Marquee private equity firms such as Blackstone Group, CarlyleGroup, and Kohlberg Kravis Roberts have grown bigger and morepowerful than ever. They have also become the nation's largestemployers through the businesses they own. Journalist Josh Kosmanexplores private equity's explosive growth and shows how its baronswring profits at the expense of the long-term health of theircompanies. He argues that excessive debt and mismanagement willlikely trigger another economic meltdown within the next fiveyears, wiping out up to two million jobs. He also explores the links between the private equity elite andWashington power players, who have helped them escape governmentscrutiny. The result is a timely book with an important warning forus all.
The essential stock market guide updated with timelystrategies for investing after the crash Now in its fourth edition, Jason Kelly's The Neatest LittleGuide to Stock Market Investing has established itself as aclear, concise, and highly effective guide for investing in stocks.This comprehensively updated edition contains tried-and-trueinvestment principles to teach investors how to create and refine aprofitable investment program. New strategies and contentinclude: ?Basic tips on when to invest and how to reduce the amount of riskin this turbulent market ?A new core portfolio technique that shows readers a way to achieve3 percent quarterly performance with the IJR exchange-tradedfund ?An exclusive interview with legendary Legg Mason investmentcounselor, Bill Miller, including his thoughts on the financialcrash of 2008 Accessible and intelligent, The Neatest Little Guide to StockMarket Investing is what every investor needs to keep pace inthe current market.
Fully updated—the popular guide for young investors who wantto take control of their financial future A lot has changed since Investing from Scratch first appeared,and this revised edition takes it all into account for those intheir 20s and 30s who are hoping to invest their way to wealth. Ina straightforward style backed by useful charts and graphs, financeexpert James Lowell makes it clear that you don’t need to be richto become that way in the market. Readers will learn how to: create a budget they can live and invest with select the most appropriate investments design a mutual fund portfolio, and much more With easy-to-understand definitions of essential terms,up-to-date post–"Internet bubble" strategies, and fully revisedcharts and graphs, Investing from Scratch is an invaluable resourcefor future investors.
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.
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
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.
Is your investment in that new Internet stock a sign of stockmarket savvy or an act of peculiarly American speculative folly?How has the psychology of investing changed--and not changed--overthe last five hundred years? Edward Chancellor examines the natureof speculation--from medieval Europe to the Tulip mania of the1630s to today's Internet stock craze. A contributing writer to The Financial Times and The Economist , Chancellorlooks at both the psychological and economic forces that drivepeople to "bet" their money in markets; how markets are made,unmade, and manipulated; and who wins when speculation runsrampant. Drawing colorfully on the words of such speculators as SirIsaac Newton, Daniel Defoe, Ivan Boesky, and Hillary RodhamClinton, Devil Take the Hindmost is part history, partsocial science, and purely illuminating: an erudite and hugelyentertaining book that is more timely today than ever before.
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.
From the jungles of the trading [loot to thecasinos of bas Vogas, The bia Short tells the outrageous story ofthe misfits, renegades and visionaries who saw tha.t the biggesteredit bubble of all time was about to burst, bet against thebanking system and made, a killing.
Jim Rogers, whose entertaining accounts of his travels around the world -- studying the markets from Russia to Singapore from the ground up-- has enthralled readers, investors and Wall Street aficionados for two decades in such books as Investment Biker, Adventure Capitalist, Hot Commodities and A Bull In China . In his engaging memoir Street Smarts, Rogers offers pithy commentary from a lifetime of adventure, from his early years growing up a na?ve kid in Demopolis, Alabama, to his fledgling career on Wall Street, to his cofounding the wildly successful Quantum Fund. Rogers always had a restless curiosity to experience and understand the world around him. In Street Smarts, he takes us through the highlights of his life in the financial markets, from his school days at Yale and Oxford -- where despite the fact that he didn’t have enough money to afford the appropriate pair of shoes, he coxed the crew and helped to win the Oxford-Cambridge Boat Race as well as the Thames Cup, the first of h
Perino recounts in riveting detail the 1933 hearings that putWall Street on trial for the Great Crash. Never before in Americanhistory had so many financial titans been called to account beforethe public, and they had come within a few weeks of emergingunscathed.
