Best of
Money

2001

Value Investing: From Graham to Buffett and Beyond


Bruce C. Greenwald - 2001
    Some of the savviest people on Wall Street have taken his Columbia Business School executive education course on the subject. Now this dynamic and popular teacher, with some colleagues, reveals the fundamental principles of value investing, the one investment technique that has proven itself consistently over time. After covering general techniques of value investing, the book proceeds to illustrate their applications through profiles of Warren Buffett, Michael Price, Mario Gabellio, and other successful value investors. A number of case studies highlight the techniques in practice. Bruce C. N. Greenwald (New York, NY) is the Robert Heilbrunn Professor of Finance and Asset Management at Columbia University. Judd Kahn, PhD (New York, NY), is a member of Morningside Value Investors. Paul D. Sonkin (New York, NY) is the investment manager of the Hummingbird Value Fund. Michael van Biema (New York, NY) is an Assistant Professor at the Graduate School of Business, Columbia University.

The Millionaire Mind


Thomas J. Stanley - 2001
    Stanley, Ph.D., answers these questions and provides us with further insight into the thoughts and lives of this wealthy segment of the population in The Millionaire Mind. A follow-up to Stanley's New York Times bestseller, The Millionaire Next Door, The Millionaire Mind may surprise readers with its findings about the kinds of people that millionaires really are. Interestingly, many millionaires were not straight-A students in high school, nor did they attend prestigious colleges. Instead, they were often told when they were younger that they were not bright and that they would not be successful. These challenges taught them how to surmount obstacles and motivated them to try harder and to take risks to get ahead financially. The major risks that these millionaires have taken and continue to take are financial ones. They must overcome the fear of taking risks, and they must maintain this courage throughout their adult careers. Stanley discovered that many millionaires share similarities in techniques to allay their anxieties and stay on track financially. Some of these include: Believing in myself Counting my blessings every day Countering negativethoughtswith positive ones Sharing concerns with spouse Visualizing success Outworking, outthinking, out-toughing the competition Hiring talented advisors Constantly upgrading my knowledge about my occupation Spending considerable time planning my success Exercising regularly Having strong religious faith Stanley also reveals that millionaires are very often successful in marriage as well as in work (the typical millionaire has been married to the same spouse for over twenty-five years) and that they usually lead relatively frugal, economically productive lifestyles. Perhaps most interesting to readers will be the section that Stanley devotes to how millionaires chose the career in which they would be most likely to succeed. So don't miss out on picking apart and analyzing the thoughts and habits of millionaires with Thomas Stanley and The Millionaire Mind, a book sure to be as brilliantly revealing and fascinating as his previous bestseller on millionaires. Thomas J. Stanley, Ph.D., is a researcher, author, and lecturer. He has studied the wealthy for more than 25 years. The Millionaire Next Door, published in 1996, has sold more than one million copies in hardcover and nearly one million in paperback. The book has been on The New York Times Best Sellers list for more than 150 combined weeks. His previous books include Marketing to the Affluent, which Best of Business Quarterly named one of 10 outstanding business books, Selling to the Affluent, and Networking with the Affluent. Dr. Stanley lives in Atlanta. He was a professor of marketing at Georgia State University, where he was named Omicron Delta Kappa Outstanding Professor. He holds his doctorate from the University of Georgia in Athens.

Own Your Own Corporation


Garrett Sutton - 2001
    Such a move can not only save you thousands in taxes, but can also save your house and savings and family assets from the potential attack of creditors. The book offers a clear understanding of how legal business systems and traditions have developed over the years and how the structures for running a business have evolved. Topics ranging from management control and avoiding disputes to flexibility of decision-making, taxation and start-up funding are all discussed in a concise, easily accessible manner.

Real Estate Riches: How to Become Rich Using Your Banker's Money


Dolf de Roos - 2001
    Self-made real estate mogul Dolf de Roos reveals why investing in property isso simple and lucrative as he gives insider secrets for getting ahead in thishigh-profit business.

