Book picks similar to
Guardians of Finance: Making Regulators Work for Us by James R. Barth
business-finance-economics
economics
non-fiction
central-banking
The Economics of Just About Everything
Andrew Leigh - 2014
Economics has things to say about AC/DC and Arthur Boyd, dating and dieting, Grange and Geelong, murder and poverty. Incentives matter, often in surprising ways, and seemingly simple everyday activities can have unexpected outcomes. Insights from behavioural economics can also help us make better decisions.If you like fresh facts and provocative ideas, this is great train and weekend reading. You'll soon see the world and the people around you in a new light.'Essential reading for the 21st century' - Karl Kruszelnicki'Economics isn't the only thing, but Andrew Leigh reminds us that it can explain almost everything.' - George Megalogenis'What do you get when you cross a politician with an economist? A captivating, charming, and nicely-written book. Who knew?' - Annabel CrabbAndrew Leigh is the federal member for Fraser, ACT. He has a PhD from Harvard, was a Professor of Economics at the Australian National University, appears regularly in the media, and is author of several books, including Battlers and Billionaires.
Infectious Greed: How Deceit and Risk Corrupted the Financial Markets
Frank Partnoy - 2003
One by one, major corporations such as Enron, Global Crossing, and WorldCom are imploding all around us, prey to a greed-driven culture and dubious or illegal corporate finance and accounting. We have reached a perilous crossroads. In a compelling and disturbing narrative, Frank Partnoy brings to bear all of his skills and experience as a securities attorney, financial analyst, and law professor to tell the story of the rise of the trading instruments and corporate financial structures that now imperil the economic health of the country. Starting in the mid-1980s, he documents how each new level of financial risk and complexity obscured the sickness of corporate America. Finally, Partnoy offers clear policies that can save our financial system.
Aligning Strategy and Sales: The Choices, Systems, and Behaviors that Drive Effective Selling
Frank V. Cespedes - 2014
Addressing that gap, actionably and with attention to relevant research, is the focus of this book.In Aligning Strategy and Sales, Harvard Business School professor Frank Cespedes equips you to link your go-to-market initiatives with strategic goals. Cespedes offers a road map to articulate strategy in ways that people in the field can understand and that will fuel the behaviors required for profitable growth. Without that alignment, leaders will press for better execution when they need a better strategy, or change strategic direction with great cost and turmoil when they should focus on the basics of sales execution.With thoughtful, clear, and engaging examples, Aligning Strategy and Sales provides a framework for diagnosing and managing the core levers available for effective selling in any organization. It will give you the know-how and tools to move from ideas to action and build a sales effort linked to your firm’s unique goals, not a generic selling formula.Cespedes shows how sales efforts affect all elements of value creation in a business, whether you’re a start-up seeking to scale or an established firm looking to jump-start new growth. The book provides key insights to optimize your firm’s customer management activities and so improve selling and strategy.
F Wall Street: Joe Ponzio's No-Nonsense Approach to Value Investing For the Rest of Us
Joel Ponzio - 2009
They should capitalize on it—and give a middle finger to those brokers wasting their time (and money) buying and selling, viewing investing as just buying stocks and not taking ownership of a company.In this book, Joe Ponzio gives an "f-you" to Wall Street and teaches you how to become a sharp value investor who uses economic downturns to your advantage. By buying into companies you believe in—but that may be selling for less than their intrinsic value, like high-end retailers in a weak market and discount retailers in a strong one—you will profit from their long-term performance. It's the perfect guide for anyone fed up with Wall Street's bull.
Freefall: America, Free Markets, and the Sinking of the World Economy
Joseph E. Stiglitz - 2010
Stiglitz explains the current financial crisis—and the coming global economic order. The current global financial crisis carries a “made-in-America” label. In this forthright and incisive book, Nobel Laureate Joseph E. Stiglitz explains how America exported bad economics, bad policies, and bad behavior to the rest of the world, only to cobble together a haphazard and ineffective response when the markets finally seized up. Drawing on his academic expertise, his years spent shaping policy in the Clinton administration and at the World Bank, and his more recent role as head of a UN commission charged with reforming the global financial system, Stiglitz outlines a way forward building on ideas that he has championed his entire career: restoring the balance between markets and government, addressing the inequalities of the global financial system, and demanding more good ideas (and less ideology) from economists. Freefall is an instant classic, combining an enthralling whodunit account of the current crisis with a bracing discussion of the broader economic issues at stake.
