The approach taken here uses elementary versions of modern methods found in sophisticated mathematics. The formal prerequisites include only a term of linear algebra, a nodding acquaintance with the notation of set theory, and a respectable first-year calculus course (one which at least mentions the least upper bound (sup) and greatest lower bound (inf) of a set of real numbers). Beyond this a certain (perhaps latent) rapport with abstract mathematics will be found almost essential.

    All too many investors are unaware of the mental pitfalls that await them. Even once we are aware of our biases, we must recognise that knowledge does not equal behaviour. The solution lies is designing and adopting an investment process that is at least partially robust to behavioural decision-making errors. Behavioural Investing: A Practitioner's Guide to Applying Behavioural Finance explores the biases we face, the way in which they show up in the investment process, and urges readers to adopt an empirically based sceptical approach to investing. This book is unique in combining insights from the field of applied psychology with a through understanding of the investment problem. The content is practitioner focused throughout and will be essential reading for any investment professional looking to improve their investing behaviour to maximise returns. Key features include:The only book to cover the applications of behavioural finance An executive summary for every chapter with key points highlighted at the chapter start Information on the key behavioural biases of professional investors, including The seven sins of fund management, Investment myth busting, and The Tao of investingPractical examples showing how using a psychologically inspired model can improve on standard, common practice valuation tools Written by an internationally renowned expert in the field of behavioural finance

    Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first ­century capitalism. Ken Griffin of Citadel started out trading convertible bonds from his dorm room at Harvard. Julian Robertson staffed his hedge fund with college athletes half his age, then he flew them to various retreats in the Rockies and raced them up the mountains. Paul Tudor Jones posed for a magazine photograph next to a killer shark and happily declared that a 1929-style crash would be "total rock-and-roll" for him. Michael Steinhardt was capable of reducing underlings to sobs. "All I want to do is kill myself," one said. "Can I watch?" Steinhardt responded. Finance professors have long argued that beating the market is impossible, and yet drawing on insights from physics, economics, and psychology, these titans have cracked the market's mysteries and gone on to earn fortunes. Their innovation has transformed the world, spawning new markets in exotic financial instruments and rewriting the rules of capitalism. More than just a history, More Money Than God is a window on tomorrow's financial system. Hedge funds have been left for dead after past financial panics: After the stock market rout of the early 1970s, after the bond market bloodbath of 1994, after the collapse of Long Term Capital Management in 1998, and yet again after the dot-com crash in 2000. Each time, hedge funds have proved to be survivors, and it would be wrong to bet against them now. Banks such as CitiGroup, brokers such as Bear Stearns and Lehman Brothers, home lenders such as Fannie Mae and Freddie Mac, insurers such as AIG, and money market funds run by giants such as Fidelity-all have failed or been bailed out. But the hedge fund industry has survived the test of 2008 far better than its rivals. The future of finance lies in the history of hedge funds.

    Finally someone has come up with some practical, easy, quick, and workable suggestions to get out of debt and stay there." Grady Harp (Hall of Fame, Amazon Top 100 Reviewer, Vine Voice) "This is the rarest of all rarities - a really good ebook on personal finance." Amazon Top 1000 Reviewer "Avery Breyer's self-help guide to consumer finances... is filled with great ideas for getting out of a financial rut. I found her reasons for setting up a budget to be compelling and was impressed by the Money Tracker program she includes with the book... It's highly recommended." Rated 5-stars by Jack Magnus (Readers' Favorite) "I needed this book 25 years ago!" David Woody (Amazon Reader) Do you want to learn proven techniques that will help you to stop living paycheck to paycheck and stop stressing out about money? Do you want to be able to relax, knowing that all of your needs, today and in the future, can be paid for with ease? This book is going to show you money solutions that actually work. This book will provide you with both the tools and the knowledge that you need to finally get ahead. You'll learn a budget system that has stood the test of time, and helped countless people to dramatically reduce, or eliminate, their stress about money. In this practical, action-oriented guide, you'll learn an easy money-management system that takes only 15 minutes per week (that's an average of just over 2 minutes a day!) to maintain. After all, budget planning should be quick and easy! In this brilliant guide, some of the things you will learn include: -The easiest ways to pay down bad debt, and time-tested strategies to avoid getting more -How to set up a money management system that will provide for your daily monetary needs both now, and in the future -The 6 most important things you can do to take control of your money -11 budget traps, and how to avoid them You will also be given free lifetime access to The Money Tracker, a simple tool that makes keeping tabs on your budget quick and easy. Don't be the kind of person who procrastinates and makes a bad situation worse. Be the kind of person who isn't afraid to to tackle a problem head on. Be the kind of person who takes action now. You can stop living paycheck to paycheck and start to take control of your money and budget today. After that, sit back and enjoy the new life you are creating for yourself, a life where you feel secure, and more confident in your ability to manage your money. It's your time. Buy this book today and get started!