Shark Tales: How I Turned $1,000 into a Billion Dollar Business


Barbara Corcoran - 2001
    After failing at twenty-two jobs, Barbara Corcoran borrowed $1,000 from a boyfriend, quit her job as a diner waitress, and started a tiny real estate office in New York City. Using the unconventional lessons she learned from her homemaker mom, she gradually built it into a $6 billion dollar business. Now Barbara's even more famous for the no-nonsense wisdom she offers to entrepreneurs on Shark Tank, ABC's hit reality TV show. "Shark Tales" is down-to-earth, frank, and as heartwarming as it is smart. After reading it don't be surprised if you find yourself thinking, "If she can do it, so can I." Nothing would make Barbara happier.

The Parable of the Pipeline: How Anyone Can Build a Pipeline of Ongoing Residual Income in the New Economy


Burke Hedges - 2001
    Book by Hedges, Burke

Loopholes of the Rich: How the Rich Legally Make More Money and Pay Less Tax


Diane Kennedy - 2001
    By learning the rules that the wealthy play by, business owners can take advantage of legal tax deductions to cut their annual tax payments.

Your Right To Be Rich


Napoleon Hill - 2001
    The principles and philosophy of success that he outlined in his masterwork, The Laws of Success, and his international bestseller, Think and Grow Rich, have served as the foundation for every motivational speaker since.In these rare recordings you will hear a complete and thorough exposition of Napoleon Hill's life-altering philosophy of personal achievement. More than that, you will gain deeper insight into Hill's philosophy as you listen to him interpret and amplify the seventeen universal principles of success. Best of all, these lectures are designed to motivate you and teach you the goals and strategies that will carry you to new heights of personal success:• turn setbacks into a springboard to achievement• generate attention for your ideas• influence others and improve personal relationships• define your true joy in life• achieve financial successYour Right to Be Rich is a working blueprint for a life of prosperity-an inspiring series of audio lectures that will give you powerful tools to achieve your dreams.

The One Minute Millionaire: The Enlightened Way to Wealth


Mark Victor Hansen - 2001
    Mark Victor Hansen, cocreator of the phenomenal Chicken Soup for the Soul series, and Robert G. Allen, one of the world’s foremost financial experts, have helped thousands of people become millionaires. Now it’s your turn.Is it possible to make a million dollars in only one minute? The answer just might surprise you. The One Minute Millionaire is an entirely new approach, a life-changing “millionaire system” that will teach you how to:* Create wealth even when you have nothing to start with.* Overcome fears so you can take reasonable risks.* Use the power of leverage to build wealth rapidly.* Use “one minute” habits to build wealth over the long term.The One Minute Millionaire is a revolutionary approach to building wealth and a powerful program for self-discovery as well. Here are two books in one, fiction and nonfiction, designed to address two kinds of learning so that you can fully integrate these life-changing lessons. On the right-hand pages, you will find the fictional story of a woman who has to make a million dollars in ninety days or lose her two children forever. The left-hand pages give the practical, step-by-step nonfiction strategies and techniques that actually work in the real world. You’ll find more than one hundred nuts-and-bolts “Millionaire Minutes,” each one a concise and invaluable lesson with specific techniques for creating wealth. However, the lessons here are not just about becoming a millionaire—they are about becoming an enlightened millionaire and how to ethically make, keep, and share your wealth. Whether your goal is less than a million dollars or that amount many times over, there’s never been a better time to achieve abundance. Let The One Minute Millionaire show you the way.

The Treasure Principle: Unlocking the Secret of Joyful Giving


Randy Alcorn - 2001
    Now the revision to the compact, perennial bestseller includes a provocative new concluding chapter depicting God asking a believer questions about his stewardship over material resources.Jesus spent more time talking about money and possessions than about heaven and hell combined. But too often we've overlooked or misunderstood his most profound teaching on this topic, from his words in Matthew 6. Jesus offers us life-changing investment advice. He actually wants us to store up treasures for ourselves--just not here on earth. Instead, he urges us to store our treasure in heaven, where they will await us, and last forever. We can't take it with us--but we can send it on ahead!Readers are moved from the realms of thoughtful Bible exposition into the highly personal arena of everyday life. Because when Jesus told His followers to "lay up for yourselves treasures in heaven," He intended that they discover an astounding secret: how joyful giving brings God maximum glory and His children maximum pleasure. In The Treasure Principle, you'll unearth a radical teaching of Jesus--a secret wrapped up in giving.Once you discover this secret, life will never look the same. And you won't want it to be."Supercharged with stunning, divine truth! Lightning struck over and over as I read it." - John Piper, Senior Pastor, Bethlehem Baptist Church, Minneapolis

