Showing posts with label book. Show all posts
Showing posts with label book. Show all posts

Monday, December 26, 2016

Investing & Business Books on Sale Today

Stock Market Books
What are you going to do with all that money you received as gifts? Why not spend it on some books you’ve always wanted to read. And what better time is there to buy books. There is an After Christmas sale for many top investing and business books at Amazon today.
These are regular hardback and paperback books. So no Kindle required. Here is a selection that you might find of interest. Buy now because these sales won’t last.
The Compound Effect $15.99, marked down to $10.87
Investing For Dummies $22.99, marked down to $12.25
The Bogleheads’ Guide to Investing $26.95, marked down to $14.84
The 100 Best Stocks to Buy in 2017 $16.99, marked down to $13.35

Friday, October 21, 2016

New Rules to End Corruption in Corporate America


Toolkit for Change

Guest Article By Michael G. Winston, Ph.D.
So many leaders have failed themselves, their families, their shareholders, and their neighbors on the most important of leadership behaviors…honesty, integrity and ethical decision-making. Let’s try to rid the world of companies that abuse shareholders, customers, employees and society. Are you in?
There are many factors internal to the financial services firms which give rise to such aberrant practices, yet attempts to stop or slow them failed miserably. However, what about the culture outside where laws were considered mere suggestions, rules were thought of as arbitrary, governance practices were shelved and society became Armageddon-like around the globe? President Obama’s promise of the most transparent administration in history was clearly not kept. The promise of holding parties responsible for the financial collapse accountable did not materialize. Our hallowed institutions became the fodder for late-night TV jokes. We were witnessing the unraveling of the fabric of society that held us together.
Like you, I am concerned that none of the C- Suite Chiefs who caused the 2008 global financial crisis have been held fully accountable. Trillions of dollars have been lost by investors while millions of borrowers have lost their homes and/or jobs. Yet none of the people who ran the institutions that contributed to the disaster have been found liable.   
Punishment is not the only way to modify behavior, but it works. Instead, executives now realize that they face virtually no consequences for reckless lending, exotic investments and fraud. Thus, these actions continue.
One well-deserved “public hanging” will send a signal around the world that will dramatically reduce wrongdoing. The current settlement posture and practice is not and will not deter crime. Until their moral compass kicks in, there are things we can do:
  • Break up the too-big-to-fail-or-jail banks. Then break them up again. They do not serve us. They rule us and those who govern us.
  • Create such stringent and onerous rules and regulations that the big banks voluntarily disaggregate.
What can and should be done to reward good performance and punish bad performance? Here is my list:
  • Elevate the platform of whistleblowers to expose fraud and corruption. Reward them for doing so. Ensure they are well-protected in reality not just rhetorically.  Mete out immediate and harsh punishment for retaliation against whistleblowing.
  • Require reimbursement of incentive compensation paid to executives whose fraud or intentional misconduct cause the company to restate its financial statements. This should be retroactive to the point of the misconduct. This has been promised, but not delivered over the past seven years. This policy should be irrevocable, no-excuse.
  • Require that certain awards contain ‘claw back’ provisions which allow the Corporation to cancel all or a portion of the award under specified circumstances. Have zero tolerance on this.
  • Each year, the Board, Audit and various Corporate Governance Committees should evaluate their own effectiveness. They should view self-evaluation as an ongoing process designed to achieve high levels of Board and committee performance. Shareholder input should be factored in.  This entire process should be facilitated by a thoroughly objective outside party.
  • Adopt a stronger approach to risk management. Each year, have the management team recommend, and the board of directors approve a total risk appetite for the company that management will then allocate across the lines of business. Share this with ALL stakeholders and regulatory bodies.
  • Hold regulatory bodies accountable for compliance with the above. The responsible executive acting more in synch with clients than the public should be severely censured.
  • Evaluate compensation practices to ensure direct linkage between executive pay and company performance. For good performance years, the total compensation awards for executives is at target levels. For poor performance years, compensation should be significantly below target levels. For years of questionable business practices, the Board should award no year-end cash or equity compensation awards to executives.
  • Adapt the same practices down the line at all levels.
  • Regardless of growth, profit, margins, ROI, etc., if performance does not meet expectations against a broader and higher standard of metrics, inclusive of ethical decision-making, absence of “whistle-blower complaints,” certification of clarity, transparency, accountability and long-term strength, the Board should award no year-end cash incentive, restricted stock or stock option awards.
  • Make long-term stock ownership mandatory for executives, with no vesting on restricted stock and stock option awards until the third anniversary of the grant and an additional hold requirement on net proceeds from stock option exercises.
  • Amidst fraud, corruption, malfeasance and the like, reinstitute the practice of insisting on personal accountability. For wide-spread institutionalized “white-collar” crime, jail time must replace settlements as the consequence.
  • Detection of a loophole deliberately implanted in regulations to assist one’s colleagues in evading the law must lead to dismissal.
  • The DOJ must be encouraged and rewarded for exacting criminal penalties when warranted.
  • Make it policy that creditors, not taxpayers, should shoulder the losses of banks.
Do these things, and even the miscreants will behave themselves.
The U.S. and Europe thwarted white-collar investigations, let alone prosecutions. They continue to do so. On the other hand, Iceland prosecuted the fraudster banking CEO’s. As a result, their economy recovered quickly, due to the restoration of trust in the financial system.
We need real solutions – solutions we have not seen before. Albert Einstein said we cannot expect those in control of our world to solve the problems they have created, and continue to defend . . . by any means necessary. We continue to repeat the same measures destined to fail. This unfailingly yields lost jobs, lost income/wages, and loss of entire life support systems. We should abandon this failed paradigm.
Here’s another idea. Take the same amount of money that our government gave to the Banks, and instead next time spend it directly bailing out the homeowners, and mandate that the Banks pay a penalty for having sold out their own customers and contracts.
Result: the banks get their money (what money was not gotten by shorting the homeowners), but they have to get it from the homeowners themselves. The homeowners get to keep on living where they want. The Banks eventually recover, but on OUR terms, not theirs.
Should this happen? Yes.  Will this happen? Of course not. The current Administration has protected and shielded Wall Street and the fraudsters from any wrongdoing.  However, it is time for a change.
Michael Winston had a career of distinction in executive positions for over three decades in five Fortune 100 companies across three industries, including serving in executive positions for Motorola, Merrill Lynch, McDonnell Douglas, Lockheed and Countrywide. As global head of leadership and organization strategy, he worked closely with C-Suite Officers to develop business models, craft strategies and structure, create cultures and develop leaders.
His book, World-Class Performance, is available for purchase on Amazon and other fine booksellers.

