Many investors, including some with substantial portfolios, have only the sketchiest idea of how the stock market works. The reason, say Lynch and Rothchild, is that the basics of investing -- the fundamentals of our economic system and what they have to do with the stock market -- aren't taught in school. At a time when individuals have to make important decisions about saving for college and 401(k) retirement funds, this failure to provide a basic education in investing can have tragic consequences. For those who know what to look for, investment opportunities are everywhere. The average high-school student is familiar with Nike, Reebok, McDonald's, the Gap, and the Body Shop. Nearly every teenager in America drinks Coke or Pepsi, but only a very few own shares in either company or even understand how to buy them. Every student studies American history, but few realize that our country was settled by European colonists financed by public companies in England and Holland -- and the basic principles behi
As many investors know, gold is a “safe-haven” asset that can actually increase in value during stock market slides and times of recession. But what else do you really know about this commodity? Are you taking full advantage of it? Do you know how to work it into your overall investment strategy? This detailed tutorial provides you with a comprehensive understanding of gold, from mine to market. Jonathan Spall, a 25-year veteran of the metals market, explains everything you'll need to know for making gold a profitable part of your investment strategy. Investing in Gold gives you an inside look at how the precious metal is mined, refined, traded, and priced, along with valuable insight into gold's unique position in the marketplace. Spall explores such topics as: Simple and complex gold trading processes The pivotal role central banks play in the gold market Gold exchange traded funds (ETFs) How spot gold is traded Why gold mining companies have traditionally hedged
This text, the follow-up to "Rich Dad, Poor Dad" reveals why some people work less, earn more, pay less in taxes, and feel more financially secure than others. The author argues that it is simply a matter of knowing which quadrant to work from and when. Have you ever wondered: What is the difference between an employee and a business owner?; Why do some investors make money with little risk while most other investors just break even?; Why do most employees go from job to job while others quit their jobs and go on to build business empires?; Why, in the Industrial Age, did most parents want their children to become medical doctors, accountants, or attorneys. and why, in the Information Age, are these professions under financial attack? Many of the brightest graduates from our universities want to work for college dropouts. Dropouts such as Bill Gates, Richard Branson, Michael Dell and Ted Turner; dropouts who today are the mega-rich of society. This book explores these questions and issues to assist in guiding
In The Little Book of Bull Moves , popular author andeconomic advisor, Peter Schiff, takes a new look at America's bullmarkets of the 1920's, 1960's, and 1990's, and the bear marketsthat followed. Analyzing similarities and differences from both aneconomic and political perspective, Schiff discusses investmentstrategies that worked then and explains how those sameconservative approaches to investing can be applied in today'smarket. Provides detailed advice on the techniques and strategies thatcan help investors maintain and even build wealth now and in theturbulent times that lie just ahead Filled with insightful commentary, inventive metaphors, andpre*ive advice Other titles by Schiff: Crash Proof: How to Profit From theComing Economic Collapse, and The Little Book of Bull Movesin Bear Markets Written by a seasoned Wall Street prognosticator, TheLittle Book of Bull Moves shows readers how to make money underadverse market conditions by using conservative, nontraditionalinvestment
The True Life Story and Time-Tested Strategies of the World’sGreatest Trader "Excellent read! Captures the spirit and times of JesseLivermore, legendary trader. The book tracks two major marketcrashes, love affairs, the shooting of Jesse Jr. by his mother, andtwo family suicides. . . . Never a dull moment." –Ace Greenberg,Chairman, Bear Stearns "Terrific. I started reading it when we took off from Seoul’sKimbo Airport on my way to Germany. By the time we reachedNovosibirsk, Russia . . . I had finished it. I just couldn’t put itdown! Not only is it a great lesson in investing and trading, it’sa fascinating psychological study of what makes a great speculatortick. The rise and fall of a great speculator as well as the riseand fall of his family is great reading. The fact that it is basedon interviews with Livermore’s survivors and witnesses to theevents makes it even more interesting. Great writing."–Mark Mobius,Managing Director, Templeton Asset Management "As one of the
The world is facing many challenges and one of them is financial. The entitlement mentality is epidemic, creating people who expect their countries, employers, or families to take care of them. Donald Trump and Robert Kiyosaki, both successful businessmen, are natural teachers and have joined forces to address these challenges. They believe you cannot solve money problems with money. You can only solve money problems with financial education. Trump and Kiyosaki want to teach you to be rich.
