Best of
Finance

2013

Berkshire Hathaway Letters to Shareholders


Warren Buffett - 2013
    In addition to providing an astounding case study on Berkshire's success, Buffett shows an incredible willingness to share his methods and act as a teacher to his many students.

Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market


Mark Minervini - 2013
    -- JACK SCHWAGER, bestselling author of Stock Market WizardsMark's book has to be on every investor's bookshelf. It is about the most comprehensive work I have ever read on investing in growth stocks. -- DAVID RYAN, three-time U.S. Investing Champion[Minervini is] one of the most highly respected independent traders of our generation. His experience and past history of savvy market calls is legendary. -- CHARLES KIRK, The Kirk ReportOne of Wall Street's most remarkable success stories. -- BEN POWER, Your Trading EdgeTHE INVESTOR'S GUIDE TO SUPERPERFORMANCE! Dramatically increase your stock market returns with the legendary SEPA system!For the first time ever, U.S. Investing Champion Mark Minervini reveals the proven, time-tested trading system he used to achieve triple-digit returns for five consecutive years, averaging 220% per year for a 33,500% compounded total return.In Trade Like a Stock Market Wizard, Minervini unveils his trademarked stock market method SEPA, which provides outsized returns in virtually every market by combining careful risk management, self-analysis, and perseverance. He explains in detail how to select precise entry points and preserve capital--for consistent triple- digit returns.Whether you're just getting started in the stock market or you're a seasoned pro, Minervini will show how you how to achieve SUPERPERFORMANCE! You'll gain valuable knowledge as he shares lessons, trading truths, and specific tactics--all derived from his 30-year career as one of America's most successful stock traders.Trade Like a Stock Market Wizard teaches you:How to find the best stocks before they make big price gainsHow to avoid costly mistakes made by most investorsHow to manage losses and protect profitsHow to avoid high-risk situationsPrecisely when to buy and when to sellHow to buy an IPOWhy traditional valuation doesn't work for fast-growing SuperperformersExamples of Minervini's personal trades with his commentsWith more than 160 chart examples and numerous case studies proving the remarkable effectiveness of Minervini's methodology, Trade Like a Stock Market Wizard puts in your hands one of the most effective and--until now--secretive stock investing systems in the world.MARK MINERVINI has a trademarked stock market method that produces outsized returns in virtually every market. It's called Specific Entry Point Analysis--SEPA--and it has been proven effective for selecting precise entry points, preserving capital and profi ts with even more precise exit points--and consistently producing triple-digit returns.Now, in Trade Like a Stock Market Wizard, Minervini shares--for the fi rst time ever--his coveted methodology with investors like you!

The Legacy Journey: A Radical View of Biblical Wealth and Generosity


Dave Ramsey - 2013
    Worse, there's a growing backlash in America against our most successful neighbors, but why? To many, wealth is seen as the natural result of hard work and wise money management. To others, wealth is viewed as the ultimate, inexcusable sin. This has left a lot of godly men and women honestly confused about what to do with the resources God's put in their hands. God's ways of handling money caused them to build wealth, but then they're left feeling guilty about it. Is this what God had in mind?In "The Legacy Journey," "New York Times "bestselling author Dave Ramsey takes you deep into God's Word, revealing His perspective on wealth, your personal and family legacy, and how He wants to use you to further His kingdom work around the world. You can truly live--and leave--a legacy. The journey starts today.

The Richest Man in Babylon -- Six Laws of Wealth


Charles Conrad - 2013
    

Financial Fitness: The Offense, Defense, and Playing Field of Personal Finance


Chris Brady - 2013
    While prescriptions and advice about one's money are as available and varied as diet plans for once's physical health, financial fitness appears to be as rare a thing as 3% body fat and proper cholesterol. But it doesn't have to be that way.The principles of financial fitness are available for everyone. Just as with diets for physical health and fitness, where fanaticism and extremism are not only suspect but are unsustainable, so too with financial fitness. What works best is knowledge and application of basic principles. Learning and applying these principles, over time, can produce incredible results, and, perhaps surprisingly, can also be a lot of fun.What is required is an understanding of the principles behind the Offense, Defense, and Playing Field of personal finance. With a basic understanding of these three areas, which are rarely taught together as a whole, anyone can learn to prosper, conserve, and multiply the fruits of his or her labor.

The Billionaire's Apprentice: The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund


Anita Raghavan - 2013
    Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks. Until now...The collapse of the Galleon Group--a hedge fund that managed more than $7 billion in assets--from criminal charges of insider trading was a sensational case that pitted prosecutor Preet Bharara, himself the son of Indian immigrants, against the best and brightest of the South Asian business community. At the center of the case was self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking allegation was that the éminence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nose-to-the-grindstone rise to head up McKinsey & Co and a position on the Goldman Sachs board, men like Rajaratnam would have never made it to the top of America's moneyed elite.Author Anita Raghavan criss-crosses the globe from Wall Street boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture--an incredible tale of triumph, temptation and tragedy.

A Complete Guide To Volume Price Analysis


Anna Coulling - 2013
    For them, it was the ticker tape, for us it is the trading screen. The results are the same and can be for you too.You can be lucky tooI make no bones about the fact I believe I was lucky in starting my own trading journey using volume. To me it just made sense. The logic was inescapable. And for me, the most powerful reason is very simple. Volume is a rare commodity in trading - a leading indicator. The second and only other leading indicator is price. Everything else is lagged. It's a simple problemAs traders, investors or speculators, all we are trying to do is to forecast where the market is heading next. Is there any better way than to use the only two leading indicators we have at our disposal, namely volume and price?And such a powerful solutionIn isolation, each tells us very little. After all, volume is just that, no more no less. A price is a price. However, combine these two forces together, and the result is a powerful analytical approach to forecasting market direction with confidence.What you will discoverThis book will teach you all you need to know from first principles. So whether you're a day trader or longer-term investor in any market, instrument or timeframe, this book is the perfect platform to set you on the road to success and join those iconic traders of the past. All you need to succeed is a chart with volume and price...simple.

Property Investment for Beginners


Rob Dix - 2013
    But where do you start?Do you invest near where you live, or wherever yields are best? Do you rent to families, or professionals, or students? Should you be trawling through Rightmove or lurking at property auctions?This short book covers the big questions you should be asking yourself before you so much as glance at an estate agent's window. It contains a jargon-free explanation of basic investment principles, summaries of the major post-crunch investment strategies, and advice on developing a mindset that will support your long-term success.You'll learn...- How to pick an investment strategy that matches your skills and goals- The only three calculations you need to know to size up any deal- An overview of every major investment approach, from the most boring to the probably-not-a-good-idea-but-here-you-go-anyway- How to (safely and sustainably) stretch a limited pot of cash to build whatever size portfolio you want...although you will need to endure some pretty shocking jokes along the way. Sorry about that.

The Wealth Choice: Success Secrets of Black Millionaires


Dennis Kimbro - 2013
    Dennis Kimbro, observing how the weight of the continuing housing and credit crises disproportionately impacts the African-American community, takes a sharp look at a carefully cultivated group of individuals who’ve scaled the heights of success and how others can emulate them. Based on a seven year study of 1,000 of the wealthiest African Americans, The Wealth Choice offers a trove of sound and surprising advice about climbing the economic ladder, even when the odds seem stacked against you. Readers will learn about how business leaders, entrepreneurs, and celebrities like Bob Johnson, Spike Lee, L. A. Reid, Herman Cain, T. D. Jakes and Tyrese Gibson found their paths to wealth; what they did or didn’t learn about money early on; what they had to sacrifice to get to the top; and the role of discipline in managing their success. Through these stories, which include men and women at every stage of life and in every industry, Dennis Kimbro shows readers how to:·         Develop a wealth-generating mindset and habits·         Commit to lifelong learning·         Craft goals that match your passion·         Make short-term sacrifices for long-term gain·         Take calculated risks when opportunity presents itself

Loopholes of Real Estate


Garrett Sutton - 2013
    Clearly written, The Loopholes of Real Estate shows you how to open tax loopholes for your benefit and close legal loopholes for your protection.

After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead


Alan S. Blinder - 2013
    financial system, which had grown far too complex for its own good-and too unregulated for the public good-experienced a perfect storm beginning in 2007. When America's financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected-and fragile-the global financial system is. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government's actions, particularly the Fed's, were previously unimaginable. And to an amazing-and certainly misunderstood-extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen here again.

Winning the Game of Stocks!


Adam Khoo - 2013
    However, we live in an economic era when making money is no longer as easy as investing in good stocks and mutual funds and watching them appreciate over time. Today’s volatile and interconnected financial system means that the stocks you own can come crashing down today and climb even higher tomorrow due to developments in Europe and the Middle East. Yet, investing in the stock market still provides one of the best returns for your savings and the only way through which an average income earner can hope to become financially free. This is why it is important for you to become a savvy investor who knows how to achieve consistent profits —even in an uncertain global economy.In this book, you are going to learn to…• Invest in Winning Stocks That Generate High Double-Digit Returns• Identify Market Uptrends and Downtrends Accurately• Hedge and Protect Your Portfolio from Market Crashes• Short Sell and Profit in a Down-trending Market• Manage Your Risks and Maximize Your Returns• Develop the Psychology of a Disciplined Investor• Build a Winning Portfolio That Suits Your Investment Goals• Build a Passive Income Stream from Real Estate Investment Trusts• Build a Multi-Million Dollar Net Worth on an Average Income

The Warren Buffett Way Workbook


Robert G. Hagstrom - 2013
    The Workbook follows "The Warren Buffett Way, 3e," providing a combination of multiple choice and essay questions for each chapter in the core book. Given the depth and range of questions, a reader who masters the material in the Workbook will be equipped with the knowledge to begin to apply Buffett's methods to his/her own investment portfolio. All answers are provided in the Workbook, including answers to the essay questions. The perfect accompaniment to "The Warren Buffett Way, 3e" and "The Warren Buffett Way Video""Course," the Workbook will provide readers with a sure path to begin investing just like Warren Buffett.

