Cash flow is the foundation of every successful business, but investors do not have to start with their own money to build a business. Money can be made by acquiring an asset, turning an idea into a fortune, or building a business, using other peoples moneyOPM. This book will discuss different forms of OPM, how to find OPM, the consequences of using OPM, and the legal aspects and pitfalls of trying to access OPM.
The "Globe Mail's" numbered 1 Business Book of the Year!"All In, All The Time" - Low performance and high turnover is notthe result of lazy, apathetic workers. It's not about decreasingbudgets. And it's not about a terrible economy. It's aboutleadership that doesn't engage employees. In "Nine Minutes onMonday", leadership guru James Robbins argues that employeeengagement comes down to one thing: a constant dedication tomeeting the universal needs that drive performance excellence. Intoday's chaotic, high-stakes business environment, it is easy toget distracted from leadership responsibilities by focusing ontasks at hand instead of on strategy. But when you neglect to keepyour leadership priorities in front of you, everyone suffers - yourstaff, your organization and, in the end, you. Whether you lead asmall team or an entire organization, you'll discover the nine keysto raising productivity, boosting morale, and increasing employeeengagement. "Nine Minutes on Monday" combines proven engagementdrivers and pr
In The Little Book That Builds Wealth, author Pat Dorsey—theDirector of Equity Research for leading independent investmentresearch provider Morningstar, Inc.—reveals why competitiveadvantages, or economic moats, are such strong indicators of greatlong–term investments and examines four of their most commonsources: intangible assets, cost advantages, customer–switchingcosts, and network economics. Along the way, he skillfully outlinesthis proven approach and reveals how you can effectively apply itto your own investment endeavors.
Ashley Ormond's first best-selling book showed you how it's possible to give your kids $1 million dollars without it costing you a cent. In his new book, $1 Million For Life, Ashley shows you how you can apply his strategy to your own finances to make yourself a $1 million, then manage it and maximise it! Ashley's new book is not a get-rich-quick manual -- his strategy for wealth creation is sound and conservative, and involves careful money management to guarantee you a healthy income for the rest of your life. Based on a 5-step plan, which starts with owning your own house and paying it off, the book shares the secrets of maximising the opportunities offered by superannuation, investing outside super, protecting your assets and developing your money sense. The case studies and practical examples included make this road map to financial security easy to follow. $1 Million For Life will appeal to investors aged 35 to 50 who are income earning and carrying debt, but who are keen to take control of
"The Mutual Fund Industry Handbook is a remarkably important work . . . I am profoundly impressed by the broad and comprehensive sweep of information and knowledge that this book makes available to industry participants, college and business school students, and anyone else with a serious interest in this industry." A Foreword by John C. Bogle, founder of The Vanguard Group and one of the most respected leaders in the mutual fund industry, sets the stage for this authoritative book that explains the complexities of the phenomenal industry in simple terms. Investors like the fact that mutual funds offer professional management, easy diversification, liquidity, convenience, a wide range of investment choices, and regulatory protection. Mutual Fund Industry Handbook touches on all of those features and focuses on the diverse functions performed in the day-to-day operations of the mutual fund industry. You'll learn about: Front-office functions-analysis, buying, and selling. Back-office func
Guy Fraser-Sampson draws upon twenty years' private equity experience to provide a practical guide to mastering the intricacies of this highly specialist asset class. Aimed equally at investors, professionals and business school students, it starts with such fundamental questions as "what is private equity?" and progresses to detailed analysis of venture and buyout returns. It also unveils a totally new concept which looks set to revolutionise thinking in the industry: Total Return investing. Often unfairly reviled, and frequently misunderstood, private equity differs from all other asset classes in various important respects, not least in the nature and timing of its returns, which require a whole new approach for those reared on more traditional investments such as bonds and shares. This book shows how a good grasp of the basic structure of private equity vehicles and returns (including the dreaded J-curve) can lead to full understanding of the techniques needed to measure and analyse performance.
