Book picks similar to
Machine Learning in Asset Pricing by Stefan Nagel
finance
statistics
computer-science
fin-quant
Automatic Income: How to Use the Power of Dividend Investing to Beat the Market and Generate Passive Income for Life (Wealth Building Series)
Matthew Paulson - 2016
Written by the founder and editor of MarketBeat, a daily investment newsletter with more than 425,000 subscribers, this invaluable resource will show you how to identify investments that offer lower volatility, higher returns and an automatic income stream of dividends that you can live off of during retirement. This strategy is easy to implement and will set you off on a path toward true financial independence. Here's what you'll learn: How you can create an automatic income stream you can actually live on during retirement. How to build an investment portfolio of rock-solid companies that outperform the S&P 500. What criteria can identify dividend stocks that consistently return 10% or more per year. Which newsletters, websites and other resources you should use to research dividend stocks. Why you won't be tempted to cash out your dividend stock portfolio during the next recession. How to reduce your tax bill by choosing the right dividend investments and the right accounts. Why dividend-growth investing is superior to traditional income investing strategies. Market risk is near an all-time high and interest rates are at a historic low. There has never been a better time to switch to a more sensible wealth-generation strategy. If you want to improve your market returns, spend less time worrying about money and achieve true financial independence, this book is for you.
Basic Finance: An Introduction to Financial Institutions, Investments, and Management
Herbert B. Mayo - 2011
The text offers a strong finance foundation focusing on Internet resources and sample number problems, cases, and calculator solutions using a Microsoft Excel appendix. The text introduces the time value of money using three approaches to reinforce the concept--interest tables, financial calculator keystrokes, and investment analysis calculator software created specifically for the Mayo books.
The Art of Being Rational : Charlie Munger
Oxana Dubrovina - 2019
Find out what he has to say! Charlie Munger is one of the most successful businessmen in the world. He is worth more than a billion dollars and has spent his career not only honing his own business decision-making abilities but also teaching others to do the same. Now, all of his wisdom and insight into wealth management is collected in one place. Author Oxana Dubrovina wants to give you a crash course in Munger’s life-changing philosophy. This success self-help guide and motivational biography will put you on the road to a bright financial future by using Munger, as well as other inspirational leaders like Benjamin Franklin, Lee Kuan Yew, and even Jesus Christ, to illustrate important messages about how to live a good, honest, and successful life.
WallStreetBets: How Boomers Made the World's Biggest Casino for Millennials
Jaime Rogozinski - 2020
There was a time when the stock market was a mechanism for growing businesses to raise money, playing a large role in the industrial revolution-boosting America to a global superpower. Today the stock market has morphed into a high-tech system of fluctuating arbitrary numbers which are used by individuals and industries alike to find profit opportunities by placing bets, masqueraded as sophisticated financial maneuvers with fancy labels and acronyms. Nowhere is this more evident than with the tendencies observed today. There is a shocking trend by today's Millennial generation to shamelessly and unapologetically find ways to use the stock market to place very high-risk bets. And unlike formal Wall Street investment institutions, these gamblers, of sorts, don't attempt to disguise the game: they are proud to call Wall Street a casino. Jaime Rogozinski combs through various elements of how reckless investors play Wall Street similar to a casino. He illustrates these often in playful ways, using entertaining and compelling real-world anecdotes. His stories are taken straight from Reddit's r/wallstreetbets community which Jaime founded in 2012, and currently has more than 800,000 followers in addition to 3 million unique visitors a month. WallStreetBets is a forum based gathering where people are notoriously known for taking a brazen and public approach at gambling with the stock market.
A Real Girl's Guide to Money: From Converse to Louboutins
Effie Zahos - 2019
"You earn $150,000 a year, so where the hell is your money going?" Or what about this little gem that pops up every so often when you catch up with the girls- "How can she afford that?" Or maybe you're in a relationship that you're desperate to leave but that voice always says- "You can't afford to." Maybe your biggest fear is retiring in a polyester outfit because you haven't saved enough to live the fashionista lifestyle you're accustomed to. This book is for every woman who unashamedly has that voice in her head. After 20 years on a brand like Money, I've come across just about every possible question. Hopefully you'll find the answers to some of your questions in here.
The Dividend Mantra Way: Achieving Financial Independence By Living Below Your Means And Investing In Dividend Growth Stocks
Jason Fieber - 2015
From the founder of Dividend Mantra, this is a definitive guide on why you should aim to achieve financial independence early in life and how to actually get there. It includes information on my background, the strategies I've used to grow my wealth from below zero to well into the six figures, and practical, nuts-and-bolts advice. I've written over 650 articles, and this book includes some of my most useful, inspirational, and evergreen content I've ever put out there. If you're looking for information on how to execute a a real-life journey to financial independence in real-time, this is the book for you. I describe why you should aim for financial independence and I explore the idea of true sacrifice. I also discuss the 4% safe withdrawal rate, index funds, the power of dividends and dividend growth, living below your means, and how to analyze and value stocks. I've been featured in major media, including USA Today, CNBC, Today, Yahoo, and Mr. Money Mustache. I'm hoping this book inspires you. Living below your means and investing your excess capital into high-quality companies that pay and grow dividends is not only an incredibly easy and fun way to achieve financial independence early in life, but also incredibly robust.
MONEY WISE: Timeless Lessons on Building Wealth
Deepak Shenoy - 2021
Money Wise shows you the way. It cuts through the clutter of jargon and technical terms, leading you step by step on how to grow wealthy. In it, you will learn: Ways of allocating your income The only mutual funds hack worth knowing Why you should be watching not what Warren Buffett says but what he does Written in Shenoy’s trademark style, Money Wise is a book as much fun to read as it is informative. If you want to start investing, this is the book for you. If you have already started, then read this and up your game.