Asset Pricing


John H. Cochrane - 2001
    Samuelson Award for scholarly writing on lifelong financial security, John Cochrane's Asset Pricing now appears in a revised edition that unifies and brings the science of asset pricing up to date for advanced students and professionals. Cochrane traces the pricing of all assets back to a single idea--price equals expected discounted payoff--that captures the macro-economic risks underlying each security's value. By using a single, stochastic discount factor rather than a separate set of tricks for each asset class, Cochrane builds a unified account of modern asset pricing. He presents applications to stocks, bonds, and options. Each model--consumption based, CAPM, multifactor, term structure, and option pricing--is derived as a different specification of the discounted factor.The discount factor framework also leads to a state-space geometry for mean-variance frontiers and asset pricing models. It puts payoffs in different states of nature on the axes rather than mean and variance of return, leading to a new and conveniently linear geometrical representation of asset pricing ideas.Cochrane approaches empirical work with the Generalized Method of Moments, which studies sample average prices and discounted payoffs to determine whether price does equal expected discounted payoff. He translates between the discount factor, GMM, and state-space language and the beta, mean-variance, and regression language common in empirical work and earlier theory.The book also includes a review of recent empirical work on return predictability, value and other puzzles in the cross section, and equity premium puzzles and their resolution. Written to be a summary for academics and professionals as well as a textbook, this book condenses and advances recent scholarship in financial economics.

The Spirituality of Success: Getting Rich With Integrity


Vincent M. Roazzi - 2001
    The author also dispels many popular myths of achievement and reveals the reasons why success eludes most people. Why haven't you achieved the success you desire? Here are just a few reasons: Success is not logical. Failure is a learned trait. Your expectations become your excuses.

An Introduction to Islamic Finance


Muhammad Taqi Usmani - 2001
    As long as a person advancing money expects to share in the profits earned (or losses incurred) by the other party, a stipulated proportion of profit is legitimate. The philosophy is enshrined in the traditional Islamic concepts of musharakah and mudarabah, along with their specialized modern variants murabahah, ijarah, salam, and istisna'. This invaluable guide to Islamic finance clearly delineates the all-important distinctions between Islamic practices and conventional procedures based on interest. Justice Usmani of Pakistan, who chairs several Shari'ah supervisory boards for Islamic banks, clearly explains the various modes of financing used by Islamic banks and non-banking financial institutions, emphasizing the necessary requirements for their acceptability from the Shari'ah standpoint and the correct method for their application. He deals masterfully with practical problems as they arise in the course of his presentation, and offers possible solutions in each instance.

Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order


Norm Franz - 2001
    Money and Wealth in the New Millennium is an easy-to-read biblical expose' about the global economic problems of the last days and how God plans to deliver His people.

The Last Bus to Albuquerque: A Commemorative Edition Celebrating Lewis Grizzard


Lewis Grizzard - 2001
    20 b&w photos.

Tightwad Tod


Daphne Skinner - 2001
    Challenged to spend twenty dollars in one day, a boy who loves money not only learns about bargain hunting and keeping track of his remaining balance, he also learns that spending can be fun.

Ethnographic Study Of Traditional Money: A Definition Of Money And Descriptions Of Traditional Money


Charles J. Opitz - 2001
    From the wampum of the American Indian used in the past, to the mamulis still being used by villagers for bride price on the Island of Sumba, we have always been fascinated by the relationship between culture and money. Traditional money has always been used for the important events in life such as buying land, bride price, death, the birth of a child, and coming of age. Even when coins or paper money are used for everyday activities, traditional money may still be used for the most important occasions. The book's introduction explores the definition of money and the book is a comprehensive listing and explanation of forms of money excluding coins and paper money. The 410 page book contains more than 1200 photographs with 150 photos in color. Most of the photographs have been taken by the author and are items in his personal collection.