Wednesday, September 21, 2016

A Capitalist’s Lament: How Wall Street Is Fleecing You and Ruining America

Rarely have I found a non-fiction book that is a page-turner, but the book A Capitalist’s Lament: How Wall Street Is Fleecing You and Ruining America is one of those books. The author, Leland Faust, goes into detail about how investors are being taken by Wall Street.
Don’t get the author wrong. He is not anti-capitalist, he is what I would call pro-moral capitalist (which is also how I would describe myself, by the way). He is just bringing to light all the ways that the average person is being taken advantage of, on a financial basis.
Although I am familiar with what he covers on a general basis, the author covers the specifics, everything from over charging to fraud. For example, Chapter 2, called Big Is Not Beautiful, is significantly devoted to Goldman Sachs. He points out 37 different instances of fines, security violations, and other issues of the firm.
Examples of some of the chapters that I found the most interesting are:
Fees and Sleaze: Welcome to the World of Hedge Funds
Stupid Predictions and Constant Hype
Myopia: Short Term Trading
Leveraging Yourself to Death
Fortunately, Faust has a resolution, which he covers in the last chapter, Protecting Yourself and Fixing the Wall Street Mess. If you are looking for a great Wall Street expose, I highly recommend A Capitalist’s Lament: How Wall Street Is Fleecing You and Ruining America.

Wednesday, August 10, 2016

The Latest Top Selling Investment Books for August

Looking for more investing and stock market books to read while you are sitting on the beach during your vacation or while you are flying on a plane? Here are the latest books which cover stocks and investments, that have just been released. Interestingly, two of them are about Warren Buffett.


How To Be The Intelligent Investor Like Warren Buffett
by Rachel Maxwell
Warren Buffett is intelligent investor and he is undoubtedly the most successful stock market trader today. He is currently worth billions of dollars and his net worth is still on the rise. Many investors strive to be just like him, but sadly only a few of them are actually successful in emulating even a fraction of his success. What is the secret to Warren Buffett’s enormous wealth? Does he have superpowers that allow him to see into the future and take stock of his investments? The truth may actually shock you because it is much simpler than you think.The reason why Warren Buffett was able to amass as much money as he did is because he is a "intelligent investor" and it is recommended that you become one as well.What is a intelligent investor? Unlike other traders in the stock market, intelligent investor do not really pay too much heed in what is currently happening in the marketplace, they are much more interested in the actual value of the stocks.Value investor take into consideration the strengths and weaknesses of the companies they plan to invest in, and this requires a lot of analysis and not too much guesswork. 

In this Warren Buffett book, you will learn the techniques and mindset that Warren Buffett uses whenever he goes into trades. Even though it is not really guaranteed that you will be met with the same kind of success, you are assured to get some valuable insights on how to invest your money properly and ensure that you actually make money instead of lose it.Here you will learn how to determine the true worth of a company so you will have an easier time determining whether or not it is worth it to invest your money in their stocks.Once you learn the basics of Warren Buffett’s value investing strategy, your entire view of the stock trading marketplace will change for the better.