Investing Demystified: How to Invest Without Speculation and Sleepless Nights


Lars Kroijer - 2013
    By showing you how to build a simple and rational portfolio and tailor it to your specific needs, "Investing Demystified "will help you generate superior returns.With his straightforward and jargon-free advice, Lars Kroijer simplies the often complex world of finance and tells you everything you need to know and everything that you don t need to worry about in order to make the most from your investments.In "Investing Demystified "you will: Discover the mix of stocks, bonds and cash needed for a top performing portfolio Learn why the most broadly diversi_ ed and simplest portfolio makes the most sense Understand the right level of risk for you and how this affects your investments Find out why a low cost approach will yield bene_ ts whilst leaving you with a higher quality portfolio Understand the implications of tax and liquidity"

How to Retire Early: Your Guide to Getting Rich Slowly and Retiring on Less


Robert Charlton - 2013
    We retired from full-time work at the age of 43 and have been living the good life ever since – and by good life we mean a life rich with travel and adventure rather than luxury and extravagance. In this book we share with you the roadmap we followed to get from full-time work to financial independence in less than 15 years. If we can do it, so can you! What makes this book different from all the other books out there on early retirement? We think it's the amount of personal financial detail we provide. We don’t hold back! You can use this information as a kind of financial yardstick to measure what you can achieve in your own life. If we can empower you to stop dreaming and start planning, to stop wishing and start willing your early retirement into existence, we’ll have done what we set out to do in this book.

Bachelor Pad Economics


Aaron Clarey - 2013
    From dating, to what to major in, to purchasing a home, to starting a business, to children and “wife training,” Bachelor Pad Economics is the wisdom you wish the father-you-never-had gave you. Written FOR GUYS it is candid, blunt, honest and everything else Oprah isn’t, and will give you the road map you need to provide direction and purpose in your life.Guaranteed to prove more useful than a college degree, Bachelor Pad Economics is WELL worth the money to buy and the time to read.

From the Rat Race to Financial Freedom


Manoj Arora - 2013
    It does not matter how much you earn, what matters is how much you can save and invest wisely. The secret to financial freedom is learning the basic concepts of planning well and adopting the right attitude. But how does one achieve this?Everyone around us is trapped in a mindless rat race. If you’ve resolved to take control of your finances and construct a personal finance plan, From the Rat Race to Financial Freedom is a good starting point. About The AuthorManoj Arora, an engineer by profession, is a gold medalist from Aligarh Muslim University. Having worked for Fortune 500 organizations across the globe, including IBM, he has also worked for leading Indian companies such as L&T and TCS.

The Manual of Ideas: The Proven Framework for Finding the Best Value Investments


John Mihaljevic - 2013
    Written by that publication's managing editor and inspired by its mission to serve as an "idea funnel" for the world's top money managers, this book introduces you to a proven, proprietary framework for finding, researching, analyzing, and implementing the best value investing opportunities. The next best thing to taking a peek under the hoods of some of the most prodigious brains in the business, it gives you uniquely direct access to the thought processes and investment strategies of such super value investors as Warren Buffett, Seth Klarman, Glenn Greenberg, Guy Spier and Joel Greenblatt.Written by the team behind one of the most read and talked-about sources of research and value investing ideas Reviews more than twenty pre-qualified investment ideas and provides an original ranking methodology to help you zero-in on the three to five most compelling investments Delivers a finely-tuned, proprietary investment framework, previously available only to an elite group of TMI subscribers Step-by-step, it walks you through a proven, rigorous approach to finding, researching, analyzing, and implementing worthy ideas

The Finance Curse: How Global Finance Is Making Us All Poorer


Nicholas Shaxson - 2013
    He then gained prominence as an expert on tax havens, revealing the dark corners of that world long before the scandals of the Panama and Paradise Papers. Now, in The Finance Curse, revised with chapters exclusive to this American edition, he takes us on a terrifying journey through the world economy, exposing tax havens, monopolists, megabanks, private equity firms, Eurobond traders, lobbyists, and a menagerie of scoundrels quietly financializing our entire society, hurting both business and individuals. Shaxson shows we got here, telling the story of how finance re-engineered the global economic order in the last half-century, with the aim not of creating wealth but extracting it from the underlying economy. Under the twin gospels of "national competitiveness" and "shareholder value," megabanks and financialized corporations have provoked a race to the bottom between states to provide the most subsidized environment for big business, have encouraged a brain drain into finance, and have fostered instability, inequality, and turned a blind eye to the spoils of organized crime. From Ireland to Iowa, Shaxson shows the insidious effects of financialization on our politics and on communities who were promised paradise but got poverty wages instead.We need a strong financial system--but when it grows too big it becomes a monster. The Finance Curse is the explosive story of how finance got a stranglehold on society, and reveals how we might release ourselves from its grasp.

Deep Risk: How History Informs Portfolio Design


William J. Bernstein - 2013
    this series is not for novices. This booklet takes portfolio design beyond the familiar "black box" mean-variance framework. Most importantly, the short-term volatility of financial assets, commonly measured as standard deviation, is a highly imperfect measure of the actual long-horizon perils faced by real-world investors subject to the vagaries of financial and military history. These risks have names-inflation, deflation, confiscation, and devastation-and any useful discussion of portfolio design of necessity incorporates their probabilities, consequences, and costs of mitigation. You're an investment adult, so you know that the future efficient frontier lies well beyond our ken; presumably you already know all about the mechanics, long-term benefits, as well as the uncertainties, of wide diversification and factor tilt using low-cost, efficient vehicles and the risk/reward spectrum between all-fixed- income and all-equity portfolios. This booklet contains no magic formula for the "perfect portfolio," but rather, with luck, a framework within which to think more clearly about risk.

Become Your Own Financial Advisor: The real secrets to becoming financially independent


Warren Ingram - 2013
    This highly accessible book is aimed at anyone who wants to improve their financial situation, from the financial novice who needs clear basic guidelines on how to deal with money to those who are more financially savvy but want to supplement their knowledge. Covering a range of topics, from saving, investing, debt management, buying a house to blunders to avoid, Become Your Own Financial Advisor provides people of all ages and levels of wealth with practical information on how to improve their finances. And, in the process, proves that financial freedom is possible for everyone.

The Federal Reserve and the Financial Crisis


Ben S. Bernanke - 2013
    Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role of the Federal Reserve in the economy. In this unusual event, Bernanke revealed important background and insights into the central bank's crucial actions during the worst financial crisis since the Great Depression. Taken directly from these historic talks, The Federal Reserve and the Financial Crisis offers insight into the guiding principles behind the Fed's activities and the lessons to be learned from its handling of recent economic challenges.Bernanke traces the origins of the Federal Reserve, from its inception in 1914 through the Second World War, and he looks at the Fed post-1945, when it began operating independently from other governmental departments such as the Treasury. During this time the Fed grappled with episodes of high inflation, finally tamed by then-chairman Paul Volcker. Bernanke also explores the period under his predecessor, Alan Greenspan, known as the Great Moderation. Bernanke then delves into the Fed's reaction to the recent financial crisis, focusing on the central bank's role as the lender of last resort and discussing efforts that injected liquidity into the banking system. Bernanke points out that monetary policies alone cannot revive the economy, and he describes ongoing structural and regulatory problems that need to be addressed.Providing first-hand knowledge of how problems in the financial system were handled, The Federal Reserve and the Financial Crisis will long be studied by those interested in this critical moment in history.

The Abundance Formula


Bo Sánchez - 2013
    

The Alchemists: Three Central Bankers and a World on Fire


Neil Irwin - 2013
    They were the leaders of the world’s three most important central banks: Ben Bernanke of the U.S. Federal Reserve, Mervyn King of the Bank of England, and Jean-Claude Trichet of the European Central Bank. Over the next five years, they and their fellow central bankers deployed trillions of dollars, pounds and euros to contain the waves of panic that threatened to bring down the global financial system, moving on a scale and with a speed that had no precedent. Neil Irwin’s The Alchemists is a gripping account of the most intense exercise in economic crisis management we’ve ever seen, a poker game in which the stakes have run into the trillions of dollars. The book begins in, of all places, Stockholm, Sweden, in the seventeenth century, where central banking had its rocky birth, and then progresses through a brisk but dazzling tutorial on how the central banker came to exert such vast influence over our world, from its troubled beginnings to the Age of Greenspan, bringing the reader into the present with a marvelous handle on how these figures and institutions became what they are – the possessors of extraordinary power over our collective fate.  What they chose to do with those powers is the heart of the story Irwin tells. Irwin covered the Fed and other central banks from the earliest days of the crisis for the Washington Post, enjoying privileged access to leading central bankers and people close to them. His account, based on reporting that took place in 27 cities in 11 countries, is the holistic, truly global story of the central bankers’ role in the world economy we have been missing.  It is a landmark reckoning with central bankers and their power, with the great financial crisis of our time, and with the history of the relationship between capitalism and the state. Definitive, revelatory, and riveting, The Alchemists shows us where money comes from—and where it may well be going.

Control Your Retirement Destiny: Achieving Financial Security Before The Big Transition


Dana Anspach - 2013
    While never easy, retirement investing from your 20s through your early 50s has been straightforward. But once you hit your mid-50s and beyond, you need a different kind of plan to align investments, retirement accounts, taxes, Social Security, and pension decisions, all with a single objective: providing reliable, life-long income. In this book, nationally known retirement expert Dana Anspach explains how each part works, how one decision affects another, and how to focus on the things you can control (like managing taxes and risk) rather than on those you can't control (such as inflation or investment returns). When you put it all together in a plan that works for you, you'll have more choices and a greater sense of security about the financial decisions you are making. A transition into retirement can be scary. Control Your Retirement Destiny equips you with the knowledge you'll need to avoid big mistakes while optimizing the flow of funds to support the retirement you've always dreamed of. This book: • Covers all the major topics in retirement planning - investments, Social Security, annuities, taxes, healthcare, part-time work, and more • Provides examples of how planning decisions can result in a more secure outcome when they are coordinated • Helps couples coordinate their retirement incomes to maximize benefits - Shows how to create a plan to enable the life you'd like to live after ending full-time employment • Explains how to work with advisors (and how to find the best ones) if you'd rather not plan your own finances Control Your Retirement Destiny: Achieving Financial Security Before the Big Transition is for those who are beginning to think about when and how they might transition out of regular, full-time work. It will enable you to take charge of your financial future right now to ensure a happy, secure retirement.

