You know what happened during the financial crisis … now it istime to understand why the financial system came so close tofalling over the edge of the abyss and why it could happen again.Wall Street has been saved, but it hasn’t been reformed. What isthe problem? Suzanne McGee provides a penetrating look at the forces thattransformed Wall Street from its traditional role as acapital-generating and economy-boosting engine into a behemothoperating with only its own short-term interests in mind and withreckless disregard for the broader financial system and those whorelied on that system for their well being and prosperity. Primary among these influences was “Goldman Sachs envy”: theself-delusion on the part of Richard Fuld of Lehman Brothers,Stanley O’Neil of Merrill Lynch, and other power brokers (egged onby their shareholders) that taking more risk would enable theircompanies to make even more money than Goldman Sachs. Thathubris—and that narrow-minded focus on maximizing their

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

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

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

Use a master’s lost secret to pick growth companies bound forsuccess In 1948, legendary Columbia University professor BenjaminGraham bought a major stake in the Government Employees InsuranceCorporation. In a time when no one trusted the stock market, hechampioned value investing and helped introduce the world tointrinsic value. He had a powerful valuation formula. Now, in thisgroundbreaking book, long-term investing expert Fred Martin showsyou how to use value-investing principles to analyze and pickwinning growth-stock companies—just like Graham did when heacquired GEICO. Benjamin Graham and the Power of Growth Stocks isan advanced, hands-on guide for investors and executives who wantto find the best growth stocks, develop a solid portfolio strategy,and execute trades for maximum profitability and limited risk.Through conversational explanations, real-world case studies, andpragmatic formulas, it shows you step-by-step how this enlightenedtrading philosophy is successful. The secret lies in Graham’sv

Updated for paperback publication, Aftershock is a brilliantreading of the causes of our current economic crisis, with a planfor dealing with its challenging aftermath. When the nation’s economy foundered in 2008, blame was directedalmost universally at Wall Street bankers. But Robert B. Reich, oneof our most experienced and trusted voices on public policy,suggests another reason for the meltdown. Our real problem, heargues, lies in the increasing concentration of wealth in the handsof the richest Americans, while stagnant wages and rising costshave forced the middle class to go deep into debt. Reich’sthoughtful and detailed account of where we are headed over thenext decades—and how we can fix our economic system—is a practical,humane, and much-needed blueprint for restoring America’s economyand rebuilding our society.

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.

“Beware of geeks bearing formulas.” --Warren Buffett In March of 2006, the world’s richest men sipped champagne in anopulent New York hotel. They were preparing to compete in apoker tournament with million-dollar stakes, but those numbersmeant nothing to them. They were accustomed to riskingbillions. At the card table that night was Peter Muller, an eccentric,whip-smart whiz kid who’d studied theoretical mathematics atPrinceton and now managed a fabulously successful hedge fund calledPDT…when he wasn’t playing his keyboard for morning commuters onthe New York subway. With him was Ken Griffin, who as anundergraduate trading convertible bonds out of his Harvard dormroom had outsmarted the Wall Street pros and made money in one ofthe worst bear markets of all time. Now he was thetough-as-nails head of Citadel Investment Group, one of the mostpowerful money machines on earth. There too were Cliff Asness, thesharp-tongued, mercurial founder of the hedge fund AQR, a man asf

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.

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.

YOU WANT LESS. You want fewer distractions and less on yourplate. The daily barrage of e-mails, texts, tweets, messages, andmeetings distract you and stress you out. The simultaneous demandsof work and family are taking a toll. And what's the cost?Second-rate work, missed deadlines, smaller pay cheques, fewerpromotions-and lots of stress. AND YOU WANT MORE. You want moreproductivity from your work. More income for a better lifestyle.You want more satisfaction from life, and more time for yourself,your family, and your friends. NOW YOU CAN HAVE BOTH-LESS AND MORE.In The ONE Thing, you'll learn to cut through the clutter achievebetter results in less time build momentum toward your goal dialdown the stress overcome that overwhelmed feeling revive yourenergy stay on track master what matters to you The ONE Thing isthe New York Times bestseller which delivers extraordinary resultsin every area of your life-work, personal, family, and spiritual.WHAT'S YOUR ONE THING?

