nonlinear time series models. In addition, he presents basic tools for analyzing dynamic systems (including linear representations, autocovariance generating functions, spectral analysis, and the Kalman filter) in a way that integrates economic theory with the practical difficulties of analyzing and interpreting real-world data. Time Series Analysis fills an important need for a textbook that integrates economic theory, econometrics, and new results.The book is intended to provide students and researchers with a self-contained survey of time series analysis. It starts from first principles and should be readily accessible to any beginning graduate student, while it is also intended to serve as a reference book for researchers.-- "Journal of Economics"

Investment Biker: Around the World with Jim Rogers


Jim Rogers - 1994
    Investment Biker is the fascinating story of Rogers’s global motorcycle journey/investing trip, with hardheaded advice on the current state and future direction of international economies that will guide and inspire investors interested in foreign markets.

Beyond Candlesticks: New Japanese Charting Techniques Revealed


Steve Nison - 1994
    The man who revolutionized technical analysis by introducing Japanese candlestick charting techniques to Western traders is back--this time with a quartet of powerful Japanese techniques never before published or used in the West. Stunningly effective on their own, these new techniques pack an even greater wallop when teamed up with traditional trading, investing, or hedging strategies, and Steve Nison shows you how to do it. Beyond Candlesticks provides step-by-step instructions, detailed charts and graphs, and clear-cut guidance on tracking and analyzing results--everything you need to pick up these sharp new tools and take your place at the cutting edge of technical analysis. Critical praise for Steve Nison's first book . . destined to become the classic reference on the subject. --Charles Lebeau and David Lucas Technical Trader's Bulletin I believe Steve Nison's new candlestick book is destined to become one of the truly great books for this time period.. Whether you trade futures, commodities, or equities, day trade or hold positions overnight, this book is a must. --Lee Siegfried Investor's Library, Data Broadcasting Corp. It is hard to be too effusive about the quality of NiSon's work . this is clearly one of the best investment books ever written in terms of covering a subject with pedagogical ability and writing skill. The organization is impeccable . reading it was a pleasure. --Commodity Traders Consumer Report

Key Management Ratios: Key Management Ratios


Ciaran Walsh - 1994
    This new edition is re-packaged with a new jacket design to revitalise the Key Management brand and new two-colour internals make it more readable and visually appealing.Key Management Ratiosis an antidote to any fear of finance. Drawing data from 200 companies worldwide, the book brings clarity and simplicity to its explanation of every measure and shows how they all link together to drive your business.From cash flow and profit to ROI and ROTA, its unique approach remains as classic as ever, bringing a simple and visual understanding to a complex subject.

Active Portfolio Management: A Quantitative Approach for Producing Superior Returns and Controlling Risk (McGraw-Hill Library of Investment & Finance)


Richard C. Grinold - 1994
    Jacques, Partner and Chief Investment Officer, Martingale Asset Management.Active Portfolio Management offers investors an opportunity to better understand the balance between manager skill and portfolio risk. Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn.-Scott Stewart, Portfolio Manager, Fidelity Select Equity (R) DisciplineCo-Manager, Fidelity Freedom (R) Funds.This Second edition will not remain on the shelf, but will be continually referenced by both novice and expert. There is a substantial expansion in both depth and breadth on the original. It clearly and concisely explains all aspects of the foundations and the latest thinking in active portfolio management.-Eric N. Remole, Managing Director, Head of Global Structured Equity, Credit Suisse Asset Management.Mathematically rigorous and meticulously organized, Active Portfolio Management broke new ground when it first became available to investment managers in 1994. By outlining an innovative process to uncover raw signals of asset returns, develop them into refined forecasts, then use those forecasts to construct portfolios of exceptional return and minimal risk, i.e., portfolios that consistently beat the market, this hallmark book helped thousands of investment managers. Active Portfolio Management, Second Edition, now sets the bar even higher. Like its predecessor, this volume details how to apply economics, econometrics, and operations research to solving practical investment problems, and uncovering superior profit opportunities. It outlines an active management framework that begins with a benchmark portfolio, then defines exceptional returns as they relate to that benchmark. Beyond the comprehensive treatment of the active management process covered previously, this new edition expands to cover asset allocation, long/short investing, information horizons, and other topics relevant today. It revisits a number of discussions from the first edition, shedding new light on some of today's most pressing issues, including risk, dispersion, market impact, and performance analysis, while providing empirical evidence where appropriate. The result is an updated, comprehensive set of strategic concepts and rules of thumb for guiding the process of-and increasing the profits from-active investment management.