Invest in the Best: Applying the principles of Warren Buffett for long-term investing success
by Keith Ashworth-Lord
This book concentrates on the investment style of Business Perspective Investing, as practiced by Benjamin Graham and Warren Buffett. It takes the reader through the realisation that the thought process involved when buying shares in a company is no different to buying the company in its entirety.


Adaptive Investing
by Tony Pow
To be successful in investing, we have to adapt to the current market. We evaluate our tools (screens, scoring system and our way to time the market) consistently as they change consistently. For example, some screens work better than others in different phases of a market cycle. So are the fundamental metrics. Early Recovery (a phase defined in this book) provides the best time to make easy money. Today, ignore most testing results older than 2000 as the market are quite different than today. The better test results are 6 months (or 3 months for short term) from today as they resemble the market closely. This book should make you a better investor for advance beginners and fund managers alike. This book does not make you wealthy overnight. However, I have proven step-by-step techniques to time the market, find and evaluate stocks for profits from my experiences and other retail investors (not traders) like most of you. We do not have the Holy Grail in investing but we have something close to it: Select the fundamental (technical too) metrics and the screens that have performed well lately. To illustrate, if the screen or a fundamental metric such as Price/Cash Flow works in the last few months, there is a better chance it will work this month than not. 


How to Make Money with Global Macro
by Dr. Javier Gonzalez
GLOBAL MACRO is the study of the interrelations between economic policy, asset classes, politics, and war. In his idiosyncratic book, Javier Gonzalez shows how these elements weave an intricate higher-dimensional puzzle that affect our portfolios and our lives.With his innovative approach, readers are likely to interpret events around them in a new light, realizing new interconnections.
"How to Make Money with Global Macro" is Kindleberger's "Manias, Panics, and Crashes" for speculators. (Kindleberger's book is rather academic).
Traders and investors could find useful gaining a thorough understanding of global macro, regardless of whether their strategy is value investing, trend following, discretionary global macro, or other. Knowing how global macro might be affecting price or might affect it in the near future is crucial to making an investment decision.

The Investment Code: Ancient Jewish Wisdom for the Wise Investor
by H. W. Charles
Why are so many Jews Successful Investors that Accumulate Massive Wealth?  Jews are known to be the most successful and best performing hedge-fund managers, investors, and traders in the world. Out of the best 25 money managers since the advent of American Capitalism, 17 are Jewish! Some of those in the top 25 are very famous: George Soros, Steven Cohen, James Simon, David Tepper, John Paulson, Carl Icahn, Daniel Loeb, Leon Cooperman, Israel Englander, David Einhorn, Seth Klarman, and Bruce Kovner.  

Groundbreaking research has found that one of the key components to the success of the Jews is their religion—Judaism. The Tanakh, a Jewish religious text, contains codes and messages secretly hidden within its pages—decoded by the Talmud, it offers practical guidance that can be applied to your investing and business practices.  

The Investing Code contains the time-tested secret wisdom found in the Tanakh that has worked to help the Jews accumulate wealth generation after generation. It can be applied by anyone today to attain wealth through wise investing practices.




Illusions of Wealth: Actively Manage Your Investments or Expect Losses in this Volatile Economy
by Doug Eberhardt
In order to keep your wealth from being an illusion, you must possess the ability to adjust your portfolio as the economic and investment climates change. Buy-and- hold strategies can work with some assets, but should not be the way forward for all your holdings. Applying the common sense of this book can grant you control of your future and your wealth.
First, it is important to have a foundational understanding of our monetary, economic, banking, and Federal Reserve systems. That is the basis on which you build your portfolio, and this book is designed to make it easy to comprehend, as technical as it may seem. You’re driving blind in the investment world without this knowledge.
From there it’s a matter of choosing the right advisor by asking the right questions—which you will find in this book. Or, you can acquire the confidence to manage your investments yourself, using the insights provided here. Many will skip over the foundational sections and go straight to the Investment section. I understand this desire to “tell me what to do” and you’ll find this section thorough in helping you maintain your wealth and profit moving forward.
What are the economic conditions on the horizon that can affect your wealth? Why do you invest the way you do? Is it because someone told you to invest that way? Who do you trust for investment advice, and why? Are they any good? How much do they make from their recommendations to you? Did they protect your portfolio during the last financial crisis? Is another financial crisis around the corner? How have you structured your portfolio differently to protect your wealth if we were to experience another economic downturn?