Investment Banking Valuation Models


Joshua Rosenbaum - 2013
    Each model comes complete with a user's guide.The models includeComparable Companies AnalysisPrecedent Transactions AnalysisDiscounted Cash Flow AnalysisLeverage Buyout AnalysisNEW! M&A Model

Easy Money: Evolution of Money from Robinson Crusoe to the First World War


Vivek Kaul - 2013
    Books on the current financial crisis which started in late 2008 are a tad like that. Until now they have tended to deal with certain aspects of the crisis without looking at the bigger picture of what really went wrong. That bigger picture of the ongoing financial crisis has now started to evolve. Easy Money captures this big picture. The history of money and the financial system as it has evolved over the centuries stand at the heart of this endeavor. It explores the idea that the evolution of money over centuries has led to an easy money policy being followed by governments and central banks across the world, which in turn has fueled humongous Ponzi schemes, which have now started to unravel, bringing the whole world on the brink of a financial disaster. The book also explains how the lessons of the financial crisis have still not been learned, and in trying to deal with it, governments across the world are making the same mistakes which led to the current crisis in the first place.

Financial Modeling and Valuation: A Practical Guide to Investment Banking and Private Equity


Paul Pignataro - 2013
    Built around a full-length case study of Wal-Mart, it shows you how to perform an in-depth analysis of that company's financial standing, walking you through all the steps of developing a sophisticated financial model as done by professional Wall Street analysts. You will construct a full scale financial model and valuation step-by-step as you page through the book. When we ran this analysis in January of 2012, we estimated the stock was undervalued. Since the first run of the analysis, the stock has increased 35 percent. Re-evaluating Wal-Mart 9months later, we will step through the techniques utilized by Wall Street analysts to build models on and properly value business entities.Step-by-step financial modeling - taught using downloadable Wall Street models, you will construct the model step by step as you page through the book. Hot keys and explicit Excel instructions aid even the novice excel modeler. Model built complete with Income Statement, Cash Flow Statement, Balance Sheet, Balance Sheet Balancing Techniques, Depreciation Schedule (complete with accelerating depreciation and deferring taxes), working capital schedule, debt schedule, handling circular references, and automatic debt pay downs. Illustrative concepts including detailing model flows help aid in conceptual understanding. Concepts are reiterated and honed, perfect for a novice yet detailed enough for a professional. Model built direct from Wal-Mart public filings, searching through notes, performing research, and illustrating techniques to formulate projections. Includes in-depth coverage of valuation techniques commonly used by Wall Street professionals. Illustrative comparable company analyses - built the right way, direct from historical financials, calculating LTM (Last Twelve Month) data, calendarization, and properly smoothing EBITDA and Net Income. Precedent transactions analysis - detailing how to extract proper metrics from relevant proxy statements Discounted cash flow analysis - simplifying and illustrating how a DCF is utilized, how unlevered free cash flow is derived, and the meaning of weighted average cost of capital (WACC) Step-by-step we will come up with a valuation on Wal-Mart Chapter end questions, practice models, additional case studies and common interview questions (found in the companion website) help solidify the techniques honed in the book; ideal for universities or business students looking to break into the investment banking field.

The Self Directed IRA Handbook: An Authoritative Guide for Self Directed IRA Investors and Their Advisors


Mat Sorensen - 2013
    

How to be Your Own Financial Planner in 10 Steps: Master Your Financial Life (JagoInvestor, #2)


Manish Chauhan - 2013
    The book has the ability to guide you on how to plan the 10 most important areas of your financial life. There are two types of investors in India: those who plan their financial life and those who plan nothing and just let their financial live move with the flow. The second group is extremely large, and this book is targeted at this group.Many investors who are DIY (Do It Yourself) investors can use this book to plan their financial life and be their own financial planners at some basic level. The book has the 3 elements of education, planning and action items all packed into one. Written for the common person, in simple language, the book deals with the most important financial worries and questions. Manish Chauhan's first book, 16 Personal Finance Principles Every Investor Should Know was a great hit and well received by readers. The previous book taught investors the basics of personal finance. This book is a natural progression of that concept where you focus on actions and completing things in your financial life. The book is free from technical jargon yet has strong content, which is currently missing in the personal finance space. Grab your copy right now and give a new power to your financial life.

The Little Book of Common Sense Investing


[ MEI ] YUE HAN BO GE - 2013
    

Buying a Home: Don't Let Them Make a Monkey Out of You!


Alysse Musgrave - 2013
    Learn how to buy a house without getting ripped off! Alysse Musgrave, the owner of one of the country’s oldest and most successful Exclusive Buyer Agencies, shows you how to avoid the financial traps and pitfalls that the real estate and mortgage industries have set for you. In Buying a Home: Don’t Let Them Make a Monkey Out of You, you will learn, in a clear and concise way: • How to analyze floor plans • The trick to buying a home with great resale potential • The truth about real estate agents • How to fire your agent • All about FSBO’s, foreclosures, new construction and MLS listed homes • What to look for when touring homes • The four most common negotiating strategies sellers use when responding to buyer offers • The one thing more important to a seller than price • How to write an offer that protects you • What repairs to request from the seller • How to force your loan officer to give you accurate pricing information and avoid a bait and switch at the closing table • Homeowner scams • All about mortgages, home warranties, homeowner’s insurance, title insurance, and much more. In a real estate transaction the buyer assumes all of the risk. The seller walks away from the property and is free of any obligation or responsibility. The buyer pays for inspections, appraisals, closing costs, and ends up with the house and a mortgage. At best, buying a home is a complicated process. At worst, it can be an emotional and financial nightmare. Not only do you have to find a house that you love, you have to verify its condition, negotiate a good price, figure out how to pay for it, insure it, move in, all the while ensuring you are buying a home that you will be able to resell for a profit when the time comes. The list of things to consider is seemingly endless. The sensible information you’ll find in this book is unlike anything you have read online or in any other real estate book. Buying a home is a complicated process, and this book simplifies it. You will learn how to make smart choices when you purchase your next home, and how to recognize fraud when you see it! Don’t let them make a monkey out of you!

Money People Deal: The Fastest Way to Real Estate Wealth


Stefan Aarnio - 2013
    Great entrepreneurs like Steve Jobs, Henry Ford and Donald Trump have all understood very clearly how to assemble Money, People and Deals together. The intellectual value that these men brought to their ventures was so great that they built their businesses by using none of their own money; this is the skill of the entrepreneur and the fastest way to wealth. Stefan Aarnio is one of Canada's leading up and coming Real Estate Entrepreneurs and the 2012 winner of Canadian Real Estate Wealth Magazine's "Joint Venture Partner of the Year". Starting with only $1200, Stefan has built a multi million dollar portfolio for his partners and has earned himself a spot on The Self Made List. Stefan has accumulated properties at an alarming pace through his understanding of Real Estate Joint Ventures - The Fastest Way to Real Estate Wealth. Stefan's philosophy is simple, find great deals, build a fantastic team, pay everybody and create partnerships for life. In his book, Money People Deal, Stefan reveals the secrets he used to build his multi million dollar portfolio by using none of his own money.

Stock Smarts: Stock Investing Made Easy


Marvin Germo - 2013
    The heart of Stock Smarts is to break it down to its simplest form and inspire employees, professionals and business people to participate and make money in the market.This book is to encourage every Filipino to profit from stocks and forge their way to financial freedom.

The Old Money Book


Byron Tully - 2013
    This entertaining and informative work reveals for the first time the Core Values that shape the discreet--but truly affluent--Old Money way of life. Author Byron Tully then details How Old Money Does It, offering time-tested advice on everything from clothes and cars to finances and furnishings. Whether you're just starting out or starting over, The Old Money Book shows you how you really can Live Better While Spending Less.This instant classic has now been updated and expanded. With the original text included, the author has now added insights and information to help you navigate this post pandemic economy, revealing vital, timely strategies and tips on how to make the most of your money and your life.Also included are must-read excerpts from Byron's other popular books, including The Old Money Guide To Marriage, Old Money New Woman, and Old Money Style, as well as many of his most popular and inspiring blog posts from The Old Money Book blog.With over 300 4-star Amazon reader reviews for the original Old Money Book, this is definitely a book to devour for its timely information and savor for its timeless wisdom.

Predictable and Avoidable: Repairing Economic Dislocation and Preventing the Recurrence of Crisis. by Ivo Pezzuto


Ivo Pezzuto - 2013
    Professor Ivo Pezzuto is described by business scholars as an expert on the global financial crisis. He has lectured about it at conferences and seminars; written some of the most read and quoted papers; contributed to what is considered the most authoritative book on the subject; and to one of the best known US-based blogs dealing with it. In Predictable and Avoidable, Dr Pezzuto offers business school students; academics; and industry experts in the fields of finance, risk management, audit, corporate governance, economics, and regulation, a truly independent and unbiased analysis of the financial crises starting in 2007 and one of the first fully considered expositions of the financial, governance and regulatory reforms needed for the future. Augmented with personal interviews involving selected global thought leaders and industry experts, the author's narrative focuses on the technical issues that led to the global crisis, but also addresses the human, cultural, and ethical aspects of the events from both sociological and managerial perspectives. The book exposes the root causes and contributes significantly to the debate about the change needed in the banking and finance industries and to supervisory frameworks and regulatory mechanisms. This analysis enables readers to understand that the crisis we have seen was predictable and should have been avoidable, and that a recurrence can be avoided, if lessons are learned and the right action taken.

True Riches


Jeff Lestz - 2013
    Every page of this book carries insights which can help you bring about real transformation in your finances - practical, easy to follow guidelines on how you can actually find true riches and peace - God's way.

Strangers in Paradise: How Families Adapt to Wealth Across Generations


James Grubman - 2013
    Born and raised in modest economic circumstances, they find themselves as adults in the wonderful but unfamiliar world of wealth, like immigrants to a new land. Their adjustment is often harder than they anticipate. Yet awaiting wealth's newcomers is an even more daunting task: how to raise children and grandchildren successfully in the family's new world of affluence. Written by a prominent wealth psychologist, Strangers in Paradise takes an innovative approach to the challenges facing wealth's "immigrants and natives." Combining clear reasoning with real-world stories, Strangers in Paradise outlines for the first time how the key process for families of wealth - like all immigrant families - is adaptation.

Common Sense


Art Williams - 2013
    Using simple terms and 10 main principles, Art Williams shows how everyone can attain financial freedom.

Rich for Life: Secrets of Those Who Stayed Rich for Life and How You Can be One


Dennis Sy - 2013
    In this book, Pastor Dennis Sy will show you -How to take control of your money and not money take control of you.-How to pay off your debt.-How God can richly provide for your needs.-How to be rich for life without trying really hard.-How to release God’s abundant provision for you in spite of your limited income.-How your church can move in radical generosity.-How God’s grace can transform your financial life.Filled with stories of people who have practiced the principles shared in this book will inspire you on your own journey to becoming rich for life!!!

