Best of
Finance

1997

You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits


Joel Greenblatt - 1997
    And now, in this highly accessible guide, he’s going to show you how to do it, too. You’re about to discover investment opportunities that portfolio managers, business-school professors, and top investment experts regularly miss—uncharted areas where the individual investor has a huge advantage over the Wall Street wizards. Here is your personal treasure map to special situations in which big profits are possible, including: -Spin-offs -Restructurings -Merger Securities -Rights Offerings -Recapitalizations -Bankruptcies -Risk Arbitrage Prepared with the tools from this guide, it won’t be long until you’re a stock market genius!

The Warren Buffett Way: Investment Strategies of the World's Greatest Investor


Robert G. Hagstrom - 1997
    Buy it and read it." -Kenneth L. Fisher Forbes The runaway bestseller-updated with new material included for the first time! "The Warren Buffett Way outlines his career and presents examples of how his investment techniques and methods evolved and the important individuals in that process. It also details the key investment decisions that produced his unmatched record of performance." -from the Foreword by Peter S. Lynch Bestselling author, One Up on Wall Street and Beating the Street ." . . an extraordinarily useful account of the methods of an investor held by many to be the world's greatest." -The Wall Street Journal "Robert Hagstrom presents an in-depth examination of Warren Buffett's strategies, and the 'how and why' behind his selection of each of the major securities that have contributed to his remarkable record of success. His 'homespun' wisdom and philosophy are also part of this comprehensive, interesting, and readable book." -John C. Bogle Chairman, The Vanguard Group "It's first rate. Buffett gets a lot of attention for what he preaches, but nobody has described what he practices better than Hagstrom. Here is the lowdown on every major stock he ever bought and why he bought it. Fascinating. You could even try this at home." -John Rothchild Financial columnist Time magazine

Rich Dad, Poor Dad


Robert T. Kiyosaki - 1997
    The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.

Financial Peace: Restoring Financial Hope to You and Your Family


Dave Ramsey - 1997
    His practical regimen, first set forth by The Financial Peace Planner, which will be published by Penguin in January 1998. Loaded with inspirational insights that come from personal experience, this set of books is the most valuable purchase a debt-ridden reader can make.

The (Mis)Behavior of Markets


Benoît B. Mandelbrot - 1997
    Mandelbrot, one of the century's most influential mathematicians, is world-famous for making mathematical sense of a fact everybody knows but that geometers from Euclid on down had never assimilated: Clouds are not round, mountains are not cones, coastlines are not smooth. To these classic lines we can now add another example: Markets are not the safe bet your broker may claim. In his first book for a general audience, Mandelbrot, with co-author Richard L. Hudson, shows how the dominant way of thinking about the behavior of markets-a set of mathematical assumptions a century old and still learned by every MBA and financier in the world-simply does not work. As he did for the physical world in his classic The Fractal Geometry of Nature, Mandelbrot here uses fractal geometry to propose a new, more accurate way of describing market behavior. The complex gyrations of IBM's stock price and the dollar-euro exchange rate can now be reduced to straightforward formulae that yield a far better model of how risky they are. With his fractal tools, Mandelbrot has gotten to the bottom of how financial markets really work, and in doing so, he describes the volatile, dangerous (and strangely beautiful) properties that financial experts have never before accounted for. The result is no less than the foundation for a new science of finance.

The importance of the prohibition of riba in Islam (Ansari memorial series)


Imran N. Hosein - 1997
    

God's Plans for Your Finances


Dwight Nichols - 1997
    As a believer, you have a mission and calling to activate the power to produce wealth in order to help build God’s kingdom. Author Dwight Nichols explains the biblical view of money, practical steps to take in financial planning, and how to get out of debt. With these proven principles, you will discover how you can: Break the spirit of poverty in your lifeDouble your disposable incomeReceive God’s supernatural provisionProsper during hard economic timesSave on taxes and reduce insurance costsEnsure your children’s financial futureBuild a million-dollar retirement account You can move from debt to financial freedom, live a successful life, and make a positive contribution to society while spreading the Gospel. Start today to walk in God’s supernatural provision—and change the course of your life.

