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Good Stocks Cheap: Value Investing with Confidence for a Lifetime of Stock Market Outperformance: Value Investing with Confidence for a Lifetime of Stock Market Outperformance (Business Books)
Kenneth Jeffrey Marshall - 2017
But company values stay relatively steady. This insight is the basis of value investing, the capital management strategy that performs best over the long term. With Good Stocks Cheap, you can get started in value investing right now. Longtime outperforming value investor, professor, and international speaker Kenneth Jeffrey Marshall provides step-by-step guidance for creating your own value investing success story. You’ll learn how to: •Master any company with fundamental analysis•Distinguish between a company’s stock price from its worth•Measure your own investment performance honestly•Identify the right price at which to buy stock in a winning company•Hold quality stocks fearlessly during market swings•Secure the fortitude necessary to make the right choices and take the right actions Marshall leaves no stone unturned. He covers all the fundamental terms, concepts, and skills that make value investing so effective. He does so in a way that’s modern and engaging, making the strategy accessible to any motivated person regardless of education, experience, or profession. His plain explanations and simple examples welcome both investing newcomers and veterans. Good Stocks Cheap is your way forward because the Value Investing Model turns market gyrations into opportunities. It works in bubbles by showing which companies are likely to excel over time, and in downturns by revealing which of these leading businesses are the most underpriced. Build a powerful portfolio poised to deliver outstanding outcomes over a lifetime. Put the strength of value investing to work for you with Good Stocks Cheap.
The Options Playbook: Featuring 40 strategies for bulls, bears, rookies, all-stars and everyone in between.
Brian Overby - 2009
No confusing jargon. No unnecessary mumbo-jumbo. Just clear, easy-to-understand explanations of more than 40 of the most popular option strategies broken down into a play-by-play format including: Play Name: Long Call, Short Call Spread, Iron Condor, etc. The Setup: The goals and reasons to run each play Who Should Run It: Rookies, Veterans or All-Stars, based on degree of difficulty When To Run It: Describes each play as bullish, bearish or neutral The Strategy: A detailed overview of each strategy, their risks and the specific costs associated with multi-leg strategies. description For the first-time option trader The Options Playbook features a "Rookie's Corner," addressing the basic definitions and concepts you need to understand this market, tips to avoid common beginner's mistakes, and suggested strategies to "get your feet wet." For more experienced option traders, an expanded section on implied volatility explains how this handy variable can be used to find the potential range of the stock over the options life. A detailed section on pricing variables (Greeks) helps you understand how an option's price is affected by changes in market conditions. You will also learn how time decay and a change in implied volatility can affect your trade after it's in place and how to recover if things don't go according to plan. The Options Playbook features Options Guy Tips from TradeKing Senior Analyst Brian Overby. Like any good coach, Overby's handy insights help you put theory into successful real-world trading. This expanded 2nd edition includes 10 new plays and 56 new pages of handy content describing a brief history of options, five common mistakes options traders make and how to avoid them, an expanded glossary, how to manage option positions by rolling to a different month and strike, to explaining the difference between index and stock options, managing early exercise and assignment and how to calculate position delta and use it to manage overall position risk of a multi-leg option strategy. Options involve risk and are not suitable for all investors. It is possible to lose more money than invested. Before making any investment decisions, please read Characteristics and Risks of Standardized Options that accompanies The Options Playbook and available at: tradeking.com/ODD. (c) 2015 TradeKing Group, Inc. All rights reserved. Securities offered through TradeKing, LLC, member FINRA and SIPC.
How to Get Rich
Felix Dennis - 2007
And if someone like me can become rich, then so can you - no matter what your present circumstances. Here is how I did it and what I learned along the way.' So writes Felix Dennis, who believes that almost anyone of reasonable intelligence can become rich, given sufficient motivation and application. How To Get Rich is a distillation of his business wisdom. Primarily concerned with the step-by-step creation of wealth, it ruthlessly dissects the business failures and financial triumphs of 'a South London lad who became rich virtually by accident'. Part manual, part memoir, part primer, this book is a template for those who are willing to stare down failure and transform their lives.Canny, infuriating, cynical and generous by turns, How To Get Rich is an invaluable guide to 'the surprisingly simple art of collecting money which already has your name on it'.
The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke
Elizabeth Warren - 2003
Although this social revolution created a firestorm of controversy, no one questioned the idea that women's involvement in the workforce was certain to improve families' financial lot. Until now.In this brilliantly argued book, Harvard Law School bankruptcy expert Elizabeth Warren and business consultant Amelia Tyagi show that today's middle-class parents are suffering from an unprecedented and totally unexpected economic meltdown. Astonishingly, sending mothers to work has made families more vulnerable than ever before. Today's two-income family earns 75% more money than its single-income counterpart of a generation ago, but actually has less discretionary income once their fixed monthly bills are paid.How did this happen? Warren and Tyagi provide convincing evidence that the culprit is not "overconsumption," as many critics have charged. Instead, they point to the ferocious bidding war for housing and education that has quietly engulfed America's suburbs. Stay-at-home mothers once provided a financial safety net if disaster struck; their move into the workforce has left today's families chillingly at risk. The authors show why the usual remedies--child-support enforcement, subsidized daycare, and higher salaries for women--won't solve the problem, and propose a set of innovative solutions, from rate caps on credit cards to open-access public schools, to restore security to the middle class.