Before I became “Phil Town, teacher of investing principles tomore than 500,000 people a year,” I was a lot like you: someone whoviewed individual stock investing as way too hard to dosuccessfully. As a guy who barely made a living as a river guide, Iconsidered the whole process pretty impenetrable, and I wasconvinced that to do it right you had to make it a full-time job.Me, I was more interested in having full-time fun. So I was tempted to do what you’re probably doing right now:letting some mutual fund manager worry about growing your nest egg.Let me tell you why that decision could one day make you absolutelymiserable.

Are You Prepared for Another Lost Decade? "[Pring] seesanother 'lost decade,' but also ways to make it a winner". ("TheNew York Times"). Don't let the secular bear eat you. Prepare toearn steady profits in another decade of volatile and disappointingmarket returns. For more than four decades, Martin Pring has been aleading innovator and practitioner of financial and business cycleanalysis. In "Investing in the Second Lost Decade", Pring - alongwith seasoned portfolio managers Joe Turner and Tom Kopas - offersconclusive proof that we're only near the midway point of acontinued secular cycle of flat returns and deeply cyclicaleconomic conditions. To guide you through these uncertain times,Pring, Turner, and Kopas deliver a proven action plan for masteringthe realities facing today's investors. Using proprietary analysis,the authors explore the characteristics of long-term bear marketsalong with the looming dual threats of inflation and risinginterest rates - and outline positive steps you can take to cre

An insider's look at security analysis and business valuation,as practiced by Wall Street, Corporate America, and internationalbusinesses Two major market crashes, numerous financial and accountingscandals, growth in private equity and hedge funds, Sarbanes Oxleyand related regulations, and international developments changedsecurity analysis and business valuation substantially over thelast fourteen years. These events necessitated a second edition ofthis modern classic, praised earlier by Barron's as a "welcomesuccessor to Graham and Dodd" and used in the global CFAexam. This authoritative book shows the rational, rigorous analysis isstill the most successful way to evaluate securities. It picks upwhere Graham and Dodd's bestselling Security Analysis - for decadesconsidered the definitive word on the subject - leaves off.Providing a practical viewpoint, Security Analysis on Wall Streetshows how the values of common stock are really determined intoday's marketplace. Incorporating dozens of

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.

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

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.

Mutual-fund superstar Peter Lynch and author John Rothchildexplain the basic principles of investing and business in a primerthat will enlighten and entertain anyone who is high-school age orolder. Many investors, including some with substantial portfolios, haveonly the sketchiest idea of how the stock market works. The reason,say Lynch and Rothchild, is that the basics of investing -- thefundamentals of our economic system and what they have to do withthe stock market -- aren't taught in school. At a time whenindividuals have to make important decisions about saving forcollege and 401(k) retirement funds, this failure to provide abasic education in investing can have tragic consequences. For those who know what to look for, investment opportunities areeverywhere. The average high-school student is familiar with Nike,Reebok, McDonald's, the Gap, and the Body Shop. Nearly everyteenager in America drinks Coke or Pepsi, but only a very few ownshares in either company or even understand how to buy them. Everystu

Unravel the Mysteries of the Financial Markets—the Language,the Players, and the Strategies for Success Understanding money and investing has never been more importantthan it is today, as many of us are called upon to manage our ownretirement planning, college savings funds, and health-care costs.Up-to-date and expertly written, The Wall Street Journal CompleteMoney and Investing Guidebook provides investors with a simple—butnot simplistic—grounding in the world of finance. It breaks downthe basics of how money and investing work, explaining: ? What must-have information you need to invest in stocks, bonds,and mutual funds ? How to see through the inscrutable theories and arcane jargonof financial insiders and advisers ? What market players, investing strategies, and money andinvesting history you should know ? Why individual investors should pay attention to theeconomy Written in a clear, engaging style by Dave Kansas, one ofAmerica’s top business journalist