How to get rich and retire early


Raja Sekharan - 2013
    Filled with practical tips, this book will change the way you think about money. It will help you to leave the rat race early so that you can do the things that you always wanted to do.About the AuthorRaja Sekharan retired from corporate life in his 40's and is following his dreams - he now spends 10 hours a week teaching in a top MBA institute in Bangalore. He teaches Wealth Management to aspiring wealth managers in the institute. Prior to retiring from active corporate life, Raj was Senior Vice President (HR) in a large US based IT multinational. Raj is an MBA from XLRI and a B.Tech in Chemical Engineering from CIT, Coimbatore.

Confessions of a CPA: The Truth About Life Insurance


Bryan S. Bloom - 2013
    If you carefully read and absorb the financial principles of life insurance uncovered in this book, you will understand as well. There is a finite amount of knowledge that humans know about the universe. All of this known information falls into three categories: First, there is a certain amount of information that we know and that we are aware that we know. We could say that we are “consciously competent” of this information. Second, there is a large amount of information that we know nothing about. We know that there are certain fields or concepts "out there," but we really don't know anything about them. We might say that we are “consciously incompetent” of this information. The third category of knowledge represents information we don't know, and we’re not even aware that we don't know it. We are "unconsciously incompetent" in these areas. It doesn't mean that the information doesn't exist; it just means that we are currently unaware of its existence. As a result, this information currently sits in our "blind spots." Just like in our cars, there are some things we don’t see that others do. But if we just turn our head 20 degrees, we will see things we have never seen before. This book will help you to turn your head 20 degrees and to discover something wonderful that you have never seen before. Victor Hugo (author of Les Misérables) once said: “all the forces in the world are not so powerful as an idea whose time has come.”

16 Personal Finance Principles Every Investor Should Know (JagoInvestor, #1)


Manish Chauhan - 2013
    With the help of simple stories and parables, it changes your perception of money management from a complex chore that only financial wizards can master to a simple, commonsense exercise that you can easily undertake.Every chapter in this book is based on personal finance principles, which when applied can make your financial life full of power, freedom and abundance. It is not written to engage a discerning reader or show-case the authors knowledge; this book is written to help you take action in your financial life.16 Personal Finance Principles Every Investor Should Know is a veritable manual or guide on how to live an extraordinary financial life. It will show you exactly how to change your relationship with money and make your financial life simple; it will help you to understand the guiding principles of personal finance and bring about a change in your financial situation; it will guide you towards making your financial life more organized.In a nutshell, it will help you shift gears and start on an exciting journey of wealth creation the only plea that runs through the book is that you must take action!

Financial Faithfulness: Unlocking Scripture to Avoid the Distraction of Money


Roger Gum - 2013
    Regardless of how much or little we have, issues of money threaten to sidetrack us. If we have a lot of money, we fear losing what we possess. We are tempted to put our hope in our wealth instead of God. If we don't have so much, we stress about not having enough to provide for our families and are often consumed with the desire for more.Financial Faithfulness seeks to change your view of money by showing you how to use it in God's best interest. When it comes to managing money, this question is crucial: What is required from me to be a faithful steward?As you begin to see riches from a biblical perspective, you can experience the financial freedom and peace of mind that everyone desires, but few find.Free study guides and other resources available at www.FinFaith.com

Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order )


Joe Peta - 2013
    Trading Bases explains how he did it. After the fall of Lehman Brothers, Joe Peta was out of a job. He found a new one but lost that, too, when an ambulance mowed him down. In search of a way to cheer himself up while he recuperated in a wheelchair, Peta started watching baseball again, as he had growing up. That’s when inspiration hit: Why not apply his outstanding risk-analysis skills to improve on sabermetrics, the method made famous by Moneyball—and beat the only market in town, the Vegas betting line? Why not treat MLB like the S&P 500? In Trading Bases, Peta shows how to subtract luck—in particular “cluster luck,” as he puts it—from a team’s statistics to best predict how it will perform in the next game and over the whole season. His baseball “hedge fund” returned an astounding 41 percent in 2011—and has never been down more than 5 percent. Peta takes readers to the ballpark in San Francisco, trading floors and baseball bars in New York, and sports books in Vegas, all while tracing the progress of his wagers. Often humorous, occasionally touching, and with a wink toward the sheer implausibility of the whole project, Trading Bases is all about the love of critical reasoning, trading cultures, risk management, and baseball. And not necessarily in that order.

Raghuram Rajan: India's New Central Banker


Raghuram G. Rajan - 2013
    Read this exclusive collection of his Project Syndicate commentaries on fiscal stimulus, financial regulation, economic growth in emerging markets, and much more.

Bouncing Back: The Life of Bill Bartmann


Bill Bartmann - 2013
    He teaches people how to knockout the negatives in their lives." — Muhammad Ali"Bill Bartmann is a good steward! He knows he has been given a special gift and he shares it with everyone he touches. He has made a profound positive difference in the lives of so many." — Mother Teresa"Bill Bartmann survived failure, remade one of the country's ugliest industries, and became a billionaire." — Inc. Magazine"Bartmann is a quintessentially American figure. Perhaps that is because he is fundamentally a pioneer and a frontiersman, a relentless optimist with unbounded self-confidence and an unshakable faith that he can not only wring booty from what looks like barren turf but that he can also have fun doing so." — The New Yorker"Named One of the Top 100 Entrepreneurs of the Last 100 Years" — Apple Computer"Bill Bartmann's autobiography is proof there is nothing that we can't overcome if we truly want to. His remarkable story will inspire every reader." — Harvey Mackay, author of the #1 New York Times Best Seller, Swim With The Sharks Without Being Eaten Alive★ ★ ★ They say that truth can be stranger than fiction, and in the case of Bill Bartmann, it’s absolutely the case. Bouncing Back is a glimpse into situations most of us never see: Leaving a dirt-poor family at age 14 to join the carnival Being an alcoholic gang member by age 17 Becoming paralyzed by falling down stairs drunk Being told that you’ll never walk again, yet later walking out of the hospital Those are unusual-enough experiences, but they were only the beginning of Bartmann’s journey. He is the only person ever to work in a pig slaughterhouse for years, and later become a billionaire—the 25th wealthiest person in America.After his success, Bartmann didn’t just go to Disneyworld, he rented the entire facility and hired 27 jumbo jets to fly his employees there. And he’s the only person to turn down an invitation to sleep in the Lincoln Bedroom because he was too busy.As if that’s not enough to fill one lifetime, Bartmann was then personally indicted by the U.S. Attorney General on 57 felony counts, and faced 600 years in prison if convicted. Without testifying at his own trial or calling a single witness, Bartmann was cleared of all charges and the government later admitted it had no case.Now Bartmann’s back, taking on the entire debt-collection industry and creating a new form of debt-collection company never before seen on the planet.Bouncing Back is about the lowest of lows, and the highest of highs. It’s also about how you never know what’s around the corner.

The Four Noble Truths of Wealth: a Buddhist view of economic life (Inherent Wealth Series Book 1)


Layth Matthews - 2013
     An excellent introduction to the Buddhist view of economic life, and life in general, the role of perception as the gateway to any kind of wealth is illuminated, and the Eightfold Path to an unconditionally wealthy life. Layth Matthews, presents Buddhism's foundation teaching, with playful examples from modern economic life. Please enjoy this.

An Introduction to Quantitative Finance


Stephen Blyth - 2013
    The quantitative nature of complex financial transactions makes them afascinating subject area for mathematicians of all types, whether for general interest or because of the enormous monetary rewards on offer.An Introduction to Quantitative Finance concerns financial derivatives - a derivative being a contract between two entities whose value derives from the price of an underlying financial asset - and the probabilistic tools that were developed to analyse them. The theory in the text is motivated by adesire to provide a suitably rigorous yet accessible foundation to tackle problems the author encountered whilst trading derivatives on Wall Street. The book combines an unusual blend of real-world derivatives trading experience and rigorous academic background.Probability provides the key tools for analysing and valuing derivatives. The price of a derivative is closely linked to the expected value of its pay-out, and suitably scaled derivative prices are martingales, fundamentally important objects in probability theory.The prerequisite for mastering the material is an introductory undergraduate course in probability. The book is otherwise self-contained and in particular requires no additional preparation or exposure to finance. It is suitable for a one-semester course, quickly exposing readers to powerful theoryand substantive problems. The book may also appeal to students who have enjoyed probability and have a desire to see how it can be applied. Signposts are given throughout the text to more advanced topics and to different approaches for those looking to take the subject further.

Investment Banking in Practice + Website: Financial Modeling and Valuation


Paul Pignataro - 2013
    Built around a full-length case study of Walmart, it shows you how to perform an in-depth analysis of that company's financial standing, walking you through all the steps of developing a sophisticated financial model as done by professional Wall Street analysts.Author Paul Pignataro also describes proven valuation techniques for determining the appropriate price of a stock, once again taking Walmart as his example.Built around a book-length case study through which the author teaches you time-tested financial modeling and stock valuation techniquesIncludes in-depth coverage of valuation techniques commonly used by Wall Street professionalsThe Companion Website features three additional case studies supplemented with exercises and a range of test questions that let you hone your analytical skills

Investment Banking, Enhanced Edition: Valuation, Leveraged Buyouts, and Mergers and Acquisitions + Valuation Models


Joshua Rosenbaum - 2013
    model comes complete with a user's guide.The models include: Comparable Companies AnalysisPrecedent Transactions AnalysisDiscounted Cash Flow AnalysisLeveraged Buyout AnalysisNEW! M&A ModelInvestment Banking: Valuation, Leveraged Buyouts, andMergers & Acquisitions, Second Edition + ValuationModels Download is highly accessible focusing on theprimary valuation methodologies currently used on Wall Street -comparable companies, precedent transactions, DCF, and LBOanalysis, as well as M&A analysis. These methodologies are usedto determine valuation for public and private companies within thecontext of M&A transactions, LBOs, IPOs, restructurings, andinvestment decisions. Using a step-by-step how-to approach for eachmethodology, the authors build a chronological knowledge base anddefine key terms, financial concepts, and processes throughout thebook. They also provide a comprehensive overview of thefundamentals of LBOs and an organized M&A sale process, as wellas merger consequences analysis.In the aftermath of the subprime mortgage crisis and ensuingcredit crunch, the world of finance is returning to thefundamentals of valuation and critical due diligence for M&A, capital markets, and investment opportunities. This involves theuse of more realistic assumptions governing approach to risk aswell as a wide range of value drivers. While valuation has alwaysinvolved a great deal of "art" in addition to time-tested"science," the artistry is perpetually evolving in accordance withmarket developments and conditions. As a result, Rosenbaum andPearl have updated the widely adopted first edition of their bookwith respect to both technical valuation fundamentals as well aspractical judgment skills and perspective. The authors have alsoadded a comprehensive and highly technical chapter on buy-sideM&A analysis.Furthermore, the authors address the importance of rigorousanalysis based on trusted and attributable data sources. In thisbook, they highlight several datasets and investment banking toolsfrom Bloomberg, a leading provider of business and financial data, news, research, and analytics.