Most people come to know of Warren Buffett through his ability to generate wealth.However,as Janet Lowe reveals in her book,Warren Buffett Speaks,Buffett is more than a money-making machine.Warren Buffett Speaks is a library of notes and quotes that have been collected over the years,aimed at revealing the many aspects of the World's Greatest Investor-his wit,personality,and wisdom.The first half of the book deals with Buffett's view of life,family,and friends,while the latter half focuses on Buffett's investment philosophy and observations about the market.This book is a must for every Buffettologist.--This text refers to an out of print or unavailable edition of this title.
In Mortgage Myths, Realtor Ralph Roberts and mortgage consultant Chip Cummings take aim at the 77 mortgage myths that prevent so many would-be homeowners and real estate investors from pursuing their dreams of homeownership. You’ll learn the difference between good and bad debt, how to make mortgage approval easier and simpler, and how to use other people’s money to leverage your investments. This is the ultimate guide to getting the great deal you deserve.
Professional and managerial guide to conducting mergers and acquisitions, featuring a collection of articles from leading business scholars. Topics covered include friendly acquisition, integration managers, trade-offs in acquisitions, and who stays and who goes. Softcover. DLC: DLC: Consolidation and merger of corporations.
Getting Started in Hedge Funds, Second Edition removes the veil of secrecy surrounding hedge funds and provides investors with a complete and highly accessible introduction to the world of hedge funds. Filled with comprehensive updates and additions, Getting Started in Hedge Funds, Second Edition offers readers the latest information about this continuously growing area of finance. It outlines how hedge funds operate, guidelines for choosing a hedge fund, strategies for fund managers, new investors can get in on the action, and much more. Unlike the technology bubble of the late twentieth century, which lasted a mere three years, hedge funds are here to stay and Getting Started in Hedge Funds, Second Edition has everything readers need to know to benefit from this lucrative investment vehicle.
Activist hedge fund managers represent a small part of the $1.5 trillion hedge fund industry, but their approach is causing a stir among traditional managers and the investment community because they are shaking up the corporate establishment and making money for their investors. These types of managers are here to stay and Extreme Value Hedging tells the story of their rise to power in the U.S. and how they are spreading their influential gospel around the globe to places like China, Ukraine, South Korea and Sweden. Author Ronald D. Orol has a unique understanding of this world and through this book he shares his unparalleled insights in an easy to comprehend manner. He discusses everything from activist investor efforts to breakup the clubby insider world of corporate boardrooms to their deal-making or breaking pressure tactics and courtroom battles. Orol skillfully makes his case for each subject by offering revelations and examples from insiders like Ralph Whitworth, (Relational Investors), Guy Wyser-Prat
Hearing a lot about hedge funds lately but feel like you're in the weeds when it comes to understanding how they work? Learn all about these highly profitable and largely unregulated funds in Hedge Funds Demystified. Financial expert Scott Frush first explains the basics of hedge funds and how they are different from mutual funds. He then provides you with methods for evaluating hedge funds, strategies for low-, moderate-, and high-risk investing, and the steps you need to take to incorporate hedge funds into your portfolio. Featuring end-of-chapter quizzes and a final exam, this straightforward guide gives you the inside edge for investing in hedge funds.
