What I Learned Losing a Million Dollars


Jim Paul - 1994
    In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors.This book—winner of a 2014 Axiom Business Book award gold medal—begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it—primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources.Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.

Broken By War


Anthony Lock - 2019
    I lost my brother at a young age, who was just two years younger than me. After his death I suffered at the hands of bullies who laughed and taunted me over his death. I hated my life and the people around me. I wanted out of my city to build a new life with a fresh start but the death of my brother and the impact it had on me, caused me to fail my education. How could I leave the city I hated now? I joined the Armed Forces at the age of 17 and served almost 12 years in a career that saw me lose nine friends. I was blown up twice and after the first IED I continued to lead by example on the frontline unknowingly suffering from a broken neck and surviving on just pain killers. The second IED just over a month later almost killed me, I died in the air above Helmond Province onboard a Military Helicopter and became the first British Soldier serving in Afghanistan to be surgically operated on whilst in the air. I suffered serious life changing injuries which has also left me suffering with Post Traumatic Stress Disorder and severe depression. I wrote the book because I became so fed up with my pain and depression made worse by the lack of help and support that I hated waking up every morning and breathing the air. 2018 saw a large rise in Veteran PTSD related suicides – which has continued to spiral into 2019 and I could have been another. The book will take you on a journey through my eyes and show you what it’s like to be “Broken By War” The book is a powerful read and will take you on a ride full of emotion – from laughter to tears – as you read about friendship, leadership, survival and recovery. It's not about blame or regret - it's about CHANGE. About the Author Anthony witnessed a number of traumatic events in his life as well as suffering life changing injuries. Anthony openly suffers with Post Traumatic Stress Disorder and his book is helping Veterans to reach out. With his own lack of support from the Government, the Military, The Charity's and his own city, Anthony is now devoted to spreading the Awareness of his own failings to help others now in his shoes. Follow Anthony on twitter @Broken_By_War

Fyast Life


Lola Bandz - 2014
    Meet Imani a college girl with ambitions that reach the sky and a yearning for love. Living in a world where her dreams are unattainable she hustles by day when shes done with the books. One night at the club she meets a smooth, loving gangsta by the name of Jake. Jake is surviving in this world of snakes and rats, trying to stay out of the dope game is his objective In life but it seems as though he will get roped back in with the help of his little brother . Once he lays eyes on Imani he sees his future clearer. Wanting to build an life with this beauty is consuming his mind. Come join this couple on their journey in the Fyast Life. A 2 part series.

Unfortunate Ursula Underwood


Susannah B. Lewis - 2017
    On the northern bank of the water, people live spoiled, luxurious lives. They feast on lamb and shop boutiques and want for nothing. On the southern side of the river, however, life is quite the opposite. Downtown residents know nothing but destitution and poverty, and they are not welcomed by their northern neighbors. Spinster Ursula Underwood shares an apartment with a gray and white cat on the impoverished southern side. Because of the loss and hardship she’s endured, Ursula has earned the nickname “Unfortunate”. She harbors great resentment at her lot in life, but a call on a diner payphone changes her outlook and gives her new purpose. Unfortunate Ursula Underwood takes us on a journey through an unknown world riddled with prejudice and hate, but one woman may change it all− as she learns to love the unlovable, forgive the undeserving and heal the intolerance in her heart.

Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today


Andrew L Berkin - 2016
    Berkin and Larry E. Swedroe, co-authors of The Incredible Shrinking Alpha, bring you a thorough yet still jargon-free and accessible guide to applying one of today's most valuable quantitative, evidence-based approaches to outperforming the market: factor investing. Designed for savvy investors and professional advisors alike, Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today takes you on a journey through the land of academic research and an extensive review of its 50-year quest to uncover the secret of successful investing.Along the way, Berkin and Swedroe cite and distill more than 100 academic papers on finance and introduce five unique criteria that a factor (at its most basic, a characteristic or set of characteristics common among a broad set of securities) must meet to be considered worthy of your investment. In addition to providing explanatory power to portfolio returns and delivering a premium, Swedroe and Berkin argue a factor should be persistent, pervasive, robust, investable and intuitive.By the end, you'll have learned that, within the entire "factor zoo," only certain exhibits are worth visiting and only a handful of factors are required to invest in the same manner that made Warren Buffett a legend.Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today offers an in-depth look at the evidence practitioners use to build portfolios and how you as an investor can benefit from that knowledge, rendering it an essential resource for making the informed and prudent investment decisions necessary to help secure your financial future.

Diamonds in the Dust: Consistent Compounding for Extraordinary Wealth Creation


Saurabh Mukherjea - 2021
    At the same time, many have lost their hard-earned money trying to invest in financial assets, including debt and equities. Such losses have occurred due to many reasons, such as corporate frauds, weak business models and misallocation of capital by the companies in whose shares unsuspecting investors parked their savings. What options do Indian savers then have to invest in, and build their wealth?Diamonds in the Dust offers Indian savers a simple, yet highly effective, investment technique to identify clean, well-managed Indian companies that have consistently generated outsized returns for investors. Based on in-depth research conducted by the award-winning team at Marcellus Investment Managers, it uses case studies and charts to help readers learn the art and science of investing in the US$3 trillion Indian stock market. The book also debunks many notions of investing that have emerged from the misguided application of Western investment theories in the Indian context. Vital and indispensable, this book will serve as the ultimate manual on investing and provide practical counsel to readers to achieve their financial goals.

Boom and Bust: A Global History of Financial Bubbles


William Quinn - 2020
    Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.

Everyone Believes It; Most Will Be Wrong: Motley Thoughts on Investing and the Economy


Morgan Housel - 2011
    Why are experts so bad at making predictions? Why do rich people take outsized risks to reach for money they don't need? Is America's manufacturing base really dwindling? What did we learn about risk after 9/11? Those questions and many more are tackled in these 21 irreverent and contrarian essays, which will have readers thinking differently about the conventional wisdom.

Fundamental Analysis, Value Investing & Growth Investing


Roger Lowenstein - 1997
    Growth investing is a fundamentally different style that seeks to identify tomorrow's great business successes. Learn the ins and outs, and the pros and cons, of these basic investment styles.