About this product: The million-copy bestseller, revised and updated with new investment strategies for retirement and the insights of behavioral finance. Updated with a new chapter that draws on behavioral finance, the field that studies the psychology of investment decisions, here is the best-selling, authoritative, and gimmick-free guide to investing. Burton Malkiel evaluates the full range of investment opportunities, from stocks, bonds, and money markets to real estate investment trusts and insurance, home ownership, and tangible assets such as gold and collectibles. This edition includes new strategies for rearranging your portfolio for retirement, along with the book’s classic life-cycle guide to investing, which matches the needs of investors in any age bracket. A Random Walk Down Wall Street long ago established itself as a must-read, the first book to purchase before starting a portfolio. So whether you want to brief yourself on the ways of the market before talking to a broker or follow Malkiel’s easy steps to managing your own portfolio, this book remains the best investing guide money can buy. .
About this product: The definitive guide to the graphic presentation of information. In today’s data-driven world, professionals need to know how to express themselves in the language of graphics effectively and eloquently. Yet information graphics is rarely taught in schools or is the focus of on-the-job training. Now, for the first time, Dona M. Wong, a student of the information graphics pioneer Edward Tufte, makes this material available for all of us. In this book, you will learn:
to choose the best chart that fits your data;
the most effective way to communicate with decision makers when you have five minutes of their time;
how to chart currency fluctuations that affect global business;
how to use color effectively;
how to make a graphic “colorful” even if only black and white are available.
The book is organized in a series of mini-workshops backed up with illustrated examples, so not only will you learn what works and what doesn’t but also you can see the dos and don’ts for yourself. This is an invaluable reference work for students and professional in all fields.
THE NATIONAL BESTSELLING BOOK THAT EVERY INVESTOR SHOULD OWN
Peter Lynch is America's number-one money manager. His mantra: Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
Now, in a new introduction written specifically for this edition of One Up on Wall Street, Lynch gives his take on the incredible rise of Internet stocks, as well as a list of twenty winning companies of high-tech '90s. That many of these winners are low-tech supports his thesis that amateur investors can continue to reap exceptional rewards from mundane, easy-to-understand companies they encounter in their daily lives.
Investment opportunities abound for the layperson, Lynch says. By simply observing business developments and taking notice of your immediate world -- from the mall to the workplace -- you can discover potentially successful companies before professional analysts do. This jump on the experts is what produces "tenbaggers," the stocks that appreciate tenfold or more and turn an average stock portfolio into a star performer.
The former star manager of Fidelity's multibillion-dollar Magellan Fund, Lynch reveals how he achieved his spectacular record. Writing with John Rothchild, Lynch offers easy-to-follow directions for sorting out the long shots from the no shots by reviewing a company's financial statements and by identifying which numbers really count. He explains how to stalk tenbaggers and lays out the guidelines for investing in cyclical, turnaround, and fast-growing companies.
Lynch promises that if you ignore the ups and downs of the market and the endless speculation about interest rates, in the long term (anywhere from five to fifteen years) your portfolio will reward you. This advice has proved to be timeless and has made One Up on Wall Street a number-one bestseller. And now this classic is as valuable in the new millennium as ever.
About this product: By day he made thousands of dollars a minute. By night he spent it as fast as he could, on drugs, sex, and international globe-trotting. From the binge that sank a 170-foot motor yacht, crashed a Gulfstream jet, and ran up a $700,000 hotel tab, to the wife and kids who waited for him at home, and the fast-talking, hard-partying young stockbrokers who called him king and did his bidding, here, in his own inimitable words, is the story of the ill-fated genius they called…
In the 1990s Jordan Belfort, former kingpin of the notorious investment firm Stratton Oakmont, became one of the most infamous names in American finance: a brilliant, conniving stock-chopper who led his merry mob on a wild ride out of the canyons of Wall Street and into a massive office on Long Island. Now, in this astounding and hilarious tell-all autobiography, Belfort narrates a story of greed, power, and excess no one could invent. Reputedly the prototype for the film Boiler Room, Stratton Oakmont turned microcap investing into a wickedly lucrative game as Belfort’s hyped-up, coked-out brokers browbeat clients into stock buys that were guaranteed to earn obscene profits–for the house. But an insatiable appetite for debauchery, questionable tactics, and a fateful partnership with a breakout shoe designer named Steve Madden would land Belfort on both sides of the law and into a harrowing darkness all his own.