A detailed look at one of today’s most secure ways to invest and protect assets 。 Swiss Annuities and Life Insurance covers all the important investment and legal aspects of the field。 Readers will learn about the key characteristics of Swiss annuities and life insurance; become familiar with frequently used terminology; and discover how investors can capitalize on these attractive products。 The book also discusses issues related to asset protection and estate planning, and answers numerous tax and reporting requirement questions for U。S。 investors。 Switzerland, one of the most attractive countries in the world to invest and to do business in, has attracted foreign investors for decades。 The financial services sector, and particularly private banking and insurance, has built a unique international reputation that attracts clients from all over the world。 Those who choose to invest with Swiss insurance companies benefit greatly from this financial expertise, where Swi
The first authoritative history of hedge funds-from their rebel beginnings to their role in defining the future of finance. Based on author Sebastian Mallaby's unprecedented access to the industry, including three hundred hours of interviews, More Money Than God tells the inside story of hedge funds, from their origins in the 1960s and 1970s to their role in the financial crisis of 2007- 2009. Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first century capitalism. Ken Griffin of Citadel started out trading convertible bonds from his dorm room at Harvard. Julian Robertson staffed his hedge fund with college athletes half his age, then he flew them to various retreats in the Rockies and raced them up the mountains. Paul Tudor Jones posed for a magazine photograph next to a killer shark and happily declared that a 1929- style crash would be "total rock-and-roll" for him. Michael Steinhardt was capable of reducing underlings to sobs. "All I want to
This edited volume offers thorough coverage of the business of investment banking, including much inside information based on the extensive professional experience of the contributors. Comprising 32 chapters, covering every facet of investment banking, from its historical origins in the U.S. to the current high-dollar activity in mergers and acquisitions. Contributors are noted businessmen and academics from the U.S., Canada, Europe, and Japan. Chapters fall into eight sections: investment banking today, raising capital, transactional activities, specialized financial instruments, tax-exempt financing, broker activities, commercial banks and investment banking, and investment banking outside the United States. Raising capital is traditionally what investment banking is all about, and the Handbook explains who does it and how it's done.
Hedge Fund Leadership skillfully explains how to assemble, motivate, and manage a group of traders within a fund and sheds much-needed light on the importance of aligning traders with the overall vision and goals of a hedge fund. Author Ari Kiev shares his perspectives on various leadership themes and discusses how a delicate balance between empowerment and control must be struck in order to enhance the performance of today s hedge fund.
"James Altucher is scary smart, and also a font of great and original ideas. So it's no surprise that SuperCa$h is so much fun to read and so devilishly informative. It is equally full of 'holy cow!' moments and 'why-didn't-I-think-of-that?' moments. A true keeper." —Stephen J. Dubner, coauthor of Freakonomics "Altucher describes in easy-to-understand terms the strategies used by the smartest managers in the world—those who are running the hottest hedge funds—to show how they are making money today. SuperCa$h is a great primer for those who are looking to trade like the pros. And it helps that Altucher writes in a clear and fun style!" —John Mauldin, President of Millennium Wave Advisors, LLC, and author of Bull's Eye Investing As hedge funds have become more mainstream, some of their strategies are less capable of producing extraordinary returns. In response, hedge fund managers and other sophisticated investors have found new ways to turn cash into supercash. Examine these
"It is a fundamentally good time to consider the strategies in this book.Macro-market timing,stock-specific approaches,money management revelations,and intermarket analysis.Even better that it is written by someone who has actually done it himself." "This book delivers a knock-out punch to investor pessimism,with an uppercut of bullishness and hard facts." "The stock market is a major stream of income and Williams clearly shows the best time and stocks to buy." "No other book on the horizon comes close to this one.Larry lets you stand on his shoulders and view the market from the vantage of a master." 作者简介: LARRY WILLIAMS is a hedge fund manager and—based on books in print—perhaps the most widely read futures author of all time.He is the unsurpassed winner of the Robbins World Cup Championship of Futures Trading,taking $10,000 to $1,100,000in less than twelve months.He has served on the Board of the National Futures Association and ran twice for the U.S.Senate in Mo