The Wall Street Money Machine (Kindle Single)
Jesse Eisinger - 2011
Their machinations made the collapse much worse. This Pulitzer Prize-winning series reveals how they did it.
How to be Chic in the Winter: Living slim, happy and stylish during the cold season
Fiona Ferris - 2016
You can feel everything growing still and soft; nature is slowing down and people are getting cozy. The most stunning colours can be found outdoors at this time. Despite the natural beauty, despite your looking forward to the coziness of winter, you find that a few short months later yes, again, things have gone awry. You have ploughed headlong into winter without design or plan; you are wearing the same clothes as last year because you have not put thought into your wardrobe; you have put on weight from indiscriminate eating and you are complaining in your head, or worse, out loud that ‘it’s cold today’. This was me! Many warm-blooded creatures hibernate when it is cold out and go with their natural instincts by doing so. They do not enter the spring season stressed out; rather, animals waking up from hibernation are coming to sleepily, well rested and ready for the warmer season; so, why don’t we? We would not go to sleep for months on end, but perhaps we can take a leaf out of their book and make each winter a mental spa time of rejuvenation, beauty and pleasure. I decided to write this book as a kind of insurance, to remind me of my exciting winter plans. It is easy to be enthusiastic about the winter season when the leaves are turning. Fall fashions are always fun to look forward to, even for a non-fashionista like me – the September issue of Vogue! I can rekindle my love for the colours of plum, navy and camel at this time of year. But a few months later the novelty has already worn off. This book is also a toolkit of all the ideas that have worked so well in previous winters, as well as new ideas I want to capture. I started this book in autumn, and am now finishing it up in spring. I am so pleased to have tried all my ideas out in a ‘test’ environment! Read ‘How to be Chic in the Winter’ to discover my strategy for not just surviving, but thriving this winter; on how to have a chic and beautiful winter season and emerge, like a butterfly ready for a gorgeous spring and summer. Contents Introduction Chapter 1. Know that winter is a different season Start winter with a goal Be ahead of the game Look forward to winter Chapter 2. Create a winter menu plan Breakfasts that are warming, filling and healthy Lunches for work and home Dinners – tweak the winter classics Snacks Fiona’s favourite winter recipes Red Lentil and Tomato soup Pumpkin Soup Vegetable soup Spaghetti Bolognese Savoury mince Shepherd’s pie Roast chicken ‘Bangers’ (sausages) and mash Parmesan chicken Crumbed chicken Pasta Bake Rice Bake Apple and Boysenberry Crumble Bliss Balls Chapter 3. Break up the long winter Learn something or have a project to complete Keep active Be social Chapter 4. Work on feeling good Home as your winter sanctuary Dress in clothes that make you feel good Be cozy when you are at home Take care of your grooming Keep well Chapter 5. Keep your motivation up Do things quickly If you are a summer person Make plans for the next six to twelve months Chapter 6. Create your ideal chic winter season Bonus journal questions To finish About the author
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.
Flash Boys: Not So Fast: An Insider's Perspective on High-Frequency Trading
Peter Kováč - 2014
stock market is rigged. This is an extraordinarily serious accusation. If it is true that a conspiracy of stock exchanges, banks, regulators and high-frequency traders has rigged the market, this has profound implications for every aspect of our financial system. It’s rather surprising, then, that this book alleging a vast high-frequency trading conspiracy included no high-frequency traders. Flash Boys lacks a single insider’s account, and it shows. Electronic trading is extremely complicated, and if you neglect to talk to any electronic traders, you’re probably going to get it wrong. Flash Boys: Not So Fast, written by a former high-frequency trading executive and regulatory compliance expert, provides the missing insider’s perspective on today’s stock market and answers the question of whether or not Michael Lewis is right. Not So Fast reviews the alleged scams described by Lewis and applies the same rigorous analysis that real trading strategies are subjected to, methodically walking through them step by step and explaining what is actually possible in today’s markets and what is not. Extensively researched and documented, Not So Fast provides a clear, accurate picture of how today’s markets operate, including what works, what doesn’t work, and what changes need to be made.