    It identifies the common steps used to yield misleading cash flow amounts, demonstrates how to adjust the cash flow statement for more effective analysis, and how to use adjusted operating cash flow to uncover earnings that have been misreported using aggressive or fraudulent accounting practices. Charles W. Mulford, PhD, CPA (Atlanta, GA), is the coauthor of three books, including the bestselling The Financial Numbers Game: Identifying Creative Accounting Practices. Eugene E. Comiskey, PhD, CPA, CMA (Atlanta, GA), is the coauthor of the bestselling The Financial Numbers Game: Identifying Creative Accounting Practices.

    Therefore, this book provides the fundamental concepts and techniques of real analysis for readers in all of these areas. It helps one develop the ability to think deductively, analyze mathematical situations and extend ideas to a new context. Like the first two editions, this edition maintains the same spirit and user-friendly approach with some streamlined arguments, a few new examples, rearranged topics, and a new chapter on the Generalized Riemann Integral.

    This book gives you a solid understanding of statistics without being too simple, yet without the numbing complexity of most college texts. You get a firm grasp of the fundamentals and a hands-on understanding of how to apply them before moving on to the more advanced material that follows. Each chapter presents you with easy-to-follow descriptions illustrated by graphics, formulas, and plenty of solved examples. Before you know it, you'll learn to apply statistical reasoning and statistical techniques, from basic concepts of probability and hypothesis testing to multivariate analysis. Organized into four distinct sections, Statistics in a Nutshell offers you:Introductory material: Different ways to think about statistics Basic concepts of measurement and probability theoryData management for statistical analysis Research design and experimental design How to critique statistics presented by others Basic inferential statistics: Basic concepts of inferential statistics The concept of correlation, when it is and is not an appropriate measure of association Dichotomous and categorical data The distinction between parametric and nonparametric statistics Advanced inferential techniques: The General Linear Model Analysis of Variance (ANOVA) and MANOVA Multiple linear regression Specialized techniques: Business and quality improvement statistics Medical and public health statistics Educational and psychological statistics Unlike many introductory books on the subject, Statistics in a Nutshell doesn't omit important material in an effort to dumb it down. And this book is far more practical than most college texts, which tend to over-emphasize calculation without teaching you when and how to apply different statistical tests. With Statistics in a Nutshell, you learn how to perform most common statistical analyses, and understand statistical techniques presented in research articles. If you need to know how to use a wide range of statistical techniques without getting in over your head, this is the book you want.

    Addressing the growing demand to learn how to manage personal investments and finances, the authors have turned the spotlight on individual rather than institutional investors. Their strong real-word focus includes superior coverage of mutual funds, international investments, and investment decision techniques. The new edition makes use of the Internet through exercises and cross references to Internet resources. An accompanying CD-ROM offers hands-on practice in analyzing companies for investment purposes. All these distinctive features ensure that Fundamentals of Investing will continue to define the market for years to come.

    Calculus is not a prerequisite, although examples and exercises using very basic calculus are included (labeled Calculus Required.) The most technology-friendly text on the market, Introductory Linear Algebra is also the most flexible. By omitting certain sections, instructors can cover the essentials of linear algebra (including eigenvalues and eigenvectors), to show how the computer is used, and to introduce applications of linear algebra in a one-semester course.

    This is a combination of what is speculation, along with some thoughts on life, business, society, and language. An excellent thought starter. Also contains Watts classic -Thoughts on Life- - short aphorisms of timeless wisdom. The orignal source for classic market wisdom such as: -Make your theories fit your facts, not your facts your theories.- -Look after the principal; the interest will look after itself.- -If a speculation keeps you awake at night, sell down to the sleeping point- This book is a must for any reader of classic investing wisdom.