Get Rich with Dividends: A Proven System for Earning Double-Digit Returns
Marc Lichtenfeld - 2012
Today they present an excellent opportunity, especially with investors who have been burned in the dot com and housing meltdowns, desperate for sensible and less risky ways to make their money grow. Designed to show investors how they can achieve double-digit average annualized returns over the long-term, Get Rich with Dividends: A Proven System for Earning Double-Digit Returns is the book you'll need to get started making money in any market.The beauty of dividend investing is that it's extremely easy to understand and takes up almost none of the investor's time. The investor doesn't have to constantly watch over their investments, and can and focus on other things, secure in the knowledge that the system is working and they are accumulating wealth or generating the income they need on a quarterly or even monthly basis.Using the author's proprietary 10-11-12 System, investors can achieve average annual returns of 12% or more, if they know which stocks to invest in and how to do so - even with below average growth in the share price.Dividend investments are easy to set up and require little to no maintenance, and this book shows you how to do it. A method so easy to use, you'll want to teach your children how to do it early, setting them up for financial independence and avoiding the problems that plagued many investors over the past decade Full of expert advice from a 15-year veteran of equity markets. By showing investors how to find and invest in these unique but conservative and proven stocks, Get Rich with Dividends is the only book on dividend investing you'll ever need.
How I Invest My Money: Finance experts reveal how they save, spend, and invest
Joshua Brown - 2020
How often do these experts pull back the curtain and tell us how they invest their own money? Never. How I Invest My Money changes that. In this unprecedented collection, 25 financial experts share how they navigate markets with their own capital. In this honest rendering of how they invest, save, spend, give, and borrow, this group of portfolio managers, financial advisors, venture capitalists and other experts detail the "how" and the "why" of their investments. They share stories about their childhood, their families, the struggles they face and the aspirations they hold. Sometimes raw, always revealing, these stories detail the indelible relationship between our money and our values. Taken as a whole, these essays powerfully demonstrate that there is no single "right" way to save, spend, and invest. We see a kaleidoscope of perspectives on stocks, bonds, real assets, funds, charity, and other means of achieving the life one desires. With engaging illustrations throughout by Carl Richards, How I Invest My Money inspires readers to think creatively about their financial decisions and how money figures in the broader quest for a contented life. With contributions from: Morgan Housel, Christine Benz, Brian Portnoy, Joshua Brown, Bob Seawright, Carolyn McClanahan, Tyrone Ross, Dasarte Yarnway, Nina O'Neal, Debbie Freeman, Shirl Penney, Ted Seides, Ashby Daniels, Blair duQuesnay, Leighann Miko, Perth Tolle, Josh Rogers, Jenny Harrington, Mike Underhill, Dan Egan, Howard Lindzon, Ryan Krueger, Lazetta Rainey Braxton, Rita Cheng, Alex Chalekian.
Zurich Axioms
Max Gunther - 1985
The 12 major and 16 minor Zurich Axioms contained in this work are a set of principles providing a practical philosophy for the realistic management of risk, which can be followed successfully by anyone, not merely the experts.
Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures
Gregory L. Morris - 1995
Candlestick Charting Explained features updated charts and analysis as well as new material on integrating Western charting analysis with Japanese candlestick analysis, grouping candlesticks into families, detecting and avoiding false signals, and more.