BULLSH*T FREE GUIDE TO IRON CONDORS


Gavin McMaster - 2013
    Or it can be a way to lose your shirt. What determines whether you get rich or go broke can often be a tiny detail here, a missed opportunity there. The margin for error is slim. Heck, it’s non-existent. Fortunes are amassed by experienced options traders who know how to use this strategy THE RIGHT WAY. And financial lives are destroyed by those who don’t. This book will catapult you into that first category. Without all the fluff and B.S. that you don’t need. The Bullsh*t Free Guide to Iron Condors is a TRUE no-nonsense guide to the Iron Condor strategy, written by an experienced trader who lives (or dies) by working it every day. It’s designed as a real-life, step-by-step guide for experienced options traders who want to use this strategy the RIGHT WAY -- which means the CONSISTENTLY PROFITABLE way. In the book you’ll discover: * 6 little-known techniques for adjusting trades that go bad (most experienced traders don’t even know these) * How to create a trading journal and trading log, and why it’s CRUCIAL that you do. (Note: the book includes downloadable examples you can use yourself.) * The 3 ways the world’s top Iron Condor traders manage risk, including detailed examples so you can trade “like the big boys.” * How to save yourself thousands of dollars when entering live trades (this information is closely guarded by many trading “gurus”). * Which option broker is the best for trading Iron Condors. (This is one of the most important decisions you’ll make, so choose wisely.) * How to set up a trading plan that actually works. (We include a sample trading plan to get you started.) * Why weekly options are not as amazing as they sound (and are, in fact, often a HUGE mistake). * How to incorporate volatility into your trading. (You will come to LOVE huge volatility moves after reading this!) * How to eliminate the risk of early assignment. * How to avoid being caught with your pants down on settlement day. (Make this mistake and you can kiss your profits goodbye.)

Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives (Financial Times Series)


Satyajit Das - 2013
    And played out with other people’s money. This sensational insider’s view of the business of trading and marketing derivatives, explains the frighteningly central role that derivatives and financial products played in the global financial crisis. This worldwide bestseller reveals the truth about derivatives: those financial tools memorably described by Warren Buffett as ‘financial weapons of mass destruction’. Traders, Guns and Money will introduce you to the players and the practices and reveals how the real money is made and lost.  ‘The sexier side of finance ... at last ... a convincing picture of what life is like in today’s modern financial industry.’ Corporate Financier   ‘....more riveting than the Da Vinci Code...in the mould of Liars’ Poker...an insider’s account of how derivatives markets work...’ Goola Warden, The Edge

Leveraged Buyouts: A Practical Guide to Investment Banking and Private Equity


Paul Pignataro - 2013
    Such investing requires a strong technical know-how in order to turn private investments into successful enterprises. That is why Paul Pignataro has created Leveraged Buyouts + Website: A Practical Guide to Investment Banking and Private Equity.Engaging and informative, this book skillfully shows how to identify a private company, takes you through the analysis behind bringing such an investment to profitability--and further create high returns for the private equity funds. It includes an informative leveraged buyout overview, touching on everything from LBO modeling, accounting, and value creation theory to leveraged buyout concepts and mechanics.Provides an in-depth analysis of how to identify a private company, bring such an investment to profitability, and create high returns for the private equity funds Includes an informative LBO model and case study as well as private company valuation Written by Paul Pignataro, founder and CEO of the New York School of Finance If you're looking for the best way to hone your skills in this field, look no further than this book.

Fixed Income Relative Value Analysis: A Practitioners Guide to the Theory, Tools, and Trades (Bloomberg Financial)


Doug Huggins - 2013
    Yet the methods for analyzing these markets have failed to keep pace with recent developments, including the deterioration in the credit quality of many sovereign issuers. In Fixed Income Relative Value Analysis, Doug Huggins and Christian Schaller address this gap with a set of analytic tools for assessing value in the markets for government bonds, interest rate swaps, and related basis swaps, as well as associated futures and options.Taking a practitioner’s point of view, the book presents the theory behind market analysis in connection with tools for finding and expressing trade ideas. The extensive use of actual market examples illustrates the ways these analytic tools can be applied in practice.The book covers: Statistical models for quantitative market analysis, in particular mean reversion models and principal component analysis. An in-depth approach to understanding swap spreads in theory and in practice. A comprehensive discussion of the various basis swaps and their combinations. The incorporation of credit default swaps in yield curve analysis. A classification of option trades, with appropriate analysis tools for each category. Fitted curve techniques for identifying relative value among different bonds. A multi-factor delivery option model for bond future contracts. Fixed Income Relative Value Analysis provides an insightful presentation of the relevant statistical and financial theories, a detailed set of statistical and financial tools derived from these theories, and a multitude of actual trades resulting from the application of these tools to the fixed income markets. As such, it’s an indispensable guide for relative value analysts, relative value traders, and portfolio managers for whom security selection and hedging are part of the investment process.

150 Most Frequently Asked Questions on Quant Interviews (Pocket Book Guides for Quant Interviews)


Dan Stefanica - 2013
    

Creating Wealth From Scratch:


Chris Humphreys - 2013
    If you "eat your profits" too soon, you'll have little to show for your efforts.- ultimately leverage is what will get you to your goal. The good news is leverage is all around you when you know how to look.- you've got to believe in yourself, even if no one else does. It's your vision--follow it and make it a reality. Don't give up. See it through!

The Money Bubble


James Turk - 2013
    This book explains those mistakes and the likely shape of the crisis, and offers advice to those hoping to protect themselves and profit from what's coming.

Investing For The Rest Of Us: How To Invest In Stocks Using Index Funds: Passive Investing Strategies Everyone Can Use


David L. Wright - 2013
    This book shows that most people would be much better off selecting a passive investing strategy and then essentially leaving their investments alone rather than making frequent changes to their investment portfolio.The book provides a straightforward, practical approach to building a portfolio. It presents several passive investing strategies which have been shown to outperform 80% of professional mutual fund managers. By following the strategies outlined in this book, readers will be able to quickly and easily manage their portfolios. In fact, you could spend as little as an hour or so once a year monitoring your portfolio.Historically, the stock market's value has doubled every seven years or so. Many individual investors underperform the market. This book shows the most likely reasons why this happens and how you can avoid these common mistakes.Over the years, the author has met many people who were confused and overwhelmed by the idea of investing in the stock market. Mr. Wright wrote this book to help people gain a general understanding of how to easily investment their money. Investing For The Rest Of Us is an easy-to-implement investing approach that everyone can use.Who This Book Is For: Anyone looking for a straightforward, easy to implement, investing approach that doesn't require them to closely monitor their investments. Both beginning investors and seasoned investors looking for a new investing strategy. Anyone who wants to learn about passive investing. People who already have money invested in the stock market, but don't really know where to invest their money. People looking to invest for retirement or other major financial events (buying a new home, their children's higher education, etc.) People in a transitional employment state. For instance, people moving money from a former employer's 401(k) account to an IRA account and need to select investment options for that account. What This Book Is Not: This book will not make you a stock market investing professional. Instead, it is a concise, easy-to-understand primer that offers sound, practical advice for those people who are not intending to closely monitor their investment portfolio. This is not a get-rich-quick book. If you are looking for an investing book that will help you uncover the next stock to make you rich, you will need to look elsewhere. The investing strategies presented in this book will not make you rich overnight, but they will improve the chances that you will do well over the long haul and outperform most professional money managers. Topics Covered in this Book Include: Passive investing: what is passive investing? What is the difference between active and passive investing? Is your stock broker really looking out for you? Learn why investment professionals' interests and yours might not be aligned and how you can avoid this situation. Model portfolios: See actual, real-life portfolios that you can use for your own investments. Portfolio rebalancing: Learn how to rebalance your portfolio, and why and how often this should be done. Asset allocation: Learn what this is, why it's important. Timing the market: What is market timing? Should you try to time the market? DIY: Learn how to construct and customize your own personal investment portfolio.

Trading with Ichimoku: A practical guide to low-risk Ichimoku strategies


Karen Péloille - 2013
    The Ichimoku Kinko Hyo trading indicator is an information-rich and extremely reliable tool that can be employed across all time frames. Once you have learned the subtleties of the method and understand its unique system of validating price movements, it will improve your trading. Trading with Ichimoku is a practical handbook explaining the different elements of the Ichimoku system of chart reading, from the description of each of its five lines to their interpretation within a wider process of trading analysis. You will rapidly conclude that even though there are only five lines to look at on Ichimoku charts, the information given is more than enough to achieve a detailed and broad view of market and what the price action reveals. Part 1 is devoted to the theoretical description of the various components making up Ichimoku. Part 2 explains how to trade with Ichimoku Kinko Hyo through several examples in various time frames. Part 3 introduces trading methods that combine classical trading tools with Ichimoku Kinko Hyo. Explanations and examples are illustrated throughout with detailed colour charts. Whether you are a beginner or an accomplished trader, you should add a knowledge of Ichimoku to your armoury to improve your analysis and your results. Reviews from French readers: “I highly recommend this book for anyone who wants to learn to use Ichimoku.” “Clear explanations and especially great tips on how to trade.” “Very informative book with clear and precise examples.” “Good balance between the theory, analysis and trading.”

Summarized for Busy People:Confessions of an Economic Hitman


S. Clayton - 2013
    

Faithfully Frugal- Spend Less, Give More, Live More


Kari Patterson - 2013
    She explains things as God revealed them to her and uses Biblical passages to back up her beliefs. She is honest about everything not working for everyone; understands that not everyone understands, but is willing to walk us through the process regardless. Includes frugal recipes, suggested readings and discussion questions as well.