From the stormy relationship Belfort shared with his model-wife as they ran a madcap household that included two young children, a full-time staff of twenty-two, a pair of bodyguards, and hidden cameras everywhere—even as the SEC and FBI zeroed in on them—to the unbridled hedonism of his office life, here is the extraordinary story of an ordinary guy who went from hustling Italian ices at sixteen to making hundreds of millions. Until it all came crashing down…
About this product: Corruption in Washington & Wall Street joined at the hip has affected your finances and your children's future; it is about the complete erosion of representative government that ceded the power of policy writing and regulation of our banking and financial markets to a lobbying company for the hedge fund short sellers whose greed for power and profit led them to subvert our capitalist system economy, their dirty malicious scandalous criminal maneuvers resulted in the collapse of the economy, the lending freeze, the stock market crash, and the looting of America in excess of $11 trillion dollars; it was a perfect crime until now, the truth and their secrets revealed in this book. The scam orchestrated by the wizards of Wall Street and sanctioned by their Washington DC lap dogs; the scam that elected Barack Obama, Exposed. Who did it and how? Details and names revealed; Architects of the crisis. The book offers the solution for a complete and permanent recovery from the crisis.
About this product: Because starting a small business is not only a huge financial risk but also a complete lifestyle change, anyone who wants to be his or her own boss needs to approach entrepreneurship thoughtfully and with careful planning. That’s why there is no better resource than The Wall Street Journal Complete Small Business Guidebook, a practical guide for turning your entrepreneurial dreams into a successful company, from America’s most trusted source of financial advice. It answers would-be business owners’ biggest question—how do I fund my venture?—then explains the mechanics of building, running and growing a profitable business. You’ll learn:
• How to write a winning business plan • Secrets to finding extra money during the lean years and beyond • Ways to keep your stress in check while maintaining a work/life balance • How to manage your time, including taking vacations and dealing with sick days • Strategies for keeping your business running smoothly—from investing in technology to hiring the right people • Marketing and management basics • When angel investors or venture capital might be an appropriate way to grow • How to execute your exit strategy
Running the show may not always be easy, but the rewards can be tremendous. You may be on the job 24/7, but you have the freedom to call the shots, to hire whomever you want, to work when you want and to take your business as far as you want to go.
About this product: It's unlikely that you'll spot many dog-eared copies of A Random Walk floating amongst the Wall Street set (although bookshelves at home may prove otherwise). After all, a "random walk"--in market terms--suggests that a "blindfolded monkey" would have as much luck selecting a portfolio as a pro. But Burton Malkiel's classic investment book is anything but random. Since stock prices cannot be predicted in the short term, argues Malkiel, individual investors are better off buying and holding onto index funds than meddling with securities or actively managing mutual funds. Not only will a broad range of index funds outperform a professionally managed portfolio in the long run, but investors can avoid expense charges and trading costs, which decrease returns.
First published in 1973, this seventh printing of a A Random Walk looks forward and does so broadly, examining a new range of investment choices facing the turn-of-the-century investor: money-market accounts, tax-exempt funds, Roth IRAs, and equity REITs, as well as the potential benefits and pitfalls of the emerging global economy. In his updated "life-cycle guide to investing," Malkiel offers age-related investment strategies that consider one's capacity for risk. (A 30-year-old who can depend on wages to offset investment losses has a different risk capacity from a 60-year-old.) In his assessment of rocketing Internet stocks, Malkiel defends his "random" position well, explaining how "the market eventually corrects any irrationality--albeit in its own slow, inexorable fashion. Anomalies can crop up, markets can get irrationally optimistic, and often they attract unwary investors. But eventually, true value is recognized by the market, and this is the main lesson investors must heed." Written for the financial layperson but bolstered by 30 years of research, A Random Walk will help individual investors take charge of their financial future. Recommended. --Rob McDonald
About this product: An intriguing look at how technology is changing financial markets, from an innovator on the frontlines of this revolution
Nerds on Wall Street tells the tale of the ongoing technological transformation of the world's financial markets. The impact of technology on investing is profound, and author David Leinweber provides readers with an overview of where we were just a few short years ago, and where we are going. Being a successful investor today and tomorrow--individual or institutional--involves more than stock picking, asset allocation, or market timing: it involves technology. And Leinweber helps readers go beyond the numbers to see exactly how this technology has become more responsible for managing modern markets. In essence, the financial game has changed and will continue to change due entirely to technology. The new "players," human or otherwise, offer investors opportunities and dangers. With this intriguing and entertaining book, Leinweber shows where technology on Wall Street has been, what it has meant, and how it will impact the markets of tomorrow.
About this product: Book Description In the go-go nineties Jordan Belfort proved to Wall Street that you didn’t need to be on Wall Street to make a fortune in the stock market. But his company, Stratton Oakmont, worked differently. His young Long Island wannabes didn’t know from turnaround plans or fiduciary trust. Instead, they knew how to separate wealthy investors from their cash, and spend it as fast as it came in--on hookers, yachts, and drugs. But when Jordan’s empire crashed, the man who had become legend was cornered into a five-year stint cooperating with the feds. This continuation of his Wall Street Journal bestseller, The Wolf of Wall Street, tells the true story of his spectacular flameout and imprisonment for stock fraud.