Wall Street: How It Works and for Whom


Doug Henwood - 1997
    The Wall Street which emerges is not a pretty sight. Hidden from public view, the markets are poorly regulated, badly managed, chronically myopic and often corrupt. And though, as Henwood reveals, their activity contributes almost nothing to the real economy where goods are made and jobs created, they nevertheless wield enormous power. With over a trillion dollars a day crossing the wires between the world's banks, Wall Street and its sister financial centers don't just influence government, effectively they are the government.

The Single Best Investment: Creating Wealth with Dividend Growth


Lowell Miller - 1997
    Citing statistics that show companies initiating and raising dividends at the fastest rate in 30 years, this analysis declares once-stodgy dividends to be "the next new thing" and provides simple rules for choosing the best stocks, using traditional evaluation tools, reinvesting dividends, comparing stocks and bonds, and building a portfolio. Technical aspects of the stock market are explained in the final pages that include two new chapters and revised statistics as well as academic studies, historic back-tests, examples of real-time performance, and a list of resources for further research.

The Complete Guide to Option Pricing Formulas


Espen Gaarder Haug - 1997
    The Second Edition contains a complete listing of virtually every pricing formula_ all presented in an easy-to-use dictionary format, with expert author commentary and ready-to-use programming code. The Second Edition of this classic guide now includes more than 60 new option models and formulas?extensive tables providing an overview of all formulas?new examples and applications?and an updated CD containing all pricing formulas, with VBA code and ready-to-use Excel spreadsheets. The volume also features several new chapters covering such things as: option sensitivities, discrete dividend, commodity options, and two chapters on numerical methods covering trees, finite difference and Monte Carlo Simulation. The new edition of The Complete Guide to Option Pricing Formulas offers quick access to: Options Pricing Overview Black-Scholes-Merton Black-Scholes-Merton Greeks Analytical Formulas for American Options Exotic Options Single Asset Exotic Options on Two Assets Black-Scholes-Merton Adjustments and Alternatives Trees and Finite Difference Methods Monte Carlo Simulation Options on Stocks that Pay Discrete Dividends Commodity and Energy Options Interest Rate Derivatives Volatility and Correlation Distributions Some Useful Formulas: Interpolation, Interest Rates, and Risk-Reward Measures This all-in-one options pricing guide contains a numerical example or a table with values for each option pricing formula. The book also includes a helpful glossary of notations, as well as an extensive bibliography of related books and articles.

Cost & Effect


Robert S. Kaplan - 1997
    Kaplan and Cooper reveal that most companies don't know how to measure accurately, influence, or understand the fundamental cost drivers in their businesses. They then provide a detailed and comprehensive blueprint that will enable managers to make better decisions and to promote organizational learning and improvement. Cost and Effect takes the management, finance, and accounting fields to an entirely new level, as the authors demonstrate how the principles of activity-based costing and other advanced cost management techniques, such as target and kaizen costing, can drive business performance. Using lively examples from a variety of leading companies worldwide--including Siemens, Hewlett-Packard, AT&T, the Swedish wire manufacturer Kanthal, Kirin Beer, and Procter & Gamble--they show how to create integrated, knowledge-based systems that provide meaningful information on current and past performance.The innovation systems described in Cost and Effect will help you: determine where improvements in quality, efficiency, and productivity will have the highest payoffs; assist front-line employees in their learning and improvement activities; make better product mix and capital investment decisions; negotiate more effectively on price, product features, quality, delivery, and service to promote win-win relationships with your customers; choose low-cost suppliers who are truly low cost, not just low price; design products and services that meet customers' expectations - and that can be produced and delivered at a profit; and, integrate your activity-based cost system into reporting and budgeting processes to reveal the sources of excess capacity. Everyone involved in running a business--from general managers and strategic planners to financial executives, IT professionals, and operations managers--must read this book to learn how innovative cost and performance measurement systems can enhance their organizational profitability and performance.