Be the Better Broker, Volume 1: Become A Top Producer: A Study of Mortgage Agents, Originators and Loan Officers
Dustan Woodhouse - 2015
This volume (1) focuses on the traits, habits, and skills to start forming before you enter the business. This is the top producer starter kit. This book is about putting you on a path to success prior even to being licensed. Loaded with specific actions to take today, actions that will improve your value to clients and employers alike. Are you ready to Be the Better Broker?
Trading the Trends
Fred McAllen - 2011
Whether you are a long term investor, short term investor, or invest in mutual funds, Trading the Trends is the book for you. The market never moves in a straight line, you must avoid bear markets, and learning to invest and trade with the market trends will place you miles ahead of the average investor and trader. You will learn how to recognize market trends early, as they are starting, and you'll learn when to move your money to safety. You will see actual trades, and experience the thoughts of the investor as the decisions are being made to enter and exit the market. Entering and exiting each actual trade, always carefully, always wisely, and always protecting the investment capital at all times. Learn from the master trader. Don't get caught in the next major market downturn and watch your portfolio be decimated.This book will show you how to avoid the pitfalls of treacherous market.
Paychecks and Playchecks: Retirement Solutions For Life
Tom Hegna - 2011
A person would spend their entire career with ONE company and then upon retirement they would receive a pension which was a guaranteed paycheck every month for the rest of their life. Most Americans have no chance at getting that deal anymore. The burdens, challenges, and risks of today's world are far greater. The stock market has seen negative returns for an entire decade. Health care costs are up but benefits are down. Life expectancy has dramatically increased but pensions are all but extinct! We are in a time when people need guaranteed income more than ever, yet fewer people have it than ever before. Paychecks and Playchecks: Retirement Solutions For Life is a guide for retirement that is BUILT for markets like these. It's a roadmap for surviving, and thriving, in difficult economic times. This book is not an Op-Ed on how "Average Joe" can invest to generate huge returns. It is a mathematical and scientifically proven guide on how to create a solid retirement with as much upside potential and downside protection as possible. Its purpose is to help you make absolutely sure that you have guaranteed lifetime income to keep you and your family protected in any market.By using simple financial products properly, having a plan for long term care, and utilizing cutting edge estate planning ideas, Paychecks and Playchecks will show you how to retire with enough guaranteed lifetime income to cover your basic expenses and optimize the rest of your portfolio to make sure you receive your "playchecks." It's not rocket science - it's financial sense. Despite what most experts say, "Happily ever after" still exists and it starts with Paychecks and Playchecks: Retirement Solutions For Life.
Dark Pools: The Rise of Artificially Intelligent Trading Machines and the Looming Threat to Wall Street
Scott Patterson - 2012
In the beginning was Josh Levine, an idealistic programming genius who dreamed of wresting control of the market from the big exchanges that, again and again, gave the giant institutions an advantage over the little guy. Levine created a computerized trading hub named Island where small traders swapped stocks, and over time his invention morphed into a global electronic stock market that sent trillions in capital through a vast jungle of fiber-optic cables. By then, the market that Levine had sought to fix had turned upside down, birthing secretive exchanges called dark pools and a new species of trading machines that could think, and that seemed, ominously, to be slipping the control of their human masters. Dark Pools is the fascinating story of how global markets have been hijacked by trading robots--many so self-directed that humans can't predict what they'll do next.
How To Day Trade Stocks For Profit
Harvey Walsh - 2011
Complete Day Trading Course How To Day Trade Stocks For Profit is a complete course designed to get you quickly making money from the stock market. No previous trading experience is necessary. Easy to read and jargon-free, it starts right from the very basics, and builds to a remarkably simple but very powerful profit generating strategy. What Others Are Saying Readers of this book make real money, as this short selection of comments shows: • "Have been using the info in the book for three days... $1,490.00 in the bank." • "It was a great day! I made a $1175.50 profit." • “Per 1 January I started day trading full time." • “I am already making my job salary in trading." • “I ended my first day of live trading with a net profit of $279.53.” What's Inside Just some of what you will discover inside: • What really makes the stock market tick (and how you can make lots of money from it). • The single biggest difference between people who make money and those who lose it. • How to trade with other people's money, and still keep the profit for yourself. • Specific trading instructions, exactly when to buy and sell for maximum profit. • How to make money even when the stock market is falling. • The five reasons most traders lose their shirt, and how you can easily overcome them. • Three powerful methods to banish fear and emotion from you trading - forever. • How you can get started trading with absolutely no risk at all. • 14 Golden Rules of trading that virtually guarantee you will be making money in no time. Fully Illustrated The book is packed with real life examples and plenty of exercises that mean you’ll be ready to go from reading about trading, to actually making your own trades that put cash in the bank.
The Drunkard's Walk: How Randomness Rules Our Lives
Leonard Mlodinow - 2008
From the classroom to the courtroom and from financial markets to supermarkets, Mlodinow's intriguing and illuminating look at how randomness, chance, and probability affect our daily lives will intrigue, awe, and inspire.
Bandit Algorithms for Website Optimization
John Myles White - 2012
Author John Myles White shows you how this powerful class of algorithms can help you boost website traffic, convert visitors to customers, and increase many other measures of success.This is the first developer-focused book on bandit algorithms, which were previously described only in research papers. You’ll quickly learn the benefits of several simple algorithms—including the epsilon-Greedy, Softmax, and Upper Confidence Bound (UCB) algorithms—by working through code examples written in Python, which you can easily adapt for deployment on your own website.Learn the basics of A/B testing—and recognize when it’s better to use bandit algorithmsDevelop a unit testing framework for debugging bandit algorithmsGet additional code examples written in Julia, Ruby, and JavaScript with supplemental online materials