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.
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
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.
Offering a straightforward, non-intimidating approach tolearning investing, this book gives beginner investors theknowledge they need to understand documentation and investingconcepts--from key terms to complicated interest-bearingaccounts.
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
From America's liveliest writer on mathematics, a witty andinsightful book on the stock market and the irrepressibility of ourdreams of wealth. In A Mathematician Plays the Stock Marketbest-selling author John Allen Paulos demonstrates what the toolsof mathematics can tell us about the vagaries of the stock market.Employing his trademark stories, vignettes, paradoxes, and puzzles(and even a film treatment), Paulos addresses every thinkingreader's curiosity about the market: Is it efficient? Is itrational? Is there anything to technical analysis, fundamentalanalysis, and other supposedly time-tested methods of pickingstocks? How can one quantify risk? What are the most common scams?What light do fractals, network theory, and common psychologicalfoibles shed on investor behavior? Are there any approaches toinvesting that truly outperform the major indexes? Can a deeperknowledge of mathematics help beat the odds? All of these questionsare explored with the engaging erudition that made Paulos's AMathematic
The international bestseller on the extent to which personalfreedom has been eroded by government regulations and agencieswhile personal prosperity has been undermined by governmentspending and economic controls. New Foreword by the Authors;Index.
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.
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,"
Moneyball is a quest for the secret of success in baseball.Following the low-budget Oakland Athletics, their larger-than-lifegeneral manger, Billy Beane, and the strange brotherhood of amateurbaseball enthusiasts, Michael Lewis has written not only "thesingle most influential baseball book ever" (Rob Neyer, Slate) butalso what "may be the best book ever written on business" (WeeklyStandard). I wrote this book because I fell in love with a story.The story concerned a small group of undervalued professionalbaseball players and executives, many of whom had been rejected asunfit for the big leagues, who had turned themselves into one ofthe most successful franchises in Major League Baseball. But theidea for the book came well before I had good reason to writeit-before I had a story to fall in love with. It began, really,with an innocent question: how did one of the poorest teams inbaseball, the Oakland Athletics, win so many games? With thesewords Michael Lewis launches us into the funniest, smartest, andm
How can you construct a financial investment strategy toprotect yourself … yet still get the growth to ensure a solidfinancial future and comfortable retirement during these turbulenttimes? By building an investing safety net that gives you the gainsneeded for growth – though more modest than those of past years –but protection against the downside. So when turbulencestrikes again – and it will – you won’t re-live the financialnightmares of recent years when portfolios and 401Ks weredevastated.
By day he made thousands of dollars a minute. By night hespent it as fast as he could, on drugs, sex, and internationalglobe-trotting. From the binge that sank a 170-foot motor yacht,crashed a Gulfstream jet, and ran up a $700,000 hotel tab, to thewife and kids who waited for him at home, and the fast-talking,hard-partying young stockbrokers who called him king and did hisbidding, here, in his own inimitable words, is the story of theill-fated genius they called… In the 1990s Jordan Belfort, former kingpin of the notoriousinvestment firm Stratton Oakmont, became one of the most infamousnames in American finance: a brilliant, conniving stock-chopper wholed his merry mob on a wild ride out of the canyons of Wall Streetand into a massive office on Long Island. Now, in this astoundingand hilarious tell-all autobiography, Belfort narrates a story ofgreed, power, and excess no one could invent. Reputedly the prototype for the film Boiler Room, StrattonOakmont turned microcap investing into a wi
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.
The financial crisis that has gripped this country since last September has had so many twists and turns, it would make for a great drama -- if it all were not so real and damaging. Companies are shutting down and laying off workers, 401ks are melting away, and the government is spending $700 billion dollars to bail out banks and financial institutions -- and that's only the beginning. The financial services industry, and the many industries that depend on it -- from housing to cars -- is in intensive care. So what happened? How did we get to this point of financial disaster? Is the economy just a huge, Madoff-esque Ponzi scheme? It is a complicated and confusing story -- but Daniel Gross of Newsweek has a special gift for making complicated matters easy to understand and even entertaining. In Dumb Money, he offers a guide to the debacle and to what the future may hold. This is not so much a book about who did what, though that's part of the story. Rather, it pieces together the building blocks of the debt-f
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.
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.
Are investment bankers the responsible guardians of free-market capitalism that they would have us believe? Or are they something more sinister altogether . . . necessary but dangerous players in our free-market economy? “Greed,” said Gordon Gekko in Wall Street, “is good.” But how good is it for capitalism if the major investment banks are basically an oligopoly, keeping their risks low and their profits artificially high? How good is it for companies that listen to their value-destroying advice? And how good is it for the average shareholder, who pays a huge price through portfolios that underperform and have a raft of hidden charges? Philip Augar worked in investment banking for more than twenty years and has since become a gadfly to the industry on both sides of the Atlantic. His new book reveals exactly how the investment banks make their money by acting simultaneously for buyers, sellers, and themselves while carefully avoiding fee-based competition with one another. T
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.