SISTER CEO-THE BLACK WOMAN'S GUIDE TO STARTING YOUR OWN BUSINESS


Cheryl D. Broussard - 1997
    "Sister CEO" arms the would-be entrepreneur with all the basics--from finding the right niche and overcoming emotional barriers to raising start-up funds, handling publicity, and learning salesmanship. You'll find profiles of other African-American women who've succeeded on their own terms, and scores of ideas for services and products that can be made or marketed out of the home. With your existing knowledge, a strategic plan, commitment, confidence, and above all, action, you can claim for yourself the job title "Sister CEO."

Technical Analysis and Stock Market Profits


Richard W. Schabacker - 1997
    His "pioneering research" represents one of the finest works ever produced on technical analysis, and this book remains an example of the highest order of analytical quality and incisive trading wisdom. Originally devised as a practical course for investors, it is as alive, vital and instructional today as the day it was written. It paved the way for Robert Edwards and John Magee's best-selling Technical Analysis of Stock Trends - a debt which is acknowledged in their foreword: 'Part One is based in large part on the pioneer researches and writings of the late Richard Schabacker.' Schabacker presents technical analysis as a totally organized subject and comprehensively lays out the various important patterns, formations, trends, support and resistance areas, and associated supporting technical detail. He presents factors that can be confidently relied on, and gives equal attention to the blemishes and weaknesses that can upset the best of analytical forecasts. Factors which investors would do well to absorb and apply when undertaking the fascinating game of price, time and volume analysis.

Makers and Takers: How Wealth and Progress Are Made and How They Are Taken Away or Prevented


Edmund Contoski - 1997
    It examines various forms of economic intervention (taxation, regulation, monetary policy) and their effects on consumer products and services, the health and lives of Americans, and the nation's economic well-being. The book also explores a broad range of environmental issues. Scientific subjects such as pollution, acid rain and global warming are explained in clear, nontechnical language -- and some surprising facts here discredit current government policies.

Microeconomics of Banking


Xavier Freixas - 1997
    The asymmetric information model, extremely powerful in many areas of economic theory, has proven useful in banking theory both for explaining the role of banks in the economy and for pointing out structural weaknesses in the banking sector that may justify government intervention. In the past, banking courses in most doctoral programs in economics, business, or finance focused either on management or monetary issues and their macroeconomic consequences; a microeconomic theory of banking did not exist because the Arrow-Debreu general equilibrium model of complete contingent markets (the standard reference at the time) was unable to explain the role of banks in the economy. This text provides students with a guide to the microeconomic theory of banking that has emerged since then, examining the main issues and offering the necessary tools for understanding how they have been modeled.This second edition covers the recent dramatic developments in academic research on the microeconomics of banking, with a focus on four important topics: the theory of two-sided markets and its implications for the payment card industry; "non-price competition" and its effect on the competition-stability tradeoff and the entry of new banks; the transmission of monetary policy and the effect on the functioning of the credit market of capital requirements for banks; and the theoretical foundations of banking regulation, which have been clarified, although recent developments in risk modeling have not yet led to a significant parallel development of economic modeling.Praise for the first edition: "The book is a major contribution to the literature on the theory of banking and intermediation. It brings together and synthesizes a broad range of material in an accessible way. I recommend it to all serious scholars and students of the subject. The authors are to be congratulated on a superb achievement."--Franklin Allen, Nippon Life Professor of Finance and Economics, Wharton School, University of Pennsylvania"This book provides the first comprehensive treatment of the microeconomics of banking. It gives an impressive synthesis of an enormous body of research developed over the last twenty years. It is clearly written and apleasure to read. What I found particularly useful is the great effort that Xavier Freixas and Jean-Charles Rochet have taken to systematically integrate the theory of financial intermediation into classical microeconomics and finance theory. This book is likely to become essential reading for all graduate students in economics, business, and finance."--Patrick Bolton, Barbara and David Zalaznick Professor of Business, Columbia University Graduate School of Business"The authors have provided an extremely thorough and up-to-date survey of microeconomic theories of financial intermediation. This work manages to be both rigorous and pleasant to read. Such a book was long overdue and shouldbe required reading for anybody interested in the economics of banking and finance."--Mathias Dewatripont, Professor of Economics, ECARES, Universit