Lynch is the master stock picker who led Magellan (until May 1990) to its position as America's biggest mutual fund. In One Up on Wall Street (Simon & Schuster, 1989), also written with Rothchild, he described his winning methods. Here, he provides a few more elaborations and 21 "Peter's principles." Some are overly clever, e.g., being first in line is a great idea except on the edge of a cliff. Lynch takes three chapters to explain how he "done it good" at Magellan. One valuable chapter details methods for picking a mutual fund from the thousands available, but most of the book is devoted to demonstrating his research into picking the 21 stocks he recommended in the January 1992 Barron's roundtable. Still, since the average investor will not get to talk to the CEO or visit the company in person, maybe we should all just buy Lynch's recommendations each year. A tossup. Previewed in Prepub Alert, LJ 11/1/92. - Alex Wenner, Indiana Univ. Libs., Bloomington
The time was the1980s. The place was Wall Street. The game was called Liar’sPoker. Michael Lewis wasfresh out of Princeton and the London School of Economics when helanded a job at Salomon Brothers, one of Wall Street’s premierinvestment firms. During the next three years, Lewis rose fromcallow trainee to bond salesman, raking in millions for the firmand cashing in on a modern-day gold rush. Liar’s Poker is theculmination of those heady, frenzied years—a behind-the-scenes lookat a unique and turbulent time in American business. From thefrat-boy camaraderie of the forty-first-floor trading room to thekiller instinct that made ambitious young men gamble everything ona high-stakes game of bluffing and deception, here is MichaelLewis’s knowing and hilarious insider’s account of an unprecedentedera of greed, gluttony, and outrageous fortune.
For investors at all levels. Completely updated, this practical guide has the informationinvestors need to keep up in the complex, fast-paced, and highlyprofitable world of options and futures, where everything is inplay—from oil to diamonds, poultry to vaccines, franchises tocoffee. ? Provides cutting edge information on energy futures andoptions ? Tools for creating flexible strategies that can move with thetimes ? New information on the solid standbys like livestock, preciousmetals, and equities ? Keyed to the new realities of the global economy, making thisbook vital for investors at all levels ? Highly respected expert author
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
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.
What Are You Waiting For? This book will change the way you think about investing-and theresults will prove it! "This is the simple hands-on, how-to and why book many readershave been looking for." -Scott Burns, syndicated columnist Daniel Solin cuts through the financial hype to show you exactlyhow to invest-with an easy-to-follow four-step plan that lets youcreate and monitor your investment portfolio in ninety minutes orless...and put your investment earnings in the top 5 percent of allprofessionally managed money. If you want to gamble, go to Las Vegas-or try stock picking andmarket timing. If you want to be a Smart Investor, follow thiseffortless and effective plan. "The Smartest Investment Book You'll Ever Read will provide theenlightenment and gumption to free yourself from the clutches ofthe investment industry and the wisdom and direction necessary toget yourself back on track." -William Bernstein, author of A Splendid Exchange and The FourPillars of Investing
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 New York Times bestseller...now with a newintroduction by the author. Financial planner and broker Julie Stav has been helping womenget rich for years. Now she offers her hands-on techniques andinspiring advice in a book that simplifies the stock market andputs a new world of wealth within reach. And with updatedinformation--including current examples, the hottest new websites,and more--this smart, sensible, and down-to-earth book is the idealguide for women who want to invest in their dreams.
Investment bankers used to be known as respectful of theirclients, loyal to their firms, and chary of the financial systemthat allowed them to prosper. What happened? From his prestigiousWall Street perches at Goldman Sachs and Morgan Stanley, JonathanA. Knee witnessed firsthand the lavish deal-making of thefreewheeling nineties, when bankers rode the wave of the Interneteconomy, often by devil-may-care means. By the turn of thetwenty-first century, the bubble burst and the industry was in freefall. Told with biting humor and unflinching honesty, populatedwith power players, back-stabbers, and gazillionaires, "TheAccidental Investment Banker "is Knee's exhilarating insider'saccount of this boom-and-bust anything-goes era, when fortunes weremade and reputations were lost. "A rare, ringside seat inside themadcap and often egomaniacal world of Wall Street's Masters of theUniverse . . . For would-be bankers, the book is an excellentprimer on what it's really like; for current bankers it will be aguilty pleasure.
