Sound investment basics. Valueinvesting concentrates on business tangibles and common sense. Thisguide explains these strategies in clear, jargon-free terms, andgives advice on: the importance of knowing the four major parts ofa company?’s annual report and how to read them, how to listen forinsights into the company plans and performance during the CEO?’sdiscussion with analysts, and major strategic investment policiesthat drive value investing and how to select the one right for yourgoals. ?· From an expert financial writer ?· Red-hot investment strategy in this troubled financialclimate ?· Billionaire gurus like Warren Buffet advocate valueinvesting
Open the pages of the Fifth Edition of Essentials of Investments and you will clearly understand that the author team of Zvi Bodie,Alex Kane,and Alan Marcus if Committed to providign you the Material you need to Understand today's investments environment.
How can individual investors sort through the technical talk of Wall Street analysts, avoid self-serving nonsense, and find the gems that will guide them to the right stocks at the right time? Based on years of experience and extensive statistical analysis, Mitch Zacks' proven formulas allow the average investor to invest like pro.
Stock options have been much maligned recently, mainly because of fatcat executives who've cashed them in for millions, before the share price tanks and average shareholders suffer. But stock options can be a very good thing if handled correctly, say Rutgers University professors Blasi and Kruse and BusinessWeek editor Bernstein. They make the argument for why options-offered to all employees, not just upper-level execs-are a serious boon, "bringing about a more productive company and, ultimately, rewarding employees and outside shareholders alike." The book does seem a bit quaint at times, such as when it talks about how Silicon Valley types have got it right when it comes to options. (Many of those high-tech firms, of course, are either defunct or fighting for their lives.) The pace is somewhat plodding, as the authors recount company strategies and cite various studies, but the introduction and conclusion focus on sexier, newsier issues such as the "option-induced avarice" that led CEOs to jimmy company nu
A graduate of Duke University in 2002 and an analyst for J.P. Morgan for a few years after that， Dana Vachon is a writing wunderkind along the lines of Jay McInerney in Bright Lights， Big City and Bret Easton Ellis in Less Than Zero。 However， the similarity ends with the theme of young guys on the razzle， because Vachon’s protagonist， unlike his predecessors， observes and learns without falling into the honey pot。 Tommy Quinn graduates from Georgetown and lands a job with J.S. Spenser， an investment banking firm。 His major was Interdisciplinary Studies， a kind of Liberal Arts wastebasket， and he knows nothing about finance。 In the brain-deadening Spenser training program he hooks up with Roger Thorne， a really crass human being， but one who knows all the moves。 The genesis of the friendship sets the tone rather well： They are both wearing Gucci loafers and Rolex watches。 The story begins at Roger’s engagement party， with Tommy waiting for his erstwhile girlfrie
The inside story of one of the world's most powerful financialInstitutions Now with a new foreword and final chapter, The Partnershipchronicles the most important periods in Goldman Sachs's historyand the individuals who built one of the world's largest investmentbanks. Charles D. Ellis, who worked as a strategy consultant toGoldman Sachs for more than thirty years, reveals the secretsbehind the firm's continued success through many life-threateningchanges. Disgraced and nearly destroyed in 1929, Goldman Sachslimped along as a break-even operation through the Depression andWWII. But with only one special service and one improbable banker,it began the stage-by-stage rise that took the firm to globalleadership, even in the face of the world-wide credit crisis.
The Last Partnerships narrates the rise and fall of the great financial houses--from the "Yankee Bankers" at the turn of the 19th century, up to Goldman Sachs's historic IPO in 1999-- tracing their origins, their successes and failures over the years, and the reasons for their ultimate demise.
Investing is governed by unofficial rules, passed to investors through brokers, the financial press, and even fellow investors. For more than a decade, in two previous editions, Stock Market Rules has helped investors separate the most valuable of these maxims from the meaningless and even potentially harmful. But with recent market turbulence and scandals blindsiding millions of investors, the time has come for a new, updated edition.
Michael Moe was one of the first research analysts to identifyStarbucks as a huge opportunity following its IPO in 1992. And formore than fifteen years, he has made great calls on many otherstocks, earning a reputation as one of today’s most insightfulmarket experts. Now he shows how winners like Dell, eBay, and Home Depot couldhave been spotted in their start-up phase, and how you can findWall Street’s future giants. He forecasts the sectors with thegreatest potential for growth, and explains his four Ps of futuresuperstars: great people, leading product, huge potential, andpredictability. Moe also includes interviews with some of the biggest names inbusiness—like Howard Schultz, Bill Campbell, and Michael Milken—whoreveal their own insights into how they discover the stars oftomorrow.