Trading Secrets of the Inner Circle


Andrew Goodwin - 1997
    This is a collection of trading systems and techniques with specific entry and exit rules. TradeStation "TM" code is provided for most, and TradeStation "TM" users will have a field day working with this collection of original ideas.

The Mathematics of Personal Finance: Using a Calculator and Computer


E. Thomas Garman - 1997
    With a unique step-by-step learning format and algebraic expressions, the text clearly presents mathematical computations and examples that will assist the student in mastering financial concepts and formulas.

Trading with DiNapoli Levels: The Practical Application of Fibonacci Analysis to Investment Markets


Joe DiNapoli - 1997
    This method is fascinating and often amazingly accurate, and every technical trader should become conversant with its principles. DiNapoli teaches all the basics, as well as his own unique methods of applying Fibonacci to trading in multiple time frames.

Economics for Today


Irvin B. Tucker - 1997
    EconCentral equips learners with a portal to a wealth of resources that help them both study and apply economic concepts. As they read and study the chapters, students can access video tutorials, review with flash cards and a graphing tool as well as check their understanding of the chapter with interactive quizzing. All the study and application resources in EconCentral are organized by chapter to help your students get the most from our text.

The Revolution In Corporate Finance


Joel M. Stern - 1997
    Using articles from the highly regarded Journal of Applied Corporate Finance, it gives real insight into the practical implications of the most recent theoretical advances in the field.The completely revised and updated third edition retains a number of the key original articles and adds new pieces on the most important recent developments, including corporate governance, corporate restructuring, risk management, dividend policy, capital structure, and the economic consequences of high leverage and stock market pressures on corporate management and the role of corporate boards in the 1990s.

The 5 Day Momentum Method


Jeff Cooper - 1997
    Buy a stock today 2. Sell it for a solid profit in 5 days 3. Repeat this again and again for the rest of your life! Jeff Cooper's 5 Day Momentum Method Can Help You Do This In his first book, Hit & Run Trading, Jeff Cooper taught traders how he has made his living day-trading stocks over the past decade. The book is such a success that it is now back for its fifth printing in its first 18 months.Now, for the first time, Jeff Cooper releases the 5 Day Momentum Method -- his most powerful trading system for those traders who are looking for substantial 3 - 7 day gains. How The 5 Day Momentum Method Works: Rapidly moving momentum stocks always pause before resuming their trend. The 5 Day Momentum Method will teach you how to identify the exact day and price to enter these stocks before they explode again. You will usually risk only 1-2 points and your upside potential is 5 - 20 points, all within 5 days! Do I Have To Sit In Front Of A Screen All Day Watching My Stocks? Absolutely not! The best part of the 5 Day Momentum Method is that you do not have to watch your positions intra-day. Simply enter an order to buy or sell short, give your broker an order with your protective stop, and then go back to your daily routine. You can check prices each evening at your convenience. At the end of 5 days, simply take your profits (if your stop wasn't triggered) and go onto the next set-up. Among the features you will learn are: The specific, simple-to-follow rules to identify the fastest moving stocks.Where to exactly place your entry and exit orders.Where and how to take profits.Advanced trading techniques to maximize gains.Precise options strategies to leverage yourself to gains of 50% - 200% within days. ... and much, much more!