Like the sayings of the ancient Chinese philosopher Lao-tzu inthe Tao Te Ching, Warren Buffett's worldly wisdom is deceptivelysimple and enormously powerful in application. In The Tao of WarrenBuffett, Mary Buffett joins noted Buffetologist and internationallecturer David Clark to bring you Warren Buffett's smartest,funniest and most memorable sayings, with an eye towards revealingthe life philosophies and the investment strategies that have madehim the world's most successful investor -- and the world's richestman. From serious investors to chronic over-spenders, this book canteach everyone some secrets of success.
In late January, 2009, Robert Kiyosaki launched CONSPIRACY OF THE RICH - a free online book which was written in serial basis to help people understand how the current recession came about, and what they need to learn on how to survive through the coming rough years. An unprecedented publishing event for Kiyosaki and The Rich Dad Company, CONSPIRACY OF THE RICH is an interactive, "Wiki-style" project in which Kiyosaki has invited feedback, commentary, and questions from readers across the globe. The response so far has been totally fantastic. Millions and millions of readers have flocked to the website (www.conspiracyoftherich.com) to read what Robert has to say about the recession, and the readers have posted thousands of comments. Some of those reader comments will even be included in the final tradepaper version.
RICH DAD POOR DAD will... Exploding the myth that you need to earn a high income to be rich Challenging the belief that your house is an asset Showing parents why they can't rely on the school system to teach their kids about money Defining once and for all an asset versus a liability ·teach you what to teach your kids about money for their future financial success
Janet Tavakoli takes you into the world of Warren Buffett by way of the recent mortgage meltdown. In correspondence and discussion with him over 2 years, they both saw the writing on the wall, made clear by the implosion of Bear Stearns. Tavakoli, in clear and engaging prose, explains how the credit mess happened beginning with the mortgage lending Ponzi schemes funded by investment banks, the Fed bailout and its impact on the dollar. Through her narrative, we hear from Warren Buffett and learn how his enduring principles caused him to see the mess that was coming well in advance and kept him and his investors well out of the way.
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.
Despite financial turmoil, Goldman Sachs remain the leading investment bank in their field. They are notorious for their unique management culture, unorthodox recruiting techniques - and for their secrecy. In "The Partnership" Charles Ellis reveals their story. With unparalleled access to the leadership of this famously close-knit firm, Ellis investigates the brilliant individuals who turned a marginal family business into a global powerhouse, weathering recession, scandal and disaster on the way. Among them are high school dropout and financial genius Sidney Weinberg, maverick reinventor John Whitehead, former US treasury secretary Hank Paulson and working-class New Yorker turned current CEO, Lloyd Blankfein. "The Partnership" reveals the shared values of intensive recruitment, discipline and talent that have tied Goldman Sachs' people together - and made it a survivor.
The classic guide to constructing a solid portfolio— with out afinancial advisor! “With relatively little effort, you can design and assemble aninvestment portfolio that, because of its wide diversification andminimal expenses, will prove superior to the most professionallymanaged accounts. Great intelligence and good luck are notrequired.” William Bernstein’s commonsense approach toportfolio construction has served investors well during the pastturbulent decade—and it’s what made The Four Pillars of Investingan instant classic when it was first published nearly a decadeago. This down-to-earth book lays out ineasy-to-understand prose the four essential topics that everyinvestor must master: the relationship of risk and reward, thehistory of the market, the psychology of the investor and themarket, and the folly of taking financial advice from investmentsalespeople. Bernstein pulls back the curtain to reveal whatreally goes on in today’s financial industry as he outlines asimple prog
A golden investing opportunity you can't afford to miss! As most investors know, gold is a "safe haven" asset that canactually increase in value during stock market slumps andrecessions. But what else do you really know about thiscommodity? Are you taking full advantage of it? Do you know how to work itinto your overall investment strategy? How to Profit in Gold is acomprehensive tutorial on making gold a profi table part of yourinvestment strategy. Jonathan Spall, a 25-year veteran of the precious metals market,provides an inside look at how the precious metal is traded andpriced, along with valuable insight into gold's unique position inthe marketplace. Filled with practical advice designed to help youget started right away, How to Profit in Gold explores such topicsas: Simple and complex gold trading processes The pivotal role central banks play in the gold market Goldexchange-traded funds (ETFs) How spot gold is traded Why gold mining companies have traditi
"This book deserves a place on every serious investor’sshelf." –FINANCIAL TIMES "A must-read for all disciples of value investing. In 1934,Graham and Dodd created fundamental security analysis. Greenwaldreinforces the worth of this approach, incorporates new advances,and takes their work into the twenty-first century." –Mario J. Gabelli, Chairman, Gabelli Asset Management, Inc. "The new title most deserving of your time is Value Investing . .. . Its authors aim to place their work next to Benjamin Graham’s1950 classic, The Intelligent Investor. My 1986 edition came withWarren Buffett’s endorsement–‘by far the best book on investingever written.’ Value Investing is better." –Robert Barker, BusinessWeek "Greenwald is an economist (PhD from MIT) who caught the valuebug. He has updated and expanded Graham’s ideas, and his summerseminars ($2,900 for two days) have become popular with everyonefrom well-known money managers to Columbia MBAs who couldn’
Throughout history, mergers and acquisitions have been the major game played on Wall Street. These deals have had far-reaching effects, on the worlds of finance and industry - more than most commentators or financiers are publicly willing to admit. Deals of the Century captures this dynamic moment in history by taking an in-depth look at the most notable merger and acquisition deals of the twentieth of Carnegie Steel in 1901 to the creation of the former AOL Time Warner, renowned business historian and bestselling author Charles Geisst traces the deals that have had the most dramatic impact on the worlds of both finance and industry over the past century. Decade by decade, you'll be introduced to the personalities behind each event, as industries are built, dismantled, and reorganized by "professionals" driven mainly by the profits extracted from the deals themselves. Engaging and informative, Deals of the Century paints an exciting portrait of the incredible M&A journey and illustrates how many of
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.