Financial Markets and Institutions (Prentice Hall Series in Finance) (Addison-Wesley Series in Finance)


Frederic S. Mishkin - 1994
    A unifying framework uses a few core principles to organize readers' thinking then examines the models as real-world scenarios from a practitioner's perspective. By analyzing these applications, readers develop the critical-thinking and problem-solving skills necessary to respond to challenging situations in their future careers. Introduction: Why Study Financial Markets and Institutions?; Overview of the Financial System. Fundamentals of Financial Markets: What Do Interest Rates Mean and What Is Their Role in Valuation?; Why Do Interest Rates Change?; How Do Risk and Term Structure Affect Interest Rates?; Are Financial Markets Efficient? Central Banking and the Conduct of Monetary Policy: Structure of Central Banks and the Federal Reserve System; Conduct of Monetary Policy: Tools, Goals, Strategy, and Tactics. Financial Markets: The Money Markets; The Bond Market; The Stock Market; The Mortgage Markets; The Foreign Exchange Market; The International Financial System. Fundamentals of Financial Institutions: Why Do Financial Institutions Exist?; What Should Be Done About Conflicts of Interest? A Central Issue in Business Ethics. The Financial Institutions Industry: Banking and the Management of Financial Institutions; Commercial Banking Industry: Structure and Competition; Savings Associations and Credit Unions; Banking Regulation; The Mutual Fund Industry; Insurance Companies and Pension Funds; Investment Banks, Security Brokers and Dealers, and Venture Capital Firms. The Management of Financial Institutions: Risk Management in Financial Institutions; Hedging with Financial Derivatives. On the Web: Finance Companies. For all readers interested in financial markets and institutions.

Investment Under Uncertainty


Avinash K. Dixit - 1994
    In so doing, they answer important questions about investment decisions and the behavior of investment spending.This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems.

New Stock Trend Detector: A Review of the 1929-1932 Panic and the 1932-1935 Bull Market: With New Rules for Detecting Trend of Stocks


W.D. Gann - 1994
    I knew more about determining the trend of stocks in 1923 than I did in 1911. Seven more years of experience gave me more knowledge and enabled me to write THE WALL STREET STOCK SELECTOR in 1939 and give my readers the benefit of my increased knowledge. Now, after five more years have elapsed my experience and practical test of new rules have enabled me to learn more of value since 1930. The 1929-1932 panic and what has followed since, gave me valuable experience and I have gained more knowledge about detecting the right stocks to buy and sell. W.D. Gann CONTENTSI. A New Deal in Wall StreetII. Foundation for Successful TradingIII. History RepeatsIV. Individual Stocks vs. AveragesV. New Rules to Detect Trend of StocksVI. Volume of SalesVII. A Practical Trading MethodVIII. Future Trend of Stocks

Schaum's Outline of Bookkeeping and Accounting


Joel J. Lerner - 1994
    Inside you'll find explanations of the subject's fundamentals and topics such as financial analysis, preparing cash flow statements, and the distinction between accounting for perpetual and periodic inventory system. It also includes a chapter on the most popular accounting software, which accounting students are expected to master before they graduate.

Efficiency Of Racetrack Betting Markets


Donald B. Hausch - 1994
    As evidenced by the collection of articles, the understanding of racetrack betting is clearly drawn from, and has correspondingly returned something to, all the fields of psychology, economics, finance, statistics, mathematics and management science.

When to Sell for the 1990s: Inside Strategies for Stock Market Profits


Justin Mamis - 1994
    But do you know how and when to sell? How to turn a paper profit into a real one at the right time? How to prevent a minor loss from turning into a major disaster? This revised update of an old classic answers these and many other questions about the timing of sales.

The Taylor Trading Technique


George Douglas Taylor - 1994
    This classic 1950 work describes a mechanical trading method for capitalizing on short-term market swings. Many current trading systems are based on the ideas from this book. Highly recommended by Linda Bradford Raschke.