Inadequate education failed to teach us how to invest, so we relinquish control to advisors who may or may not have our best interests at heart. This book is written to bring you the awareness, confidence and insight necessary to conquer the future panics, crashes, and crises that will inevitably arise, and teach you how to profit whether the market is rising or falling. But most importantly, it is written to stand the test of time for generations to come, fulfilling the void left by our educational system. Isn’t it time you took control of your financial future?



Wall Street Smarts: A Guide to Finding Your Inner Investor
by Miles Goodwin
In the dizzying world of investment opportunities, finding a successful personal strategy is a daunting task. But the more you can understand yourself, the better chance you will have finding something that works for you.
In Wall Street Smarts, author Miles Goodwin presents a remarkable compilation and review of some of today’s best books for individual investors. Important works, such as The Art of Speculation by Philip Carret, Common Stocks and Uncommon Profits by Philip Fisher, The Intelligent Investor by Benjamin Graham, A Random Walk Down Wall Street by Burton G. Malkiel, and The Nature of Risk, Stock Market Survival and the Meaning of Life by Justin Mamis, provide profound wisdom and insight to enable you to learn how to successfully invest your own money. In addition, the book contains a risk tolerance quiz designed by Dr. J. E. Grable of the University of Georgia and Dr. R. H. Lytton of Virginia Tech University, Professors of Financial Planning, to help you learn how your "inner investor" shapes your investment decisions.
Divided into twelve easy-to-understand chapters, this remarkable resource compiles the best information from these books and breaks down a host of investment fundamentals and strategies, providing a comprehensive look at the various concepts you need to understand to be successful.

So if you want to learn more about investing and how to handle your money yourself, crack open this book, dive in, and discover what works best for you! If you have never discussed finances and Wall Street with your children, this book is a great starting point.




Enjoy!!!

Tuesday, July 12, 2016

The Latest Top Selling Books on Real Estate Investing

The Ultimate Fixer-Upper

Are you a real estate investor? Are you looking for the latest publications on real estate and property investing? Maybe you have already seen plenty of real estate book lists with books by Robert T. Kiyosaki and Donald Trump, books which came out years ago, but are still best sellers. It could be that you are looking for something new.

Here are the latest real estate investing books, which can hopefully provide you with plenty of insight in all aspects of real estate investments, whether you are a beginning investor or an experienced investor.

Using Other People's Money: How to Invest in Property
by Vicki Wusche
Have you ever dreamed of having a property portfolio that enables you to live a wealthy life, be financially free and confident about the stability of your future? Have you thought it might be too good to be true after all the changes in the market? Is it still possible - using your capital, working with family or using other people's money? This 4th edition has been rewritten to focus on the latest changes in the property market and to give you the information you need to make informed decisions about your personal investment strategy. Read up-to-date information including recent tax changes and the impact of key strategies like rentto rent, buy-to-let and HMO all the while learning new investment techniques that are adaptable to these changes and your needs. Discover how to build a better property business from the start. Using Other People's Money will help you: get to grips with the business of investing, understand which strategies work and which don't in the current market, create a better relationship with lenders and banks, understand joint venture legislation and how the changes will affect you, understand the impact of recent tax changes and help you make better investment decisions, recognise the difference between a large portfolio and financial freedom, understand the difference between refurbishing, renovating, developing and trading property. And so much more!


The Art of Real Estate in the Digital Age: Beyond Staging, Pricing and Open Houses
by Norka Parodi
Buying and selling a house can be a powerfully emotional time.  Often we face situations during the home purchase process that makes you wonder, "Has anyone else dealt with that before?"   The Art of Real Estate in the Digital Age is a real life experience for anyone from a new 20-something first time home buyer to a seasoned homeowner dealing with buying or selling their house in today's digital world.  

Critically circulated throughout this book are anecdotes of experiences that a professional is thrust into and forced to resolve. "Look, Listen, Learn" known as the 3 L's strategy take another wise simplistic approach and identify the importance of sophisticated marketing. If you want to conquer the real estate maze in the digital age, sit down, open the cover and be prepared to expand your mind.

Best Real Estate Investing Advice Ever (Volume 1)
by Joe Fairless and Theo Hicks
Here is just a fraction of what you'll learn from the Best Ever Book: 
1. How to transition from single family to multifamily properties 
2. Step-by-step approach on raising money for your deals 
3. How to creatively invest in real estate, no matter how bad your current    financial situation is 
4. Step-by-step approach for using market data to perform due diligence 
5. The most overlooked expenses by buy-and-hold and fix-and-flip investors 
6. Step-by-step blueprint for how to achieve financial independence 
7. A step-by-step process for how to successfully wholesale probate properties 
8. How lenders evaluate your loan application and what to do to get rid of it 
9. A creative financing method for newbie investors 