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.
The bestselling author of Investment Biker is back from the ultimate road trip: a three-year drive around the world that would ultimately set the Guinness record for the longest continuous car journey. Behind the wheel of a yellow, custom-built Mercedes, Rogers and his fianc6e, began their“Millennium Adventure”on January 1, 1999, from Iceland. They traveled through 116 countries, including many where most have rarely ventured, such as Saudi Arabia, Myanmar, Angola,Sudan, Congo, Colombia, and East Timor. They drove through war zones, deserts, jungles, epidemics, and blizzards, and had many narrow escapes, but they saw the real world from the ground up-the only vantage point from which it can be truly understood- economically,politically, and socially. 作者简介: Born in 1942,JIM ROGERS had his first iob at age five,picking up bottles at baseball games.Winning a scholarship to Yale,Rogers was coxswain on the crew.Upon graduation,he attended Balliol College at Oxfor
In The Millionaire Next Door, read by Cotter Smith, Stanley (Marketing to the Affluent) and Danko (marketing, SUNY at Albany) summarize findings from their research into the key characteristics that explain how the elite club of millionaires have become "wealthy." Focusing on those with a net worth of at least $1 million, their surprising results reveal fundamental qualities of this group that are diametrically opposed to today's earn-and-consume culture, including living below their means, allocating funds efficiently in ways that build wealth, ignoring conspicuous consumption, being proficient in targeting marketing opportunities, and choosing the "right" occupation. It's evident that anyone can accumulate wealth, if they are disciplined enough, determined to persevere, and have the merest of luck. In The Millionaire Mind, an excellent follow-up to the highly successful first analysis of how ordinary folks can accumulate wealth, Stanley interviews many more participants in a much more comprehensive study of
FIASCO is the shocking story of one man's education in thejungles of Wall Street. As a young derivatives salesman at MorganStanley, Frank Partnoy learned to buy and sell billions of dollarsworth of securities that were so complex many traders themselvesdidn't understand them. In his behind-the-scenes look at thetrading floor and the offices of one of the world's top investmentfirms, Partnoy recounts the macho attitudes and fiercelycompetitive ploys of his office mates. And he takes us to theannual drunken skeet-shooting competition, FIASCO, where he and hiscolleagues sharpen the killer instincts they are encouraged to useagainst their competitiors, their clients, and each other. FIASCO is the first book to take on the derivatves tradingindustry--the most highly charged and risky sector of the stockmarket. More importantly, it is a blistering indictment of thelargely unregulated market in derivatives and serves as a warningto unwary investors about real fiascos, which have cost billions ofdollars.
Build profits even in the worst of times with the methods ofa Technical Analysis legend "Deemer on Technical Analysis willbecome an instant investment book classic." --Douglas A. Kass,Seabreeze Partners Management, Inc. "Serving on the front lines ofthis investment discipline for the past 40 years with some of themost influential investors of our time, Deemer provides a front-rowseat on some fascinating history, rich with insights and anecdotesand, of course, loaded with wisdom. His true gift is making thearcane world of technical analysis accessible and relevant to allinvestors. If Warren Buffett is the Oracle of Omaha, Deemer is theProphet of Port St. Lucie." --Sandra Ward, Senior Editor,Barron's/p "I have had the great pleasure of working with andgetting to know some of the greatest technical analysts throughoutthe past 50 years. Walt Deemer is widely recognized as one of thebest. His charm and wit in explaining the keys to successfulinvesting will make [this] book a must-read and an all-time class