Flirting with Stocks: Stock Market Investing for Beginners
Anil Lamba - 2018
Acclaimed financial expert Dr Anil Lamba begins with the basics of how the investment cycle works, and builds up to the nitty-gritties of bulls and bears, mutual funds, kerb trading, badla finance and share-price fixing. Included also are case studies on asset bubbles and insider trading that are lessons for potential investors on how to make money while minimising risks. Written in Dr Lamba’s characteristic lucid style, this book makes stock market investing a non-intimidating, fun activity.
Endgame
Jonathan Tepper - 2011
The Debt Supercycle--when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis--is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good--restructure the debt or reduce it through austerity measures. Endgame details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis. The book:Reveals why the world economy is in for an extended period of sluggish growth, high unemployment, and volatile markets punctuated by persistent recessions Reviews global markets, trends in population, government policies, and currencies Around the world, countries are faced with difficult choices. Endgame provides a framework for making those choices.
Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street
Sheelah Kolhatkar - 2017
Cohen changed Wall Street. He and his fellow pioneers of the hedge fund industry didn't lay railroads, build factories, or invent new technologies. Rather, they made their billions through speculation, by placing bets in the market that turned out to be right more often than wrong and for this, they gained not only extreme personal wealth but formidable influence throughout society. Hedge funds now oversee more than $3 trillion in assets, and the competition between them is so fierce that traders will do whatever they can to get an edge.Cohen was one of the industry's biggest success stories, the person everyone else in the business wanted to be. Born into a middle-class family on Long Island, he longed from an early age to be a star on Wall Street. He mastered poker in high school, went off to Wharton, and in 1992 launched the hedge fund SAC Capital, which he built into a $15 billion empire, almost entirely on the basis of his wizard like stock trading. He cultivated an air of mystery, reclusiveness, and excess, building a 35,000-square-foot mansion in Greenwich, Connecticut, flying to work by helicopter, and amassing one of the largest private art collections in the world. On Wall Street, Cohen was revered as a genius: one of the greatest traders who ever lived.That image was shattered when SAC Capital became the target of a sprawling, seven-year investigation, led by a determined group of FBI agents, prosecutors, and SEC enforcement attorneys. Labeled by prosecutors as a magnet for market cheaters whose culture encouraged the relentless pursuit of edge and even black edge, which is inside information SAC Capital was ultimately indicted and pleaded guilty to charges of securities and wire fraud in connection with a vast insider trading scheme, even as Cohen himself was never charged.Black Edge offers a revelatory look at the gray zone in which so much of Wall Street functions. It's a riveting, true-life legal thriller that takes readers inside the government's pursuit of Cohen and his employees, and raises urgent and troubling questions about the power and wealth of those who sit at the pinnacle of modern Wall Street.
Panic: The Story of Modern Financial Insanity
Michael Lewis - 2008
When it comes to markets, the first deadly sin is greed. In this New York Times bestseller, Michael Lewis is our jungle guide through five of the most violent and costly upheavals in recent financial history. With his trademark humor and brilliant anecdotes, Lewis paints the mood and market factors leading up to each event, weaves contemporary accounts to show what people thought was happening at the time, and, with the luxury of hindsight, analyzes what actually happened and what we should have learned from experience. .
Balance: How to Invest and Spend for Happiness, Health, and Wealth
Andrew Hallam - 2022
The Lazy Couponer: How to Save $25,000 Per Year in Just 45 Minutes Per Week with No Stockpiling, No Item Tracking, and No Sales Chasing!
Jamie Chase - 2011
Chase instructs readers on where to find coupons, how to use them, where to get the most bang for your buck, and how to start thinking like a couponer every time you make a purchase. Sound too easy? With a little practice, you'll see the savings rolling in while you live your life -- stress-free and thousands of dollars per year richer!