Invest in Real Estate: A Guide for Beginners
by Christina Sorg
Real estate is one of the most time tested of all the possible investment opportunities, having existed practically for as long as humans have built permanent structures and had a concept of land ownership. What’s more, it is one of the core types of asset that any investor, regardless if they are just starting out, or simply looking to diversify should consider adding to their portfolio. It offers unique diversification, net worth, profitability, liquidity and cash flow benefits that ensure it is practically always a reliable choice.
Understanding these basics and actively putting them to use on the regular are two very different things, however, which is why if you are interested in actively pursuing the dream of real estate investment then Millionaire Mind: Invest in Real Estate is the book for you.
Inside you will find everything you need to know
to decide if investing in real estate property, real estate investment trusts, flipping properties or wholesaling properties is the right investment choice for you to maximize your future potential. The opportunities and the potential for profit in real estate are vast, even for those who have little or no money to put down up front. If you have the smarts, you can make money in real estate.

101 Top Tips for Property Investment Success
by Nick Fox
Whether you’re looking to focus purely on HMOs, build a varied portfolio of rental properties, or employ a number of different strategies to make money from property, ‘101 TOP TIPS’ is full of useful information that will help keep you at the top of the property investment business. 
Nick Fox has spent the past decade amassing a highly profitable buy to let portfolio and continues to invest in a variety of property projects and business ventures. His tailored mentoring programmes have helped many aspiring investors realise their own potential in the property field. 


Happy Investing!

Monday, July 11, 2016

The Latest Top Selling Books on the Stock Market and Business

I have come up with a list of the NEWEST best selling books in the areas of the stock market, Wall Street,  business, and investing.

Here are the latest new books:

Day Trading: A Beginner's Guide To Day Trading - Learn The Day Trading Basics To Building Riches 
by Matthew Maybury
In this book you will learn specifically how to start and organize your daily trading activities, the different types of stock available, how to read a candlestick chart, and place different orders. We will conclude with a discussion on important “do’s and don’ts” of day trading, as well as some techniques and strategies to boost your day trading performance.

Barbarians in the Boardroom: Activist Investors & the Battle for Control of the World's Most Powerful Companies
by Owen Walker
   Activist investors have sent shockwaves through corporations in recent years, personally targeting directors and executives at some of the world’s largest companies. No longer satisfied with operating on the fringes of business, they are now a firm fixture in the boardroom. 
   Up to a quarter of public companies could be targeted by activist campaigns in the coming years, with directors and executives at those corporations threatened with losing their jobs. The trend, which began in corporate America, has spread to the UK, Europe and Asia, taking in several high profile companies.
   Barbarians in the Boardroom tells a compelling story of boardroom bust ups, dumped CEOs triumphant activists and pared back companies. It reveals real-life examples and interviews with executives and investors to explain why and how activist investors have managed to storm Wall Street and tear down City citadels. Owen Walker provides an insight into the way activists think, how they decide to target a company and how directors and executives could possibly work with them rather than against them.

Simple Stock Trading Guide
by Sunil Thakur
All the teachings, theories and techniques are universal. Lessons learned from this book can be used effectively in any chartered financial market, anywhere, anytime.

Hooked: Why cute sells...and other marketing magic that we just can't resist
by Patrick Fagan
In this insightful, engaging and entertaining book, you will learn the amazing secrets of effective communication gleamed in recent years from neuroscience and behavioral economics. You’ll discover 8 simple rules that you can effectively, simply apply to your business and work so your messages are never ignored.

Preston Tucker and His Battle to Build the Car of Tomorrow
by Steve Lehto and Jay Leno
   After World War II, the American automobile industry was reeling. Having spent years building tanks and airplanes for the army, the car companies would need years more to retool their production to meet the demands of the American public, for whom they had not made any cars since 1942. 
   And then in stepped Preston Tucker. This salesman extraordinaire from Ypsilanti, Michigan, had built race cars before the war, and had designed prototypes for the military during it. Now, gathering a group of brilliant automotive designers, engineers, and promoters, he announced the creation of a revolutionary new car: the Tucker '48, the first car in almost a decade to be built fresh from the ground up. Tucker's car would include ingenious advances in design and engineering that other car companies could not match. With a rear engine, rear-wheel drive, a safety-glass windshielf that would pop out in case of an accident, a padded dashboard, independent suspension, and automatic transmission, it would be more attractive and aerodynamic—and safer—than any other car on the road. 
   But as the public eagerly awaited Tucker's car of tomorrow, powerful forces in Washington were trying to bring him down. An SEC commissioner with close ties to Detroit's Big Three automakers deliberately leaked information about an investigation the agency was conducting, suggesting that Tucker was bilking investors with a massive fraud scheme. Headlines accused him a perpetrating a hoax and claimed that his cars weren't real and his factory was a sham. 
   In fact, the Tucker '48 sedan was genuine, and everyone who saw it was impressed by what this upstart carmaker had achieved. But the SEC's investigation had compounded the company's financial problems and management conflicts, and a superior product was not enough to keep Tucker's dream afloat. 
   Here, Steve Lehto tackles the story of Tucker's amazing rise and tragic fall, relying on a huge trove of documents that has been used by no other writer to date. It is the first comprehensive, authoritative account of Tucker's magnificent car and his battles with the government. And in this book, Lehto finally answers the questions automobile aficionados have wondered about for decades: Exactly how and why was the production of such an innovative car killed?