    Collected here to keep your wits sharp, The Best Brain Teasers of All Time features the cleverest brain teasers from around the world and throughout history.The Best Brain Teasers of All Time gives you hours of fun-filled entertainment with brain teasers that develop your problem-solving skills in math, logic, and wordplay. Organized as an integrated challenge, these brain teasers build in momentum as they increase in difficulty from classic nursery rhymes to the riddle of the sphinx.The Best Brain Teasers of All Time puts your mind to the test with: 125 Brain Teasers that require no special skills to solve. Plus, each question comes with an optional clue in case you get stumped and a handy answer key in the back to test yourself or play with friends Brain Teasers for Every Level that cater to beginners and advanced masterminds alike, with brain teasers organized by level of difficulty to improve your skills as you move forward Hints of History that provide fun facts and background information for every brain teaser Get ready to sharpen your wit with every “aha” moment. The Best Brain Teasers of All Time is a go-to source for timeless fun and mind-blowing challenges.

    In BANK 3.0, Brett King looks at the latest trends that are redefining financial services and payments. From the global scramble for dominance of the mobile wallet, the expectations created by tablet computing, the operationalizing of the cloud and the explosion of social media he explores:li>How Social Media has exposed pricing, over-regulation, outdated processes and poor policy,How mobile technology is completely changing the context of banking,How customer advocacy is killing traditional brand marketing,The growth of the ‘de-banked’ consumer who doesn’t need a bank at all; andWhy Banking is no longer a place you go, but something you doBANK 3.0 shows that the gap between customer and financial services players is rapidly growing, leaving massive opportunities for new, non-bank competitors to totally disrupt the industry.

    Instead of a stable series of policies producing steady growth, China's financial sector has boomed and gone bust with regularity in each decade. The latest decade is little different. Chinese banks have become objects of political struggle while they totter under balance sheets bloated by the excessive state-directed lending and bond issuance of 2009. Looking forward, the government's response to the global financial crisis has created a banking system the stability of which can be maintained only behind the walls of a non-convertible currency, a myriad of off-balance sheet arrangements with non-public state entities and the strong support of its best borrowers--the politically potent National Champions--who are the greatest beneficiaries of the financial status quo.China's financial system is not a model for the west and, indeed, is not a sustainable arrangement for China itself as it seeks increasingly to assert its influence internationally. This is not a story of impending collapse, but of frustrated reforms that suggests that any full opening and meaningful reform of the financial sector is not, indeed cannot be, on the government's agenda anytime soon.

    In this book, Didier Sornette boldly applies his varied experience in these areas to propose a simple, powerful, and general theory of how, why, and when stock markets crash.Most attempts to explain market failures seek to pinpoint triggering mechanisms that occur hours, days, or weeks before the collapse. Sornette proposes a radically different view: the underlying cause can be sought months and even years before the abrupt, catastrophic event in the build-up of cooperative speculation, which often translates into an accelerating rise of the market price, otherwise known as a "bubble." Anchoring his sophisticated, step-by-step analysis in leading-edge physical and statistical modeling techniques, he unearths remarkable insights and some predictions--among them, that the "end of the growth era" will occur around 2050.Sornette probes major historical precedents, from the decades-long "tulip mania" in the Netherlands that wilted suddenly in 1637 to the South Sea Bubble that ended with the first huge market crash in England in 1720, to the Great Crash of October 1929 and Black Monday in 1987, to cite just a few. He concludes that most explanations other than cooperative self-organization fail to account for the subtle bubbles by which the markets lay the groundwork for catastrophe.Any investor or investment professional who seeks a genuine understanding of looming financial disasters should read this book. Physicists, geologists, biologists, economists, and others will welcome "Why Stock Markets Crash" as a highly original "scientific tale," as Sornette aptly puts it, of the exciting and sometimes fearsome--but no longer quite so unfathomable--world of stock markets.

    * How do you tell how well run a company is and how well it is doing? * Which ratios and benchmarks should you use to assess performance? * What can be done to massage company results? * How do you recognise danger signs on the corporate horizon? * How do you compare companies operating in different sectors or even different countries? completely updated and revised fourth edition of this clear and comprehensive guide aimed at anyone who wants to * make sense and practical use of a company's annual report * measure a business against its competitors * judge the creditworthiness of a customer or client * assess the investment potential of a company * put a value on a company.