Even with all the ups and downs, the stock marketis still one of the best places to invest your money, espe- ciallyif you're willing to stay in the market for a while. This helpful guide is the next best thing to a per- sonal stockbroker, taking you step by step through the exciting but oftenoverwhelming process of stock investing, helping even the mostnovice investor feel like a veteran trader. In it, you get: · A primer on the stock market, how it works today, thedifferent ways you can invest in it, and the risks associated witheach. · A comparison of investing versus trading, including daytrading, and tips for building a diversified stock portfolio. · Advice on finding and evaluating the financialstatements, industry climate, and other infor- mation for a companyoffering stock before you invest. · Guidance on finding a broker or going it alone, orderingstock, maximizing your investment, and minimizing your chances forloss. · Pointers for evaluating how your stoc
How do you get in on those deals--especially if you're not a Silicon Valley insider? How do you buy the high-tech win-ners and avoid the losers? How do you find the Yahoo!s, Microsofts, and Ciscos of tomorrow? The answers are here, in this newly revised edition of the national bestseller The Gorilla Game. The book reveals the dynamics driving the market for high-tech stocks and out-lines the forces that catapult a select number of compa-nies to "gorilla" status--dominating the markets they serve in the way that Yahoo! dominates internet portals, Microsoft dominates software operating systems, and Cisco dominates hardware for data networks. Follow the rules of The Gorilla Game and you will learn how to identify and invest in the "gorilla candidates" early on--while they are still fighting for dominance, and while their stocks are still cheap. When the dust clears and one company clearly attains leadership in its market, you'll reap the enormous returns that foresighted investors in high-tech companie
As soon as the financial crisis erupted, the finger-pointingbegan. Should the blame fall on greedy traders, lazy regulators, orclueless home buyers? According to Bethany McLean, author of thebestselling Enron book "The Smartest Guys in the Room", and JoeNocera, the star "New York Times" columnist, the real answer is allof the above. Many devils helped bring hell to the economy. Yetdespite all the analysis of the crash, no one has put all thepieces together and named those responsible. Until now.
The definitive guide to buying and selling … The Pocket Idiot’s Guide to Investing in Stocks coverseverything readers need to know to take advantage of the long- andshort-term opportunities in the equities market, including howstocks stack up against other forms of investing, a tour of themajor U.S. exchanges, choosing an investment style, and much more.In addition, the book covers the investment strategies andphilosophies of some of Wall Street’s most successful investors. Anappendix contains the contact information for all the majorfull-service and discount brokers.
The first authoritative history of hedge funds-fromtheir rebel beginnings to their role in defining the future offinance. Based on author Sebastian Mallaby's unprecedentedaccess to the industry, including three hundred hours ofinterviews, More Money Than God tells the inside story ofhedge funds, from their origins in the 1960s and 1970s to theirrole in the financial crisis of 2007- 2009. Wealthy, powerful, and potentially dangerous, hedge fund mogulshave become the It Boys of twenty-first?century capitalism. KenGriffin of Citadel started out trading convertible bonds from hisdorm room at Harvard. Julian Robertson staffed his hedge fund withcollege athletes half his age, then he flew them to variousretreats in the Rockies and raced them up the mountains. Paul TudorJones posed for a magazine photograph next to a killer shark andhappily declared that a 1929- style crash would be "totalrock-and-roll" for him. Michael Steinhardt was capable of reducingunderlings to sobs. "All I want to do is kill myself,"
Over the past quarter century, Understanding Wall Street has helped everyone from rookie investors to Wall Street veterans understand exactly how the market works and how to determine which stocks to buy ... and which to avoid. The fourth edition of this top-selling guide--still as easy-to-read, practical, and comprehensive as the first three--has been completely updated to help investors prosper in today's new, no-limits marketplace.
For the first time, business journalist Janet Lowe provides alively and lucid introduction to financial genius Benjamin Graham'sinvestment theories, presented in terms of both his life and hiswork.
A penny saved may be a penny earned, but a penny invested canbe even more. In this financial crisis, old advice about equities, mutualfunds, commodities, and real estate may no longer hold. Here is afresh look at all aspects of investing to help readers protect andgrow their wealth. This edition includes the most currentinformation on: corporate fundamentals; the sub-prime crisis andits effects; practical tools for evaluating mutual funds; adviceabout riding the equity market; and the use of Exchange TradedFunds.
Now updated—the classic guide that teaches women how to takecontrol of their own finances When this groundbreaking yet compassionate book was firstpublished ten years ago, it lifted a veil on women’s resistance tomanaging their money, revealing that many were still waiting for aprince to rescue them financially. In this revised edition, whichreflects our present-day economic world, Barbara Stanny inspiresreaders to take charge of their money and their lives. Filled withreal-life success stories and practical advice—from tips onidentifying the factors that keep women fearful and dependent tochecklists and steps for overcoming them—this book is the next bestthing to having one’s own financial coach.
It’s refreshing to encounter a title about world-famous investment wizard Warren Buffett that doesn’t paint him as a superhero. Despite his many successes, Buffett has made mistakes and not always taken the right steps, as recounted in this measured, objective account that scrutinizes Buffett’s techniques and presents investment fundamentals and strategies. Unfortunately, Casella’s reading is somewhat lackluster. His careful, almost phonetic enunciation of some phrases and sentences makes it seem as if he is seeing the text for the first time. Although monotonous might be too strong a word, his performance could use a little more spark. Casual listeners may tune out, but those who stick with this “penetrating look at Buffett” will gain insight into the respected businessman and learn more about investment strategies.