Show Me the Money: Writing Business and Economics Stories for Mass Communication
by Chris Roush
Show Me the Money is the definitive business journalism textbook that offers hands-on advice and insights into the job of a business journalist. Chris Roush draws on his experience as both a business journalist and educator to explain how to cover businesses, industry and the economy, as well as where to find sources of information for stories and how to take financial information and make it work for a story.

Wall Street Smarts: A Guide to Finding Your Inner Investor
by Miles Goodwin
In the dizzying world of investment opportunities, finding a successful personal strategy is a daunting task. But the more you can understand yourself, the better chance you will have finding something that works for you.
Divided into twelve easy-to-understand chapters, this remarkable resource compiles the best information from these books and breaks down a host of investment fundamentals and strategies, providing a comprehensive look at the various concepts you need to understand to be successful.
So if you want to learn more about investing and how to handle your money yourself, crack open this book, dive in, and discover what works best for you! If you have never discussed finances and Wall Street with your children, this book is a great starting point.

Success in the Stock Market: Using the power of the Internet
by Dermod Sweeney
‘A private investor, typically operating alone, will inevitably face unfamiliar challenges in devising, implementing and refining their investment strategy. In the financial market jungle, a seasoned guide can help to eliminate naïve errors and map alternative routes to a desired investment goal. “Success in the Stock Market” is such a guide, comprehensive in its content, yet transparent and accessible in style, the book provides a route map from the fundamental underpinnings of stock markets, building logically through funds, futures and share selection to disciplined portfolio management. Even a sophisticated operator will benefit from Dermod Sweeney’s extensive experience as a successful private investor.’  

Stock markets around the world are involved with staggering amounts of money – around US$70tn – and so they attract the attentions of a great many clever and ambitious people. Combine this with the vagaries of geopolitics and the often rapidly changing fortunes of companies – resulting in severe volatility – and the stock market becomes a frightening place for many people. Share price movements of 30% or more in one day are not unusual. However, a good understanding of how markets behave and how to manage your investment risk should enable you to succeed as an investor.  

Stock markets have lost more than half their value twice in the last 20 years – in 2001 and in 2008 – so it is not surprising that the number of retail investors participating in the markets has declined substantially. Could the markets lose half their value again? It’s unlikely but certainly not impossible. Important lessons are drawn from these crashes. 

The Internet has now empowered retail investors like never before. They can buy and sell shares cheaply online, supported by virtually unlimited and easily accessible information on companies and the environments in which they operate. Numerous informative websites are cited – providing investor tools, advice, and information flows which are invaluable if you know how to filter and interpret them. 

Hope you find a couple of these books of interest. Happy reading!!!

Wednesday, June 29, 2016

A Book I Just Finished Reading: Irrationally Yours by Dan Ariely

I just finished the book Irrationally Yours: On Missing Socks, Pickup Lines, and Other Existential Puzzles by Dan Ariely. You may have heard of or read some of Ariely's other books, such as Predictably Irrational: The Hidden Forces That Shape Our Decisions or The Honest Truth About Dishonesty: How We Lie to Everyone--Especially Ourselves.

This latest book is a compilation of mostly questions and answers that he has posted in the Wall Street Journal, about everything from financial advisors to investing to social networks to decision making to just about everything else you can think of.

Ariely inserts a lot of humor throughout the book. I especially like the recommended suggestion he posted at the end of the chapter on choosing a wine at a restaurant. The chapter on choosing a plane flight, called "On Riding Your Dryer to Tucson", was hilarious. The choosing the best bathroom stall was great also.

By the way, each chapter is one page long, so this is a very easy read.  Great for plane flights, beaches, and poolsides.

I highly recommend you get a copy of Irrationally Yours for your education, enlightenment, and entertainment.

Sunday, May 29, 2016

The Latest NEW Top Selling Stock Market Books


Those of you who had read my article about a week ago on the best selling stock market books may have noticed (along with the commenters) that all the books were published years ago.  So I heard your messages and your feedback and have come up with a list of the NEWEST best selling books in the areas of the stock market and investing.

