This investment guide helped everyone, from rookie investors to Wall Street veterans, understand how the market works and how to determine which stocks to buy, and which to avoid.

    Confidence about where we are in a cycle comes when you learn the patterns of ups and downs that influence not just economics, markets and companies, but also human psychology and the investing behaviors that result. If you study past cycles, understand their origins and remain alert for the next one, you will become keenly attuned to the investment environment as it changes. You’ll be aware and prepared while others get blindsided by unexpected events or fall victim to emotions like fear and greed. By following Marks’s insights — drawn in part from his iconic memos over the years to Oaktree’s clients — you can master these recurring patterns to have the opportunity to improve your results.

    This book relies on data and historical facts. It argues that successful investors avoid short-term traps to concentrate on long-term strategies that allow time, compounding, and the natural ebbs and flows of the markets to work.

    Russ Roberts argues that the true underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people’s money. The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate ‘Too Big to Fail.’ That perception allows the largest financial institutions to continue to gamble with taxpayer money.

    The Klondike stampede was a wild interlude in the epic story of western development, and here are its dramatic tales of hardship, heroism, and villainy. We meet Soapy Smith, dictator of Skagway; Swiftwater Bill Gates, who bathed in champagne; Silent Sam Bonnifield, who lost and won back a hotel in a poker game; and Roddy Connors, who danced away a fortune at a dollar a dance. We meet dance-hall queens, paupers turned millionaires, missionaries and entrepreneurs, and legendary Mounties such as Sam Steele, the Lion of the Yukon.Pierre Berton's riveting account reveals to us the spectacle of the Chilkoot Pass, and the terrors of lesser-known trails through the swamps of British Columbia, across the glaciers of souther Alaska, and up the icy streams of the Mackenzie Mountains. It contrasts the lawless frontier life on the American side of the border to the relative safety of Dawson City. Winner of the Governor General's award for non-fiction, Klondike is authentic history and grand entertainment, and a must-read for anyone interested in the Canadian frontier.