If you're an investor concerned with preserving capital,maximizing predictability,and maintaining consistently strong returns,your best solution just might surprise you: Options.In Options Trading for the Conservative Investor,Michael C.Thomsett reveals a narrow band of options strategies that can help you improve results as you systematically reduce unnecessary risk throughout your portfolio. Thomsett,author of the global best-seller Getting Started in Options,writes in simple,nontechnical language,uses real examples,and guides you through every strategy—one easy step at a time.He's made this book simple and visual enough for any experienced investor to use,even if they have no experience trading options.Thomsett is also the author of Stock Profits: Getting to the Core (Financial Times-Prentice Hall 2004),The Leaps Strategist (Marketplace Books 2004),and Investment and Securities Dictionary (McFarland & Company 1986). Thomsett systematically covers several options strategies optimized for conse
One of the most significant challenges facing today’s active investor is how to make money during the times when markets are going nowhere. Bookshelves are groaning under the weight of titles written on investment strategy in bull markets, but there is little guidance on how to invest in range bound markets. In this book, author and respected investment portfolio manager Vitaliy Katsenelson makes a convincing case for range-bound market conditions and offers readers a practical strategy for proactive investing that improves profits. This guide provides investors with the know-how to modify the traditional, fundamentally driven strategies that they have become so accustomed to using in bull markets, so that they can work in range bound markets. It offers new approaches to margin of safety and presents terrific insights into buy and sell disciplines, international investing, "Quality, Valuation, and Growth" framework, and much more. Vitaliy Katsenelson, CFA (Denver, CO) has been involved with the inves
Monster Stocks gives you the expert guidance you need to add the explosive power of breakout stocks to your portfolio. You'll find everything you need to consistently spot stocks that have the potential to at the very least, double in value in a year or less - and change your life forever! Delivered in clear, concise language by market researcher John Boik, Monster Stocks gives you the tools you need to land super-performing stocks and handle them for maximum profit, market cycle after market cycle. Boik mines the history of the market to uncover the common conditions that must be in place for monster stocks to materialize. You'll learn how to easily identify these trends with the help of real-world monster stock case studies, from Yahoo! and Schwab to Apple, Broadcom, and many more.
This book gives an introduction to the bond markets for practitioners and new entrants who need to understand what they are, how they work and how they can be used, but do not want to be intimidated by mathematical formulae. By the end of the book readers will be able to decide whether to invest in the bond market. The mathematical formulae will be relegated to the appendices and supplemented by a companion website which allows users to enter their own bond market investments, to simulate anticipated events and see the results. Patrick Brown is well-known as Chairman of the European Bond commission (recently retired). The only bond book that does not rely heavily on mathematical formulae.
"In a sea of snake oil and get-rich-quick nonsense about fast money on the Internet from people who haven't really done it, O'Bryan's book is a ship of sanity to an island of commonsense e-commerce? This works." —Mark Joyner, Wall Street Journal bestselling author of Simple.ology "The Internet has leveled the playing field, making it possible for anybody to start a business. O'Bryan, however, has given us the easy-to-follow instruction manual on how to first discover your niche and then build it into a big enterprise that can run itself from almost anywhere-all from his successful and proven formulas. A great book for anybody serious about a better quality of life." —Joseph Sugarman, Chairman, BluBlocker Sunglass Corporation "This amazing book can free all working people to make money doing what they truly love!" —Dr. Joe Vitale, author of The Attractor Factor and Zero Limits "I know O'Bryan
Comprehensive coverage of what it takes to be a responsible member of an investment committee In a clear, organized, and easy-to-understand manner, this handbook explains the responsibilities and expectations of investment committee fiduciaries for pension funds, endowment funds, and foundations. Emphasizing all the do's and don'ts to follow for prudent investment management, this invaluable resource covers topics ranging from investment policy, asset allocation, and risk assessment to understanding information presented at committee meetings, asking meaningful and productive questions, and voting on recommendations knowledgeably. 作者简介: RUSSELL L. OLSON, a consultant on institutional investing, retired in 2000 as the director of pension investments worldwide for Eastman Kodak. He had overseen Kodak's pension funds since 1972. Over the last thirty years, Olson also worked with a range of endowment funds. He was named one of America's nine best pension officers by Institutional Investor magaz