In this astounding account, Wall Street’s notorious bad boy--and original million-dollar-a-month stock chopper--leads us through a drama worthy of The Sopranos, from his early rise to power to the FBI raid on his estate to the endless indictments at his arrest, to his deal with a bloodthirsty prosecutor to rat out his oldest friends and colleagues--while they were doing the same. With his kingdom in ruin, not to mention his marriage, the Wolf faced his greatest challenge yet: how to navigate a gauntlet of judges and lawyers, hold on to his kids and his enraged model wife--and possibly salvage his self-respect. It wasn’t going to be easy. In fact, for a man with an unprecedented appetite for excess, it was going to be hell.
From a wired conversation at an Italian restaurant, where Jordan’s conscience finally kicks in, to a helicopter ride with an underage knockout that will become his ultimate undoing, here is the tale of a young genius on a roller coaster of harrowing highs--and more harrowing lows. But as the countdown to his moment in court begins, after one last crazy bout with a madcap Russian beauty queen, the man at the center of one of the most outrageous scandals in financial history sees the light of what matters most: his sobriety, and his future as a father and a man. Will a prison term be his first step toward redemption?
Amazon Exclusive: Jordan Belfort on Catching the Wolf of Wall Street
At this moment, our financial system has all but imploded. Real estate prices have plummeted, Wall Street's most venerable investment banks have gone belly up, the credit-crunch has brought the economy to a grinding halt, and once-thriving cities have been turned into financial Hiroshimas, with foreclosed homes littering every block and abandoned pets roaming the streets.
When I wrote my first book, The Wolf of Wall Street, I wanted it to serve as a cautionary tale to anyone who was living a life of unbridled hedonism, to anyone who thought there was something glamorous about being known as a Wolf of Wall Street. Now, with Catching the Wolf of Wall Street, the dire economic straits we find ourselves in have made that desire even more powerful.
Catching the Wolf of Wall Street is an eye-opening glance into the self-destruction of my own life, as a result of my own criminal actions.
In short, I get my comeuppance...and then some.
You might find many of the chapters to be completely hysterical (reading about someone else’s pain can be that way sometimes, especially when they deserve to feel pain, like I did), but I can assure that writing this book was an incredibly painful undertaking, especially the parts that dealt with my separation from my children when I went to jail. I shed many a tear, dredging up those memories, and I found myself having a renewed appreciation for some of life’s simpler things, like freedom, for one.
That being said, when I look back at it all, I can only come to one sad conclusion: that I lived one of the most dysfunctional lives on the planet. I put money before integrity, greed before ethics, and covetousness before love. I chose friends unwisely, cut corners wherever I could, and then drowned my guilt and remorse beneath elephantine doses of recreational drugs.
I deserved to get caught.
Of course, some of you might be wondering whether or not I’ve changed at all--if I’m truly sorry for my crimes, and if the many public apologies I’ve made to people who lost money as a result of my actions were, indeed, sincere.
The answer to that is an unequivocal yes; I am sorry, and I do apologize. In fact, not a day goes by when the mistakes of my past don’t back up on me or are thrown in my face. But then I remind myself why I wrote these books in the first place, and of the many supportive letters I’ve received from people all over the world, who’ve gotten the intended message--namely that: crime doesn’t pay. Perhaps the latest crop of Fat Cat CEOs and Wall Street powerbrokers will get that message too.
Then we go about fixing this mess.--Jordan Belfort
About this product: Trader Vic — Methods of a Wall Street Master Investment strategies from the man Barron’s calls "The Ultimate Wall Street Pro" "Victor Sperandeo is gifted with one of the finest minds I know. No wonder he’s compiled such an amazing record of success as a money manager. Every investor can benefit from the wisdom he offers in his new book. Don’t miss it!" —Paul Tudor Jones Tudor Investment Corporation "Here’s a simple review in three steps: 1. Buy this book! 2. Read this book! 3. See step 2. For those who can’t take a hint, Victor Sperandeo with T. Sullivan Brown has written a gem, a book of value for everyone in the markets, whether egghead, novice or seasoned speculator." —John Sweeney Technical Analysis of Stocks and Commodities "Get Trader Vic-Methods of a Wall Street Master by Victor Sperandeo, read it over and over and you’ll never have a losing year again." —Yale Hirsch Smart Money "I have followed Victor Sperandeo’s advice for ten years, and the results have been outstanding. This book is a must for any serious investor." —James J. Hayes, Vice President, Investments Prudential Securities Inc. "This book covers all the important aspects of making money and integrates them into a unifying philosophy that includes economics, Federal Reserve policy, trading methods, risk, psychology, and more. It’s a philosophy everyone should understand." —T. Boone Pickens, General Partner Mesa Limited Partnership "This book gave me a wealth of new insights into trading. Whether you’re a short-term trader or a long-term investor, you will improve your performance by following Sperandeo’s precepts." —Louis I. Margolis Managing Director, Salomon Brothers, Inc.
BOOK
At this moment, our financial system has all but imploded. Real estate prices have plummeted, Wall Street's most venerable investment banks have gone belly up, the credit-crunch has brought the economy to a grinding halt, and once-thriving cities have been turned into financial Hiroshimas, with foreclosed homes littering every block and abandoned pets roaming the streets.