Here are the latest New books relating to investing and stocks:

Investing in Private Securities For Dummies by Joel G. Block

If you've heard it once you've heard it a million times: the best way to build your investment portfolio is to diversify. But how many options are out there, really? Investing in Private Securities For Dummies introduces you to an alternative type of investment that can bring new opportunities to your portfolio. This illuminating book guides you in identifying and understanding the risks and rewards that are associated with private placements, and offers information that can help you avoid scams while taking advantage of new regulations that have made private placements a viable and lucrative option for your portfolio's expansion. This approachable yet informative reference answers the tricky questions that make investing intimidating, and arms you with the information and confidence you need to make educated decisions about private placement investment opportunities. 
A private placement is the sale of securities to a small number of investors. Organizations offer private placements to select investors, and aren't beholden to the same regulatory oversight as they are with other types of investments. As such, private placement is a great opportunity if you have it—but it's one about which you want to be educated.

About Daytrading The Market: How To Day Trade The Market For Embarrassing Juicy Profits Pull Massive Piles Of Hard Cold Cash To Easy Instant Forex ... 9-5, Live Anywhere And Join The New Rich by X, Trader
This book is not your regular hog wash advice that you will find from your broker and the other magic bullets and seven step series that you see on this site. This book teaches you how to trade like the pros. Shows you how the big banks and foreign nationals and institution trade. The book opens your eyes to how to piggy back on the big institutional traders and win. Ninety Five percent of the people that trade the Forex market lose money and give up. The market is continually replaced by fresh blood like yourself. Don't become part of the statistics.

Assessing Relative Valuation in Equity Markets: Bridging Research and Practice by Emanuele Rossi and Gianfranco Forte
This book addresses the gap between the widespread use of stock market multiples in valuation practice and the frontiers of research on multiples. The book's approach is twofold: the authors first analyse the performance of multiples metrics in predicting the market price of a set of liquid and highly traded US stocks. The authors then employ these results to test profitable stock purchasing strategies employed in order to 'beat the market'. The results presented widen our understanding of the “market performances” of the valuation tools practitioners utilise in their everyday work. The evidence is of interest to researchers  and equity analysts, who wish to analyse the circumstances in which valuation errors using multiples are more frequent and when market multiples become ineffective in estimating market prices.

Traders of the New Era Expanded Edition: Interviews with a Select Group of Day and Swing Traders Who are Still Beating the Markets in the Era of High Frequency Trading and Flash Crashes by Fernando Oliveira and Leandro Oliveira
In this expanded edition of the book Traders of the New Era there are 3 additional interviews (The Home Run Swing Trader, The Futures Scalper and the Futures and Options Veteran), 1 extra chapter (The Trader Tool Box: Tricks, techniques and methods to fight against HFT) as well as additional improvements and corrections. Most traders fail. This has been especially true after the rise of High Frequency Trading and electronic markets, but what are the main characteristics of the traders that do succeed? That and other answers are provided by Fernando Oliveira in this book with in-depth interviews with traders and market experts. If you are tired of outdated day and swing trading literature that is available in bookstores and are looking for something more in touch with the current market structure then this book will please you with a wealth of up to date advice, tips, strategies and techniques.


Elliot Wave Techniques Simplified: How to Use the Probability Matrix to Profit on More Trades by Bennett McDowell
Based on the principles of visionary analyst Ralph Nelson Elliott, the time-tested techniques you’ll find in this book have helped successful traders navigate the waves of the financial market since the 1930s. Now you can apply these classic but complicated methods using a modern, simplified approach that will help you identify cycles, anticipate trends, and cash in on your trades.

Developed and written by financial market expert Bennett A. McDowell―founder of TradersCoach.com® ―this easy-to-use guide shows you how to:

* Take the guesswork out of your trading strategy
* Read mass psychology signals and avoid emotional trading
* Identify market wave counts with the highest probabilities
* Combine classic and modern techniques for better results
* Anticipate and prepare for future price action in the market
* Sharpen your trading and forecasting skills for long-term success

Unlike other trading guides, this book provides a complete, systematic approach to Elliott Wave techniques based on “McDowell’s Probability Matrix,” a unique and powerful tool for verifying the signals of market trends and cycles through historic prices and patterns. You’ll find real-world case studies and step-by-step trading rules for McDowell’s favorite trade setups including the Flat Bottom Breakout and Wave 5 Breakout. You’ll be able to create your own probability matrix to identify the highest probability tradesand you’ll hear a firsthand account of McDowell’s system in action from a student of the “Trader’s Coach” himself. Best of all, you won’t need any specialized software other than the charting platform and market data feed you’re already using. If you need more guidance, the book supplies you with additional resources at no extra cost.