RESET: How to Restart Your Life and Get F.U. Money: The Unconventional Early Retirement Plan for Midlife Careerists Who Want to Be Happy
David Sawyer - 2018
In a world that's forever racing past us on a screen, it's a reminder of the potentially life-changing power of a book.” – MONEVATORWhat if that way doesn’t involve jacking in your job, leaving your partner, having a midlife crisis, uprooting your existence? What if that way just involves small actions, taken every day? With no more effort than you now spend tending your social media flock, superglued to a screen.Best of all, what if that way costs you little? In fact, what if that way saves you a tonne of money and lets you retire a few years earlier?“Sawyer’s RESET shows us how to achieve material wealth. It emphasizes discipline, sacrifice, and hard work…” – WILLIAM D. DANKO, PhD, co-author of The Millionaire Next DoorWhat if someone said that by following this way you will get:An idea of what were put on this earth to do. Increased happiness, purpose and meaning. A practical plan to future-proof your career. A way to declutter your life, so you’re able to see and think clearly again. A fully costed route to financial independence (you can call it early retirement if you like). A system to manage your finances. An investing plan that will knock your socks off and explain how you can get your F.U. Money.DAVID SAWYER is not a guru. He's just a middle-aged, married-with-two-children, Glasgow public relations guy who woke up one day and decided to change things. Six years later, the result is RESET – the unconventional guide for midlife professionalsthat will wipe the windscreen of life so you can see clearly again.It's a page-turner (part story, part practical guide), which draws on the experiences and research of hundreds of academics, philosophers, Nobel prize-winners, actors, Olympic athletes, self-help authors, investors and personal finance experts. “A comprehensive introduction to things you didn't learn in school but should have. RESET is a complete program with enough motivation and details to make it easy to begin without being too complicated. You'll feel like doing one or two things right now.” – JACOB LUND FISKER, PhD, author, Early Retirement Extreme“I don't say this lightly: this is one of my top, if not my very top, financial independence books that I've ever read. I absolutely loved it. I feel like it's the book if I had the guts to write my own book, that I would have written this.” – BRAD BARRETT, co-host, ChooseFI“RESET is an incredibly detailed and comprehensive guide to planning and achieving the life you desire. But that’s only true if what you desire is to work on your own terms, to achieve goals that are meaningful to you, and to move rapidly towards your financial independence.” – JOHN KINGHAM, managing editor, UK Value Investor and author of The Defensive Value InvestorIf you read RESET and carry out its recommendations, within a year, you will have transformed your future. It's never too late. Carpe diem. You are the master of your fate: you (and no one else) are the captain of your soul.
Why Didn't They Teach Me This in School?
Cary Siegel - 2013
As it developed, the author realized that personal money management skills were rarely taught in high schools, colleges and even in MBA programs. Unfortunately, books on the subject tend to be complicated, lengthy reads. The book includes eight important lessons focusing on 99 principles that will quickly and memorably enhance any individual's money management acumen. Unlike many of the personal money management books out there, this book is a quick, easily digested read that focuses more on the qualitative side than the quantitative side of personal money management. The principles are not from a text book. Rather, they are practical principles learned by the author as he navigated through his financial life. Many are unorthodox in order to be memorable and provoke deeper thought by the reader. Not only an excellent graduation gift for high school and college students but also a great read for any adult!
Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required
Kristy Shen - 2019
Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your investments to survive bear markets and black-swan events, and use the 4 percent rule and the Yield Shield--so you can quit the rat race forever. Not everyone can become an entrepreneur or a real estate baron; the rest of us need Shen's mathematically proven approach to retire decades before sixty-five.
The Physics of Wall Street: A Brief History of Predicting the Unpredictable
James Owen Weatherall - 2013
While many of the mathematicians and software engineers on Wall Street failed when their abstractions turned ugly in practice, a special breed of physicists has a much deeper history of revolutionizing finance. Taking us from fin-de-siècle Paris to Rat Pack-era Las Vegas, from wartime government labs to Yippie communes on the Pacific coast, Weatherall shows how physicists successfully brought their science to bear on some of the thorniest problems in economics, from options pricing to bubbles.The crisis was partly a failure of mathematical modeling. But even more, it was a failure of some very sophisticated financial institutions to think like physicists. Models—whether in science or finance—have limitations; they break down under certain conditions. And in 2008, sophisticated models fell into the hands of people who didn’t understand their purpose, and didn’t care. It was a catastrophic misuse of science.The solution, however, is not to give up on models; it's to make them better. Weatherall reveals the people and ideas on the cusp of a new era in finance. We see a geophysicist use a model designed for earthquakes to predict a massive stock market crash. We discover a physicist-run hedge fund that earned 2,478.6% over the course of the 1990s. And we see how an obscure idea from quantum theory might soon be used to create a far more accurate Consumer Price Index.Both persuasive and accessible, The Physics of Wall Street is riveting history that will change how we think about our economic future.
Elliott Wave Principle: Key to Market Behavior
Robert R. Prechter Jr. - 1978
Financial Statements: A Step-by-step Guide to Understanding and Creating Financial Reports
Thomas R. Ittelson - 1998
Explains how to read the three basic types of financial statements--the balance sheet, the income statement, and the cash flow--and uses this foundation to explain the flow of cash and product.
Global Value: How to Spot Bubbles, Avoid Market Crashes, and Earn Big Returns in the Stock Market
Mebane T. Faber - 2014
Is it possible for investors to identify emerging bubbles and then profit from their inflation? Likewise, can investors avoid the bursting of these bubbles, and the extreme volatility and losses found in their aftermath to survive to invest another day? Over 70 years ago, Benjamin Graham and David Dodd proposed valuing stocks with earnings smoothed across multiple years. Robert Shiller later popularized this method with his version of the cyclically adjusted price-to-earnings (CAPE) ratio in the late 1990s and correctly issued a timely warning of poor stock returns to follow in the coming years. We apply this valuation metric across more than 40 foreign markets and find it both practical and useful. Indeed, we witness even greater examples of bubbles and busts abroad than in the United States. We then create a trading system to build global stock portfolios, and find significant outperformance by selecting markets based on relative and absolute valuation.