The Devil's Derivatives charts the untold story of modernfinancial innovation--how investment banks invented new financialproducts, how investors across the world were wooed into buyingthem, how regulators were seduced by the political rewards of easycredit, and how speculators made a killing from the near-meltdownof the financial system. Author Nicholas Dunbar demystifies the revolution that brieflygave finance the same intellectual respectability as theoreticalphysics. He explains how bankers created a secret trillion-dollarmachine that delivered cheap mortgages to the masses and richesbeyond dreams to the financial innovators. Fundamental to this saga is how "the people who hated to lose"were persuaded to accept risk by "the people who loved to win." Whydid people come to trust and respect arcane financial tools? Whowere the bankers competing to assemble the basic components intoincreasingly intricate machines? How did this process achieve itsown unstoppable momentum, ending in collapse,
From Rin Tin Tin to Casablanca to HarryPotter , the Warner Bros. story is the history of Hollywood.Eighty-five years of screen icons, legendary films, andhistory-making achievements are detailed in this comprehensive,photo-filled treasure trove, fully authorized by the studio. No production company has had more legendary films, stars, orinfluence on the course of Hollywood than Warner Bros. Among thesuperstars who worked for the studio are Bette Davis, HumphreyBogart, Lauren Bacall, Joan Crawford, Marlon Brando, James Dean,and John Wayne. Filmmakers like Martin Scorsese and Stanley Kubrickmade history for the studio, and it has been home to blockbusterfranchises like Superman , Batman , LethalWeapon , and Harry Potter . Produced in conjunction with Warner Bros., this volume is theultimate guide to the greatest movie studio in history. You MustRemember This: The Warner Bros. Story is also the companion toa five part documentary in the PBS American Masters series byauthor Richard Schickel that will
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
Warren Buffett is the most famous investor of all time and one of today's most admired business leaders. He became a billionaire and investment sage by looking at companies as businesses rather than prices on a stock screen. The first two editions of The Warren Buffett Way gave investors their first in-depth look at the innovative investment and business strategies behind Buffett's spectacular success. The new edition updates readers on the latest investments by Buffett. And, more importantly, it draws on the new field of behavioral finance to explain how investors can overcome the common obstacles that prevent them from investing like Buffett. New material includes: How to think like a long-term investor —— just like Buffett Why "loss aversion", the tendency of most investors to overweight the pain of losing money, is one of the biggest obstacles that investors must overcome. Why behaving rationally in the face of the ups and downs of the market has been the key to Buffett's investing success Analy
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.
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
This book was written to offer encouragement and basicinformation to the individual investor. Who knew it would gothrough thirty printings and sell more than one million copies? Asthis latest edition appears eleven years beyond the first, I'mconvinced that the same principles that helped me perform well atthe Fidelity Magellan Fund still apply to investing in stockstoday. It's been a remarkable stretch since One Up on Wall Street hit thebookstores in 1989. I left Magellan in May, 1990, and pundits saidit was a brilliant move. They congratulated me for getting out atthe right time -- just before the collapse of the great bullmarket. For the moment, the pessimists looked smart. The country'smajor banks flirted with insolvency, and a few went belly up. Byearly fall, war was brewing in Iraq. Stocks suffered one of theirworst declines in recent memory. But then the war was won, thebanking system survived, and stocks rebounded. Some rebound! The Dow is up more than fourfold since October, 1990,from the 2,400 lev
Through every type of market, William J. O'Neil's nationalbestseller, How to Make Money inStocks, has shown over 2 millioninvestors the secrets to successful investing. O'Neil'spowerful CANSLIM~ Investing Systemma proven seven-step process for minimizingriskand maximizing gains--has influenced generations ofinvestors.Based on a major study of all the greatest stock marketwinners from 1880 to 2009, thisexpanded edition gives you:
Warren Buffett on Business: Principles and Practices in His Own Words is a handbook on timeless strategies to run a successful business in Buffett's own remarkable words. The book is a compilation of Buffett's Berkshire Hathaway stockholder letters covering topics such as corporate culture, communication, corporate governance, compensation, and acquisitions. It is about his way of communicating with and treating employees and shareholders fairly and honestly, responsible corporate governance, ethical behavior, patience and perseverance, admitting mistakes, and having a passion for work.