The New Wave of Trading: The Future of Trading Stocks, Options, and Futures by Andrew Keene
Andrew Keene is President & CEO of AlphaShark Trading, which he originally founded as KeeneOnTheMarket.com in 2011. Previously, Andrew Keene worked as a proprietary trader at the Chicago Board Options Exchange. He began his career in the prestigious Botta Capital ‘clerk-to-trade’ program, and would eventually co-found KATL Group, where he was the largest, independent on-the-floor Apple trader in the world. In his new book “The New Wave of Trading: The Future of Trading Stocks, Options and Futures,” 

Andrew breaks down some of the most difficult and misunderstood trading concepts in simple and easy to understand examples. Andrew has educated thousands of traders around the world and wrote this book to help retail traders move their trading to the next level. In this book Andrew will discuss important trading concepts like: - Understanding Price action and Price Momentum - Why Greeks Do Not Matter in Options - The Psychology of Trading - Different Types of Risk - Trading with a Plan - Much More! Over a decade of professional trading experience went into the writing of this book and it is written to in a way that is easy to understand and valuable for a trader of any skill level. Beginner traders and experts will find valuable pieces of trading information along with valuable tips and tricks to help their trading plan regardless of what they trade. If you have any interest in learning how to trade better this is the book for you!

Adventure Capitalism: Globalization and the Political Economy of Stock Markets in Africa by T. Moss
Sub-Saharan Africa, the poorest and least integrated region of the world, now has fifteen stock markets. Adventure Capitalism examines the economic and political forces behind this trend and discusses the potential consequences of financial market integration for developing countries. Using a political economy approach, it finds that financial globalization presents a formidable challenge for African policymakers, but is also an opportunity with a range of benefits.

Dividend investing : a quick beginner guide by Richard Smiths
This book contains proven steps and strategies on how to get started quickly on the path of dividend investing and ready to hit the ground running. 

Dividend Investing is an investing approach where money is invested in stocks, bonds, mutual funds for seeking dividends that are regularly distributed to invest in the form of either cash or extra shares. Dividend Investing has over the time served investing community very well thru various up or down market cycles with lesser risk and helped investors accumulate wealth over a period of time. 

There is no easier way to achieve financial independence than to make more money while spending less. This principle has held true for generations and will continue to do so for years to come. What you do with the money you save is even more pivotal. Savvy individuals choose to invest it. Understanding different avenues of investing is pivotal to ensure your success in personal finance and towards your retirement. 

Mindset: The New Psychology of Trading Success: Losers Are Born And Winners Are Made (How To Grow Small Account Book 1) by Kemal Choudhury
Traders get stuck at predictable points in their journey to trading success. Despite years of training and effort, something holds them back from the success they know is possible. They want and need the fruits of trading success. They can feel the urgency of it. But, week after week (month after month), it stays out of their grasp. And they remain marginal traders. This is normal, for practically every trader gets struck here. The question is for how long. 

When the trader finally recognizes that he or she is the problem in their trading and decides to do something about it (rather than keep delaying), this is when things can change. The lack of trading success is not a hidden character flaw. Rather it is rooted in the biological commandments that compel us to seek certainty and control even when confronted again and again by the lack of certainty and control over outcome in the world of trading. 

Do you want to learn how to adapt your brain and mind so that it stays disciplined, focused, and poised when engaged with a world that cannot be known for sure?

Change: Investing in a Low Growth World by Rudy Filapek-Vandyck
An expose on the many macro trends that are keeping a lid on economic growth, inflation, bond yields and interest rates and how this is impacting on companies and economies worldwide. The underlying thesis is investors should no longer rely on what worked in the past, but instead they should adapt to the new environment and adjust their portfolios and strategies accordingly. Many of the themes have a global carry, but when it comes to the nitty gritty, this book is aimed at the Australian share market.

Short Selling: Finding Uncommon Short Ideas by Amit Kumar
When an investor believes a stock is overvalued and will soon drop in price, he might decide to "short" it. First, he borrows an amount of the stock, and then sells it. He waits for the stock to tank before buying back the same amount of shares at a deflated price. After returning the shares to his lender, he pockets the difference―unless any one of several hard-to-predict variables interferes, and the stock fails to drop. 
Since these variables are so hard to predict, short selling is difficult for even seasoned investors. It takes great talent and experience to isolate the best short ideas for falling stocks―skills Amit Kumar developed and honed over decades of market analysis and trading. This book shares his short-selling framework, built on themes common to falling stocks and the market's endemic strengths and cycles. Featuring key case studies and exclusive interviews with successful fund managers Bill Ackman (Pershing Square Capital Management) and Mark Roberts (Off Wall Street Consulting Group), Kumar shows investors how to avoid traps and profit from well-researched short ideas. Investors may not always act on short ideas, but they can avoid losses by using Kumar's framework to identify overvalued stocks. Professionals and amateur investors alike will benefit from this fundamental research approach, which transforms short selling into a long-term strategy.

Happy reading!!!