Option Volatility & Pricing Workbook


Sheldon Natenberg - 1994
    It reflects the most current developments and trends in option products and trading strategies, including new information on pricing models, intermarket spreading options, and volatility analysis."Provides step-by-step guides, exercises, fill-in-the blank charts, and other hands-on activities"Sheldon Natenberg has been in charge of the education program at Chicago Trading Company, a proprietary derivatives trading firm, since 2000.

Supplying the Troops: General Somervell and American Logistics in WWII


John Kennedy Ohl - 1994
    With more than 11 million soldiers to be armed, fed, clothed, and transported, logistics - including the design, procurement, distribution, and movements of supplies and the transportation of troops - became big business. General Brehon B. Somervell, a brilliant military-industrial manager, led the army's wartime logistical operation. Sometimes criticized as a big spender, he understood well the decisive role of superior material and mobility. As America's chief wartime logistician, he demanded ample supplies for the troops, at the right place at the right time. A graduate of West Point, Somervell served his country in both the military and civilian arenas. As head of the Works Progress Administration in New York City, he won recognition for his effective management; later, he helped prepare the nation for war by building training camps and munitions plants. At the height of his career, as head of the War Department Services of Supply - known later as the Army Service Forces - Somervell was responsible for the supply and administration of the army within the United States and the support of troops overseas. He also was the War Department's principal logistical advisor and troubleshooter. In these ways, Somervell played a vital role in the mobilization of forces and powerfully influenced the United States' conduct of the war. In this much-needed biography, Ohl illuminates the centrality of logistics in the Allied path to victory over the Axis powers and also shows how the interaction of military, political, and business leaders during the war helped to shape national policy. Ohl baseshis study on exhaustive research in the National Archives, on manuscript collections, and on oral histories and interviews. Supplying the Troops will appeal especially to those interested in military logistics and history, economic history, and the World War II era.

American Economic Policy in the 1980s


Martin Feldstein - 1994
    Other leading economists and policymakers examine a variety of domestic and international issues, including monetary and exchange rate policy, regulation and antitrust, as well as trade, tax, and budget policies.The contributors to this volume are Alberto Alesina, Phillip Areeda, Elizabeth Bailey, William F. Baxter, C. Fred Bergsten, James Burnley, Geoffrey Carliner, Christopher DeMuth, Douglas W. Elmendorf, Thomas O. Enders, Martin Feldstein, Jeffrey A. Frankel, Don Fullerton, William M. Isaac, Paul L Joskow, Paul Krugman, Robert E. Litan, Russell B. Long, Michael Mussa, William A. Niskanen, Roger G. Noll, Lionel H. Olmer, Rudolph Penner, William Poole, James M. Poterba, Harry M. Reasoner, William R. Rhodes, J. David Richardson, Charles Schultze, Paula Stern, David Stockman, William Taylor, James Tobin, W. Kip Viscusi, Paul A. Volcker, Charles E. Walker, David A. Wise, and Richard G. Woodbury.

The Laws of Ribbis: The Laws of Interest and Their Application to Everyday Life and Business


Yisroel Reisman - 1994
    That's all. Right? Wrong! Rabbis can mean many things, and its law can affect everyone from students to homemakers, including many practices that people have been taking for granted all their lives.

Work, Sister, Work: How Black Women Can Get Ahead in Today's Business Environment


Cydney Shields - 1994
    For more than six million working black women in America, the time is right for Work, Sister, Work. From middle managers to aspiring support staff to recent college graduates, career-oriented black women will benefit greatly from the tips, advice, quizzes, and checklists authors Cydney Shields and Leslie Shields present in their invaluable guide to navigating corporate culture. In addition to its inspiring and instructional essays from successful business women on attaining career goals, Work, Sister, Work offers a wide range of practical information, including: -The dos and don'ts of mentoring and networking -Dealing with racism in the workplace -The classic ways black women cope with career problems -How most promotions happen While the career path may seem like an uphill battle at times, Work, Sister, Work helps map the way so that the journey is ultimately fulfilling.

City Bankers, 1890 1914


Youssef Cassis - 1994
    Translated into English for the first time, it provides a detailed analysis of the banking community of London when the City was the undisputed financial center of the world. Attention is paid to the social origins, education careers, business interests and fortunes of its members, to the networks of relationships of its most important dynasties, as well as to the political influence of the world of banking.