Getting Started in Property Investment for Dummies - Australia


Bruce Brammall - 2013
    Whether you want to prepare for retirement or just make a little extra money on the side, Getting Started in Property Investing For Dummies, Australian Edition, is the perfect way to take advantage of one of the most reliable and profitable investment vehicles in history. From weighing up your investing and financing options to managing the ongoing costs of real estate and building a long-term portfolio, this handy guide gives you the practical help and smart advice you need to get started. Ideal for entry-level investors who want to add brick-and-mortar assets to their investment portfolios, this book covers where to find capital, how to finance purchases and get the best mortgage terms, how to measure the value of properties, basic landlording guidance, and more.Offers practical property investing guidance for first-timers Completely up-to-date with the latest information on the current state of Australian real estate Bruce Brammall writes on property investing, personal finance and tax matters for the Herald Sun, the Eureka Report and News Limited's Your Money, and is the principal advisor and mortgage broker with Castellan Financial Consulting and Castellan Lending If you want to get started in real estate investing--as a full-time endeavor or just an addition to your current investment portfolio--Getting Started in Property Investing For Dummies, Australian Edition has you covered.

Launching a Hedge Fund: Lessons Learned by the COO of a Start-up Fund


Anonymous COO - 2013
    The author tries to impart advice on how to avoid some of the less obvious pitfalls while providing a guide of how to put a new fund in position from an operational standpoint to be successful before a single investment has been made. The book is intended for all types of people; the sophisticated investor considering investment into a fund, the financial professional looking to launch his or her own fund, or even the average individual curious about hedge funds in general.

Investment Banking Focus Notes


Joshua Rosenbaum - 2013
    The focus notes are designed for use both as a companion to the book, as well as on a standalone basis. Investment Banking focuses on the primary valuation methodologies currently used on Wall Street--namely, comparable companies analysis, precedent transactions analysis, DCF analysis, and LBO analysis--as well as detailed M&A analysis from both a sell-side and buy-side perspective. Our focus notes seek to help solidify knowledge of these core financial topics as true mastery must be tested, honed, and retested over time.

Summary of The Ascent of Money: A Financial History of the World - Niall Ferguson


Capitol Reader - 2013
    This summary offers a concise overview of the entire book in less than 30 minutes reading time. However this work does not replace in any case Niall Ferguson’s book.Ferguson reveals financial history and demonstrates that finance is in fact the foundation of human progress.

Broker Executive


Val Vogel - 2013
    It also describes a new type of insurance broker - the broker executive - as one who adheres to the highest standards of customer service and business ethics. This book gives business executives an understanding of the thought process their broker should go through to find the right solution for them, with an emphasis on the usage of life insurance as a business tool. It identifies some of the hazards of the insurance world, and ways to avoid them. It also uncovers techniques top brokers can use to create additional value using insurance, including succession planning and key personnel retention strategies.

Option Gamma Trading (Volcube Advanced Options Trading Guides Book 1)


Simon Gleadall - 2013
    Starting from first principles, option gamma is explained in straightforward English before separate sections on gamma hedging, gamma trading and advanced gamma trading ideas. Simple but detailed examples are provided throughout. Four sets of exercises, complete with solutions, are provided to test the reader's understanding. A basic glossary of terms is also provided.Published by Volcube (www.volcube.com), the leading options education technology company. This is the first volume in the concise Advanced Options Trading Guide series. The series aims to present somewhat more advanced topics relating to options trading in a clear way with an emphasis on practice rather than theory. As such, a basic knowledge of options is expected.

Think Like the Great Investors


Colin Nicholson - 2013
    The first two are straightforward skills anyone can learn, but the third is much more difficult. Your ability to make the right decisions isn't based on hard facts, but psychological realities like your own temperament, your own biases, and the biases of other traders. In essence, you can only master the stock market when you master yourself first, and that starts with making the right decisions habitually. "Think Like the Great Investors" is organised into four distinct parts that show you how to understand your own temperament, the psychology of the market as a whole, your own biases and decision-making errors, and how to practically apply your understanding of these factors into your decision-making system.Written by highly respected investment teacher, speaker, and writer Colin NicholsonIdeal for both inexperienced traders who want to lower their risk as well as experienced traders who lack that one final piece in the trader's skillsetFor anyone looking for that final piece of the investing puzzle, the answer is right here. With "Think Like the Great Investors," you'll leap beyond the final hurdle to super-successful investing . . . yourself.

How To Beat The Managed Funds By 20%


Dale Gillham - 2013
    The book contains simple workable strategies including how to:•Select winning stocks to suit your trading style•Construct a powerful portfolio that performs regardless of the market direction•Successfully reduce your risk and increase your probability of making a profit•Accelerate your profits using leverageThis fascinating book shows how by simply investing in some of Australia’s biggest and strongest companies, you can not only achieve very profitable returns but also beat the managed funds by at least 20%.If you are new to trading, think of this book as a good foundation on which you can build your personal wealth-creation strategies. If you are more experienced, think of this book as a keystone, the stone at the top of an arch that holds all the other stones in place. - Garnett Znidaric, Your Trading Edge MagazineDale Gillham is an authorised financial analyst who has, with his company Wealth Within, helped thousands of ordinary Australians to ‘think like a professional trader or investor’ to achieve very profitable returns in the sharemarket. Dale has more than 20 years’ experience in the financial services industry and his approach to investment is unique. Dale lives in Melbourne with his partner, Lea.

The MoneySense Beginner's Guide to Personal Finance


MoneySense - 2013
    We’ll teach you how to find the perfect car and home for you—and get a good deal on the price. You’ll learn to invest your money and build a secure foundation for your retirement. By the end of the book, you’ll feel confident that you can manage your finances effectively and grow your money."

Microsoft Excel 2013 Step by Step


Curtis D. Frye - 2013
    With Step by Step, you set the pace—building and practicing the skills you need, just when you them! Includes downloadable practice files and companion eBook.Discover how to:Work with Excel 2013 in touch mode Write formulas, create macros, and organize data Present data visually and add images to worksheets Consolidate multiple sets of data into a single workbook Analyze data using the Quick Analysis Lens Collaborate with colleagues and present workbooks online

D-I-Y Pensions


John Hulton - 2013
    A simple and easy to understand guide to UK pensions including cost effective d-i-y ways to build a personal pension pot using a low cost SIPP, how to use the option of income drawdown to maximise income in retirement and an overview of the proposed new flat rate state pension.

Wild Money: A Financial Field Guide and Journal


Luna Jaffe - 2013
    This workbook/journal and visual financial glossary is based on the author's popular workshops and expands more upon the wisdom provided in Wild Money: A Creative Journey to Financial Wisdom.

MoneyWords


Ray Edwards - 2013
    Use the secrets revealed in this book to write blog posts, articles, emails, sales letters,and ads that are powerful and persuasive... that get attention... and sell more products.Some of the secrets revealed: • Three simple tricks to use in your copy that sell more.• Three ways to write better copy faster.• Seven ways to boost your writing creativity.• Three headlines that work, and how to use them.• An easy way to read the mind of your prospects.

What Every Property Investor Needs To Know About Finance, Tax and the Law


Michael Yardney - 2013
     So now you can learn from Australia’s leading property, finance, tax and legal experts with decades of experience & knowledge you just won’t get anywhere else. This book has been written for both beginning and experienced investors. Together with Michael Yardney, who is Australia’s leading expert in wealth creation through property, property tax accountant and best selling author Ed Chan, finance strategist Rolf Schaefer and property lawyer and educator Rob Balanda, share their decades of experience and explain how sophisticated investors know how to use “the system” to their advantage. This is a “Plain English” guide to financial freedom that reveals how some people work less, earn more, pay less in taxes and are more financially secure than others. Most property investors never achieve financial independence, because they don’t understand how to use “the system.” This book is designed to help you treat your property investments as a business and take advantage of “the system” rather than having it work against you. Readers will be shown "What Every Property Investor needs to know about Finance, Tax and the Law". This book is written for: - people who want to work less, earn more, pay less tax and become financially secure - beginning investors who want to set things up correctly from the start - experienced investors who want to get to the next level by developing a property investment business - property investors who want to move to the next level by getting the right finance & the right structures to protect their assets from lawsuits, taxes & creditors ABOUT THE AUTHOR: Michael Yardney is one of Australia's leading experts in wealth creation through property. He was voted Australia's best property investment adviser, is one of Australia's most published property authors and has probably educated more successful property investors than anyone else in Australia. But he is not a theorist... Michael is a successful property investor and property developer and, as a director of Metropole Property Strategists, his opinions as a property commentator are highly sought after and frequently quoted in the media. In this edition of this best selling book Michael helps you discover how the rich build their property portfolios to maximize their revenue, safeguard their assets and keep more money in their bank account. Put simply...you'll be shown How to Grow a Multi-Million Dollar Property Portfolio - in your spare time.

The Master Key to Asia: A 6-Step Guide to Unlocking New Markets


David Clive Price - 2013
    They think Asia is one big region and anyway the business environment and mind-set are pretty much the same as their own. They can pick up the 'touchy feely' stuff later. The result is that they find themselves excluded from or trailing the competition because of simple cultural mistakes and poor communication. Companies waste MILLIONS of dollars in lost productivity, failed deals, ill-conceived strategies, and loss of goodwill simply because they don't understand the business etiquette, customs and traditions of the Asian country in which they operate or intend to operate. The Master Key to Asia is based on David Clive Price's experience of giving strategic communications advice to many Asian multinationals and of the challenges of setting up his own business in various Asian countries. This quick read book provides a step-by-step guide into the personal world of Asian business with Action Points and simple exercises to help the reader along the way. The cultures and business customs of 13 individual Asian countries are examined in detail, but there are also chapters on the Importance of Culture in International Business, the Basics of Asian Business Etiquette, Building Asian Leadership Skills, Asian Values, and The Road Map to Greater Success. Readers of this book will learn how to: * Enhance efficiency by understanding the impact of cultural differences * Eliminate cultural mistakes and blunders to raise performance * Communicate and present successfully to international audiences and clients * Build enduring relationships in Asia based on trust and credibility * Leverage cultural knowledge to build strong cross-border partnerships * Learn vital networking and negotiating skills in diverse cultures With this first book in his innovative Master Key series, David Clive Price offers a clear path to transforming your company's abilities to meet the challenges of the Asian Century.

Retirement Income Masters: Secrets of the Pros


Tom Hegna - 2013
    Tom Hegna found 14 of the top Retirement Income Masters in the country. Each chapter focus's on a different Master. How do THEY do it? What do THEY say? How do THEY explain key retirement concepts and solutions to clients? This book will give you powerful words, language and stories to use with your own clients and prospects. This is part 2 of the Paychecks and Playchecks series by Tom Hegna.