Doing Well and Doing Good: Money, Giving, and Caring in a Free Society


Os Guinness - 2001
    But for all the preoccupation with the making of money, little attention has been paid to the meaning of money in modern society. Likewise overlooked is the companion question of the culture of giving and caring that automatically accompanies any dominant view of money.Doing Well and Doing Good addresses this blind spot. What is the meaning of money? What are the deepest motives to give? Why should we care for those outside our own groups, especially for the poor and needy outside any group? Answers to questions such as these are decisive for the character of any society, but especially for the citizens of free societies that would remain free. It is not too much to say that as a society creates wealth, gives, and cares, so it is. Doing Well and Doing Good explores the big ideas that shaped the rise of the Western tradition of giving and caring by examining selected writings from some of the most influential thinkers of Western society. Sometimes controversial, often challenging, always illuminating, the issues of money, giving, and caring are fascinating and vital themes that stand at the crossroads of many issues in contemporary society. They are topics that no responsible citizen or leader can afford to ignore.

The Cheating of America: How Tax Avoidance and Evasion by the Super Rich Are Costing the Country Billions--and What You Can Do About It


Charles Lewis - 2001
    Sure to enlighten and outrage, The Cheating of America is a must -- read for every citizen.

J.K. Lasser's Your Winning Retirement Plan


Henry K. Hebeler - 2001
    Lasser's Your Winning Retirement Plan to double your money for your golden years. Whether you're forecasting how much you need to be saving for retirement or are deciding how much you should be spending once you're there, acclaimed planning expert Henry K. Hebeler can get you the results you need. You'll analyze your investments and start getting the highest possible returns--with the least amount of risk; take a real-world look at your total financial picture, without inappropriate planning assumptions; and make use of a new concept called the Retirement Autopilot, which can help you budget more wisely today and ensure that your investments will last a lifetime. Key coverage will help you: * Beat reverse dollar-cost averaging so your money will continue to grow * Make use of modern feedback theory to secure your finances today--as well as tomorrow * Find solutions to different retirement scenarios, including early retirement and when only one spouse is retired

Millionaire


Wayne Wagner - 2001
    Full of solid advice, anecdotes, and true stories, Millionaire is concrete information plus plenty of motivation all in one uncomplicated package.How to go from spender to saver.Two self-made millionaires, Wayne Wagner and Al Winnikoff have spent their professional lives making millions for their clients. Now they offer a simple strategy that shows how investing in index funds can make you a millionaire. Whether you're a seasoned investor or just starting out, anyone-- from a minimum-wage earner to a six-figure executive-- can follow this tried and true plan and make it work.How to go from saver to investor.Read Wagner and Winnikoff and you will be absolutely convinced that you can become a millionaire. And they'll show you exactly how to do it in a way that will make you want to get started immediately.How to go from investor to millionaire."We tell our readers exactly what and how to save and invest, and prove why this strategy works with simple explanations and supporting documentation-- but without having to bog them down with weighty theories."Why the Millionaire plan?You don't need any prior knowledge about investing or money management. By following a simple formula based on the number of years to the target goal of a million dollars, you will know exactly how much money you need to save per month or per day. There's one simple set of rules of encouragement to keep you from doing the things that sabotage your goal.Why index funds?All you need to get started is the money you'd spend on lunch every day. You don't have to work long hours trying to keep on top of the market. You just sit back and let the economy work all 24 hours every day for you while you watch the returns compound and your money grow.There's no need to agonize over which strategy to follow or which stocks to pick. There are no brokerage fees. And, unlike mutual funds, with index funds there's no high-priced manager using your money to try to "beat the market," and losing most of the time. Index funds beat mutual funds for 14 out of the last 20 years.Wagner and Winnikoff show you step by step everything you'll need to know, from how to buy into an index fund in manageable bits and pieces, to what to do when it's time to start cashing in. But most importantly, Millionaire gives you the inspiration you need to get started and the motivation you need to stay the course.

The Psychology of Investing


John R. Nofsinger - 2001
    

The Vision of the Wealthy Soul


Michael R. Norwood - 2001
    

A Treasury of Jewish Coins


Ya'Akov Meshorer - 2001
    This new volume replaces Meshorer's classic Ancient Jewish Coinage (Vols. I & II) in a single book, fully expanded and updated as a new work and comprising all of the latest theories and information in this field. 80 pages of photographic plates showing top examples of each ancient Jewish coin type; hundreds of drawings and photos in the margins throughout the book, which enhance the pleasure of reading and studying these coins.