Applied Equity Analysis and Portfolio Management


Robert A. Weigand - 2013
    Filled with real-world illustrations and hands-on applications, this title takes a rigorous, empirical approach to topics such as investment instruments, capital markets, and globalization to name a few.Unlike typical guides on this subject--which feature chapters to read and exercises to complete--this resource allows readers to actively participate in the learning experience by completing writing exercises and manipulating interactive spreadsheets that illustrate the principles being taught. The learning system also features instructional videos that show individuals how to use the spreadsheet models and excerpts from the author's blog, which are used to depict additional examples of the analysis process. Along the way, it skillfully outlines an effective approach to creating and interpreting outputs--from macroeconomic forecast to portfolio performance attribution analysis--typically associated with a top-down money management shop.Covers topics including active and passive money management, valuation, and expected returns to name a few Companion streaming videos show how to manipulate interactive spreadsheets, and contain information from articles/excerpts related to the author's blog A valuable resource for universities who have applied equity analysis and portfolio management courses Practical and up-to-date, the reliable resource is an excellent guide for those with both a theoretical and practical need for investment expertise.

Stock Market Edges: A quantitative guide to developing winning trading strategies


Philip Reschke - 2013
    Improve the precision, accuracy and profitability of your stock market trading strategies by leveraging some of the many market edges that successful traders exploit every day.Read this book to learn how to:• Improve the accuracy and profitability of your trading strategies by leveraging statistically proven market edges• The power of using at least one "set-up" and one "entry signal" when developing trading strategies to tilt the odds in your favor• Conduct statistical tests to analyze whether your trading ideas has an edge over the overall market or not• Avoid some of the many mistakes that beginner traders do, such as not taking trading costs into account when backtesting your strategiesForeword by Stan Bokov, Chief Operating Officer at MultiCharts.Every market edge presented in Stock Market Edges is based on comprehensive statistical analyses and has been tested across seven different markets (S&P 500 ETF, NASDAQ 100 ETF, FTSE 100 Index, German Stock Index (DAX), Hang Seng Index, Nikkei 225, and the S&P 500 Index) over a period of more than 14 years.The tests range from simple moving averages to various chart patterns and indices, namely:• Short-term highs and short-term lows• The Relative Strength Index• Consecutive up days and consecutive down days• Extreme up days and extreme down days• Daily up gaps and daily down gaps• Average Directional Index• The Volatility Index• Key reversal bars• 50- and 200-day moving averages• Advancing and declining issuesThe final chapter lays out a very consistent and profitable sample trading strategy, built entirely on set-ups outlined in the book to prove that the edges actually provide the trader with an advantage.Contrary to most other trading books, expected slippage and commissions have been deducted from the test results for the S&P 500 ETF and the NASDAQ 100 ETF.All market edges and trading strategies presented in Stock Market Edges can easily be implemented and executed in popular trading platforms such as MultiCharts, TradeStation, NinjaTrader and MetaTrader.

Happiness: Empowerment and Freedom through Entrepreneurship


Kim Kiyosaki - 2013
    Kim Kiyosaki, author of Rich Woman and It’s Rising Time!, takes a unique approach providing her key insights to empower women to become financially independent to have the freedom to pursue what truly makes them happy.Through pointed questions and personal stories, Kiyosaki pushes her readers to define Happiness and to use it as their “why,” or purpose. She shapes the context that financial independence allows people to freely enjoy what truly makes them happy. Kiyosaki describes the specific steps women can take for personal fulfillment and financial independence. Written with stark candor and firsthand wisdom, Kiyosaki’s book is a call to action to enjoy what makes you happy on a scale most have never imagined.

Best-Practice EVA: The Definitive Guide to Measuring and Maximizing Shareholder Value (Wiley Finance)


G. Bennett Stewart III - 2013
    Stewart covers EVA essentials—the classic economic profit version of EVA—in the first three chapters of the book. He shows readers how simple and intuitive EVA really is, how it is defined, and why it is better than all other measures of corporate profit. You discover how it naturally guides managers into making all the right decisions—the ones that will truly maximize value. You see how to use it in profit-sharing bonus plans that create the powerful incentives of an owner. Later, Stewart introduces new ratios that make EVA much more powerful and much easier to use than ever before. The pinnacle of the new ratio framework is EVA Momentum, calculated by taking the change in EVA versus the prior period, and dividing by the revenues in the prior period. It measures the growth rate in EVA, scaled to the sales size of the business. It is the only corporate performance ratio where bigger always is better, because it gets bigger when EVA does, which means it should be every company's most important financial goal, the one ratio metric that everyone aims to maximize as the key measure of corporate success. Stewart then walks through the nuts and bolts of Best-Practice EVA, kicking off with an in-depth look at EVA Margin, or EVA as a percent of sales. It’s a key productivity metric, and Stewart’s candidate to replace ROI. The last link in the Best-Practice program is PRVit—the EVA market score report. Stewart shows how to read and interpret the report, how the score is determined, and why investors are turning to it to screen and rate stocks. He also shows why it is finding a home with CFOs and IR directors who want insights into how the market is pricing their stock. The book concludes with battle-tested tips from the firing line, practical suggestions for how you can test drive and adopt Best-Practice EVA at your company.

35 Top Dividend Growth Stocks


Dan Mac - 2013
    This investment strategy can help anyone build wealth and reach all their financial dreams.In Part One of 35 Top Dividend Growth Stocks, the reader is introduced to the strategy of dividend growth investing. What is dividend growth investing? Why should you invest in dividend growth companies? What are the goals of dividend growth investors? These questions and more will be answered.In Part Two of 35 Top Dividend Growth Stocks, the reader is presented with fundamental selection criteria of dividend growth stocks. The author then presents 35 companies that should be welcome in most all dividend growth investors portfolios. You will find company descriptions, key financial metrics and an investment thesis for each stock.Dividend growth investing is one of the greatest ways to build a passive income stream for retirement. Imagine a day when you can completely live off of passive income and no longer need to work. You can continue to own your stock investments, collect dividend checks and do absolutely whatever you want. This book gives the reader an introduction towards achieving all of your dreams.

International Corporate Finance: Value Creation with Currency Derivatives in Global Capital Markets


Laurent L. Jacque - 2013
    It's increasingly difficult to understand what is happening in capital markets without a firm grasp of currency markets, the investment strategies of sovereign wealth funds, carry trade, and foreign exchange derivatives products. International Corporate Finance offers thorough coverage of the international monetary climate, including Islamic finance, Asian banking, and cross-border mergers and acquisitions. Additionally, the book offers keen insight on global capital markets, equity markets, and bond markets, as well as foreign exchange risk management and how to forecast exchange rates.Offers a comprehensive discussion of the current state of international corporate finance Provides simple rules and pragmatic answers to key managerial questions and issues Includes case studies and real-world decision-making situations For anyone who wants to understand how finance works in today's hyper-connected global economy, International Corporate Finance is an insightful, practical guide to this complex subject.

Even Kids Can Make Money


Gail Trahd - 2013
    This indispensable resource will give your child ideas, resources and an outline of how to start their own business. Written by a successful home school mother with her then 10 year-old son, this resource will give you and your child many potential business ideas that you can grow to fund bank accounts and college funds. Gail Trahd is the mother of four children, 2 of whom are now successfully completing their college education.

Models at Work: A Practitioner's Guide to Risk Management


Jawwad Farid - 2013
    Written to appeal to a broad but financially-minded audience, it provides coverage of risk management and the frameworks commonly applied in the financial services industry.

Cash Flow Forever!: The Real Secrets of Real Estate Investing


Jeff K. Johnson - 2013
    Johnson lays out a simple but highly effective formula for building net worth and cash flow through real estate investing. Jeff shares his unique insight from working with a number of highly successful real estate investors for over thirty five years. You will find the real life stories that Jeff shares about his clients and his own investing experiences to be invaluable. This practical and easy to read book cuts right to the chase and lays out "The Real Secrets of Real Estate Investing".

Principles of Investing: A Complete Introduction to Stock Ownership, Basic Valuation, and Risk Assessment


Adam Love - 2013
    What are you really buying? Does it have value? Is that value worth more, or less than the price you pay?To answer these questions you need to look beyond share price. How much equity do shareholders own today? How much is the company earning? What are their profit margins? What variables influence their costs? How much equity is tangible? What’s the cash flow? Is that dividend sustainable? What’s the value for shareholders in the future?Few investors take the time to understand what they are buying or selling; to ask the important questions. Failing to look beyond share price, they find themselves at the mercy of the short term market, ready to sell almost immediately after they buy.Principles of Investing delivers a clear and rational introduction to investing in the stock market, with an emphasis on financial comprehension and the importance of understanding risk. This approach highlights the difference between price and value, and familiarizes the reader with the basic framework to begin making investment decisions. Recommended as a supplement to a basic course in financial analysis, but suitable as a primer or reference for the novice to intermediate investor, this book was written to provide transparency into the world of stocks and investing.What is the stock market, and why is it important? Why are shares issued, and what do they really represent? What's the difference between share price and share value? How do you read the three principle financial statements, and what should you look for? What is tangible book value, and what does it mean to you? What’s the difference between income and cash flow? What’s the difference between a mutual fund and an ETF? What are the different types of buy and sell orders, and which ones should you use?

Investment Banking Workbook


Joshua Rosenbaum - 2013
    This comprehensive study guide provides an invaluable opportunity to explore your understanding of the strategies and techniques covered in the main text, before putting them to work in real-world situations.The WORKBOOK--which parallels the main book chapter by chapter--contains over 400 problem-solving exercises and multiple-choice questions.Topics reviewed include:Valuation and its various forms of analysis, including comparable companies, precedent transactions and discounted cash flow analysis Leveraged buyouts--from the fundamentals of LBO economics and structure to detailed modeling and valuation M&A sell-side tools and techniques, including an overview of an organized M&A sale process M&A buy-side strategy and analysis, including a comprehensive merger consequences analysis that includes accretion/(dilution) and balance sheet effects The lessons found within will help you successfully navigate the dynamic world of investment banking and professional investing. Investment Banking WORKBOOK will enable you to take your learning to the next level in terms of understanding and applying the critical financial tools necessary to be an effective finance professional.

What to Do When I Get Stupid: A Radically Safe Approach to a Difficult Financial Era


Lewis Mandell - 2013
    This decline becomes far more consequential as we enter our 60s, 70s and 80s and try to make good financial decisions in an era of greater financial complexity, instability and change. As our mental acuity diminishes, we become more vulnerable to those who offer us "help." We all know older friends and relatives who have been victimized by those they have come to trust. "What to Do When I Get Stupid" documents when, how and why our financial powers weaken with age and offers ways in which we can significantly reduce the risks associated with this inevitability. It presents "A Radically Safe Approach to a Difficult Financial Era," (the book's subtitle) which shows that there is a way to make sure that we have enough money coming in to last through our lives. Many of the book's suggestions are things you have never heard before, in part because there is little no profitability in them for financial service providers. Here are a few of the concepts we can learn from the book:• What problems we cause for ourselves when our financial abilities decline• How we can we live on little more than our Social Security income• Why a fully-paid, age-in-place home may be our best investment• How a simple annuity can guarantee us a cash flow of 7% for life, even at today’s low rates• Why long-term care insurance may be a waste of money• When and how we can use a reverse mortgage to provide lifetime income• Why a balanced portfolio may be wrong for us• Whether financial advisors are worth their cut of our earnings• That there is a way to make sure we have money until the end

Market Liquidity: Theory, Evidence, and Policy


Thierry Foucault - 2013
    Market Liquidity offers a more accurate and authoritative take on liquidity and price discovery. The authors start fromthe assumption that not everyone is present at all times simultaneously on the market, and that even the limited number of participants who are have quite diverse information about the security's fundamentals. As a result, the order flow is a complex mix of information and noise, and a consensusprice only emerges gradually over time as the trading process evolves and the participants interpret the actions of other traders. Thus a security's actual transaction price may deviate from its fundamental value, as it would be assessed by a fully informed set of investors.This book takes these deviations seriously, and explains why and how they emerge in the trading process and are eventually eliminated. The authors draw on a vast body of theoretical insights and empirical findings on security price formation that have accumulated in the last thirty years, and havecome to form a well-defined field within financial economics known as market microstructure. Focusing on liquidity and price discovery, they analyze the tension between the two, pointing out that when price-relevant information reaches the market through trading pressure rather than through apublic announcement, liquidity suffers.The book also confronts many puzzling phenomena in securities markets and uses the analytical tools and empirical methods of market microstructure to understand them. These include issues such as why liquidity changes over time, why large trades move prices up or down, and why these price changesare subsequently reversed, why we see concentration of securities trading, why some traders willingly disclose their intended trades while others hide them, and why we observe temporary deviations from arbitrage prices.

Introduction to Time Series Using Stata


Sean Becketti - 2013
    The emphasis is on an understanding of the intuition underlying theoretical innovations and an ability to apply them. Real-world examples illustrate the application of each concept as it is introduced, and care is taken to highlight the pitfalls, as well as the power, of each new tool. The Revised Edition has been updated for Stata 16.

Financial Happine$$: Change You and You Will Change Your Life. Believe It!


Mike Finley - 2013
    How do we get there? What does money have to do with it? These questions and many more will be answered in the following pages. Not so sure? Maybe it's time to take a chance, a leap of faith if you will, toward something beyond what you are currently experiencing. Maybe it's time to reach for Financial Happine$$!

Exchange-Traded Funds for Canadians for Dummies


Russell Wild - 2013
    But how do you use this financial product to diversify your investments in today's ever-changing market?Exchange-Traded Funds For Canadians For Dummies shows you in plain English how to weigh your options and pick the ETF that's right for you. It tells Canadian investors everything you need to know about building a lean, mean portfolio and optimizing your profits. Plus, the book covers all of the newest ETF products, providers, and strategies, as well as Commodity ETFs, Style ETFs, Country ETFs, and Inverse ETFs.

Sam Walton: The Man Who Invented Walmart (A True Book: Great American Business)


Wil Mara - 2013
    Readers (Grades 3-5) will discover how the many small economies around the world are linked together into a worldwide web of goods, services, and money.

Wall Street Research: Past, Present, and Future


Boris Groysberg - 2013
    Despite regulatory, technological, and global forces that have transformed equity research in the last ten years, the industry has proven to be remarkably resilient and consistent. Boris Groysberg and Paul M. Healy get to the heart of Wall Street research—the analysts engaged in the process—and demonstrate how the analysts' roles have evolved, what drives their performance today, and how they stack up against their buy-side counterparts. The book unpacks key trends and describes how different firms have coped with shifting pressures. It concludes with an assessment of where equity research is headed in emerging markets, drawing conclusions about this often overlooked corner of Wall Street and the industry's future challenges.

Real Estate's Best Kept Secret: The FHA 203k Program Can Change Your Life and Financial Future!


Teresa Walsh - 2013
    At the same time, there are many more who have no idea this opportunity exists. The “secret” is the little known FHA 203k Renovation Loan Program that provides the funds for purchase or refinance along with renovation funds in a single loan! With a low down payment, you can get a great deal on a great home and remodel it to meet your tastes and needs. Acting on this opportunity can truly change your life, as well as your financial future. Real Estate’s Best Kept Secret was written specifically to help you understand the power of this amazing program and the opportunities it presents -- and then guide you successfully to the home of your dreams. You'll keep this easy to read renovation loan handbook at your side to guide you successfully through the process, preparing you for each of the important steps and helping you avoid potential pitfalls. You’ll better understand how to locate the right home, negotiate the purchase, evaluate renovation costs and make better decisions regarding the overall home value as well. You’ll learn how to work most successfully with your lender, realtor and renovation contractors along your road to 203k success. "This is an exciting book to share with anyone with a Dream of Homeownership. Dennis and Teresa Walsh’s passion and willingness to help others resonates throughout the book." — John S. Adams National Renovation Manager Prospect Mortgage "Dennis and Teresa Walsh have once again found that special niche opportunity that can change the way real estate is done. The 203k program is a hidden gem and they lay it out in plain and simple language so you can learn and leverage this powerful tool to get the job done!" — Steve Ozonian Chief Real Estate Officer Carrington Holdings Corporation "The U.S. housing market is plagued by an aged housing inventory. That is compounded with a lack of equity and the need for renovation and updates to be marketable. The 203K program provides real hope for those that want to improve or sell an older home. This program is critical to the revitalization of the national housing market." — Kenneth Jenny former CEO of RealEstate.com, COO of Coldwell Banker Residential Affiliates and CMO of Prudential Real Estate "Dennis and Teresa Walsh recognized that the FHA 203K was a program that could help many people purchase and improve the homes of their dreams. In this “Must Read” book, they provide step-by-step directions for making the most of the Best Kept Secret in Real Estate." — David Horowitz International Real Estate Consultant former SRVP Education NRT, LLC

Foreign Exchange Operations: Master Trading Agreements, Settlement, and Collateral


David F. DeRosa - 2013
    Brilliant traders and money managers who are profitable may find themselves underperforming, or worse, losing, simply because they failed to establish strong operations. In this book, David DeRosa provides industry players with everything they need for strong operational functions from all the types of trades to execution, master trading agreements, documentation, settlement, margin and collateral, and prime brokerage services.Contains vital work flow solutions for trading in the volatile foreign exchange marketplace Offers information for mastering the operational aspect of foreign exchange trading to help determine best partners such as prime brokers and others Written by David DeRosa a leading foreign exchange expert who has consulted to hundreds of financial institutions Foreign Exchange Operations helps traders mitigate risks and offers a guide to all aspects of trading operations from mastering trading agreements to margin documentation.

The Most Powerful Man in the World


Chris Royce - 2013
    It is critical to the strength and future of your family, your community, and the country. Regardless of how you grew up, you can be a world class DAD. Actually, your children are counting on it. This book will help you do that. The thoughts, ideas and stories inside will challenge and move you, make you laugh, and equip you on your journey in becoming the most powerful man in the world.

Fundamentals of Investing in Oil and Gas


Chris Termeer - 2013
    His book, Fundamentals of Investing in Oil and Gas, uses 250 + detailed pictures, graphs, and necessary visual illustrations, combined with thorough, comprehensive descriptions and details to aid the reader.The book begins with a historical description of the start of the oil and gas industry along with the creation of the trading markets and how they evolved to their modern role. From there, it covers a comprehensive unit on the upstream sector of the industry, which involves how oil and gas formations are formed and found, how to find commercial quantities, draft pre-development plans, how to drill and complete wells, learn the necessary personnel and procedures to increase success, evaluate reservoirs, how to improve oil and natural gas recovery, how extraction of oil and gas operations are maintained and managed, and an in-depth look at the most up-to-date extraction techniques used by both new and older wells.The midstream sector, or unit two of Fundamentals of Investing in Oil and Gas, examines the transportation aspect of the industry. Careful attention is given to the transportation of these resources and how they are stored, traded and distributed from the extraction field to the refinery; Topics that are included in this section are: the importance of pipeline infrastructure, shipping ports, terminals and hubs, planning, operating and maintaining pipelines, and a brief introduction of some of the basic regulatory factors that impact trade and operations.Chris Termeer’s unit three of Fundamentals of Investing in Oil and Gas focuses on experience and knowledge gleaned from the earlier years of his career. This section is designed to give the reader an overview of key refining topics by using easy to understand pictures, graphs, formulas, unique flow charts, illustrations and analogies. One can tell that extra attention was given to this unit so that the reader, no matter what their level of education is, would be able to follow the discussion on a section of the industry that few professionals ever try to describe. This section provides details on how products such as transportation fuels are created, an in-depth look at the major refining process that take place, feedstock preparation, refining operations, catalysts, yields, and processing requirements. It emphasizes the vital importance of how the latest technologies, such as hydrocracking, catalytic cracking, and alkylation, are used by the best refineries in the world to increase yields and profits. The refining business is critical to our global economy, and this is why special attention is given to finished products and specifications as slight changes in the refining industry can bring about startling changes in the marketplace.“It is important for one to have a basic understanding of all three sectors of the industry as none can exist without both of the others. Only once we have a better understanding of the industry as a whole can we begin to analyze the trends that are likely to happen globally, nationally, and locally in the future. If it were possible to see into the future, if only a little bit, one may have the potential to realize an immeasurable amount success.”– Chris Termeer –Fundamentals of Investing in Oil and Gas ends each major discussion with light coverage of modern news events relevant to that topic to forecast potential trends.Being written by an academic and professional expert makes Fundamentals of Investing in Oil and Gas one of the most up-to-date and exceptional books available, providing readers with a comprehensive and easy-to-follow guide to understanding the oil and gas industry.